8978 Independence Ct Faribault, MN 55021
Estimated Value: $455,075 - $558,000
2
Beds
2
Baths
1,472
Sq Ft
$346/Sq Ft
Est. Value
About This Home
This home is located at 8978 Independence Ct, Faribault, MN 55021 and is currently estimated at $509,769, approximately $346 per square foot. 8978 Independence Ct is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2025
Sold by
Quernemoen Lisa K
Bought by
Lisa K Quernemoen Revocable Trust and Quernemoen
Current Estimated Value
Purchase Details
Closed on
Apr 14, 2016
Sold by
Miller Linda
Bought by
Quernemoen Lisa K
Purchase Details
Closed on
Jul 31, 2000
Sold by
Rosch Stanley A and Rosch Wanda B
Bought by
Wallgren John A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lisa K Quernemoen Revocable Trust | $500 | None Listed On Document | |
| Quernemoen Lisa K | -- | Attorney | |
| Wallgren John A | $159,900 | -- |
Source: Public Records
Tax History Compared to Growth
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 | $3,282 | $434,100 | $102,400 | $331,700 |
| 2024 | $3,282 | $387,200 | $89,600 | $297,600 |
| 2023 | $2,878 | $387,200 | $89,600 | $297,600 |
| 2022 | $2,368 | $354,700 | $84,500 | $270,200 |
| 2021 | $2,160 | $272,700 | $72,700 | $200,000 |
| 2020 | $2,072 | $246,500 | $72,700 | $173,800 |
| 2019 | $2,020 | $243,000 | $72,700 | $170,300 |
| 2018 | $1,518 | $237,600 | $72,700 | $164,900 |
| 2017 | $1,518 | $173,500 | $72,700 | $100,800 |
| 2016 | $1,548 | $161,000 | $72,700 | $88,300 |
| 2015 | $1,500 | $160,300 | $72,700 | $87,600 |
| 2014 | -- | $161,500 | $72,700 | $88,800 |
Source: Public Records
Map
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