For Sale: Faribault MLS# 7020507
Active
NEW!
$515,000
Single Family: Modified Two Story
4 br • 3 ba • Built 1974
2,762 sqft • 0.92 acres
MLS# 7020507
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Property Description
Welcome to 1101 Faribault Road — a home full of character, flexibility, and opportunity.
From the moment you arrive, you’ll feel the charm and comfort this home offers, with bright living
spaces, a practical layout, and room to truly make it your own. The main living areas are welcoming and
easy to enjoy, whether you’re hosting friends or settling in for a cozy night at home.
A standout feature of this property is the separate mother-in-law suite, offering incredible potential as
an income-producing space. Perfect for short-term or long-term rental opportunities, guest use, or
extended family, this private area provides added independence and versatility — a rare bonus that helps offset living costs or create extra monthly income.
Comfortable bedrooms, functional bathrooms, and thoughtful touches throughout give the home a warm, lived-in feel. Outside, the yard offers space to relax, garden, or entertain, adding even more charm and possibility. With a fully fenced yard and no through street privacy is this homes best attribute. You could even liven up the old BMX track for some extra fun!
Located close to schools, parks, shopping, and main routes, 1101 Faribault Road is a unique opportunity
to own a home that blends everyday comfort with built-in flexibility and income potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$515,000
Price per sq ft:
$186
Property Type:
Single Family
City:
Faribault
Garage Spaces:
4
County:
Rice
Year Built:
1974
State:
MN
Property Style:
Modified Two Story
Zip Code:
55021
Subdivision Name:
Plat/Town's Edge
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,762 ft2
Total Fireplaces:
1
Living Area:
2,762 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Fireplace Details:
Family Room
Basement Details:
Block
Exterior
Stories:
Modified Two Story
Garage Spaces:
4
Garage Size:
900 ft2
Air Conditioning:
Central Air
Foundation Size:
1,404 ft2
Fencing:
Chain Link, Full, Other
Handicap Accessible:
None
Out Buildings:
Pole Building
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
Road Frontage:
No Outlet/Dead End
Exterior Material:
Frame
Roof Details:
Age 8 Years or Less
Rooms
1/4 Baths:
1
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- Jetted Tub
- Main Floor 3/4 Bath
- Separate Tub & Shower
- Upper Level 1/2 Bath
- Upper Level Full Bath
Dining/Kitchen:
Informal Dining Room
Laundry:
- Main Level
- Upper Level
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 10 x 9 | 90 |
| Bathroom | 8 x 9 | 72 |
| Bedroom 4 | 11 x 12 | 132 |
| Kitchen | 20 x 12 | 240 |
| Laundry | 8 x 9 | 72 |
| Living Room | 17 x 13 | 221 |
| Bedroom 2 | 15 x 13 | 195 |
| Bedroom 3 | 10 x 13 | 130 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 11 x 8 | 88 |
| Family Room | 18 x 24 | 432 |
| Bedroom | 14 x 11 | 154 |
| Kitchen- 2nd | 12 x 12 | 144 |
| Laundry | 12 x 13 | 156 |
| Living Room | 12 x 11 | 132 |
Lot & Land
Acres:
0.92
Geolocation:
44.275666, -93.296791
Lot Dimensions:
Irregular
Zoning:
Residential-Single Family
Lot Description:
- Irregular Lot
- Tree Coverage - Heavy
Schools
School District:
2145
District Phone:
5073336016
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,100
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,572
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
Well
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.