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1105 Madison Ave

Albert Lea, MN 56007

2 bd 1 ba 1,648 sqft Built 1913 Lot 6,839 sqft single_family
Most recent sale
$60,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $60,000 MLS #6233978
Jul 15, 2022 Listed $60,000 MLS #6233978
Apr 30, 2014 Sold $18,515 MLS #4049491
Dec 12, 2013 Price changed $18,500 MLS #4049491
Dec 3, 2013 Price changed $32,000 MLS #4049491
Nov 19, 2013 Price changed $35,000 MLS #4049491
Nov 5, 2013 Price changed $38,000 MLS #4049491
Oct 25, 2013 Listed $41,000 MLS #4049491
Nov 30, 2000 Sold $36,000 MLS #1010216
Oct 23, 2000 Listed $33,900 MLS #1010216

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,000 $5,500 $49,500 $828
2023 $30,100 $5,500 $35,600 $596
2022 $32,100 $5,500 $37,600 $1,368
2021 $28,900 $5,500 $34,400 $664
2020 $28,900 $5,500 $34,400 $942
2019 $28,900 $5,500 $34,400 $906
2018 $26,000 $5,000 $31,000 $614
2017 $22,900 $5,000 $27,900 $620
2016 $22,900 $6,900 $29,800 $622
2015 $22,900 $6,900 $29,800 $482
2014 $15,960 $4,140 $20,100 $490
2013 $15,960 $4,140 $20,100 $540
2012 $16,168 $4,132 $20,300 $598
2011 $18,271 $5,229 $23,500 $602
2009 $29,000 $8,700 $37,700 $476
2008 $30,200 $8,700 $38,900 $390
2007 $30,200 $8,700 $38,900 $294

Property facts

Year built
1913
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,648 sqft
Lot size
6,839 sqft
ZIP code
56007
City
Albert Lea
Street
Madison Ave
Coordinates
43.63901, -93.37204

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1105 Madison Ave last sell?
1105 Madison Ave most recently sold on Aug 15, 2022 for $60,000.
What is the current tax assessment for 1105 Madison Ave?
The most recent total assessment for 1105 Madison Ave (year 2025) is $49,500 with $828 in property tax.
How does 1105 Madison Ave's assessment compare to its last sale price?
The current assessment is 17.5% below the last sale price of $60,000.
When was 1105 Madison Ave built?
1105 Madison Ave was built in 1913.
How does 1105 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 1105 Madison Ave?
1105 Madison Ave is a 2 bed, 1 bath, 1,648 sqft, 6,839 sqft lot single_family.
Is 1105 Madison Ave a flip candidate?
No — 1105 Madison Ave does not appear in our flips dataset.
Is 1105 Madison Ave a tax-appeal candidate?
No — 1105 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast

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