Rice County property record for 35 State Ave, Faribault, MN 55021 · Last verified June 2026
| Property Type | Commercial > Office > Medical Building |
|---|---|
| Year Built | Built 2008 |
| Square Footage | 14,000 sqft Gross Area |
| Lot Size | 37,000 sqft (0.849 acres) |
| Last Sale | $7,128,900 (2014) |
| Tax Bill | $54,008.00 (2026) |
| Primary APN | 18.32.3.03.052 |
|---|
| Units | 2 Units |
|---|---|
| Building Area | 14,000 sqft Gross Area |
| Stories | 1 Stories |
| Year Built | Built 2008 |
|---|---|
| Effective Year Built | Effective 2008 |
| Lot Area | 37,000 sqft (0.849 acres) |
| Street Address | 35 STATE AVE |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-6368 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Office > Medical Building |
| Legal Description | LOT 1 BLOCK 6 OF AUD PLAT #1 SW4 32-110-20 LOTS 1 THRU 17 & S10FT L18 & W5FT L32 & L23 EX E141.22FT B6 AUDITORS PLAT #1 SW4 |
| Legal Subdivision | AUD PLAT #1 SW4 32-110-20 |
| Legal Block | 6 |
| Legal Lot Number | 1-17 |
| Jurisdiction | RICE MN |
| Minor Civil Division | FARIBAULT |
| Census Blockgroup | 1 |
| Census Block | 1016 |
| Census Tract | 70701 |
Source: Rice County records · APN 18.32.3.03.052
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 | Company Name on File |
|---|---|
| Mailing Address | 2925 CHICAGO AVE, MINNEAPOLIS, MN 55407-1321 |
| Owner Type | Owner is a Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 31, 2014 · Amount on Record |
| Deed Sale | Dec 31, 2014 · Amount on Record |
| Deed Doc Number | 2014303846 |
| Record Refreshed | Sep 20, 2026 |
Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| Municipality | Faribault City |
| Unified School District | Faribault Public School District (PK - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $54,008.00 (+10.64%) | $2,124,200 (+8.71%) Land $225,200 Building $1,899,000 | $2,124,200 (+8.71%) Land $225,200 Building $1,899,000 |
| 2025 | $1,954,000 (+6.21%) Land $217,700 Building $1,736,300 | $1,954,000 (+6.21%) Land $217,700 Building $1,736,300 | |
| 2024 | $48,812.00 | $1,839,700 (-) Land $202,000 Building $1,637,700 | $1,839,700 (-) Land $202,000 Building $1,637,700 |
| 2023 | $1,839,700 Land $202,000 Building $1,637,700 | $1,839,700 Land $202,000 Building $1,637,700 |
35 State Ave is in FEMA Zone X, outside the Special Flood Hazard Area, with indirect wildfire exposure (Low risk).
Source: FEMA National Flood Hazard Layer · Rice County (27131C), updated April 14, 2022
| FEMA Flood Zone | Zone X minimal flood hazard · outside the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Low 20th percentile of exposed land nationally · 39th in Minnesota |
|---|---|
| Wildfire Likelihood | Low — about 1 in 10,000 per year |
| Exposure | Indirect within ember reach of burnable land · adjoins burnable vegetation |
Values are read at the parcel center point; lenders make the official flood determination.
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