412 Prairie Avenue

Faribault, MN
$ 320,000 Beds 3 Baths 3 Sq 1,484
Monthly Estimate* How much can I afford?

Discover a truly one-of-a-kind home offering remarkable flexibility and comfort for families of all sizes and generations. This extensively remodeled 1.5-story original residence features a stunning transformation, including a substantial 24 x 36 garage addition that brings with it a spacious 24 x 36 upper-level bonus area. The result is an expansive property boasting two kitchens, two family rooms, two laundry spaces, and a total of three bedrooms. The design accommodates a wide variety of living arrangements. The main level provides a convenient single-level living option, complete with a bedroom, kitchen, family room, and laundry—ideal for those seeking easy access and comfort with minimal steps. Upstairs, residents enjoy two additional bedrooms, an office, a second kitchen, a large living room, another laundry, and a full bath, making it perfect for extended family, guests or live in children that can be care givers. . Situated on a large lot, this home offers plenty of outdoor enjoyment. Relax on the backyard patio or gather around the firepit for memorable evenings. A dedicated storage shed is available to all, providing ample space for bikes, lawn equipment, and more. Unique to this property, the lot features access from two different streets, making parking and storage of larger recreational vehicles, boats, or campers both easy and convenient. The home is ideally located close to Faribault High School and the vocational school, making school commutes quick and easy. You’ll also benefit from effortless access to downtown Faribault, I-35W, and the 35W business district, with shopping, dining, and employment opportunities within easy reach. It is easy to tour and can close fast.

Single Family

  • Price
  • $ 320,000
  • City
  • Faribault
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • RICE
  • Half Bathrooms
  • 0
  • Area
  • State Sub
  • Lot Size
  • 0.405 Acres
  • Zip
  • 55021
  • Sqr Footage
  • 1,484
  • Year Built
  • 1900
  • Taxes
  • $ 3256
  • Style
  • Single Family
  • MLS#
  • 7049708
Listed By: True Life Real Estate Solution
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1484
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dryer,Range,Refrigerator,Washer
Garage Spaces 4
Construction Materials Frame
Year Built 1900
Electric 100 Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Rice
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name State Sub
Other Structures Storage Shed
Full Baths 3
Directions From the corner of MN 60 and Lyndale. Take Lyndale Ave S to Division Street. East on Divisin to Prairie Ave SW,Go South on Prairie,Property on South Side of Road across from Technical College.
City Faribault
High School District Faribault
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3256
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup
PostalCity Faribault

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1484
Laundry Features Main Level
Total Bedrooms 3
Total Baths 3
Bath Desc 3/4 Primary,Main Floor 3/4 Bath,Upper Level 3/4 Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
Garage Dimensions 26 x 36
Garage Door Width 8
Garage Square Feet 936

Exterior Features

Parking Features Attached Garage,Concrete,Finished Garage,Garage Door Opener,Insulated Garage,Storage,Tandem Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.405
Building Area Total 3045
Lot Dimensions 100 X 193 X 122 X 126
Waterfront Y/N No
Foundation Area 2425
Road Frontage Type City Street,Curbs,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/6/2026 Listed $325,000
5/19/2026 2% - $320,000

Property vs Zip Code Average in 55021

Price
AVG $440K
$320K
Taxes
AVG $4,766
$3,256
Year Built
AVG 1977
1900
Visits
AVG 115
218
Data Provided by Inside Real Estate®

412 Prairie Avenue Faribault, MN is a Single Family Home for sale at $320000 with 1484 sqft and a lot size of 0.405 Acres Acre(s). 412 Prairie Avenue Faribault has 3 bedrooms, 3 baths and was built in 1900. The property's zip code is 55021 which is in Faribault, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.