122 3rd Ave SW, Faribault, MN 55021 Property Records

Rice County property record for 122 3rd Ave SW, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 2,184 sqft · built 1911
Lot Size	0.25 acres (10,890 sqft)
Owner	Individual Name on Record
Last Sale	$269,000 (Jun 2024)
Tax Bill	$2,978 (2026)
Deeds & Mortgages	Apr 2026 Mortgage Oct 2023 Transfer + 2 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.3.01.048`

Property Details

APN / Parcel Number

Primary APN	`18.31.3.01.048`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	2,184 sqft Living Area
1st Floor Area	840 sqft
Basement Area	1,344 sqft
Unfinished Basement	1,344 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1911
Effective Year Built	Effective 1911
Architectural Style	A-Frame
Exterior Material	Aluminum Siding
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	10,890 sqft (0.25 acres)
Lot Dimensions	165 ft deep x 66 ft wide
Garage Type	Attached
Garage Area	576 sqft
Driveway	Concrete Driveway
Parking Spaces	2 Parking Spaces
Porch	Slab
Porch Area	224 sqft
Patio Area	336 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	122 3RD AVE SW
City	FARIBAULT
State	MN
Zip	55021-6040
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 2 BLOCK 2 OF DANIEL FARIBAULTS
Legal Subdivision	DANIEL FARIBAULTS
Legal Block	2
Legal Lot Number	2
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	2
Census Block	2040
Census Tract	70902

Owner

Source: Rice County records, as of June 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Life Estate

Deeds, Mortgages & Sale History

Date	Document
Apr 22, 2026	Deed of Trust, Mortgage · Conventional Mortgage NETX MORTGAGE LLC
Oct 27, 2023	Affidavit of Death of Joint Tenant, Transfer
Aug 30, 2022	Transfer on Death Deed, Transfer
Aug 30, 2022	Affidavit of Death of Joint Tenant, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 18, 2024 · Amount on Record
Deed Sale	Jun 18, 2024 · Amount on Record
Prior Sale	May 23, 2024 · Amount on Record
Deed Document Number	2024768140
Prior Transfer Date	Aug 29, 2022
Prior Transfer Doc	000A754488
Record Updated	Sep 20, 2026

April 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Recording Date	Apr 22, 2026
Property Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040
Document Number	0000783294
Instrument Date	Apr 10, 2026
Instrument	2026783294
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	ESSENT TITLE INSURANCE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040

Mortgage

Document Number	0000783294,
Date	Apr 22, 2026
Instrument	2026783294

Lender

Name	NETX MORTGAGE LLC

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 1, 2056

Interest

Rate Type	Fixed Rate
Rate	6.11%
Initial Type	Fixed Rate
Max Rate	-1%

October 2023: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	RICE MN
Recording Date	Oct 27, 2023
Property Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040
Document Number	000A763452
Instrument Date	Sep 18, 2023
Instrument	A763452
Transaction Type	Transfer
Record Updated	Nov 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	122 3RD AVE NW, FARIBAULT, MN 55021-5134

August 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	RICE MN
Recording Date	Aug 30, 2022
Property Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040
Document Number	000A754488
Instrument Date	Aug 29, 2022
Instrument	A754488
Transaction Type	Transfer
Record Updated	Mar 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	122 3RD AVE NW, FARIBAULT, MN 55021-5134

Transferred To (Grantee/Buyer)

Name	Verified Name

August 2022: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	RICE MN
Recording Date	Aug 30, 2022
Property Address	122 3RD AVE SW, FARIBAULT, MN 55021-6040
Document Number	000A754487
Instrument Date	Aug 29, 2022
Instrument	A754487
Transaction Type	Transfer
Record Updated	Mar 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	122 3RD AVE NW, FARIBAULT, MN 55021-5134

Tax Assessment & Valuation

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	$2,978.00 (+20.27%)	$272,800 (+4.64%) Land $63,500 Building $209,300	$272,800 (+4.64%) Land $63,500 Building $209,300
2025		$260,700 (+16.64%) Land $56,600 Building $204,100	$260,700 (+16.64%) Land $56,600 Building $204,100
2024	$2,476.00 (+43.12%)	$223,500 (-) Land $53,200 Building $170,300	$223,500 (-) Land $53,200 Building $170,300
2023	$1,730.00	$223,500 Land $53,200 Building $170,300	$223,500 Land $53,200 Building $170,300

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

Flood

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

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	Indirect within ember reach
Adjoins Burnable Land	Yes

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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