3865 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 3865 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 2,138 sqft · built 1960
Lot Size	3.09 acres (134,600 sqft)
Owner	2 Individual Names on File
Last Sale	$510,000 (Sep 2019)
Tax Bill	$5,970 (2026)
Deeds & Mortgages	Jul 2025 Construction Loan Sep 2025 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15.21.1.00.002`

Property Details

APN / Parcel Number

Primary APN	`15.21.1.00.002`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	2,138 sqft Living Area
1st Floor Area	2,890 sqft
Attic	Attic
Attic Area	300 sqft
Basement Area	1,690 sqft
Finished Basement	200 sqft
Unfinished Basement	845 sqft
Flooring	Tile
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1960
Architectural Style	A-Frame
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	134,600 sqft (3.09 acres)
Garage Type	Attached
Driveway	Concrete Driveway

Exterior Amenities

Porch	Slab
Porch Area	116 sqft
Patio Area	446 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	3865 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8149
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PART NE4 BAP N LI NE4 660FT WLY NE COR NE4 TH SLY PERPENDICULAR TO N LI 420FT TH WLY P/W N LI 320FT TH NLY PERPENDICULAR TO N
Legal Range	020
Legal Township	109
Legal Section	21
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4038
Census Tract	70400

Owner

Source: Rice County records · APN 15.21.1.00.002

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	3865 240TH ST E, FARIBAULT, MN 55021-8149
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jul 21, 2025	Deed of Trust, Mortgage · Construction Mortgage THE STATE BANK OF FARIBAULT
Sep 11, 2025	Warranty Deed, Transfer NEAR NORTH TITLE GROUP, NEAR NORTH TITLE GROUP LLC
Sep 30, 2019	Warranty Deed, Transfer · Conventional Mortgage STATE BK/FARIBAULT

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Sep 30, 2019 · Amount on Record
Deed Sale	Sep 30, 2019 · Amount on Record
Prior Sale	Dec 01, 2016 · Amount on Record
Deed Document Number	2019720029
Record Updated	Sep 20, 2026

July 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	3865 240TH ST E, FARIBAULT, MN 55021-8149
Transaction Type	Mortgage
Record Updated	Jan 21, 2026
Title Company	NEAR NORTH TITLE GROUP, NEAR NORTH TITLE GROUP LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3865 240TH ST E, FARIBAULT, MN 55021-8149

Mortgage

Document Number	000A776941
Date	Jul 21, 2025
Instrument	A776941

Lender

Name	THE STATE BANK OF FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Jul 18, 2035

September 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Sep 11, 2025
Property Address	3865 240TH ST E, FARIBAULT, MN 55021-8149
Document Number	000A778194
Instrument Date	Sep 09, 2025
Instrument	A778194
Transaction Type	Transfer
Record Updated	Jan 21, 2026
Title Company	NEAR NORTH TITLE GROUP, NEAR NORTH TITLE GROUP LLC

Transaction

Amount	Amount Recorded
Tax	$594.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3865 240TH ST E, FARIBAULT, MN 55021-8149

September 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Sep 30, 2019
Property Address	3865 240TH ST E, FARIBAULT, MN 55021-8149
Document Number	0000720029
Instrument Date	Sep 30, 2019
Instrument	720029
Transaction Type	Transfer
Record Updated	Oct 08, 2019
Title Company	@TITLE LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$1,683.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	3865 240TH ST E FARIBAULT MN 550218149, FARIBAULT, MN 55021-8149

Mortgage

Document Number	720030
Date	Sep 30, 2019
Instrument	720030

Lender

Name	STATE BK/FARIBAULT
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Sep 29, 2024

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	Faribault Public School District (PK - 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	$5,970.00 (+31.21%)	$764,200 (+1.16%) Land $117,000 Building $647,200	$764,200 (+1.16%) Land $117,000 Building $647,200
2025	$4,550.00 (+6.81%)	$755,400 (+34.22%) Land $109,000 Building $646,400	$755,400 (+34.22%) Land $109,000 Building $646,400
2024	$4,260.00 (+4.05%)	$562,800 (-) Land $95,000 Building $467,800	$562,800 (-) Land $95,000 Building $467,800
2023	$4,094.00	$562,800 Land $95,000 Building $467,800	$562,800 Land $95,000 Building $467,800

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

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 12 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
LTD Broadband	Fixed Wireless (licensed-by-rule)	150 / 130
Midcontinent Communications	Fixed Wireless	100 / 20
Lumen Technologies	DSL	80 / 10

May also be available at this address: Minnesota WiFi, AT&T, Verizon. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G (outdoors only) and 4G LTE

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