OFF MARKET

Off market

—

•

— ba

•

77,441

sq ft

1415 Prairie Ave SW, Faribault, MN 55021

About this home

1415 Prairie Ave SW is a 77,441 square foot multi-family home on a 4.16 acre lot.

Multi-familyProperty Type

1978Year Built

4.16 acresLot Size

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 55021, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.2%

+0.1% MoM

Median sale price

$303K

$8K MoM

Avg. days on market

29d

0 days MoM

Recently sold homes

106

9 MoM

New listings for sale

NEW 14 HRS AGO
$235,000
3 beds2 baths1,500 sq ft
1229 1st Ave NE, Faribault, MN 55021
COMING SOON
$265,000
3 beds2 baths1,142 sq ft
908 8th Ave SW, Faribault, MN 55021
$399,900
4 beds3 baths2,314 sq ft
1428 11th Ave NE, Faribault, MN 55021
$324,900
4 beds2 baths1,904 sq ft
1100 Mitchell Dr, Faribault, MN 55021
$360,000
4 beds2 baths2,125 sq ft
2130 198th St W, Faribault, MN 55021
$279,900
4 beds2 baths2,074 sq ft
120 Brand Ave, Faribault, MN 55021
OPEN SAT, 9:30AM TO 11AM
$379,900
4 beds2 baths2,612 sq ft
1320 11th Ave NE, Faribault, MN 55021
OPEN SAT, 9:30AM TO 11AM
$310,000
3 beds2 baths1,757 sq ft
1030 Willow St, Faribault, MN 55021
$110,000
2 beds1 bath486 sq ft
6000 Fairbanks Path #15, Faribault, MN 55021
OPEN SAT, 10:30AM TO 12PM
$260,000
4 beds2 baths1,508 sq ft
1401 Summer Ln, Faribault, MN 55021
See all

Provided by Redfin

Sale history for 1415 Prairie Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$18,080 (+1.8%)

$996,000 + $4,851,200

$5,847,200

2025

$17,756 (−61.8%)

$996,000 + $4,748,000

$5,744,000

2024

$46,482 (+7.3%)

$913,000 + $4,382,100

$5,295,100

2023

$43,306 (+8.1%)

$913,000 + $3,845,800

$4,758,800

2022

$40,048 (+2.3%)

$913,000 + $3,191,400

$4,104,400

2021

$39,140 (+8.3%)

$913,000 + $3,073,300

$3,986,300

2020

$36,130 (+0.5%)

$913,000 + $2,836,500

$3,749,500

2019

$35,956 (+1.4%)

$913,000 + $2,764,600

$3,677,600

2018

$35,452 (−3.3%)

$913,000 + $2,615,800

$3,528,800

2017

$36,672 (+1.2%)

$913,000 + $2,615,800

$3,528,800

2014

$36,222 (+7.3%)

$235,800 + $3,019,600

$3,255,400

2013

$33,762

$235,800 + $3,019,600

$3,255,400

Tax history for 1415 Prairie Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$18,080 (+1.8%)

$996,000 + $4,851,200

$5,847,200

2025

$17,756 (−61.8%)

$996,000 + $4,748,000

$5,744,000

2024

$46,482 (+7.3%)

$913,000 + $4,382,100

$5,295,100

2023

$43,306 (+8.1%)

$913,000 + $3,845,800

$4,758,800

2022

$40,048 (+2.3%)

$913,000 + $3,191,400

$4,104,400

2021

$39,140 (+8.3%)

$913,000 + $3,073,300

$3,986,300

2020

$36,130 (+0.5%)

$913,000 + $2,836,500

$3,749,500

2019

$35,956 (+1.4%)

$913,000 + $2,764,600

$3,677,600

2018

$35,452 (−3.3%)

$913,000 + $2,615,800

$3,528,800

2017

$36,672 (+1.2%)

$913,000 + $2,615,800

$3,528,800

2014

$36,222 (+7.3%)

$235,800 + $3,019,600

$3,255,400

2013

$33,762

$235,800 + $3,019,600

$3,255,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-4

High Density Residential District

The R-4, High Density Residential District, is established to provide for an environment of predominantly high-density apartments and congregate living arrangements, along with directly related, complementary uses. It is intended that where an R-4, High Density Residential District directly abuts a zoning district of lower density, a transition from existing uses to new uses be provided. Such transition may be accomplished by a continuation of similar uses to the extent possible given allowable uses within the district, landscape buffering as provided in Chapter 4, or both, as required by the City in conjunction with plat approval.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Educational/school
Fire house
Library
Police station
Park & open space

Property details

Interior

Basement Information
Basement Sq. Ft: 25,739

Exterior

Exterior Information
Physical Condition: Good
Building Type: Apartment

Property Information
Subdivision Name: WINDSOR PARK 07
Building Sq. Ft: 77,441
Legal Description: THAT PART L1 B2 LYG WLY FOL DESC LI BAP N LI B2 143.7FTW NE COR B2 TH SLY P/W E LI B2 TO PT S LI B2 & THERE TERM

Lot Information
# of Buildings: 1
Land Sq. Ft: 181,418
Legal Lot Number: 1
Legal Block Number: 2
Municipality Name: FARIBAULT
Acres: 4.1648
State Use Description: 4D-QUAL. LOW INCOME-LAND/BLDG

Financial

Assessor Information
Assessment Year: 2025
Tax District County: FARIBO-SD656-HSP-HRA

Public facts

Beds: —
Baths: —
Sq. Ft.: 77,441
Stories: —
Lot Size: 4.16 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: 1978
County: Rice County
APN: 1801403002

Home facts updated by county records on Aug 10, 2026

Around this home

Schools

Jefferson Elementary School

Public PreK-5 • Assigned • 0.5mi

4/10

Faribault Middle School

Public 6-8 • Assigned • 0.5mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Faribault, MN • 55021

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.7 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$2,400,000

9 beds5 baths17,280 sq ft

220 SW Maple Ave, Elysian, MN 56028

New listings for sale in 55021

NEW 14 HRS AGO

$235,000

3 beds2 baths1,500 sq ft

1229 1st Ave NE, Faribault, MN 55021

COMING SOON

$265,000

3 beds2 baths1,142 sq ft

908 8th Ave SW, Faribault, MN 55021

$399,900

4 beds3 baths2,314 sq ft

1428 11th Ave NE, Faribault, MN 55021

$324,900

4 beds2 baths1,904 sq ft

1100 Mitchell Dr, Faribault, MN 55021

$360,000

4 beds2 baths2,125 sq ft

2130 198th St W, Faribault, MN 55021

$279,900

4 beds2 baths2,074 sq ft

120 Brand Ave, Faribault, MN 55021

OPEN SAT, 9:30AM TO 11AM

$379,900

4 beds2 baths2,612 sq ft

1320 11th Ave NE, Faribault, MN 55021

OPEN SAT, 9:30AM TO 11AM

$310,000

3 beds2 baths1,757 sq ft

1030 Willow St, Faribault, MN 55021

$110,000

2 beds1 bath486 sq ft

6000 Fairbanks Path #15, Faribault, MN 55021

Home values near 1415 Prairie Ave SW

Data from public records.

Address	Redfin Estimate
1418 Prairie Avenue Southwest, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$280,013
1412 Prairie Avenue Southwest, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$274,297

Address	Redfin Estimate
1328 Prairie Avenue Southwest, Faribault, MN 1 Beds \| 2 Baths \| 1337 Sq. Ft.	$233,570
1426 Prairie Avenue Southwest, Faribault, MN 4 Beds \| 1 Baths \| 1604 Sq. Ft.	$238,701

Address	Redfin Estimate
1330 Prairie Avenue Southwest, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$250,328
1422 Prairie Avenue Southwest, Faribault, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$288,782

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 55021, MN

Sale history for 1415 Prairie Ave SW

Tax history for 1415 Prairie Ave SW

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 55021

Home values near 1415 Prairie Ave SW

More real estate resources