3123 Wells Lake Dr, Faribault, MN 55021 Property Records

Rice County property record for 3123 Wells Lake Dr, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,800 sqft · built 2022
Lot Size	1.75 acres (76,441 sqft)
Owner	2 Individual Names on File
Tax Bill	$4,316 (2026)
Deeds & Mortgages	Jun 2023 Mortgage Jul 2022 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`10.34.1.75.002`

Property Details

APN / Parcel Number

Primary APN	`10.34.1.75.002`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,800 sqft Living Area
1st Floor Area	960 sqft
Flooring	Laminate Plank
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	76,441 sqft (1.75 acres)
Lot Dimensions	234 ft deep x 214 ft wide
Garage Type	Attached
Garage Area	960 sqft
Driveway	Gravel Driveway
Porch	Slab
Porch Area	280 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	3123 WELLS LAKE DR
City	FARIBAULT
State	MN
Zip	55021-4500
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PART NE4 COMG SE COR SE4 TH N00D02'03"W 2635.98FT TO SE COR NE4 TH N89D59'14"W 646.14FT TO W LI RIVERMONT ESTATES TH
Legal Range	021
Legal Township	110
Legal Section	34
Legal Subdivision	TO W LI RIVERMONT ESTATES
Jurisdiction	RICE MN
Township / Civil Division	WELLS
Census Block Group	1
Census Block	1060
Census Tract	70300

Owner

3123 Wells Lake Dr is owned and occupied by two individuals.

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

Owner of Record	2 Individual Names on File
Mailing Address	3123 WELLS LAKE DR, FARIBAULT, MN 55021-4500
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.

Deeds, Mortgages & Sale History

Date	Document
Jun 5, 2023	Deed of Trust, Mortgage · Conventional Mortgage RELIANCE BANK
Jul 11, 2022	Deed, Transfer
Jul 11, 2022	Affidavit of Death of Joint Tenant, Transfer

Assessor's Deed Record

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

June 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	3123 WELLS LAKE DR, FARIBAULT, MN 55021-4500
Transaction Type	Mortgage
Record Updated	Jun 23, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3123 WELLS LAKE DR, FARIBAULT, MN 55021-4500

Mortgage

Document Number	000A760473
Date	Jun 5, 2023
Instrument	A760473

Lender

Name	RELIANCE BANK
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jul 1, 2053

July 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	RICE MN
Recording Date	Jul 11, 2022
Property Address	3123 WELLS LAKE DR, FARIBAULT, MN 55021-4500
Document Number	000A753072
Instrument Date	Jun 17, 2022
Instrument	A753072
Transaction Type	Transfer
Record Updated	Aug 4, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	355 4TH ST SE, MEDFORD, MN 55049-9548

July 2022: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	RICE MN
Recording Date	Jul 11, 2022
Property Address	3123 WELLS LAKE DR, FARIBAULT, MN 55021-4500
Document Number	000A753070
Instrument Date	Jun 17, 2022
Instrument	A753070
Transaction Type	Transfer
Record Updated	Aug 4, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	21061 MORRISTOWN BLVD, FARIBAULT, MN 55021-7807

Tax Assessment & Valuation

The 2026 property tax bill for 3123 Wells Lake Dr was $4,316.

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
County Subdivision	Wells Township
Unified School District	Faribault Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,316.00	$605,500 (+7.49%) Land $181,700 Building $423,800	$605,500 (+7.49%) Land $181,700 Building $423,800
2025		$563,300 (+158.51%) Land $166,500 Building $396,800	$563,300 (+158.51%) Land $166,500 Building $396,800
2024	$1,536.00	$217,900 (-) Land $159,000 Building $58,900	$217,900 (-) Land $159,000 Building $58,900
2023		$217,900 Land $159,000 Building $58,900	$217,900 Land $159,000 Building $58,900

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

Flood

FEMA maps place 3123 Wells Lake Dr in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective April 14, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	3 (2001–2024)
Most Recent Claim	Jun 2024 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Jun 2024 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 3123 Wells Lake Dr is low, with less than 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 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 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 4 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	25 / 3
AT&T Fixed Wireless	25 / 3
CenturyLink DSL	10 / 1

Nearby Properties on Wells Lake Dr

Nearby Streets

All Faribault, MN Property Records

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures