Rice County property record for 851 Faribault Rd, Faribault, MN 55021
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 39,277 sqft · built 1973 |
| Lot Size | 3.27 acres (142,500 sqft) |
| Owner | Company Name on File |
| Tax Bill | $59,686 (2026) |
| Deeds & Mortgages | Aug 2022 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 18.01.2.01.004 |
| Primary APN | 18.01.2.01.004 |
|---|
| Units | 66 Units |
|---|---|
| Stories | 1 Story |
| Building Area | 39,277 sqft Gross Area |
| Basement Area | 19,527 sqft |
| Unfinished Basement | 19,527 sqft |
| Year Built | Built 1973 |
|---|---|
| Effective Year Built | Effective 1973 |
| Lot Area | 142,500 sqft (3.27 acres) |
| Total Buildings | 2 Buildings |
| Street Address | 851 FARIBAULT RD |
|---|---|
| City | FARIBAULT |
| State | MN |
| Zip | 55021-6681 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Description | LOT 1 BLOCK 3 OF TOWNS EDGE BEG NWLY COR L1 B3 TOWNS EDGE E545.56FT TO WLY R/W LI RR TH ON CURVE TO LEFT 100.27FT TH CONTINUE |
| Legal Subdivision | TOWNS EDGE |
| Legal Block | 3 |
| Legal Lot Number | 1 |
| Jurisdiction | RICE MN |
| Township / Civil Division | FARIBAULT |
| Census Block Group | 1 |
| Census Block | 1046 |
| Census Tract | 70902 |
851 Faribault Rd, a residential property, is owned by a company.
Source: Rice County records, as of June 8, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 212 MAYAN WAY, MANKATO, MN 56001-4130 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICE MN |
| Property Address | 851 FARIBAULT RD, FARIBAULT, MN 55021-6681 |
| Transaction Type | Mortgage |
| Record Updated | Aug 29, 2022 |
| Name | Verified Name |
|---|
| Document Number | 000A754204 |
|---|---|
| Date | Aug 18, 2022 |
| Instrument | A754204 |
| Name | SPIRE CU |
|---|---|
| Type | Credit Union |
| Address | SAINT PAUL, MN 55113 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
The 2026 property tax bill for 851 Faribault Rd was $59,686.
Source: Rice County assessment roll, as of June 8, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Rice County |
| Municipality | Faribault City |
| Unified School District | Faribault Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $59,686.00 | $4,711,000 (-1.49%) Land $760,000 Building $3,951,000 | $4,711,000 (-1.49%) Land $760,000 Building $3,951,000 |
| 2025 | $4,782,200 (+8.94%) Land $756,000 Building $4,026,200 | $4,782,200 (+8.94%) Land $756,000 Building $4,026,200 | |
| 2024 | $57,382.00 (+32.01%) | $4,389,800 (-) Land $693,000 Building $3,696,800 | $4,389,800 (-) Land $693,000 Building $3,696,800 |
| 2023 | $43,468.00 | $4,389,800 Land $693,000 Building $3,696,800 | $4,389,800 Land $693,000 Building $3,696,800 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 851 Faribault Rd in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2014.
Source: FEMA National Flood Hazard Layer, effective April 14, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 2 in force |
| Nearby Flood Claims | 2 (2014–2016) |
| Most Recent Claim | Sep 2016 · Severe Storms And Flooding |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 851 Faribault Rd is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 92% of Minnesota |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 336 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: Fidium Fiber, T-Mobile, Verizon.
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