5480 263rd St E, Faribault, MN 55021 Property Records

Rice County property record for 5480 263rd St E, Faribault, MN 55021 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms2 Beds
Bathrooms2 Baths
Year BuiltBuilt 1986
Square Footage1,196 sqft Living Area
Lot Size78,408 sqft (1.8 acres)
OccupancyOwner Occupied
Last Sale$262,000 (2016)
Tax Bill$2,862.00 (2026)

Property Details

APN / Parcel Number

Primary APN15.35.2.00.003

Interior

Bedrooms2 Beds
Full Baths2 Baths
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms7 Rooms
Building Area1,196 sqft Living Area
1st Floor1,196 sqft 1st Floor
Basement Area1,196 sqft Basement
Finished Basement916 sqft Finished
Unfinished Basement1,196 sqft Unfinished
Stories1 Stories
Primary FlooringHardwood Flooring
Interior StructureWallboard/Drywall Interior Structure

Exterior

Year BuiltBuilt 1986
Effective Year BuiltEffective 1986
Architectural StyleA-Frame Style
Exterior MaterialWood Exterior
Construction TypeFrame Construction
Roof ConstructionGable Roof Construction
Roof MaterialAsphalt Roof
Lot Area78,408 sqft (1.8 acres)
DrivewayDriveway Concrete
Parking Spaces6 Parking Spaces
Garage TypeMixed Garage
Garage Area1,640 sqft Garage
Deck Area240 sqft Deck
Patio Area240 sqft Patio
Porch Area16 sqft Porch

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHot Water Heating

Location & Zoning

Street Address5480 263RD ST E
CityFARIBAULT
StateMN
Zip55021-8383
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionS220FT E350FT N2 E4 NW4
Legal Range020
Legal Township109
Legal Section35
JurisdictionRICE MN
Minor Civil DivisionWALCOTT
Census Blockgroup4
Census Block4060
Census Tract70400

Owner

Source: Rice County records · APN 15.35.2.00.003

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 Address5480 263RD ST E, FARIBAULT, MN 55021-8383
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleNov 14, 2016 · Amount on Record
Deed SaleNov 14, 2016 · Amount on Record
Deed Doc Number2016692795
Record RefreshedSep 20, 2026

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICE MN
Property Address5480 263RD ST E, FARIBAULT, MN 55021-8383
Document Number0000731627
Instrument DateOct 13, 2020
Transaction TypeMortgage
Record UpdatedOct 30, 2020
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenant/Joint Tenant w/ Right Of Survivorship
Address5480 263RD ST E FARIBAULT MN 550218383, FARIBAULT, MN 55021-8383

Mortgage

Document Number0000731627
DateOct 19, 2020
Instrument731627
Lender
NameBAY EQUITY
TypeFunding / Finance Company
AddressCORTE MADERA, CA 94925
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term300 Months
DueOct 18, 2045

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 DistrictMedford Public School District (KG - 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$2,862.00 (+4.99%)$378,400 (+1.61%) Land $104,300 Building $274,100$378,400 (+1.61%) Land $104,300 Building $274,100
2025$372,400 (+11.8%) Land $97,000 Building $275,400$372,400 (+11.8%) Land $97,000 Building $275,400
2024$2,726.00 (+7.15%)$333,100 (-) Land $83,800 Building $249,300$333,100 (-) Land $83,800 Building $249,300
2023$2,544.00$333,100 Land $83,800 Building $249,300$333,100 Land $83,800 Building $249,300

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