Rice County property record for 402 Heritage Pl, Faribault, MN 55021
| Property Type | Commercial Office |
|---|---|
| Details | 4,384 sqft · built 1987 |
| Lot Size | 0.323 acres (14,063 sqft) |
| Owner | Company Name on Record |
| Last Sale | $745,000 (Jan 2025) |
| Tax Bill | $360 (2026) |
| Deeds & Mortgages | Apr 2018 Loan Modification |
| Flood Zone | Zone X (minimal risk) |
| APN | 18.31.1.01.005 |
| Primary APN | 18.31.1.01.005 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 4,384 sqft Gross Area |
| Year Built | Built 1987 |
|---|---|
| Effective Year Built | Effective 1987 |
| Lot Area | 14,063 sqft (0.323 acres) |
| Street Address | 402 HERITAGE PL |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-5248 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Legal Description | LOT 1 BLOCK 4 OF HERITAGE PARK PART L1 B4 HERITAGE PARK BEG SW COR B4 TH N0D02'25"E 112.46FT TH N89D59'10"E 125FT TAP IN E LI |
| Legal Subdivision | HERITAGE PARK |
| Legal Block | 4 |
| Legal Lot Number | 1 |
| Jurisdiction | RICE MN |
| Township / Civil Division | FARIBAULT |
| Census Block Group | 3 |
| Census Block | 3002 |
| Census Tract | 70702 |
Source: Rice County records, as of June 8, 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 Record |
|---|---|
| Mailing Address | 109 HOMESTEAD RD, MANKATO, MN 56001-5735 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jan 31, 2025 · Amount on Record |
| Deed Sale | Jan 31, 2025 · Amount on Record |
| Prior Sale | Aug 18, 1998 · Amount on Record |
| Deed Document Number | 2025773105 |
| Last Transfer Date | Apr 22, 2025 |
| Transfer Doc | 000A774854 |
| Record Updated | Sep 20, 2026 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 402 HERITAGE PL, FARIBAULT, MN 55021-5248 |
| Document Number | 0000706341 |
| Instrument Date | Apr 11, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Jun 14, 2018 |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 402 HERITAGE PL FARIBAULT MN 550215248, FARIBAULT, MN 55021-5248 |
| Document Number | 0000706341 |
|---|---|
| Date | Apr 18, 2018 |
| Instrument | 706341 |
| Name | 1ST UNITED BK NA |
|---|---|
| Address | FARIBAULT, MN 55021 |
| Term | 60 Months |
|---|---|
| Due | Apr 17, 2023 |
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 | $360.00 (-97.05%) | $555,800 (+3.77%) Land $123,100 Building $432,700 | $555,800 (+3.77%) Land $123,100 Building $432,700 |
| 2025 | $535,600 (+7.7%) Land $123,100 Building $412,500 | $535,600 (+7.7%) Land $123,100 Building $412,500 | |
| 2024 | $12,194.00 (-12.36%) | $497,300 (-) Land $112,500 Building $384,800 | $497,300 (-) Land $112,500 Building $384,800 |
| 2023 | $13,914.00 | $497,300 Land $112,500 Building $384,800 | $497,300 Land $112,500 Building $384,800 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective April 14, 2022
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, 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.
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 | Under 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.
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.
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