703 Olander St, Faribault, MN 55021 Property Records

Rice County property record for 703 Olander St, Faribault, MN 55021

Property Summary

Property TypeSingle Family Home
Details5 bd · 4 ba · 2,876 sqft · built 1961
Lot Size0.389 acres (16,965 sqft)
Owner2 Individual Names on Record
Last Sale$120,000 (Jan 2002)
Tax Bill$6,018 (2026)
Deeds & MortgagesFeb 2018 Loan Modification
Flood ZoneZone X (minimal risk)
APN18.31.3.51.071

Property Details

APN / Parcel Number

Primary APN18.31.3.51.071

Interior

Bedrooms5 Beds
Full Baths4 Baths
Half Baths2 Half Baths
Plumbing Fixtures11 Plumbing Fixtures
Total Rooms12 Rooms
Stories1 Story
Building Area2,876 sqft Living Area
1st Floor Area1,692 sqft
Basement Area1,692 sqft
Finished Basement724 sqft
Unfinished Basement1,692 sqft
FlooringOther
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1961
Effective Year BuiltEffective 1961
Architectural StyleA-Frame
Exterior MaterialWood Siding
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area16,965 sqft (0.389 acres)
Lot Dimensions138 ft deep x 90 ft wide
Garage TypeDetached
Garage Area720 sqft
DrivewayConcrete Driveway
Parking Spaces3 Parking Spaces
PorchSlab
Porch Area35 sqft
Patio Area223 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address703 OLANDER ST
CityFARIBAULT
StateMN
Zip55021-5924
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 5 BLOCK 2 OF BOTSFORDS COUNTRY CLUB ADD
Legal SubdivisionBOTSFORDS COUNTRY CLUB ADD
Legal Block2
Legal Lot Number5
JurisdictionRICE MN
Township / Civil DivisionFARIBAULT
Census Block Group3
Census Block3016
Census Tract70802

Owner

Source: Rice County records, as of June 8, 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 Record
Mailing Address703 OLANDER ST, FARIBAULT, MN 55021-5924
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJan 9, 2002 · Amount on Record
Deed SaleJan 9, 2002 · Amount on Record
Deed Document Number200238413
Prior Transfer DateJan 8, 2002
Prior Transfer Doc0000038413
Record UpdatedSep 20, 2026

February 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRICE MN
Property Address703 OLANDER ST, FARIBAULT, MN 55021-5924
Document Number0000055820
Instrument DateFeb 5, 2018
Transaction TypeMortgage
Record UpdatedAug 30, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife

Mortgage

Document Number0000055820
DateFeb 13, 2018
Instrument55820
Lender
NameSTATE BK/FARIBAULT
TypeBank
AddressFARIBAULT, MN 55021
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term60 Months
DueFeb 12, 2023
Interest
Rate TypeFixed Rate
Rate4.75%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyRice County
MunicipalityFaribault City
Unified School DistrictFaribault Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$6,018.00 (+25.74%)$447,900 (+2.35%) Land $85,300 Building $362,600$447,900 (+2.35%) Land $85,300 Building $362,600
2025$437,600 (+10.23%) Land $80,600 Building $357,000$437,600 (+10.23%) Land $80,600 Building $357,000
2024$4,786.00 (+26.75%)$397,000 (-) Land $73,700 Building $323,300$397,000 (-) Land $73,700 Building $323,300
2023$3,776.00$397,000 Land $73,700 Building $323,300$397,000 Land $73,700 Building $323,300

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskLow
lower than 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

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 SystemFaribault
serves 23,718 people · EPA ID MN1660002
Water SourceGroundwater
Last State InspectionNov 2025
Lead19 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 514 locations within half a mile, as of December 31, 2025

ProviderMax 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: T-Mobile, Verizon.

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