Pending

$259,900

Est. $1,715/mo —

•

1,048

sq ft

418 Prairie Ave, Faribault, MN 55021

About this home

Beautiful updates, timeless charm, and room to grow—this move-in-ready home checks all the boxes! Featuring 3 bedrooms and 1 bath, you’ll love the gorgeous hardwood floors and inviting living room, where a cozy fireplace makes you feel right at home. The kitchen shines with hard-surface countertops, tile flooring, and updated stainless steel appliances, while the updated tile shower adds a stylish touch to the bathroom. Spacious bedrooms, including two on the main level, provide plenty of room to unwind. Looking for an opportunity to make it your own? The already-framed basement offers a head start toward expanding your living space and building equity. With a newer furnace, A/C, windows, and roof, you can enjoy the benefits of major updates already completed! Outside, the large corner lot delivers space to enjoy, complemented by beautiful landscaping, a patio for summer gatherings, a 2-stall garage, and ample parking. Add a convenient location near schools, parks, shopping, and major highways, and you have a home that’s easy to love. Don’t miss your chance—schedule your showing today!

Single-familyProperty Type

1940Year Built

9,975 sq ftLot Size

$248Price/Sq.Ft.

2 car garageParking

Listed by Evan Knutson • Weichert, REALTORS- Heartland

Listing updated: Sep 3, 2026 at 08:33am

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7133155

Payment calculator

$1,715 per month

Principal and interest$1,401

Property taxes

$195

HOA dues

Home insurance

$119

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

Jefferson Elementary School

Public PreK-5 • Assigned • 0.4mi

4/10

Faribault Middle School

Public 6-8 • Assigned • 1.2mi

2/10

Faribault Senior High School

Public 9-12 • Assigned • 0.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

418 Prairie Ave · $259,900

DAYS ON MARKET

The average home goes pending in 29 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $383,741. (48% higher than this home)

PRICE DROP

20% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Hardwood floors
Natural woodwork
Water softener (owned)
Separate/formal dining room
Gas fireplace (one)

Bedrooms
Three bedrooms — two on the main level, one on the upper level

Bathrooms
One full bathroom on the main floor

Kitchen
Range
Microwave
Dishwasher
Refrigerator

Laundry & utility
Washer and dryer
Laundry room on the lower level

Flooring
Hardwood floors

Heating & cooling
Forced air heating
Central air conditioning

Sale and tax history for 418 Prairie Ave

Sale History
Tax History

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Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

11 ft.

Lot depth

5 ft.

Lot size

10,010 Sq. Ft.

Year renovated

1940

Finished Sq. Ft.

1,630

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,630

Year built

1940

Style

Single Family Residential

County

Rice County

APN

1836450001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

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

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

92/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 418 Prairie Ave

$260,427

$527 over list price of $260K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $232K to $280K.

SOLD JUL 30, 2026
$265,000 Last sold price
2 beds2 baths— sq ft
833 9th Ave SW, Faribault, MN 55021
larger lot
15 years newer
SOLD JUL 2, 2026
$255,000 Last sold price
3 beds1 bath— sq ft
18 20th Ave NW, Faribault, MN 55021
larger lot
29 years newer
SOLD APR 10, 2026
$263,500 Last sold price
3 beds2 baths— sq ft
835 Westwood Dr, Faribault, MN 55021
larger lot
24 years newer
SOLD DEC 29, 2025
$232,000 Last sold price
3 beds2 baths— sq ft
856 Valley View Rd, Faribault, MN 55021
larger lot
23 years newer
no basement
SOLD APR 17, 2026
$280,000 Last sold price
3 beds2 baths— sq ft
836 7th Ave SW, Faribault, MN 55021
smaller lot
11 years older
SOLD MAY 1, 2026
$275,000 Last sold price
3 beds3 baths— sq ft
816 1st St SW, Faribault, MN 55021
larger lot
15 years older

Rental earnings

Est. $1,554 per month, based on comparable rentals

This home is pending

The seller has accepted an offer, and this property is now .

Questions? Redfin partner agents are here to help

Typically responds in about 1 minute.

Nearby similar homes

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3D WALKTHROUGH

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NEW CONSTRUCTION3D WALKTHROUGH

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NEW CONSTRUCTION

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4 beds3 baths2,165 sq ft

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New listings for sale in 55021

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NEW 30 HRS AGO

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3D WALKTHROUGH

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3 beds2 baths1,938 sq ft

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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