$433,000
SOLD NOV 14, 2025

1170 Ivy Way Faribault, MN 55021

5 Beds
3 Baths
2,473 Sq Ft
0.35 Acres

Recently Sold

$175 Per Sq Ft

4% Above List Price

46 Days on Market

Highlights

  • New Construction
  • No HOA
  • The kitchen features windows
  • Great Room
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of November 2025

This home qualifies for the builder's and their preferred lender's PERMANENT RATE BUY-DOWN. Check out Fieldstone Family Homes' newest plan in the Meadows- the Poplar. This home has 5 bedrooms, with 3 on the main level, 3 baths and 3 car garage. The wonderful open concept plan is ideal for entertaining and the 7 foot kitchen center island will be the gathering spot. The generous primary bedroom, with private bath, 2 more bedrooms and main bath round out the main level. In the lower level are 2 more large bedrooms, a 3/4 bath and huge family room (32'X16')- room enough for a pool table and a giant sectional or just about anything!
Hurry and come to check out this property which will be completed in early October- It won't last long. Landscaping/sod are not included in this home's price.
All photos are of a similar, but different home and may contain options /upgrades not included in this home's price. All measurements are architectural. Buyers and agents to verify room sizes.

Last Agent to Sell the Property

Tyrone Stenzel

Fieldstone Real Estate Special Listed on: 08/24/2025

Fieldstone Real Estate Special

Last Buyer's Agent

Imran Dagane

Goodir Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 176x135x85x94

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Pitched Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Great Room
  • Family Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Drainage System
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by FIELDSTONE FAMILY HOMES INC
  • The Meadows 3Rd Add Community
  • Meadows Third Add Subdivision

Listing and Financial Details

  • Property Available on 10/8/25
  • Assessor Parcel Number 1820452033

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2025
  • Above Grade Finished Sq Ft: 1374
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, Egress Window(s), Finished, Concrete, Sump Basket, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 2473
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1099
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Pitched
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup
  • Community Name: The Meadows 3rd ADD

Association/Amenities

  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 176X135X85X94
  • Lot Size Sq Ft: 15115.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Builder License: 631164
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Rental Info

  • Available Date: 2025-10-08

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1820452033
  • Tax Annual Amount: 886
  • TaxWithAssessments: 886.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2025
Closed on
Nov 14, 2025
Sold by
Fieldstone Family Homes Inc
Bought by
Hassen Abdihakin A and Ali Ahmed M
Seller's Agent
Tyrone Stenzel
Fieldstone Real Estate Special
Buyer's Agent
Imran Dagane
Goodir Realty Inc
List Price
$415,850
Sold Price
$433,000
Premium/Discount to List
$17,150
4.12%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.13%
Original Mortgage
$414,142
Outstanding Balance
$414,142
Interest Rate
6.34%
Mortgage Type
FHA
Estimated Equity
-$11,851

Purchase Details

Closed on
May 8, 2025
Sold by
Mra Holdings Llc
Bought by
Fieldstone Family Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.65%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $433,000 Bankers Title & Bankers Closin
Warranty Deed $45,000 Bankers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $414,142 FHA
Previous Owner $280,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $433,000 +4.1% $175 / Sq Ft
10/09/2025 10/09/25 Pending -- -- --
08/24/2025 08/24/25 For Sale $415,850 -- $168 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $886 $67,700 $67,700 $0
2024 $886 $60,200 $60,200 $0
2023 $674 $60,200 $60,200 $0
2022 $602 $58,300 $58,300 $0
2021 $194 $54,400 $54,400 $0
2020 $108 $32,300 $32,300 $0
2019 $48 $31,000 $31,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6777508

NorthstarMLS

APN: 18.20.4.52.033