24260 Cates Ave, Faribault, MN 55021 Property Records

Rice County property record for 24260 Cates Ave, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	3 bd · 3 ba · 1,680 sqft · built 1996
Lot Size	15.2 acres (662,112 sqft)
Owner	2 Individual Names on Record
Tax Bill	$3,388 (2026)
Deeds & Mortgages	Mar 2022 Line of Credit Mar 2022 Second Mortgage
Flood Zone	Zone X (minimal risk)
APN	`15.21.2.75.001`

Property Details

APN / Parcel Number

Primary APN	`15.21.2.75.001`

Interior

Bedrooms	3 Beds
Full Baths	3 Baths
Half Baths	2 Half Baths
Plumbing Fixtures	11 Plumbing Fixtures
Total Rooms	4 Rooms
Stories	1 Story
Building Area	1,680 sqft Living Area
1st Floor Area	1,680 sqft
Basement Area	1,680 sqft
Finished Basement	1,300 sqft
Unfinished Basement	320 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	662,112 sqft (15.2 acres)
Garage Type	Attached
Garage Area	780 sqft
Driveway	Concrete Driveway
Parking Spaces	3 Parking Spaces
Porch	Patio
Porch Area	311 sqft
Deck Area	90 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	24260 CATES AVE
City	FARIBAULT
State	MN
Zip	55021-8285
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PART E2 NW4 BEG @ SE COR N3/4 NW4 TH W ALG S LI N3/4 NW4 815FT TH N P/W E LI NW4 815FT TH E P/W S LI N3/4 NW4 815FT TO E LI
Legal Range	020
Legal Township	109
Legal Section	21
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4040
Census Tract	70400

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	2 Individual Names on Record
Mailing Address	24260 CATES AVE, FARIBAULT, MN 55021-8285
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 24, 2022	Deed of Trust, Mortgage · Line of Credit HOMETOWN FCU
Mar 24, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage HOMETOWN FCU

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Sep 20, 2026

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	24260 CATES AVE, FARIBAULT, MN 55021-8285
Transaction Type	Mortgage
Record Updated	Jul 20, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000A750146
Date	Mar 24, 2022
Instrument	A750146

Lender

Name	HOMETOWN FCU
Type	Credit Union
Address	OWATONNA, MN 55060

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Mar 23, 2032

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	24260 CATES AVE, FARIBAULT, MN 55021-8285
Transaction Type	Mortgage
Record Updated	Jul 20, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000A750147
Date	Mar 24, 2022
Instrument	A750147

Lender

Name	HOMETOWN FCU
Type	Credit Union
Address	OWATONNA, MN 55060

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Apr 1, 2027

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
County Subdivision	Walcott Township
Unified School District	Medford Public School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,388.00 (+2.23%)	$621,600 (+2.19%) Land $262,100 Building $359,500	$621,600 (+2.19%) Land $262,100 Building $359,500
2025		$608,300 (+8.63%) Land $250,900 Building $357,400	$608,300 (+8.63%) Land $250,900 Building $357,400
2024	$3,314.00 (+6.15%)	$560,000 (-) Land $223,500 Building $336,500	$560,000 (-) Land $223,500 Building $336,500
2023	$3,122.00	$560,000 Land $223,500 Building $336,500	$560,000 Land $223,500 Building $336,500

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 96% of the US · lower than 86% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 12 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
CenturyLink DSL	80 / 10

May also be available: AT&T, Minnesota WiFi, Verizon.

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