For Sale: Albert Lea MLS# 7145070
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Property Description
HENRICKSEN ACREAGE AUCTION
Freeborn County, Minnesota
LandProz is pleased to present the Henricksen Acreage Auction in Freeborn County, Minnesota! This 6 +/- acre building site, subject to survey, will be offered to the public through online bidding via AuctionCast at LandProz.com.
Bidding will begin to close at 4:00 PM CST on October 20, 2026. The auction will continue as long as active bidding is taking place, with each bid extending the closing time by 2 minutes.
Located just outside of Albert Lea, Minnesota, this property offers an excellent opportunity to create your own private country retreat while remaining conveniently close to town. Situated off a blacktop road, the property offers the peaceful rural setting many buyers are looking for while still being just minutes from Albert Lea's shopping, dining, schools, employment, and other local amenities.
With approximately 6 acres to work with, this property offers a variety of possibilities. Whether you're looking to build your dream home, establish a private acreage, create a building site, or add a shop or other improvements, this property is well worth a look.
PROPERTY FEATURES
• 6 +/- Acres — subject to survey
• Convenient access off a blacktop road
• Existing building site
• Timber
• Great location just outside Albert Lea
• Real Estate Taxes: TBD
IMPORTANT BUILDING SITE INFORMATION
Buyers are responsible for independently verifying all building, zoning, septic, water, setback, utility, access, and other development requirements with the appropriate governmental authorities prior to bidding.
AUCTION TERMS
• $5, 000 non-refundable earnest money is due on the day of the auction with a certified check.
• Earnest money will be held in the listing brokerage's escrow account until closing.
• Only approved bidders will be registered to bid.
• Buyers must provide a letter of credit or proof of funds prior to bidding.
• Closing: On or before December 2, 2026.
• A 5% Buyer's Premium will be added to the final purchase price.
• Bidding will be conducted in total dollars.
• Final acreage is subject to survey.
• Online auction will soft close at 4:00 PM CST on October 20, 2026, with 2-minute extensions if active bidding continues.
• Buyer will assume possession of the non-tillable acreage at closing.
• Buyer will assume possession of the tillable acreage once the current tenant's crops have been harvested and removed.
• Buyer(s) are responsible for conducting their own due diligence prior to bidding, including verification of building eligibility, septic requirements, city water requirements, zoning, setbacks, utilities, access, and any other matters affecting the property's intended use.
• Cooperating Buyer Brokers: Any broker representing a buyer will be responsible for obtaining and negotiating their own buyer-broker compensation directly with their buyer. Any buyer-broker compensation will be the sole responsibility of the buyer and will be in addition to the purchase price and the 5% Buyer's Premium. The listing brokerage and seller will not be responsible for payment of buyer-broker compensation.
• Any statements made the day of the auction will take precedence over all previous advertising, statements, and materials.
• All information provided herein has been obtained from sources deemed reliable; however, neither the auction company nor the seller guarantees the accuracy of the information.
LOCATION. OPPORTUNITY. YOUR BID.
Acreage this close to Albert Lea with blacktop access, timber, and an existing building site offers plenty of potential. Buyers should complete their due diligence, understand the development requirements, and come prepared to bid their price!
For additional information regarding the property or auction process, please contact:
Greg Jensen – LandProz Broker & Auctioneer
507-383-1067
Sonny Jensen – LandProz Agent & Auctioneer
507-402-9445
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1
Property Type:
Lot/Land
City:
Albert Lea
County:
Freeborn
Year Built:
1900
State:
MN
Property Style:
Lot/Land
Zip Code:
56007
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
6
Geolocation:
43.649403, -93.326414
Inclusions:
None
Lot Dimensions:
400 x 653
Restrictions:
Open
Zoning:
Residential-Single Family
Farm
Topography:
Wooded
Schools
School District:
241
District Phone:
5073794800
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,434
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,494
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
6
Miscellaneous
Development Status:
Other
Improvements:
None
Available Utilities:
- None Available
- None Connected
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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!
Listing provided by RMLS,
courtesy of HomeProz Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.