This charming bungalow has a historic feel as you walk in. A large porch great for relaxing greets you as you enter and the updated kitchen with stainless steel appliances and center island is perfect for entertaining. It even has a built in desk. The large formal dining room has great built ins and cool updated lighting. Stretch out in the spacious living room with electric fireplace. The upper level has 3 bedrooms with lots of closet space and even access to a small deck overlooking the back yard. The hardwood floors would refinsh nicely! A full bathroom completes the upstairs. Two 2-car garages are perfect for the mechanic or home business owner. Located on a large corner lot with easy access to downtown Faribault! Minutes to the freeway.
PRIDE IN OWNERSHIP!!! THIS HOME HAS SO MUCH TO OFFER!!! VINYL SIDING, NEWER WINDOWS, OPEN FLOOR PLAN, UPDATED KITCHEN AND FLOORING!!! ENJOY THE AMAZING FRONT PORCH THAT OVER LOOKS HISTORIC 4TH AVENUE!!! HOME OFFERS DETACHED HEATED/INSULATED/AIR CONDITIONED GARAGE!!! LOCATED IN THE HEART OF FARIBAULT, THIS ONE WONT LAST LONG!!! SCHEDULE A SHOWING TODAY!!!
NORTHSTARMLS as Distributed by MLS Grid #4830783
Oct 16, 2017
Listing Removed
—
Aug 16, 2017
Price Changed
$265,000
Jun 13, 2017
Price Changed
$272,000
Jun 1, 2017
Price Changed
$279,500
May 17, 2017
Listed
$282,500
NORTHSTARMLS as Distributed by MLS Grid #2304266
Nov 3, 2004
Listing Removed
—
Jul 26, 2004
Listed
$219,900
NORTHSTARMLS as Distributed by MLS Grid #1211462
Feb 20, 1997
Listing Removed
—
Aug 13, 1996
Listed
$116,000
Year
Property tax
Land + Additions
Assessment*
2026
$4,216 (+14.9%)
2025
$3,670 (+5.3%)
2024
$3,484 (+6.0%)
2023
$3,288 (+11.3%)
2022
$2,954 (+4.6%)
2021
$2,824 (+9.8%)
2020
$2,572 (+7.7%)
2019
$2,388 (+1.9%)
2018
$2,343 (−0.6%)
2017
$2,358 (+8.8%)
2015
$2,168 (−3.9%)
2014
$2,256 (+3.0%)
2013
$2,190
Tax history for 503 4th Ave SW
Year
Property tax
Land + Additions
Assessment*
2026
$4,216 (+14.9%)
2025
$3,670 (+5.3%)
2024
$3,484 (+6.0%)
2023
$3,288 (+11.3%)
2022
$2,954 (+4.6%)
2021
$2,824 (+9.8%)
2020
$2,572 (+7.7%)
2019
$2,388 (+1.9%)
2018
$2,343 (−0.6%)
2017
$2,358 (+8.8%)
2015
$2,168 (−3.9%)
2014
$2,256 (+3.0%)
2013
$2,190
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1.5
Lot width
9 ft.
Lot depth
16 ft.
Lot size
0.33 Acres
Year renovated
1910
Sq. Ft.
1,731
Year built
1910
Style
Single Family Residential
County
Rice County
APN
1831378022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R-2
Low Density Residential District
The R-2, Low Density Residential District, is established to provide for an environment of predominantly low density residential uses, including detached and attached single family homes, duplexes, three- and four-unit multi-family dwellings, along with directly related, complementary uses. It is intended that where an R-s, Low Density Residential District directly abuts a zoning district of higher or 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 plan approval.