3103 227th St E, Faribault, MN 55021 Property Records

Rice County property record for 3103 227th St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property TypeCommercial > Retail > Nursery, Greenhouse, Florist (Retail, Wholesale)
Year BuiltBuilt 2015
Square Footage5,250 sqft Gross Area
Lot Size435,600 sqft (10 acres)
Last Sale$900,000 (2021)
Tax Bill$2,418.00 (2026)

Property Details

APN / Parcel Number

Primary APN15.09.3.50.003

Interior

Building Area5,250 sqft Gross Area
Stories1 Stories

Exterior

Year BuiltBuilt 2015
Effective Year BuiltEffective 2015
Lot Area435,600 sqft (10 acres)

Location & Zoning

Street Address3103 227TH ST E
CityFARIBAULT
StateMN
Zip55021-8137
Property UsageCommercial Property Usage
TypeCommercial > Retail > Nursery, Greenhouse, Florist (Retail, Wholesale)
Legal DescriptionPART S2 SE4 SEC8 & PART S2 SW4 SEC9 BEG NW COR S2 SW4 TH S89D15'27"E 707.05FT TAP IN A LI 707FT ELY FR & P/W W LI S2 SW4 TH
Legal Range020
Legal Township109
Legal Section08
JurisdictionRICE MN
Minor Civil DivisionWALCOTT
Census Blockgroup4
Census Block4022
Census Tract70400

Owner

Source: Rice County records · APN 15.09.3.50.003

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 RecordCompany Name on File
Mailing Address9591 FOXFORD RD, CHANHASSEN, MN 55317-8682
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 06, 2021Warranty Deed, Transfer
1ST UNITED BANK
Oct 05, 2021Quit Claim Deed, Transfer
Quitclaim Document
May 07, 2020Loan Modification, Mortgage
FIRST UNITED BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 06, 2021 · Amount on Record
Deed SaleOct 06, 2021 · Amount on Record
Deed Doc Number2021744621
Record RefreshedSep 20, 2026

October 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionRICE MN
Recording DateOct 06, 2021
Property Address3103 227TH ST E, FARIBAULT, MN 55021
Document Number000A744621
Instrument DateOct 01, 2021
InstrumentA744621
Transaction TypeTransfer
Record UpdatedJul 08, 2022
Title CompanyFSA TITLE SERVICES

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$2,970.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A744622
DateOct 06, 2021
InstrumentA744622
Lender
Name1ST UNITED BANK
TypeBank
AddressFARIBAULT, MN 55021
Agreement
AmountAmount Recorded
Term120 Months
DueOct 01, 2031

October 2021: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionRICE MN
Recording DateOct 05, 2021
Property Address3103 227TH ST E, FARIBAULT, MN 55021
Document Number000A744579
Instrument DateSep 29, 2021
InstrumentA744579
Transaction TypeTransfer
Record UpdatedJul 08, 2022

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Quitclaim Document
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3135 227TH ST E, FARIBAULT, MN 55021-8137

May 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRICE MN
Property Address3103 227TH ST E, FARIBAULT, MN 55021
Document Number0000726653
Instrument DateMay 07, 2020
Transaction TypeMortgage
Record UpdatedJun 30, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address3135 227TH # FARIBAULT MN 55021, FARIBAULT, MN 55021

Mortgage

Document Number0000726653
DateJun 01, 2020
Instrument726653
Lender
NameFIRST UNITED BK
TypeBank
AddressFARIBAULT, MN 55021
Agreement
AmountAmount Recorded
Term60 Months
DueMay 31, 2025

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$2,418.00 (+8.92%)$459,400 (+1.66%) Land $176,500 Building $282,900$459,400 (+1.66%) Land $176,500 Building $282,900
2025$451,900 (+4.7%) Land $165,000 Building $286,900$451,900 (+4.7%) Land $165,000 Building $286,900
2024$2,220.00 (+73.71%)$431,600 (-) Land $147,500 Building $284,100$431,600 (-) Land $147,500 Building $284,100
2023$1,278.00$431,600 Land $147,500 Building $284,100$431,600 Land $147,500 Building $284,100

Flood & Wildfire

3103 227th St E is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Rice County (27131C), updated April 14, 2022

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on 227th St E

Nearby Streets

Search Property Records by Address or Parcel Number