3405 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 3405 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	4 Beds
Bathrooms	2 Baths
Year Built	Built 1955
Square Footage	1,556 sqft Living Area
Lot Size	304,920 sqft (7 acres)
Garage	Mixed, 1,304 sqft
Occupancy	Owner Occupied
Tax Bill	$3,372.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`15.21.2.00.001`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	4 Rooms
Building Area	1,556 sqft Living Area
1st Floor	1,148 sqft 1st Floor
Basement Area	1,556 sqft Basement
Finished Basement	884 sqft Finished
Unfinished Basement	1,556 sqft Unfinished
Stories	1 Stories
Primary Flooring	Tile Flooring
Interior Structure	Wallboard/Drywall Interior Structure

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Architectural Style	A-Frame Style
Exterior Material	Vinyl Exterior
Construction Type	Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	304,920 sqft (7 acres)
Driveway	Driveway Gravel
Parking Spaces	5 Parking Spaces
Garage Type	Mixed Garage
Garage Area	1,304 sqft Garage
Deck Area	288 sqft Deck
Patio Area	210 sqft Patio

Utilities and HVAC

Cooling System	HVAC Cooling
Heating System	HVAC Heating

Location & Zoning

Street Address	3405 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8149
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	PART NE4 NW4 BEG NE COR NE4 NW4 WLY ALG N LI NE4 NW4 (FOR PURPOSES OF THIS DESC BEARING N LI IS ASSUMED N90D00'00"W) 806.34FT
Legal Range	020
Legal Township	109
Legal Section	21
Legal Lot Number	9
Jurisdiction	RICE MN
Minor Civil Division	WALCOTT
Census Blockgroup	4
Census Block	4040
Census Tract	70400

Owner

Source: Rice County records · APN 15.21.2.00.001

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	3405 240TH ST E, FARIBAULT, MN 55021-8149
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
Last Transfer Date	Nov 20, 2018
Transfer Doc	000A712609
Record Refreshed	Sep 20, 2026

December 2018: Quit Claim Deed, Mortgage

Document Type	Quit Claim Deed
Jurisdiction	RICE MN
Recording Date	Dec 10, 2018
Property Address	3405 240TH ST E, FARIBAULT, MN 55021-8149
Document Number	0000712609
Instrument Date	Nov 20, 2018
Instrument	712609
Transaction Type	Mortgage
Record Updated	Dec 24, 2018
Title Company	EDINA REALTY TITLE

Transaction

Amount	Amount Recorded
Tax	$1.65
Additional	Quitclaim Document

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenant/Joint Tenant w/ Right Of Survivorship
Address	3405 240TH ST E FARIBAULT MN 550218149, FARIBAULT, MN 55021-8149

Mortgage

Document Number	712610
Date	Dec 10, 2018
Instrument	712610

Lender

Name	BARRINGTON BK&TR
Type	Bank
Address	ROSEMONT, IL 60018

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Dec 09, 2028

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	$3,372.00 (+5.51%)	$431,500 (-0.58%) Land $142,500 Building $289,000	$431,500 (-0.58%) Land $142,500 Building $289,000
2025		$434,000 (+12.12%) Land $125,000 Building $309,000	$434,000 (+12.12%) Land $125,000 Building $309,000
2024	$3,196.00 (+11.83%)	$387,100 (-) Land $110,000 Building $277,100	$387,100 (-) Land $110,000 Building $277,100
2023	$2,858.00	$387,100 Land $110,000 Building $277,100	$387,100 Land $110,000 Building $277,100

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	Low above 5% of the US · above 18% of Minnesota
Wildfire Likelihood	About 1 in 9,091 per year
Exposure	Direct burnable vegetation at the parcel

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