Rice County property record for 4020 240th St E, Faribault, MN 55021 · Last verified June 2026
| Property Type | Commercial > Office > Commercial Office |
|---|---|
| Year Built | Built 1885 |
| Square Footage | 720 sqft Gross Area |
| Lot Size | 23,087 sqft (0.53 acres) |
| Primary APN | 15.15.3.50.002 |
|---|
| Building Area | 720 sqft Gross Area |
|---|---|
| Stories | 1 Stories |
| Year Built | Built 1885 |
|---|---|
| Effective Year Built | Effective 1885 |
| Lot Area | 23,087 sqft (0.53 acres) |
| Street Address | 4020 240TH ST E |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-8150 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Office > Commercial Office |
| Legal Description | TOWN HALL PART SW4 SW4 BEG SW COR SW4 E198FT N115FT W198FT S115FT TO POB |
| Legal Range | 020 |
| Legal Township | 109 |
| Legal Section | 15 |
| Jurisdiction | RICE MN |
| Minor Civil Division | WALCOTT |
| Census Blockgroup | 4 |
| Census Block | 4033 |
| Census Tract | 70400 |
Source: Rice County records · APN 15.15.3.50.002
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 | Company Name on File |
|---|---|
| Mailing Address | 4311 240TH ST E, FARIBAULT, MN 55021-8151 |
| Owner Type | Owner is a Company |
| Vesting | Government |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Refreshed | Sep 20, 2026 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | RICE MN |
| Recording Date | Dec 18, 2018 |
| Property Address | 4020 240TH ST E, FARIBAULT, MN 55021-8150 |
| Document Number | 0000712863 |
| Instrument Date | Dec 14, 2018 |
| Instrument | 712863 |
| Transaction Type | Transfer |
| Record Updated | Jan 04, 2019 |
| Title Company | ATTORNEY ONLY |
| Amount | Amount Recorded |
|---|---|
| Tax | $1.65 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenant/Joint Tenant w/ Right Of Survivorship |
| Address | 4311 240TH ST E FARIBAULT MN 550218151, FARIBAULT, MN 55021-8151 |
Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| County Subdivision | Walcott Township |
| Unified School District | Faribault Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Assessed Value | Assessed Market Value |
|---|---|---|
| 2026 | $113,000 (+12.89%) Land $77,800 Building $35,200 | $113,000 (+12.89%) Land $77,800 Building $35,200 |
| 2024 | $100,100 Land $62,300 Building $37,800 | $100,100 Land $62,300 Building $37,800 |
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
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 5% of the US · above 16% of Minnesota |
|---|---|
| Wildfire Likelihood | About 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
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