Rice County property record for 402 Central Ave N, Faribault, MN 55021
| Property Type | Retail Stores (Personal Services, Photography, Travel) |
|---|---|
| Details | 8,712 sqft · built 1930 |
| Lot Size | 0.101 acres (4,400 sqft) |
| Owner | Company Name on File |
| Last Sale | $450,000 (Oct 2023) |
| Tax Bill | $9,018 (2026) |
| Deeds & Mortgages | Oct 2023 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 18.31.1.26.198 |
| Primary APN | 18.31.1.26.198 |
|---|
| Stories | 2 Stories |
|---|---|
| Building Area | 8,712 sqft Gross Area |
| Year Built | Built 1930 |
|---|---|
| Effective Year Built | Effective 1930 |
| Lot Area | 4,400 sqft (0.101 acres) |
| Street Address | 402 CENTRAL AVE N |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-5217 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Retail Stores (Personal Services, Photography, Travel) |
| Legal Description | LOT 1 BLOCK 34 OF ORIGINAL TOWN FARIBAULT ORIG TOWN E100FT S2/3 L1 B34 |
| Legal Subdivision | ORIGINAL TOWN FARIBAULT |
| Legal Block | 34 |
| Legal Lot Number | 1 |
| Jurisdiction | RICE MN |
| Township / Civil Division | FARIBAULT |
| Census Block Group | 3 |
| Census Block | 3009 |
| Census Tract | 70702 |
402 Central Ave N, a commercial property, is owned by a company that bought it in October 2023.
Source: Rice County records, as of June 8, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 4072 WELLS LAKE WAY, FARIBAULT, MN 55021-2268 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 30, 2023 · Amount on File |
| Deed Sale | Oct 30, 2023 · Amount on File |
| Prior Sale | Jul 16, 1999 · Amount on File |
| Deed Document Number | 2023763504 |
| Record Updated | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | RICE MN |
| Recording Date | Oct 30, 2023 |
| Property Address | 402 CENTRAL AVE N, FARIBAULT, MN 55021-5217 |
| Document Number | 000A763504 |
| Instrument Date | Oct 30, 2023 |
| Instrument | A763504 |
| Transaction Type | Transfer |
| Record Updated | Nov 10, 2023 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,485.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 4072 WELLS LAKE WAY, FARIBAULT, MN 55021-2268 |
| Document Number | 000A763505 |
|---|---|
| Date | Oct 30, 2023 |
| Instrument | A763505 |
| Name | RELIANCE BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Oct 30, 2028 |
The 2026 property tax bill for 402 Central Ave N was $9,018.
Source: Rice County assessment roll, as of June 8, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| Municipality | Faribault City |
| Unified School District | Faribault Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $9,018.00 | $447,500 (+2.38%) Land $64,200 Building $383,300 | $447,500 (+2.38%) Land $64,200 Building $383,300 |
| 2025 | $437,100 (+22.09%) Land $64,200 Building $372,900 | $437,100 (+22.09%) Land $64,200 Building $372,900 | |
| 2024 | $6,740.00 (-4.61%) | $358,000 (-) Land $49,000 Building $309,000 | $358,000 (-) Land $49,000 Building $309,000 |
| 2023 | $7,066.00 | $358,000 Land $49,000 Building $309,000 | $358,000 Land $49,000 Building $309,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 402 Central Ave N in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective April 14, 2022
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 402 Central Ave N is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 60% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Faribault serves 23,718 people · EPA ID MN1660002 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Nov 2025 |
| Lead | 19 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 245 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| GigFire Fixed Wireless | 150 / 130 |
| Midco Fixed Wireless | 100 / 20 |
May also be available: Fidium Fiber.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures