Rice County property record for 24855 Ibson Ave, Faribault, MN 55021
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 1 ba · 1,142 sqft · built 1900 |
| Lot Size | 2.6 acres (113,256 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $1,656 (2026) |
| Deeds & Mortgages | Aug 2026 Mortgage Jun 2022 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 16.21.3.50.001 |
| Primary APN | 16.21.3.50.001 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Bath |
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 1,142 sqft Living Area |
| 1st Floor Area | 672 sqft |
| Basement Area | 672 sqft |
| Unfinished Basement | 672 sqft |
| Flooring | Carpet |
| Interior Walls | Plaster |
| Year Built | Built 1900 |
|---|---|
| Effective Year Built | Effective 1900 |
| Architectural Style | A-Frame |
| Exterior Material | Vinyl |
| Construction Type | Frame |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 113,256 sqft (2.6 acres) |
| Driveway | Gravel Driveway |
| Porch | Slab |
| Porch Area | 77 sqft |
| Deck Area | 399 sqft |
| Cooling System | None |
|---|---|
| Heating System | HVAC |
| Street Address | 24855 IBSON AVE |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-8341 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | S250FT W450FT N2 SW4 SW4 |
| Legal Range | 019 |
| Legal Township | 109 |
| Legal Section | 21 |
| Jurisdiction | RICE MN |
| Township / Civil Division | RICHLAND |
| Census Block Group | 2 |
| Census Block | 2080 |
| Census Tract | 70400 |
24855 Ibson Ave is owned and occupied by an individual.
Source: Rice County records, as of June 8, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 24855 IBSON AVE, FARIBAULT, MN 55021-8341 |
| 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.
| Date | Document |
|---|---|
| Aug 4, 2026 | Deed of Trust, Mortgage · Conventional Mortgage HERITAGE BANK |
| Jun 23, 2022 | Deed of Trust, Mortgage · Commercial Mortgage HERITAGE BANK MINNESOTA |
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICE MN |
| Recording Date | Aug 4, 2026 |
| Property Address | 24855 IBSON AVE, FARIBAULT, MN 55021-8341 |
| Document Number | 0000785968 |
| Instrument Date | Jun 18, 2026 |
| Instrument | 2026785968 |
| Transaction Type | Mortgage |
| Record Updated | Aug 17, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Address | 24855 IBSON AVE, FARIBAULT, MN 55021-8341 |
| Document Number | 0000785968, |
|---|---|
| Date | Aug 4, 2026 |
| Instrument | 2026785968 |
| Name | HERITAGE BANK |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 120 Months |
| Due | Jul 1, 2036 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.51% |
| Initial Type | Fixed Rate |
| Max Rate | -1% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 24855 IBSON AVE, FARIBAULT, MN 55021-8341 |
| Transaction Type | Mortgage |
| Record Updated | Jul 4, 2022 |
| Name | Verified Name |
|---|
| Document Number | 000A752634 |
|---|---|
| Date | Jun 23, 2022 |
| Instrument | A752634 |
| Name | HERITAGE BANK MINNESOTA |
|---|---|
| Type | Bank |
| Address | NORTHFIELD, MN 55057 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 85 Months |
| Due | Jul 1, 2029 |
The 2026 property tax bill for 24855 Ibson Ave was $1,656.
Source: Rice County assessment roll, as of June 8, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| County Subdivision | Richland Township |
| Unified School District | Faribault Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,656.00 | $302,100 (+8.79%) Land $106,600 Building $195,500 | $302,100 (+8.79%) Land $106,600 Building $195,500 |
| 2025 | $277,700 (+30.56%) Land $98,800 Building $178,900 | $277,700 (+30.56%) Land $98,800 Building $178,900 | |
| 2024 | $1,180.00 (+4.06%) | $212,700 (-) Land $85,300 Building $127,400 | $212,700 (-) Land $85,300 Building $127,400 |
| 2023 | $1,134.00 | $212,700 Land $85,300 Building $127,400 | $212,700 Land $85,300 Building $127,400 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 24855 Ibson Ave 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.
The area around 24855 Ibson Ave has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 2 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Starlink Satellite | 280 / 30 |
| GigFire Fixed Wireless | 150 / 130 |
| Minnesota WiFi Fixed Wireless | 150 / 30 |
| Midco Fixed Wireless | 100 / 20 |
| Krms Products Fixed Wireless | 52 / 27 |
| AT&T Fixed Wireless | 25 / 3 |
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