4520 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 4520 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Summary

Property Type	Single Family Home
Details	5 bd · 3.5 ba · 2,532 sqft · built 2002
Lot Size	5 acres (217,800 sqft)
Owner	2 Individual Names on File
Last Sale	$665,000 (Aug 2024)
Tax Bill	$5,792 (2026)
Deeds & Mortgages	Mar 2026 Line of Credit Aug 2023 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`15.15.3.75.001`

Property Details

APN / Parcel Number

Primary APN	`15.15.3.75.001`

Interior

Bedrooms	5 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	12 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	2,532 sqft Living Area
1st Floor Area	2,532 sqft
Basement Area	2,532 sqft
Finished Basement	1,800 sqft
Unfinished Basement	826 sqft
Flooring	Tile
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2002
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	217,800 sqft (5 acres)
Garage Type	Mixed
Garage Area	1,808 sqft
Driveway	Concrete Driveway
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Slab
Porch Area	546 sqft
Deck Area	80 sqft
Patio Area	147 sqft
Canopy	80 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	4520 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8150
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	BEG SE COR SW4 TH WLY ALG S LI 450.8FT TH N338.21FT E450.8FT S338.21FT TO POB ALSO BAP S LI SW4 450.8FT WLY FR SE COR SW4 TH
Legal Range	020
Legal Township	109
Legal Section	15
Jurisdiction	RICE MN
Township / Civil Division	WALCOTT
Census Block Group	4
Census Block	4033
Census Tract	70400

Owner

Source: Rice County records · APN 15.15.3.75.001

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	4520 240TH ST E, FARIBAULT, MN 55021-8150
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 05, 2026	Deed of Trust, Mortgage · Line of Credit THE STATE BANK OF FARIBAULT
Aug 25, 2023	Deed of Trust, Mortgage · Closed-End Mortgage HOMETOWN FCU

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Aug 06, 2024 · Amount on Record
Deed Sale	Aug 06, 2024 · Amount on Record
Deed Document Number	2024769242
Record Updated	Sep 20, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	4520 240TH ST E, FARIBAULT, MN 55021-8150
Transaction Type	Mortgage
Record Updated	Apr 01, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	000A782218
Date	Mar 05, 2026
Instrument	A782218

Lender

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

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Mar 03, 2036

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

August 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	4520 240TH ST E, FARIBAULT, MN 55021-8150
Transaction Type	Mortgage
Record Updated	Sep 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4520 240TH ST E STREET, FARIBAULT, MN 55021

Mortgage

Document Number	000A762237
Date	Aug 25, 2023
Instrument	A762237

Lender

Name	HOMETOWN FCU
Type	Credit Union
Address	OWATONNA, MN 55060

Agreement

Type	Closed-End Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Sep 15, 2038

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	$5,792.00 (+11.26%)	$746,200 (+0.58%) Land $134,000 Building $612,200	$746,200 (+0.58%) Land $134,000 Building $612,200
2025		$741,900 (+10.5%) Land $125,000 Building $616,900	$741,900 (+10.5%) Land $125,000 Building $616,900
2024	$5,206.00 (+8.64%)	$671,400 (-) Land $110,000 Building $561,400	$671,400 (-) Land $110,000 Building $561,400
2023	$4,792.00	$671,400 Land $110,000 Building $561,400	$671,400 Land $110,000 Building $561,400

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	Low above 5% of the US · above 16% of Minnesota
Wildfire Likelihood	About 1 in 9,091 per year
Exposure	Direct burnable vegetation at the parcel

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 8 locations within about half a mile of this property, a small sample

Provider	Technology	Download / Upload (Mbps)
LTD Broadband	Fixed Wireless (licensed-by-rule)	150 / 130
Minnesota WiFi	Fixed Wireless (unlicensed)	150 / 30
Midcontinent Communications	Fixed Wireless	100 / 20
Krms Products	Fixed Wireless (unlicensed)	52 / 27
Lumen Technologies	DSL	40 / 3

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

Mobile Coverage

5G and 4G LTE

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