Lori Gustafson

2205 Milo Avenue

Albert Lea, MN
$ 195,000 Beds 4 Baths 1.5 Sq 1,686
Monthly Estimate* How much can I afford?

This spacious, well laid out, one owner home has tons to offer. 4 large bedrooms, hardwood floors and an open staircase with character galore. Original metal cabinets in the kitchen, there is a formal dining room and lots of storage. This property is situated on a double lot and includes an extra lot for a total of .63 acres with plum, pear, apple trees, grapevines and room for a garden. There's a cement slab that can be used for a basketball hoop, a pool or an outside patio perfect for entertaining, an attached garage with a breezeway. This is a very unique property with so much potential.

Single Family

  • Price
  • $ 195,000
  • City
  • Albert Lea
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • FREEBORN
  • Half Bathrooms
  • 1
  • Area
  • Sondergard First Sub
  • Lot Size
  • 0.63 Acres
  • Zip
  • 56007
  • Sqr Footage
  • 1,686
  • Year Built
  • 1957
  • Taxes
  • $ 1756
  • Style
  • Single Family
  • MLS#
  • 7042017
Listed By: Leland Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1686
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Cooktop,Dishwasher,Exhaust Fan,Refrigerator,Wall Oven
Garage Spaces 1
Pool Features None
Construction Materials Block
Year Built 1957
Electric Circuit Breakers
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Sondergard First Sub
Other Structures Storage Shed
Full Baths 1
Directions From South Broadway turn south onto Margaretha. Turn left onto 16th St. then right onto Milo. Home is on the left.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1756
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Kitchen Window,Washer/Dryer Hookup
PostalCity Albert Lea

Interior Features

Basement Block,Full,Storage Space,Sump Pump,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1686
Half Baths 1
Laundry Features In Basement,Electric Dryer Hookup
Total Bedrooms 4
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level 1/2 Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 308

Exterior Features

Fencing None
Parking Features Attached Garage,Concrete
Water Source City Water/Connected
Lot Size Area 0.63
Building Area Total 2834
Lot Dimensions 27750 sq ft
Waterfront Y/N No
Foundation Area 1148

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/26/2026 Listed $219,900
8/21/2026 12% - $195,000

Property vs Zip Code Average in 56007

Price
AVG $280K
$200K
Taxes
AVG $3,239
$1,756
Year Built
AVG 1951
1957
Visits
AVG 99
192
Data Provided by Inside Real Estate®

Areas That We Cover

2205 Milo Avenue Albert Lea, MN is a Single Family Home for sale at $195000 with 1686 sqft and a lot size of 0.63 Acres Acre(s). 2205 Milo Avenue Albert Lea has 4 bedrooms, 1 baths and was built in 1957. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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