NOT LISTED FOR SALE

18250 Independence Ave Faribault, MN 55021

Estimated Value: $451,000 - $480,660

4 Beds
2 Baths
2,120 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $390,000 $184 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,706/month

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Dining Room

About This Home

As of February 2023

Hobby Farm only available due to relocation! This beautiful home is located on a 5 acre scenic property with giant oaks, apple trees, sugar maples, and 6+ lakes all within a ten min drive. This spacious open concept rambler has 3 bedrooms on the main level and is drenched in natural light from the large windows throughout the home allowing for beautiful views in any direction. This hobby farmer’s dream also includes a basement kitchen perfect for canning and prepping any harvests from the garden, a heated garage, and a newly renovated livestock/poultry barn. If you’ve been wishing for the ideal modern homestead, look no further, this is the home for you.

Last Agent to Sell the Property

Jeffrey Strey

Prandium Group Real Estate Listed on: 01/10/2023

Last Buyer's Agent

Evan Knutson

Weichert, REALTORS- Heartland

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1965

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 424x521
  • Partially Fenced Property
  • Many Trees

Parking

  • 2 Car Garage
  • Heated Garage

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0922100002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,356

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1320
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Walkout
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 2120
  • Fireplace: No
  • Below Grade Finished Sq Ft: 800
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Metal
  • PoolFeatures: None
  • Fencing: Partial
  • Other Structures: Barn(s), Chicken Coop/Barn
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 424x521
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0922100002
  • Tax Annual Amount: 2356
  • TaxWithAssessments: 2356.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 17, 2023
Sold by
Lowry Brian and Lowry Alyssa
Bought by
Anderson Darin and Anderson Ashley
Seller's Agent
Jeffrey Strey
Prandium Group Real Estate
Buyer's Agent
Evan Knutson
Weichert, REALTORS- Heartland
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Views
43
Current Estimated Value
$469,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,165
Avg. Annual Appreciation
7.11%
Original Mortgage
$290,000
Outstanding Balance
$281,145
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$188,020

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 10, 2023
Sold by
Lowry Brian R and Lowry Alyssa R
Bought by
Anderson Darin and Anderson Ashley
Seller's Agent
Jeffrey Strey
Prandium Group Real Estate
Buyer's Agent
Evan Knutson
Weichert, REALTORS- Heartland
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$281,145
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$188,020

Purchase Details

Closed on
Jun 29, 2020
Sold by
Dahlin Amy and Dahlin Brandon
Bought by
Lowry Brian R and Lowry Alyssa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,320
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Vonrump Karl R and Von Rump Suzanne K
Bought by
Dahlin Brandon and Dahlin Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,127
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Anderson Darin $390,000 --
Anderson Darin $390,000 --
Lowry Brian R $305,400 Multiple
Dahlin Brandon $269,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Darin $290,000
Closed Anderson Darin $290,000
Previous Owner Lowry Brian R $244,320
Previous Owner Dahlin Brandon $264,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $390,000 +2.6% $184 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $380,000 -- $179 / 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 $2,946 $396,800 $125,000 $271,800
2024 $2,946 $349,300 $110,000 $239,300
2023 $2,604 $349,300 $110,000 $239,300
2022 $2,356 $326,200 $98,000 $228,200
2021 $2,074 $280,500 $84,100 $196,400
2020 $1,902 $248,100 $81,600 $166,500
2019 $1,834 $235,000 $81,600 $153,400
2018 $1,646 $228,500 $81,600 $146,900
2017 $1,706 $203,600 $81,600 $122,000
2016 $1,768 $197,400 $81,600 $115,800
2015 $1,716 $198,900 $81,600 $117,300
2014 -- $200,500 $81,600 $118,900
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Strey

    Seller's Agent in 2023

    Jeffrey Strey

    Prandium Group Real Estate

    (612) 849-2333

    58 Total Sales

    Jeffrey Strey
    Section Image
  • Evan Knutson

    Buyer's Agent in 2023

    Evan Knutson

    Weichert, REALTORS- Heartland

    (507) 210-9140

    244 Total Sales

    Evan Knutson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6322307

NorthstarMLS

APN: 09.22.1.00.002

Minnesota Rice County Faribault 55021

18250 Independence Ave, Faribault, MN

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