4060 Wells Lake Ct, Faribault, MN 55021 Property Records

Rice County property record for 4060 Wells Lake Ct, Faribault, MN 55021

Property Summary

Property TypeSingle Family Home
Details5 bd · 5.5 ba · 2,303 sqft · built 1998
Lot Size0.728 acres (31,696 sqft)
OwnerCompany Name on Record
Last Sale$700,000 (Oct 2022)
Tax Bill$5,968 (2026)
Deeds & MortgagesJan 2022 Line of Credit
Dec 2022 Line of Credit
+ 4 more
Flood ZoneZone X (minimal risk)
APN10.34.2.26.011

Property Details

APN / Parcel Number

Primary APN10.34.2.26.011

Interior

Bedrooms5 Beds
Full Baths5.5 Baths
Half Baths3 Half Baths
Plumbing Fixtures15 Plumbing Fixtures
Total Rooms10 Rooms
Stories1 Story
Building Area2,303 sqft Living Area
1st Floor Area2,293 sqft
Basement Area2,293 sqft
Finished Basement1,360 sqft
Unfinished Basement2,293 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1998
Effective Year BuiltEffective 1998
Architectural StyleA-Frame
Exterior MaterialMetal
Construction TypeFrame
Roof TypeHip
Roof MaterialAsphalt
Lot Area31,696 sqft (0.728 acres)
Lot Dimensions293 ft deep x 105 ft wide
Garage TypeAttached
Garage Area831 sqft
DrivewayConcrete Driveway
Parking Spaces3 Parking Spaces

Exterior Amenities

PorchSlab
Porch Area38 sqft
Deck Area446 sqft
Patio Area192 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address4060 WELLS LAKE CT
CityFARIBAULT
StateMN
Zip55021-7866
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 19 BLOCK 3 OF DELS VIEW
Legal SubdivisionDELS VIEW
Legal Block3
Legal Lot Number19
JurisdictionRICE MN
Township / Civil DivisionWELLS
Census Block Group1
Census Block1024
Census Tract70300

Owner

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 RecordCompany Name on Record
Mailing Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

DateDocument
Jan 5, 2022Deed of Trust, Mortgage · Line of Credit
BMO HARRIS BANK NA
Dec 27, 2022Deed of Trust, Mortgage · Line of Credit
THE STATE BANK OF FARIBAULT
Oct 30, 2023Intrafamily Transfer, Transfer
Oct 27, 2022Warranty Deed, Transfer · Conventional Mortgage
THE STATE BANK OF FARIBAULT
Jun 19, 2018Deed of Trust, Mortgage · Conventional Mortgage
PATRICIA M PURDIE IRRE TR (IT)
Apr 6, 2016Deed of Trust, Mortgage · Line of Credit
BMO HARRIS BK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 27, 2022 · Amount on Record
Deed SaleOct 27, 2022 · Amount on Record
Prior SaleJul 24, 2001 · Amount on Record
Deed Document Number2022755880
Last Transfer DateOct 27, 2023
Transfer Doc000A763501
Record UpdatedSep 20, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Transaction TypeMortgage
Record UpdatedJun 30, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address123 BLUEBIRD RD, TAVERNIER, FL 33070-2446

Mortgage

Document Number000A747780
DateJan 5, 2022
InstrumentA747780
Lender
NameBMO HARRIS BANK NA
TypeBank
AddressCHICAGO, IL 60690
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueDec 31, 2051
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Transaction TypeMortgage
Record UpdatedJun 30, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A757309
DateDec 27, 2022
InstrumentA757309
Lender
NameTHE STATE BANK OF FARIBAULT
TypeBank
AddressFARIBAULT, MN 55021
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueDec 27, 2032
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

October 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionRICE MN
Recording DateOct 30, 2023
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Document Number000A763501
Instrument DateOct 27, 2023
InstrumentA763501
Transaction TypeTransfer
Record UpdatedJun 30, 2026

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866

October 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionRICE MN
Recording DateOct 27, 2022
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Document Number000A755880
Instrument DateOct 11, 2022
InstrumentA755880
Transaction TypeTransfer
Record UpdatedJun 30, 2026
Title CompanyEDINA REALTY TITLE, EDINA REALTY TITLE INC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,310.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866

Mortgage

Document Number000A755881
DateOct 27, 2022
InstrumentA755881
Lender
NameTHE STATE BANK OF FARIBAULT
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueNov 1, 2052

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Document Number0000708047
Instrument DateJun 19, 2018
Transaction TypeMortgage
Record UpdatedJul 17, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Trust
Address4060 WELLS LAKE CT FARIBAULT MN 550217866, FARIBAULT, MN 55021-7866

Mortgage

Document Number0000708047
DateJun 22, 2018
Instrument708047
Lender
NamePATRICIA M PURDIE IRRE TR (IT)
Agreement
TypeConventional Mortgage
AmountAmount Recorded

April 2016: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address4060 WELLS LAKE CT, FARIBAULT, MN 55021-7866
Document Number0000702770
Instrument DateApr 6, 2016
Transaction TypeMortgage
Record UpdatedNov 27, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address4060 WELLS LAKE CT FARIBAULT MN 550217866, FARIBAULT, MN 55021-7866

Mortgage

Document Number0000702770
DateNov 15, 2017
Instrument702770
Lender
NameBMO HARRIS BK NA
TypeBank
AddressCHICAGO, IL 60690
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueNov 14, 2047
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Rice County assessment roll, as of June 8, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
County SubdivisionWells Township
Unified School DistrictFaribault Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$5,968.00 (+18.74%)$772,300 (+3.39%) Land $137,900 Building $634,400$772,300 (+3.39%) Land $137,900 Building $634,400
2025$747,000 (+14.27%) Land $121,000 Building $626,000$747,000 (+14.27%) Land $121,000 Building $626,000
2024$5,026.00 (+26.34%)$653,700 (-) Land $115,400 Building $538,300$653,700 (-) Land $115,400 Building $538,300
2023$3,978.00$653,700 Land $115,400 Building $538,300$653,700 Land $115,400 Building $538,300

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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims3 (2001–2024)
Most Recent ClaimJun 2024 · Severe Storms And Flooding
Claims by Event
  • Severe Storms And Flooding, Jun 2024 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire RiskLow
lower than 97% of the US · lower than 89% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
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 23 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Verizon
Fixed Wireless
300 / 20
GigFire
Fixed Wireless
150 / 130
Midco
Fixed Wireless
100 / 20

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