314 Central Ave N, Faribault, MN 55021 Property Records

Rice County property record for 314 Central Ave N, Faribault, MN 55021

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	3,630 sqft · built 1920
Lot Size	0.075 acres (3,278 sqft)
Owner	Company Name on File
Last Sale	$2,305,000 (Apr 2024)
Tax Bill	$5,512 (2026)
Deeds & Mortgages	May 2024 Sale & Line of Credit Aug 2021 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.1.26.286`

Property Details

APN / Parcel Number

Primary APN	`18.31.1.26.286`

Interior

Stories	2 Stories
Building Area	3,630 sqft Gross Area
Basement Area	1,210 sqft
Unfinished Basement	1,210 sqft

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Lot Area	3,278 sqft (0.075 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	314 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 3 BLOCK 45 OF ORIGINAL TOWN FARIBAULT ORIG TOWN S 1/3 L3 B45
Legal Subdivision	ORIGINAL TOWN FARIBAULT
Legal Block	45
Legal Lot Number	3
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	3
Census Block	3014
Census Tract	70702

Owner

314 Central Ave N, a commercial property, is owned by a company that bought it in April 2024.

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

Owner of Record	Company Name on File
Mailing Address	771 INDIAN TRL S, AFTON, MN 55001-9704
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
May 2, 2024	Warranty Deed, Transfer · Line of Credit LIVE OAK BANKING COMPANY
Aug 16, 2021	Warranty Deed, Transfer · Commercial Mortgage BYLINE BANK
Jan 21, 2019	Loan Modification, Mortgage LAKE CNTRY CMNTY BK
Feb 1, 2017	Loan Modification, Mortgage STATE BK/FARIBAULT

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 30, 2024 · Amount on File
Deed Sale	Apr 30, 2024 · Amount on File
Prior Sale	Aug 16, 2021 · Amount on File
Deed Document Number	20241644134
Record Updated	Sep 20, 2026

May 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	May 2, 2024
Property Address	314 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	000A767111
Map Reference	MB 2 PG 16
Instrument Date	Apr 30, 2024
Instrument	A767111
Transaction Type	Transfer
Record Updated	May 17, 2024
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$7,606.50
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	771 INDIAN TRL S, AFTON, MN 55001-9704

Mortgage

Document Number	000A767112
Date	May 2, 2024
Instrument	A767112

Lender

Name	LIVE OAK BANKING COMPANY
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	300 Months
Due	Apr 30, 2049

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Aug 16, 2021
Property Address	314 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	000A742658
Instrument Date	May 27, 2021
Instrument	A742658
Transaction Type	Transfer
Record Updated	Aug 26, 2021

Transaction

Amount	Amount on Record
Tax	$528.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1225 TOWER AVE STE 228, 228, SUPERIOR, WI 54880-1546

Mortgage

Document Number	000A742659
Date	Aug 16, 2021
Instrument	A742659

Lender

Name	BYLINE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	297 Months
Due	May 28, 2046

January 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	314 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000713687
Instrument Date	Jan 21, 2019
Transaction Type	Mortgage
Record Updated	Feb 7, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	314 CENTRAL AVE N FARIBAULT MN 550215215, FARIBAULT, MN 55021-5215

Mortgage

Document Number	0000713687
Date	Jan 25, 2019
Instrument	713687

Lender

Name	LAKE CNTRY CMNTY BK
Type	Bank
Address	MORRISTOWN, MN 55052

Agreement

Amount	Amount on Record
Term	60 Months
Due	Jan 24, 2024

February 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	314 CENTRAL AVE N, FARIBAULT, MN 55021-5215
Document Number	0000695398
Instrument Date	Feb 1, 2017
Transaction Type	Mortgage
Record Updated	Aug 17, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife

Mortgage

Document Number	0000695398
Date	Feb 23, 2017
Instrument	695398

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Amount	Amount on Record
Term	60 Months
Due	Feb 22, 2022

Interest

Rate Type	Fixed Rate
Rate	5.5%

Tax Assessment & Valuation

The 2026 property tax bill for 314 Central Ave N was $5,512.

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	$5,512.00	$245,200 (+0.41%) Land $49,600 Building $195,600	$245,200 (+0.41%) Land $49,600 Building $195,600
2025		$244,200 (+14.76%) Land $49,600 Building $194,600	$244,200 (+14.76%) Land $49,600 Building $194,600
2024	$4,352.00 (-7.48%)	$212,800 (-) Land $37,800 Building $175,000	$212,800 (-) Land $37,800 Building $175,000
2023	$4,704.00	$212,800 Land $37,800 Building $175,000	$212,800 Land $37,800 Building $175,000

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

Flood

FEMA maps place 314 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 314 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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