3325 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 3325 240th St E, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	4 bd · 3.5 ba · 1,524 sqft · built 2005
Lot Size	7.7 acres (335,412 sqft)
Owner	2 Individual Names on File
Last Sale	$300,000 (Oct 2016)
Tax Bill	$4,260 (2026)
Deeds & Mortgages	May 2026 Mortgage Oct 2022 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15.16.3.50.005`

Property Details

APN / Parcel Number

Primary APN	`15.16.3.50.005`

Interior

Bedrooms	4 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	10 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,524 sqft Living Area
1st Floor Area	1,524 sqft
Basement Area	1,524 sqft
Finished Basement	914 sqft
Unfinished Basement	610 sqft
Flooring	Hardwood
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2005
Effective Year Built	Effective 2005
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	335,412 sqft (7.7 acres)
Garage Type	Attached
Garage Area	773 sqft
Driveway	Asphalt Driveway
Parking Spaces	3 Parking Spaces

Exterior Amenities

Porch	Slab
Porch Area	323 sqft
Deck Area	208 sqft
Patio Area	208 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	3325 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8147
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PART SW4 SW4 COMG SW COR SW4 SW4 TH N43D19'33"E 1234.17FT TAP C/L CSAH 19 & POB TH S17D03'57"E 179.07FT TH SELY ALG C/L ON
Legal Range	020
Legal Township	109
Legal Section	16
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4040
Census Tract	70400

Owner

Source: Rice County records · APN 15.16.3.50.005

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	3325 240TH ST E, FARIBAULT, MN 55021-8147
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 01, 2026	Deed of Trust, Mortgage · Conventional Mortgage AFFINITY PLUS FEDERAL CREDIT UNION
Oct 10, 2022	Deed of Trust, Mortgage · Line of Credit FEDERATED EMPLOYEES CU
Nov 09, 2020	Deed of Trust, Mortgage · Conventional Mortgage QUICKEN LNS

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Oct 07, 2016 · Amount on Record
Deed Sale	Oct 07, 2016 · Amount on Record
Deed Document Number	2016691775
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Recording Date	May 01, 2026
Property Address	3325 240TH ST E, FARIBAULT, MN 55021-8147
Document Number	0000783510
Instrument Date	Apr 24, 2026
Instrument	2026783510
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0000783510,
Date	May 01, 2026
Instrument	2026783510

Lender

Name	AFFINITY PLUS FEDERAL CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Apr 20, 2041

Interest

Rate Type	Fixed Rate
Rate	5.75%
Initial Type	Fixed Rate
Max Rate	-1%

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	3325 240TH ST E, FARIBAULT, MN 55021-8147
Transaction Type	Mortgage
Record Updated	Oct 19, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000A755417
Date	Oct 10, 2022
Instrument	A755417

Lender

Name	FEDERATED EMPLOYEES CU
Type	Credit Union
Address	OWATONNA, MN 55060

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Sep 30, 2032

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	3325 240TH ST E, FARIBAULT, MN 55021-8147
Document Number	0000735595
Instrument Date	Nov 09, 2020
Transaction Type	Mortgage
Record Updated	Feb 09, 2021
Title Company	TITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SVCS

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	3325 240TH ST E FARIBAULT MN 550218147, FARIBAULT, MN 55021-8147

Mortgage

Document Number	0000735595
Date	Jan 29, 2021
Instrument	735595

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Jan 28, 2041

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	$4,260.00 (+4.93%)	$522,100 (-2.58%) Land $142,500 Building $379,600	$522,100 (-2.58%) Land $142,500 Building $379,600
2025		$535,900 (+9.23%) Land $149,000 Building $386,900	$535,900 (+9.23%) Land $149,000 Building $386,900
2024	$4,060.00 (+13.34%)	$490,600 (-) Land $132,500 Building $358,100	$490,600 (-) Land $132,500 Building $358,100
2023	$3,582.00	$490,600 Land $132,500 Building $358,100	$490,600 Land $132,500 Building $358,100

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of April 14, 2022 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 100 ft
Flood Insurance Requirement	Not required lenders may require it

Wildfire

Wildfire Risk	Low lower than 95% of the US · lower than 84% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
Metronet Holdings Fiber	5,120 / 5,120
LTD Broadband Fixed Wireless	150 / 130
Midcontinent Communications Fixed Wireless	100 / 20

Based on FCC filings for 4 locations within half a mile of this property.

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