318 3rd St SW, Faribault, MN 55021 Property Records

Rice County property record for 318 3rd St SW, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 1,528 sqft · built 1935
Lot Size	0.167 acres (7,260 sqft)
Owner	Individual Name on File
Last Sale	$225,000 (Aug 2021)
Tax Bill	$2,268 (2026)
Deeds & Mortgages	Mar 2026 Mortgage Jan 2024 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.3.01.056`

Property Details

APN / Parcel Number

Primary APN	`18.31.3.01.056`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Half Baths	2 Half Baths
Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	1,528 sqft Living Area
1st Floor Area	624 sqft
Basement Area	624 sqft
Unfinished Basement	624 sqft
Flooring	Hardwood
Interior Walls	Plaster

Exterior

Year Built	Built 1935
Effective Year Built	Effective 1935
Architectural Style	A-Frame
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	Stone
Roof Type	Gable
Roof Material	Asphalt
Lot Area	7,260 sqft (0.167 acres)
Lot Dimensions	132 ft deep x 45 ft wide
Garage Type	Attached
Garage Area	280 sqft
Driveway	Concrete Driveway
Parking Spaces	1 Parking Space
Porch	Porch
Porch Area	77 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	318 3RD ST SW
City	FARIBAULT
State	MN
Zip	55021-6036
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 10 BLOCK 3 OF DANIEL FARIBAULTS DAN FBLT E45FT L9 & E65FT L10 B3
Legal Subdivision	DANIEL FARIBAULTS
Legal Block	3
Legal Lot Number	10
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	3
Census Block	3003
Census Tract	70802

Owner

318 3rd St SW is owned and occupied by an individual who bought it in August 2021.

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

Owner of Record	Individual Name on File
Mailing Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
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
Mar 10, 2026	Deed of Trust, Mortgage · Partial Claim Mortgage PLANET HOME LENDING LLC
Jan 3, 2024	Deed of Trust, Mortgage · FHA Mortgage PLANET HOME LENDING LLC
Aug 12, 2021	Warranty Deed, Transfer · FHA Mortgage LEND SMART MORTGAGE LLC
Nov 16, 2020	Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV
Oct 9, 2018	Warranty Deed, Transfer · Line of Credit WINTRUST MTG

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 12, 2021 · Amount on File
Deed Sale	Aug 12, 2021 · Amount on File
Prior Sale	Oct 9, 2018 · Amount on File
Deed Document Number	2021742523
Prior Transfer Date	Dec 13, 2016
Prior Transfer Doc	000A693601
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
Transaction Type	Mortgage
Record Updated	Apr 1, 2026
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NC, FIRST AMERICAN TITLE INS CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 3RD ST SW, FARIBAULT, MN 55021-6036

Mortgage

Document Number	000A782295
Date	Mar 10, 2026
Instrument	A782295

Lender

Name	PLANET HOME LENDING LLC
Type	Mortgage Company
Address	MERIDEN, CT 06450

Agreement

Type	Partial Claim Mortgage
Amount	Amount on Record
Term	305 Months
Due	Aug 1, 2051

January 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
Transaction Type	Mortgage
Record Updated	Jan 17, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 3RD ST SW, FARIBAULT, MN 55021-6036

Mortgage

Document Number	000A764823
Date	Jan 3, 2024
Instrument	A764823

Lender

Name	PLANET HOME LENDING LLC
Type	Mortgage Company
Address	MERIDEN, CT 06450

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	331 Months
Due	Aug 1, 2051

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Aug 12, 2021
Property Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
Document Number	000A742523
Instrument Date	Jul 16, 2021
Instrument	A742523
Transaction Type	Transfer
Record Updated	Aug 25, 2021
Title Company	NORTH AMERICAN TITLE COMPANY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$742.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 3RD ST SW, FARIBAULT, MN 55021-6036

Mortgage

Document Number	000A742524
Date	Aug 12, 2021
Instrument	A742524

Lender

Name	LEND SMART MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Aug 1, 2051

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
Document Number	0000733183
Instrument Date	Nov 16, 2020
Transaction Type	Mortgage
Record Updated	Dec 9, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 3RD ST SW FARIBAULT MN 550216036, FARIBAULT, MN 55021-6036

Mortgage

Document Number	0000733183
Date	Dec 1, 2020
Instrument	733183

Lender

Name	HUD-HOUSING/URBAN DEV
Address	451 7TH ST SW, WASHINGTON, DC 20410-0001

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	336 Months
Due	Nov 30, 2048

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Oct 9, 2018
Property Address	318 3RD ST SW, FARIBAULT, MN 55021-6036
Document Number	0000710940
Instrument Date	Aug 6, 2018
Instrument	710940
Transaction Type	Transfer
Record Updated	Sep 29, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$568.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	318 3RD ST SW FARIBAULT MN 550216036, FARIBAULT, MN 55021-6036

Mortgage

Document Number	710942
Date	Oct 9, 2018
Instrument	710942

Lender

Name	WINTRUST MTG
Type	Mortgage Company
Address	ROSEMONT, IL 60018

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Oct 8, 2028

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	710941,
Date	Oct 9, 2018
Instrument	710941

Lender

Name	WINTRUST MTG
Type	Mortgage Company
Address	ROSEMONT, IL 60018

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Oct 8, 2048

Tax Assessment & Valuation

The 2026 property tax bill for 318 3rd St SW was $2,268.

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	$2,268.00	$217,200 (+5.18%) Land $45,900 Building $171,300	$217,200 (+5.18%) Land $45,900 Building $171,300
2025		$206,500 (-2.09%) Land $40,900 Building $165,600	$206,500 (-2.09%) Land $40,900 Building $165,600
2024	$2,316.00 (+16.38%)	$210,900 (-) Land $38,400 Building $172,500	$210,900 (-) Land $38,400 Building $172,500
2023	$1,990.00	$210,900 Land $38,400 Building $172,500	$210,900 Land $38,400 Building $172,500

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

Flood

FEMA maps place 318 3rd St SW 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 318 3rd St SW 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 445 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
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Verizon.

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