Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $985 (2025).

What school district is this property in?

This property is in the 492 - Austin school district.

How long has this property been on the market?

This property has been listed for 202 days.

Listed at

$195,000

$206/sqft

87387 245th Street

87387 245th Street, Albert Lea, MN, 56007

3 Bedrooms1 Bathroom947 Square Feet10 Acres

Days on market202

Year built1926

ParkingNone

TypeResidential

Est. $2,850buyer credit when you buy with SODL

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About this home

Come check out this 10 acre property located on a blacktop road in Freeborn County. Make this property your own whether it be hunting or an nice recreational retreat this property has the ability to cover it all.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1926

LevelsOne and One Half

Living area947 sqft

Above-grade finished947 sqft

Below-grade finished0 sqft

Lot size10 acres (825X528)

Days on market202

ListedFeb 1, 2026

MLS #NST7015302

CountyFreeborn

Parcel #110210110

Facts & features

Interior

Bedrooms: 3
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Basement: Unfinished · 0 sqft finished

Property

Levels / stories: One and One Half
Parking features: None
Exterior features: Metal
Lot size: 10 acres
Lot dimensions: 825X528
Accessibility: None

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 784 sqft
Year built: 1926

Utilities

Water: Private
Sewer: Septic System Compliant - No
Fuel: Propane

Community & HOA

HOA: No HOA
School district: 492 - Austin
High school district: Austin

Financial & listing details

Annual tax: $985 (2025)
Tax with assessments: 1048
Listed: Feb 1, 2026
Days on market: 202 · 86 cumulative
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementUnfinished

HeatingForced Air

CoolingCentral Air

AccessibilityNone

Exterior & lot

ExteriorMetal

FoundationBlock

Foundation area784 sqft

ZoningResidential-Single Family

Utilities

Water sourcePrivate

SewerSeptic System Compliant - No

FuelPropane

Parking & garage

ParkingNone

Garage spaces0

Financial details

Annual taxes$985

Tax year2025

Taxes w/ assessments1048

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District492 - Austin

District number492

District phone5074601900

High schoolAustin

SODL flat fee brokerage

$2,850Estimated buyer credit

SODL platform fee $3,000Your buyer credit $2,850

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,172/mo

Principal & interest$1,025

Property taxes$82

Home insurance (est.)$65

Down payment

$39,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.