516 3rd Ave SW, Faribault, MN 55021 Property Records

Rice County property record for 516 3rd Ave SW, Faribault, MN 55021

Property Summary

Property Type	Single Family Home
Details	2 bd · 1.5 ba · 1,065 sqft · built 1910
Lot Size	0.18 acres (7,850 sqft)
Owner	2 Individual Names on Record
Last Sale	$177,500 (Feb 2023)
Tax Bill	$1,958 (2026)
Deeds & Mortgages	Feb 2023 Sale Feb 2020 Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`18.31.3.75.009`

Property Details

APN / Parcel Number

Primary APN	`18.31.3.75.009`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,065 sqft Living Area
1st Floor Area	507 sqft
Basement Area	507 sqft
Unfinished Basement	507 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1910
Architectural Style	A-Frame
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	7,850 sqft (0.18 acres)
Lot Dimensions	157 ft deep x 50 ft wide
Garage Type	Detached
Garage Area	288 sqft
Driveway	Asphalt Driveway
Parking Spaces	1 Parking Space

Exterior Amenities

Porch	Slab
Porch Area	213 sqft
Deck Area	24 sqft
Patio Area	24 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	516 3RD AVE SW
City	FARIBAULT
State	MN
Zip	55021-6106
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	BAP 480FTN PT WHERE W LI 3RD AVE SW INTERS WI S LI SEC31 TH N ALG W LI 3RD AVE SW 50FT TH W @ RA WI 3RD AVE SW 157FT TH S ON
Legal Range	020
Legal Township	110
Legal Section	31
Jurisdiction	RICE MN
Township / Civil Division	FARIBAULT
Census Block Group	1
Census Block	1019
Census Tract	70802

Owner

Source: Rice County records, as of June 8, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on Record
Mailing Address	9160 247TH ST W, LAKEVILLE, MN 55044-7810
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 8, 2023	Warranty Deed, Transfer NORTHSTAR TITLE GROUP LLC
Feb 6, 2020	Deed of Trust, Mortgage · Line of Credit PREMIER BK/MN
Jun 27, 2018	Grant Deed, Transfer ATTORNEY ONLY
Feb 27, 2018	Trustee's Deed, Foreclosure ATTORNEY ONLY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 8, 2023 · Amount on Record
Deed Sale	Feb 8, 2023 · Amount on Record
Prior Sale	Jun 27, 2018 · Amount on Record
Deed Document Number	2023758227
Record Updated	Sep 20, 2026

February 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	RICE MN
Recording Date	Feb 8, 2023
Property Address	516 3RD AVE SW, FARIBAULT, MN 55021-6106
Document Number	000A758227
Instrument Date	Feb 3, 2023
Instrument	A758227
Transaction Type	Transfer
Record Updated	Feb 21, 2023
Title Company	NORTHSTAR TITLE GROUP LLC

Transaction

Amount	Amount Recorded
Tax	$585.75
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	9160 247TH ST W, LAKEVILLE, MN 55044-7810

February 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RICE MN
Property Address	516 3RD AVE SW, FARIBAULT, MN 55021-6106
Document Number	0000723903
Instrument Date	Feb 6, 2020
Transaction Type	Mortgage
Record Updated	Mar 2, 2020
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	516 3RD AVE SW FARIBAULT MN 550216106, FARIBAULT, MN 55021-6106

Mortgage

Document Number	0000723903
Date	Feb 12, 2020
Instrument	723903

Lender

Name	PREMIER BK/MN
Type	Bank
Address	FARIBAULT, MN 55021

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Feb 11, 2025

Interest

Rate Type	Adjustable Rate

June 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RICE MN
Recording Date	Jun 27, 2018
Property Address	516 3RD AVE SW, FARIBAULT, MN 55021-6106
Document Number	0000708182
Instrument Date	Jun 21, 2018
Instrument	708182
Transaction Type	Transfer
Record Updated	Jul 16, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$264.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	516 3RD AVE SW FARIBAULT MN 550216106, FARIBAULT, MN 55021-6106

February 2018: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	RICE MN
Recording Date	Feb 27, 2018
Property Address	516 3RD AVE SW, FARIBAULT, MN 55021-6106
Document Number	0000705259
Instrument Date	Feb 27, 2018
Instrument	705259
Transaction Type	Foreclosure
Record Updated	Mar 9, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$297.00
Amount Accuracy	Confirmed
Additional	Notice of Trustee Sale Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	516 3RD AVE SW FARIBAULT MN 550216106, FARIBAULT, MN 55021-6106

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Rice County
Municipality	Faribault City
Unified School District	Faribault Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,958.00 (+15.45%)	$190,700 (+4.38%) Land $50,500 Building $140,200	$190,700 (+4.38%) Land $50,500 Building $140,200
2025		$182,700 (+13.27%) Land $45,500 Building $137,200	$182,700 (+13.27%) Land $45,500 Building $137,200
2024	$1,696.00 (+55.03%)	$161,300 (-) Land $42,900 Building $118,400	$161,300 (-) Land $42,900 Building $118,400
2023	$1,094.00	$161,300 Land $42,900 Building $118,400	$161,300 Land $42,900 Building $118,400

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

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

Wildfire Risk	Low lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Faribault serves 23,718 people · EPA ID MN1660002
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	19 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 445 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable	1,000 / 1,000
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20

May also be available: Verizon.

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