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Active NEW!
$299,999
/mo Edit
Single Family:  1 Story
3 br • 3 ba • Built 1976
1,564 sqft • 5.24 acres
United South Central schools
MLS# 7082468
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    Property Description

    A fantastic opportunity for buyers with vision, creativity, and a desire to build equity. Situated on a spacious 5.25 acre country setting, this property offers the solid foundation of a good home with the chance to transform it into something truly special. The home features a functional layout with living spaces that are flooded with natural light. The home has been well-lived in over the years, making this an ideal project for buyers looking to customize a home exactly to their tastes. With the right updates, this home has the potential to shine and become a beautiful rural retreat. Outside, you'll appreciate the peaceful setting and open space that comes with country living. The property also includes multiple outbuildings that provide exceptional flexibility for hobby farming or, storage. Among them is a poultry house, providing a practical space for raising chickens or pursuing other hobby farm activities. The surrounding area is known for its scenic farmland, quiet roads, and easy access to nearby communities including Alden, Albert Lea, and Interstate 90 for convenient commuting. Properties with good bones and strong upside potential are becoming increasingly difficult to find. Whether you're searching for your next renovation project, a value-add investment, or a home you can improve over time while building instant sweat equity. Bring your ideas, your tool belt, and your imagination—this property is ready for its next chapter.

    Listing

    Contingency: None
    Price per sq ft: $192
    City: Alden
    County: Freeborn
    State: MN
    Property Style: 1 Story
    Zip Code: 56009

    Interior

    Living Area: 1,564 ft2
    Common Wall: No
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 1,625 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features: Attached Garage

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: 1

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 5.24
    Geolocation: 43.730724, -93.60947
    Lot Dimensions: 643 x 354
    Zoning: Residential-Single Family

    Schools

    School District: 2134
    District Phone: 5075533134

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,446
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,458
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Propane
    Sewer System: Septic System Compliant - Yes
    Water System: Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.