412 Prairie Avenue - Photo 1
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412 Prairie Avenue
412 Prairie Avenue
412 Prairie Avenue
412 Prairie Avenue
412 Prairie Avenue

412 Prairie Avenue, Faribault, MN 55021 - MLS# 7049708

MLS® #: 7049708|Days on Market: 205|Listed: Apr 6, 2026

$320,000

$325,000↓ 1.5%
Bedrooms
3
Bathrooms
3
Square Feet
1,484
Acres
0.405
Year Built
1900
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
4
Days on Market
205
School District
656 - Faribault

Discover a truly one-of-a-kind home offering remarkable flexibility and comfort for families of all sizes and generations. This extensively remodeled 1.5-story original residence features a stunning transformation, including a substantial 24 x 36 garage addition that brings with it a spacious 24 x 36 upper-level bonus area. The result is an expansive property boasting two kitchens, two family rooms, two laundry spaces, and a total of three bedrooms. The design accommodates a wide variety of living arrangements. The main level provides a convenient single-level living option, complete with a bedroom, kitchen, family room, and laundry—ideal for those seeking easy access and comfort with minimal steps. Upstairs, residents enjoy two additional bedrooms, an office, a second kitchen, a large living room, another laundry, and a full bath, making it perfect for extended family, guests or live in children that can be care givers. . Situated on a large lot, this home offers plenty of outdoor enjoyment. Relax on the backyard patio or gather around the firepit for memorable evenings. A dedicated storage shed is available to all, providing ample space for bikes, lawn equipment, and more. Unique to this property, the lot features access from two different streets, making parking and storage of larger recreational vehicles, boats, or campers both easy and convenient. The home is ideally located close to Faribault High School and the vocational school, making school commutes quick and easy. You’ll also benefit from effortless access to downtown Faribault, I-35W, and the 35W business district, with shopping, dining, and employment opportunities within easy reach. It is easy to tour and can close fast.

412 Prairie Avenue, Faribault, MN 55021

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Interior Information

BasementUnfinished
AppliancesDryer, Range, Refrigerator, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryMain Level
Dining RoomEat In Kitchen
Interior AmenitiesMain Floor Primary Bedroom, Natural Woodwork, Patio, Washer/Dryer Hookup
Electric100 Amp Service

Size & Levels

LevelsTwo
Total Finished Sq Ft3,045 sq ft
Above Grade Finished1,484 sq ft
Main Level Finished941 sq ft

Bathrooms

Full Baths3
Bathroom Details3/4 Primary, Main Floor 3/4 Bath, Upper Level 3/4 Bath

Rooms

Main Level Rooms

Living Room12' x 18'
Kitchen10' x 18'
Bedroom10' x 13'
Bathroom7' x 9'
Storage10' x 18'
Garage26' x 36'
Breezeway8' x 12'
Patio10' x 23'

Upper Level Rooms

Living Room10' x 20'
Dining Room7' x 12'
Office12' x 12'
Bedroom 29' x 18'
Bedroom 39' x 18'
Bathroom8' x 9'
Bathroom10' x 13'
Flex Room9' x 8'
Kitchen- 2nd12' x 13'

Exterior & Parking

ExteriorMetal, Vinyl
ConstructionFrame
RoofAge Over 8 Years
FoundationBlock, Stone
Patio / PorchPatio, Porch
Garage Stalls4
Garage Size26 x 36 (936 sq ft)
Garage Door10' wide x 8' tall
ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Insulated Garage, Storage, Tandem Garage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.405 acres
Lot Dimensions100 X 193 X 122 X 126
Lot DescriptionTree Coverage - Medium
ZoningResidential-Single Family
SubdivisionState Sub
TownshipFaribault
CountyRice
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Curbs, Street Lights, Storm Sewer
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$3,256
Tax Year2025
Tax w/ Assessments$3,256
Assessment PendingNo
Parcel Number1836450002
Financing OptionsConventional, VA, FHA, Cash, USDA
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1970-1979, about 70% of occupied homes are owner-occupied, and the average commute is 18 minutes.

Cost of Ownership

Median home value

$303,800

Higher than the Faribault median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$2,972/yr

Higher than the Faribault median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,818/mo

Higher than the Faribault median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$624/mo

Higher than the Faribault median

Median monthly housing costs for owners without a mortgage.

Median rent

$763/mo

Lower than the Faribault median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

70%

Higher than Faribault overall

The share of occupied homes lived in by their owners.

Median year built

1980

Similar to the Faribault median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2000-200917%
  • 1990-199914%
  • 1980-198917%
  • 1970-197932%
  • 1960-19697%
  • 1950-195911%

Types of homes

The share of housing units in each building type.

  • Single-family detached70%
  • 5+ units23%

Getting Around

Average commute

18 min

Similar to the Faribault median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone69%
  • Carpool18%

Homes with broadband

92%

Similar than Faribault overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Faribault Public School District

This home is in the Jefferson Elementary, Faribault Middle and Faribault Senior High attendance areas of Faribault Public School District.

Elementary

More than one school serves this area

Jefferson Elementary

Grades PK-5 · 0.4 mi away

Enrollment
389
Students per teacher
13

922 SW Home Place, Faribault, MN 55021

(507) 333-6500

Middle

Faribault Middle

Grades 6-8 · 1.1 mi away

Enrollment
594
Students per teacher
13.8

704 17th St SW, Faribault, MN 55021

(507) 333-6300

High

Faribault Senior High

Grades 9-12 · 0.2 mi away

Enrollment
956
Students per teacher
18.4

330 9th Ave SW, Faribault, MN 55021

(507) 333-6100

School assignments can change. Verify enrollment with Faribault Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: True Life Real Estate Solution
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.