3388 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 3388 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,024 sqft · built 1923
Lot Size	4 acres (174,240 sqft)
Owner	2 Individual Names on File
Last Sale	$170,000 (Aug 1999)
Tax Bill	$1,918 (2026)
Flood Zone	Zone X (minimal risk)
APN	`15.16.3.75.003`

Property Details

APN / Parcel Number

Primary APN	`15.16.3.75.003`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	1 Story
Building Area	2,024 sqft Living Area
1st Floor Area	880 sqft
Basement Area	880 sqft
Finished Basement	380 sqft
Unfinished Basement	880 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1923
Effective Year Built	Effective 1923
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	174,240 sqft (4 acres)
Garage Type	Mixed
Garage Area	2,056 sqft
Driveway	Concrete Driveway
Parking Spaces	7 Parking Spaces
Deck Area	160 sqft
Patio Area	1,136 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	3388 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8146
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	3388 E 240TH ST PART L15 & 16 IN SW4 MTG263 P511 DAF BEG ON S LI LOT 16 460FT W OF SE COR THEREOF; TH W ON S LI L16 AND S LI
Legal Range	020
Legal Township	109
Legal Section	16
Legal Lot Number	16
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4031
Census Tract	70400

Owner

Source: Rice County records · APN 15.16.3.75.003

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	3388 240TH ST E, FARIBAULT, MN 55021-8146
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Aug 18, 1999 · Amount on Record
Deed Sale	Aug 18, 1999 · Amount on Record
Deed Document Number	199934407
Record Updated	Sep 20, 2026

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	$1,918.00 (+20.78%)	$403,800 (+3.49%) Land $125,500 Building $278,300	$403,800 (+3.49%) Land $125,500 Building $278,300
2025		$390,200 (+15.14%) Land $117,000 Building $273,200	$390,200 (+15.14%) Land $117,000 Building $273,200
2024	$1,588.00 (+3.12%)	$338,900 (-) Land $102,500 Building $236,400	$338,900 (-) Land $102,500 Building $236,400
2023	$1,540.00	$338,900 Land $102,500 Building $236,400	$338,900 Land $102,500 Building $236,400

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 X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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