129 Central Ave N, Faribault, MN 55021 Property Records

Rice County property record for 129 Central Ave N, Faribault, MN 55021

Property Summary

Property Type	Restaurant
Details	14,604 sqft · built 1912
Lot Size	0.366 acres (15,928 sqft)
Owner	Company Name on File
Last Sale	$3,000 (Mar 2022)
Tax Bill	$13,462 (2026)
Deeds & Mortgages	Mar 2026 Line of Credit Mar 2026 Line of Credit + 7 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.1.26.478`

Property Details

APN / Parcel Number

Primary APN	`18.31.1.26.478`

Interior

Units	8 Units
Stories	3 Stories
Building Area	14,604 sqft Gross Area
Basement Area	4,450 sqft
Unfinished Basement	4,450 sqft

Exterior

Year Built	Built 1912
Effective Year Built	Effective 1912
Lot Area	15,928 sqft (0.366 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	129 CENTRAL AVE N
City	FARIBAULT
State	MN
Zip	55021-5210
Property Category	Commercial
Property Type	Commercial > Retail > Restaurant
Legal Description	LOT 4 BLOCK 69 OF ORIGINAL TOWN FARIBAULT N 1/3 L4 EX E148FT & L5 EX E148FT & ALSO L6 EX W100FT & ALSO N 1/3 L7 EX W100FT ALL
Legal Subdivision	ORIGINAL TOWN FARIBAULT
Legal Block	69
Legal Lot Number	4
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	3
Census Block	3017
Census Tract	70702

Owner

129 Central Ave N, a commercial property, is owned by a company that bought it in March 2022.

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

Owner of Record	Company Name on File
Mailing Address	129 CENTRAL AVE N, FARIBAULT, MN 55021-5210
Owner Type	Company
Vesting	Company

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
Mar 10, 2026	Deed of Trust, Mortgage · Line of Credit THE STATE BANK OF FARIBAULT
Mar 10, 2026	Deed of Trust, Mortgage · Line of Credit THE STATE BANK OF FARIBAULT
Mar 7, 2022	Quit Claim Deed, Transfer Quitclaim
Dec 10, 2020	Deed of Trust, Mortgage · Line of Credit STATE BK/FARIBAULT
Jul 31, 2018	Loan Modification, Mortgage · Conventional Mortgage STATE BK/FARIBAULT
May 22, 2018	Loan Modification, Mortgage · Conventional Mortgage STATE BK/FARIBAULT
Mar 12, 2018	Loan Modification, Mortgage · Conventional with PMI STATE BK/FARIBAULT
Nov 9, 2017	Deed of Trust, Mortgage · Conventional Mortgage HOUSING & REDEV AUTHORITY/THE
Nov 9, 2017	Deed of Trust, Mortgage · Conventional Mortgage HOUSING & REDEV AUTHORITY/THE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 7, 2022 · Amount on File
Deed Sale	Mar 7, 2022 · Amount on File
Prior Sale	Mar 7, 2022 · Amount on File
Deed Document Number	2022749619
Prior Transfer Date	Mar 3, 2022
Prior Transfer Doc	0000061095
Record Updated	Sep 20, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	129 CENTRAL AVE N, FARIBAULT, MN 55021-5210
Transaction Type	Mortgage
Record Updated	Apr 1, 2026
Title Company	KNIGHT-BARRY TITLE GROUP, KNIGHT BARRY TITLE GROUP

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	129 CENTRAL AVE N, FARIBAULT, MN 55021-5210

Mortgage

Document Number	000A782277
Date	Mar 10, 2026
Instrument	A782277

Lender

Name	THE STATE BANK OF FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Mar 5, 2036

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	129 CENTRAL AVE N, FARIBAULT, MN 55021-5210
Transaction Type	Mortgage
Record Updated	Apr 1, 2026
Title Company	KNIGHT-BARRY TITLE GROUP, KNIGHT BARRY TITLE GROUP

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	129 CENTRAL AVE N, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000T64910
Date	Mar 10, 2026
Instrument	T64910

Lender

Name	THE STATE BANK OF FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Mar 5, 2036

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2022: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	RICE MN
Recording Date	Mar 7, 2022
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	000A749619
Instrument Date	Mar 3, 2022
Instrument	A749619
Transaction Type	Transfer
Record Updated	Jul 8, 2022

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	129 COTTONAVE, FARIBAULT, MN 55021

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000734235
Instrument Date	Dec 10, 2020
Transaction Type	Mortgage
Record Updated	Jan 6, 2021
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000734235
Date	Dec 23, 2020
Instrument	734235

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021-5217

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Dec 22, 2040

Interest

Rate Type	Adjustable Rate

July 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000709119
Instrument Date	Jul 31, 2018
Transaction Type	Mortgage
Record Updated	Aug 15, 2018
Title Company	R AND L ABSTRACT COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000709119
Date	Aug 1, 2018
Instrument	709119

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021-5217

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	120 Months
Due	Jul 31, 2028

May 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000707484
Instrument Date	May 22, 2018
Transaction Type	Mortgage
Record Updated	Jul 3, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000707484
Date	Jun 1, 2018
Instrument	707484

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021-5217

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	120 Months
Due	May 31, 2028

March 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000705508
Instrument Date	Mar 12, 2018
Transaction Type	Mortgage
Record Updated	Jun 18, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000705508
Date	Mar 12, 2018
Instrument	705508

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021-5217

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	120 Months
Due	Mar 11, 2028

November 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000056499
Instrument Date	Nov 9, 2017
Transaction Type	Mortgage
Record Updated	Oct 9, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000056499
Date	Sep 21, 2018
Instrument	56499

Lender

Name	HOUSING & REDEV AUTHORITY/THE
Address	208 1ST AVE NW, FARIBAULT, MN 55021-5105

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

November 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	127 CENTRAL AVE N, FARIBAULT, MN 55021-5247
Document Number	0000710460
Instrument Date	Nov 9, 2017
Transaction Type	Mortgage
Record Updated	Oct 9, 2018
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	129 CENTRAL AVE N FARIBAULT MN 550215210, FARIBAULT, MN 55021-5210

Mortgage

Document Number	0000710460
Date	Sep 21, 2018
Instrument	710460

Lender

Name	HOUSING & REDEV AUTHORITY/THE
Address	208 1ST AVE NW, FARIBAULT, MN 55021-5105

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 129 Central Ave N was $13,462.

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	$13,462.00	$687,200 (+1.6%) Land $110,400 Building $576,800	$687,200 (+1.6%) Land $110,400 Building $576,800
2025		$676,400 (+17.31%) Land $110,400 Building $566,000	$676,400 (+17.31%) Land $110,400 Building $566,000
2024	$10,708.00 (-8.9%)	$576,600 (-) Land $85,900 Building $490,700	$576,600 (-) Land $85,900 Building $490,700
2023	$11,754.00	$576,600 Land $85,900 Building $490,700	$576,600 Land $85,900 Building $490,700

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

Flood

FEMA maps place 129 Central Ave N 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 129 Central Ave N 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 245 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
Verizon Fixed Wireless	300 / 20
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Fidium Fiber.

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