3301 245th St E, Faribault, MN 55021 Property Records

Rice County property record for 3301 245th St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	5 Beds
Bathrooms	3 Baths
Year Built	Built 1996
Square Footage	1,592 sqft Living Area
Lot Size	662,112 sqft (15.2 acres)
Garage	Attached, 619 sqft
Occupancy	Owner Occupied
Tax Bill	$2,994.00 (2026)

Owner

Source: Rice County records · APN 15.21.3.00.001

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 Record	2 Individual Names on File
Mailing Address	3301 245TH ST E, FARIBAULT, MN 55021-8354
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Record Refreshed	Sep 20, 2026

January 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	3301 245TH ST E, FARIBAULT, MN 55021-8354
Transaction Type	Mortgage
Record Updated	Feb 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3301 245TH ST E, FARIBAULT, MN 55021-8354

Mortgage

Document Number	000A757966
Date	Jan 26, 2023
Instrument	A757966

Lender

Name	THE STATE BANK OF FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 01, 2053

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
County Subdivision	Walcott Township
Unified School District	Medford Public School District (KG - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,994.00 (+0.88%)	$508,400 (+14.58%) Land $152,600 Building $355,800	$508,400 (+14.58%) Land $152,600 Building $355,800
2025		$443,700 (+8.33%) Land $142,800 Building $300,900	$443,700 (+8.33%) Land $142,800 Building $300,900
2024	$2,968.00 (+5.4%)	$409,600 (-) Land $123,800 Building $285,800	$409,600 (-) Land $123,800 Building $285,800
2023	$2,816.00	$409,600 Land $123,800 Building $285,800	$409,600 Land $123,800 Building $285,800

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Rice County (27131C), updated April 14, 2022 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood Zone	Zone A
Flood Hazard	High
100-Year Floodplain	Yes 1% annual chance
Special Flood Hazard Area	Yes
Flood Insurance Requirement	Required (federally backed mortgages)
Floodway	No
Base Flood Elevation	Not determined for this zone

Wildfire

Wildfire Risk	Low above 7% of the US · above 21% of Minnesota
Wildfire Likelihood	Less than 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

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

Property Details

APN / Parcel Number

Primary APN	`15.21.3.00.001`

Interior

Bedrooms	5 Beds
Full Baths	3 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	10 Rooms
Building Area	1,592 sqft Living Area
1st Floor	1,512 sqft 1st Floor
Basement Area	1,512 sqft Basement
Finished Basement	1,200 sqft Finished
Unfinished Basement	1,458 sqft Unfinished
Stories	1 Stories
Primary Flooring	Vinyl/Resilient Flooring
Interior Structure	Wallboard/Drywall Interior Structure
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Architectural Style	A-Frame Style
Exterior Material	Vinyl Exterior
Construction Type	Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	662,112 sqft (15.2 acres)
Driveway	Driveway Gravel
Parking Spaces	2 Parking Spaces
Garage Type	Attached Garage
Garage Area	619 sqft Garage
Deck Area	192 sqft Deck
Patio Area	479 sqft Patio
Porch Area	48 sqft Porch

Utilities and HVAC

Cooling System	HVAC Cooling
Heating System	HVAC Heating

Location & Zoning

Street Address	3301 245TH ST E
City	FARIBAULT
State	MN
Zip	55021-8354
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	ALL THAT PART N2 SW4 LYG E STRAIGHT RIV EX E50R
Legal Range	020
Legal Township	109
Legal Section	21
Jurisdiction	RICE MN
Minor Civil Division	WALCOTT
Census Blockgroup	4
Census Block	4040
Census Tract	70400