12 3rd Ave SW, Faribault, MN 55021 Property Records

Rice County property record for 12 3rd Ave SW, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 1,629 sqft · built 1902
Lot Size	0.25 acres (10,890 sqft)
Owner	2 Individual Names on File
Last Sale	$270,000 (Sep 2020)
Tax Bill	$2,810 (2026)
Deeds & Mortgages	Jan 2022 Mortgage Sep 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`18.31.3.01.014`

Property Details

APN / Parcel Number

Primary APN	`18.31.3.01.014`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	4 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	1,629 sqft Living Area
1st Floor Area	624 sqft
Basement Area	848 sqft
Unfinished Basement	848 sqft
Flooring	Other
Interior Walls	Plaster

Exterior

Year Built	Built 1902
Effective Year Built	Effective 1902
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	10,890 sqft (0.25 acres)
Lot Dimensions	165 ft deep x 66 ft wide
Garage Type	Detached
Garage Area	475 sqft
Driveway	Asphalt Driveway
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Slab
Porch Area	296 sqft
Deck Area	264 sqft
Patio Area	264 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	12 3RD AVE SW
City	FARIBAULT
State	MN
Zip	55021-6038
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 4 BLOCK 1 OF DANIEL FARIBAULTS
Legal Subdivision	DANIEL FARIBAULTS
Legal Block	1
Legal Lot Number	4
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	2
Census Block	2030
Census Tract	70902

Owner

12 3rd Ave SW is owned and occupied by two individuals who bought it in September 2020.

Source: Rice County records, as of July 22, 2026

Owner of Record	2 Individual Names on File
Mailing Address	12 3RD AVE SW, FARIBAULT, MN 55021-6038
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 27, 2022	Deed of Trust, Mortgage · FHA Mortgage FLAGSTAR BANK FSB
Sep 28, 2020	Warranty Deed, Transfer GUARANTEED RATE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 28, 2020 · Amount on File
Deed Sale	Sep 28, 2020 · Amount on File
Prior Sale	Dec 16, 1997 · Amount on File
Deed Document Number	2020730832
Prior Transfer Date	Sep 6, 2017
Prior Transfer Doc	000A700735
Record Updated	Sep 20, 2026

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	12 3RD AVE SW, FARIBAULT, MN 55021-6038
Transaction Type	Mortgage
Record Updated	Feb 4, 2022
Title Company	FIRSTAMERICAN TITLE COMPANY, FIRST AMERICAN TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	12 3RD AVE SW, FARIBAULT, MN 55021-6038

Mortgage

Document Number	000A748521
Date	Jan 27, 2022
Instrument	A748521

Lender

Name	FLAGSTAR BANK FSB
Type	Bank
Address	JACKSONVILLE, FL 32202

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	345 Months
Due	Oct 1, 2050

September 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Sep 28, 2020
Property Address	12 3RD AVE SW, FARIBAULT, MN 55021-6038
Document Number	0000730832
Instrument Date	Sep 25, 2020
Instrument	730832
Transaction Type	Transfer
Record Updated	Oct 20, 2020
Title Company	NORTHSTAR TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$891.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	12 3RD AVE SW FARIBAULT MN 550216038, FARIBAULT, MN 55021-6038

Mortgage

Document Number	730833
Date	Sep 28, 2020
Instrument	730833

Lender

Name	GUARANTEED RATE
Address	CHICAGO, IL 60613

Agreement

Amount	Amount on Record
Term	360 Months
Due	Sep 27, 2050

Tax Assessment & Valuation

The 2026 property tax bill for 12 3rd Ave SW was $2,810.

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Faribault City
Unified School District	Faribault Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,810.00	$259,600 (+4.76%) Land $63,500 Building $196,100	$259,600 (+4.76%) Land $63,500 Building $196,100
2025		$247,800 (+13.72%) Land $56,600 Building $191,200	$247,800 (+13.72%) Land $56,600 Building $191,200
2024	$2,406.00 (+45.64%)	$217,900 (-) Land $53,200 Building $164,700	$217,900 (-) Land $53,200 Building $164,700
2023	$1,652.00	$217,900 Land $53,200 Building $164,700	$217,900 Land $53,200 Building $164,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 12 3rd Ave SW in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective April 14, 2022

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 12 3rd Ave SW is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Faribault serves 23,718 people · EPA ID MN1660002
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	19 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 445 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Verizon.

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