306 Central Ave N, Faribault, MN 55021 Property Records

Rice County property record for 306 Central Ave N, Faribault, MN 55021

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	4,400 sqft · built 1920
Lot Size	0.051 acres (2,200 sqft)
Owner	Company Name on File
Last Sale	$27,000 (Jan 2020)
Tax Bill	$3,498 (2026)
Deeds & Mortgages	Jul 2020 Mortgage Jul 2020 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.1.26.284`

Property Details

APN / Parcel Number

Primary APN	`18.31.1.26.284`

Interior

Stories	2 Stories
Building Area	4,400 sqft Gross Area
Basement Area	2,200 sqft
Unfinished Basement	2,200 sqft

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Lot Area	2,200 sqft (0.051 acres)

Location & Zoning

Street Address	306 CENTRAL AVE N
City	FARIBAULT
State	MN
Zip	55021-5215
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Legal Description	LOT 1 BLOCK 45 OF ORIGINAL TOWN FARIBAULT ORIG TOWN N22FT E100FT L1 B45
Legal Subdivision	ORIGINAL TOWN FARIBAULT
Legal Block	45
Legal Lot Number	1
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	3
Census Block	3014
Census Tract	70702

Owner

306 Central Ave N, a commercial property, is owned by a company that bought it in January 2020.

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

Owner of Record	Company Name on File
Mailing Address	6422 150TH ST SE, PRIOR LAKE, MN 55372-2105
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
Jul 30, 2020	Deed of Trust, Mortgage SOUTHEASTERN MINNESOTA 504 DEV
Jul 30, 2020	Deed of Trust, Mortgage LAKEVIEW BK
Apr 15, 2020	Deed of Trust, Mortgage LAKEVIEW BK
Apr 15, 2020	Deed of Trust, Mortgage LAKEVIEW BK
Dec 18, 2019	Deed of Trust, Mortgage HOUSING & REDEV AUTHORITY/THE
Jan 15, 2020	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 15, 2020 · Amount on File
Deed Sale	Jan 15, 2020 · Amount on File
Prior Sale	May 12, 2016 · Amount on File
Deed Document Number	2020723161
Record Updated	Sep 20, 2026

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000728800
Instrument Date	Jul 30, 2020
Transaction Type	Mortgage
Record Updated	Sep 11, 2020
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	310 CENTRAL AVE N FARIBAULT MN 550215215, FARIBAULT, MN 55021-5215

Mortgage

Document Number	0000728800
Date	Aug 3, 2020
Instrument	728800

Lender

Name	SOUTHEASTERN MINNESOTA 504 DEV
Address	851 30TH AVE SE, ROCHESTER, MN 55904-4915

Agreement

Amount	Amount on Record
Term	300 Months
Due	Aug 2, 2045

July 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000728806
Instrument Date	Jul 30, 2020
Transaction Type	Mortgage
Record Updated	Sep 9, 2020
Title Company	ATTORNEY ONLY

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	306 CENTRAL AVE N FARIBAULT MN 550215215, FARIBAULT, MN 55021-5215

Mortgage

Document Number	0000728806
Date	Aug 3, 2020
Instrument	728806

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Amount	Amount on Record
Term	120 Months
Due	Aug 2, 2030

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000725445
Instrument Date	Apr 15, 2020
Transaction Type	Mortgage
Record Updated	Jun 26, 2020
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6422 150TH ST SE PRIOR LAKE MN 553722105, PRIOR LAKE, MN 55372-2105

Mortgage

Document Number	0000725445
Date	Apr 20, 2020
Instrument	725445

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

April 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000725487
Instrument Date	Apr 15, 2020
Transaction Type	Mortgage
Record Updated	Jun 26, 2020
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6422 150TH ST SE PRIOR LAKE MN 553722105, PRIOR LAKE, MN 55372-2105

Mortgage

Document Number	0000725487
Date	Apr 21, 2020
Instrument	725487

Lender

Name	LAKEVIEW BK
Type	Bank
Address	LAKEVILLE, MN 55044

Agreement

Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000722385
Instrument Date	Dec 18, 2019
Transaction Type	Mortgage
Record Updated	Jan 7, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	306 CENTRAL AVE N FARIBAULT MN 550215215, FARIBAULT, MN 55021-5215

Mortgage

Document Number	0000722385
Date	Dec 19, 2019
Instrument	722385

Lender

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

Agreement

Amount	Amount on Record

January 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Jan 15, 2020
Property Address	306 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000723161
Instrument Date	Dec 9, 2019
Instrument	723161
Transaction Type	Transfer
Record Updated	Feb 3, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$89.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6422 150TH ST SE #M PRIOR LAKE MN 553722105, M, PRIOR LAKE, MN 55372-2105

Tax Assessment & Valuation

The 2026 property tax bill for 306 Central Ave N was $3,498.

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	$3,498.00	$182,100 (+2.71%) Land $35,600 Building $146,500	$182,100 (+2.71%) Land $35,600 Building $146,500
2025		$177,300 (+15.06%) Land $35,600 Building $141,700	$177,300 (+15.06%) Land $35,600 Building $141,700
2024	$2,672.00 (+219.62%)	$154,100 (-) Land $27,000 Building $127,100	$154,100 (-) Land $27,000 Building $127,100
2023	$836.00	$154,100 Land $27,000 Building $127,100	$154,100 Land $27,000 Building $127,100

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

Flood

FEMA maps place 306 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 306 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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