3503 245th St E, Faribault, MN 55021 Property Records

Rice County property record for 3503 245th St E, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	1 bd · 1 ba · 934 sqft · built 1863
Lot Size	10 acres (435,600 sqft)
Owner	2 Individual Names on Record
Tax Bill	$2,214 (2026)
Deeds & Mortgages	Aug 2019 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`15.21.4.25.002`

Property Details

APN / Parcel Number

Primary APN	`15.21.4.25.002`

Interior

Bedrooms	1 Bed
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	1 Story
Building Area	934 sqft Living Area
1st Floor Area	288 sqft
Attic	Attic
Attic Area	158 sqft
Basement Area	144 sqft
Unfinished Basement	144 sqft
Flooring	Hardwood
Interior Walls	Plaster

Exterior

Year Built	Built 1863
Effective Year Built	Effective 1863
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	435,600 sqft (10 acres)
Garage Type	Detached
Garage Area	576 sqft
Driveway	Gravel Driveway
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	124 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Hot Water

Location & Zoning

Street Address	3503 245TH ST E
City	FARIBAULT
State	MN
Zip	55021-8222
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	NW4 NW4 SE4
Legal Range	020
Legal Township	109
Legal Section	21
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4040
Census Tract	70400

Owner

Source: Rice County records, as of July 20, 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 Record
Mailing Address	3503 245TH ST E, FARIBAULT, MN 55021-8222
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Sep 20, 2026

August 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	RICE MN
Property Address	3503 245TH ST E, FARIBAULT, MN 55021-8222
Document Number	0000718941
Instrument Date	Aug 23, 2019
Transaction Type	Mortgage
Record Updated	Sep 5, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	3503 245TH ST E FARIBAULT MN 550218222, FARIBAULT, MN 55021-8222

Mortgage

Document Number	0000718941
Date	Aug 26, 2019
Instrument	718941

Lender

Name	RELIANCE BK
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Aug 25, 2022

Tax Assessment & Valuation

Source: Rice County assessment roll, as of June 8, 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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,214.00 (+8.11%)	$307,000 (+4.32%) Land $176,500 Building $130,500	$307,000 (+4.32%) Land $176,500 Building $130,500
2025		$294,300 (+15.19%) Land $165,000 Building $129,300	$294,300 (+15.19%) Land $165,000 Building $129,300
2024	$2,048.00 (+23.82%)	$255,500 (-) Land $147,500 Building $108,000	$255,500 (-) Land $147,500 Building $108,000
2023	$1,654.00	$255,500 Land $147,500 Building $108,000	$255,500 Land $147,500 Building $108,000

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

Flood

Source: FEMA National Flood Hazard Layer, effective April 14, 2022

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 93% of the US · lower than 78% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 3 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
CenturyLink DSL	10 / 1

May also be available: AT&T, Metronet.

Cell Coverage

5G (outdoors only) and 4G LTE

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