5135 240th St E, Faribault, MN 55021 Property Records

Rice County property record for 5135 240th St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	2 Beds
Bathrooms	1 Baths
Architecture Style	A-Frame
Year Built	Built 1873
Square Footage	1,525 sqft Living Area
Lot Size	6,843,276 sqft (157 acres)
Tax Bill	$3,602.00 (2026)

Owner

Source: Rice County records · APN 15.23.1.25.001

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	Individual Name on File
Mailing Address	2125 7TH ST NW, 301, FARIBAULT, MN 55021-4644
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Refreshed	Sep 20, 2026

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	$3,602.00 (+18.88%)	$1,186,800 (+3.45%) Land $1,033,300 Building $153,500	$1,186,800 (+3.45%) Land $1,033,300 Building $153,500
2025		$1,147,200 (+13.21%) Land $1,003,200 Building $144,000	$1,147,200 (+13.21%) Land $1,003,200 Building $144,000
2024	$3,030.00 (+5.35%)	$1,013,300 (-) Land $895,500 Building $117,800	$1,013,300 (-) Land $895,500 Building $117,800
2023	$2,876.00	$1,013,300 Land $895,500 Building $117,800	$1,013,300 Land $895,500 Building $117,800

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
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Low above 20% of the US · above 39% of Minnesota
Wildfire Likelihood	About 1 in 5,263 per year
Exposure	Direct burnable vegetation at the parcel

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

Property Details

APN / Parcel Number

Primary APN	`15.23.1.25.001`

Interior

Bedrooms	2 Beds
Full Baths	1 Baths
Total Rooms	4 Rooms
Building Area	1,525 sqft Living Area
1st Floor	736 sqft 1st Floor
Attic Area	405 sqft Attic
Attic	1 Attic
Basement Area	752 sqft Basement
Unfinished Basement	752 sqft Unfinished
Stories	1 Stories
Primary Flooring	Hardwood Flooring
Interior Structure	Plaster Interior Structure

Exterior

Year Built	Built 1873
Effective Year Built	Effective 1873
Architectural Style	A-Frame Style
Exterior Material	Wood Siding Exterior
Construction Type	Frame Construction
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	6,843,276 sqft (157 acres)
Driveway	Driveway Gravel

Exterior Amenities

Deck Area	176 sqft Deck
Patio Area	176 sqft Patio
Porch	1 Porch
Porch Area	220 sqft Porch

Utilities and HVAC

Cooling System	None Cooling
Heating System	HVAC Heating

Location & Zoning

Street Address	5135 240TH ST E
City	FARIBAULT
State	MN
Zip	55021-8153
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	N2 N2 SEC23 EX COMG NE COR SD PAR TH W6R TH SELY TAP 40R FR NE COR SD LD DESC ABOVE TH N ON E LI SEC TO POB & EX COMG 46RS NW
Legal Range	020
Legal Township	109
Legal Section	23
Jurisdiction	RICE MN
Minor Civil Division	WALCOTT
Census Blockgroup	4
Census Block	4036
Census Tract	70400