4791 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 4791 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,288 sqft · built 1976
Lot Size8.5 acres (370,260 sqft)
Owner2 Individual Names on File
Last Sale$180,000 (Aug 2011)
Tax Bill$2,808 (2026)
Deeds & MortgagesJun 2022 Line of Credit
Jul 2020 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN15.22.1.00.003

Property Details

APN / Parcel Number

Primary APN15.22.1.00.003

Interior

Bedrooms3 Beds
Full Baths2 Baths
Half Baths2 Half Baths
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area1,288 sqft Living Area
1st Floor Area1,288 sqft
Basement Area1,288 sqft
Finished Basement624 sqft
Unfinished Basement1,288 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1976
Effective Year BuiltEffective 1976
Architectural StyleA-Frame
Exterior MaterialWood
Construction TypeFrame
Roof TypeHip
Roof MaterialAsphalt
Lot Area370,260 sqft (8.5 acres)
Garage TypeDetached
Garage Area672 sqft
DrivewayConcrete Driveway
Parking Spaces3 Parking Spaces
Patio Area168 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address4791 240TH ST E
CityFARIBAULT
StateMN
Zip55021-8151
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionPART NE4 WH LIES NLY WAGON RD DAF COMG NE COR SEC22 TH S672FT TH S63D30'W 300.9FT TH S75D30'W 201.1FT TH N62DW 210FT TH
Legal Range020
Legal Township109
Legal Section22
JurisdictionRICE MN
Township / Civil DivisionWALCOTT
Census Block Group4
Census Block4036
Census Tract70400

Owner

Source: Rice County records · APN 15.22.1.00.003

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 Record2 Individual Names on File
Mailing Address4791 240TH ST E, FARIBAULT, MN 55021-8151
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 15, 2022Deed of Trust, Mortgage · Line of Credit
THE STATE BANK OF FARIBAULT
Jul 14, 2020Quit Claim Deed, Transfer
STATE BK/FARIBAULT

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleAug 15, 2011 · Amount on Record
Deed SaleAug 15, 2011 · Amount on Record
Prior SaleNov 16, 2005 · Amount on Record
Deed Document Number201153300
Last Transfer DateJul 07, 2020
Transfer Doc000A768168
Record UpdatedSep 20, 2026

June 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address4791 240TH ST E, FARIBAULT, MN 55021-8151
Transaction TypeMortgage
Record UpdatedDec 05, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number000A752489
DateJun 15, 2022
InstrumentA752489
Lender
NameTHE STATE BANK OF FARIBAULT
TypeBank
AddressFARIBAULT, MN 55021
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueJun 15, 2032
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

July 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionRICE MN
Recording DateJul 14, 2020
Property Address4791 240TH ST E, FARIBAULT, MN 55021-8151
Document Number0000728168
Instrument DateJul 07, 2020
Instrument728168
Transaction TypeTransfer
Record UpdatedAug 17, 2020
Title CompanyKNIGHT BARRY TITLE UNITED LLC

Transaction

AmountAmount Recorded
Tax$2.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address4791 240TH # FARIBAULT MN 55021, FARIBAULT, MN 55021

Mortgage

Document Number728169
DateJul 14, 2020
Instrument728169
Lender
NameSTATE BK/FARIBAULT
TypeBank
AddressFARIBAULT, MN 55021
Agreement
AmountAmount Recorded
Term180 Months
DueJul 13, 2035

Tax Assessment & Valuation

Source: Rice County records · Assessment roll updated June 8, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
County SubdivisionWalcott Township
Unified School DistrictFaribault 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.

YearTax BillAssessed ValueAssessed Market Value
2026$2,808.00 (+12.68%)$415,600 (+7.31%) Land $168,000 Building $247,600$415,600 (+7.31%) Land $168,000 Building $247,600
2025$387,300 (+14.28%) Land $157,000 Building $230,300$387,300 (+14.28%) Land $157,000 Building $230,300
2024$2,492.00 (+11.85%)$338,900 (-) Land $140,000 Building $198,900$338,900 (-) Land $140,000 Building $198,900
2023$2,228.00$338,900 Land $140,000 Building $198,900$338,900 Land $140,000 Building $198,900

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 ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskLow
above 7% of the US · above 21% of Minnesota
Wildfire LikelihoodAbout 1 in 7,143 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

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