3050 197th St E, Faribault, MN 55021 Property Records

Rice County property record for 3050 197th St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms4 Beds
Bathrooms3 Baths
Year BuiltBuilt 1920
Square Footage7,264 sqft Living Area
Lot Size788,436 sqft (18.1 acres)
OccupancyOwner Occupied
Last Sale$712,500 (2022)
Tax Bill$3,234.00 (2026)

Property Details

APN / Parcel Number

Primary APN11.28.3.25.003

Interior

Bedrooms4 Beds
Full Baths3 Baths
Partial Baths4 Partial Baths
Plumbing Fixtures9 Plumbing Fixtures
Building Area7,264 sqft Living Area
1st Floor3,400 sqft 1st Floor
Stories2 Stories
Primary FlooringHardwood Flooring
Interior StructureWallboard/Drywall Interior Structure

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1920
Architectural StyleA-Frame Style
Exterior MaterialStucco Exterior
Construction TypeFrame Construction
Roof ConstructionFlat Roof Construction
Roof MaterialAsphalt Roof
Lot Area788,436 sqft (18.1 acres)
DrivewayDriveway Gravel
Deck Area216 sqft Deck
Patio Area64 sqft Patio
Canopy Area64 sqft Canopy

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHVAC Heating

Location & Zoning

Street Address3050 197TH ST E
CityFARIBAULT
StateMN
Zip55021-8002
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionPART NW4 SW4 BEG NW COR SW4 SEC28 TH S0DW 208FT TH N89D58'42"E 464.11FT TAP IN C/L CSAH 20 & TPOB TH N89D58'42"E 319.18FT TH
Legal Range020
Legal Township110
Legal Section28
JurisdictionRICE MN
Minor Civil DivisionCANNON CITY
Census Blockgroup4
Census Block4012
Census Tract70702

Owner

Source: Rice County records · APN 11.28.3.25.003

Assessment roll updated June 8, 2026 · Last verified June 2026

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

Owner of RecordIndividual Name on File
Mailing Address3050 197TH ST E, FARIBAULT, MN 55021-8002
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Feb 02, 2023Deed of Trust, Mortgage · Commercial Mortgage
RELIANCE BANK
Feb 22, 2022Warranty Deed, Transfer · Veterans Administration Mortgage
HOMEPROMISE CORPORATION

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 22, 2022 · Amount on Record
Deed SaleFeb 22, 2022 · Amount on Record
Deed Doc Number2022749183
Prior Transfer DateOct 18, 2021
Prior Transfer Doc000A746433
Record RefreshedSep 20, 2026

February 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address3050 197TH ST E, FARIBAULT, MN 55021-8002
Transaction TypeMortgage
Record UpdatedFeb 20, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A758103
DateFeb 02, 2023
InstrumentA758103
Lender
NameRELIANCE BANK
TypeBank
AddressFARIBAULT, MN 55021
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term59 Months
DueJan 13, 2028

February 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionRICE MN
Recording DateFeb 22, 2022
Property Address3050 197TH ST E, FARIBAULT, MN 55021-8002
Document Number000A749183
Instrument DateFeb 09, 2022
InstrumentA749183
Transaction TypeTransfer
Record UpdatedMar 01, 2022

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$2,351.25
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3050 197TH ST E, FARIBAULT, MN 55021-8002

Mortgage

Document Number000A749184
DateFeb 22, 2022
InstrumentA749184
Lender
NameHOMEPROMISE CORPORATION
TypeNon-Lending Institution
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term361 Months
DueMar 01, 2052

Tax Assessment & Valuation

Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
County SubdivisionCannon City Township
Unified School DistrictFaribault Public School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$3,234.00 (+18.03%)$694,200 (+4.88%) Land $255,800 Building $438,400$694,200 (+4.88%) Land $255,800 Building $438,400
2025$661,900 (+8.1%) Land $240,200 Building $421,700$661,900 (+8.1%) Land $240,200 Building $421,700
2024$2,740.00 (-56.84%)$612,300 (-17.31%) Land $207,800 Building $404,500$612,300 (-17.31%) Land $207,800 Building $404,500
2023$6,348.00$740,500 Land $320,300 Building $420,200$740,500 Land $320,300 Building $420,200

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