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Single Family ResidenceResidential
Last sold for $63,975 on Jan 4, 2023

406 CHESTNUT LN

FARIBAULT, MN 55021
3
Beds
3.3
Baths
1,768 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.59 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$63,975 · Jan 4, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,532 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$457,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$126,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$331,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$456,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$457,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.0.59
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 140 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Roosevelt Elementary SchoolC-
Elementary · Grades KG–5 · 2.2 mi
H
Faribault High SchoolD+
High · Grades 9–12 · 2.8 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 3.8 mi

District: Faribault Public School District

Neighborhood · ZIP 55021These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.31,482
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,459
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

406 Chestnut Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 77% of homes in Faribault 55021
  • Has a bigger lot than 68% of homes in Faribault 55021
  • Among the newest homes in Faribault 55021

How it measures up in Faribault 55021

The dot is this home. The mark in the middle is the typical home in Faribault 55021.

Living area1,768 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.59 ac
SmallerTypical 0.3 acBigger

Bigger than 68% of homes nearby

Year built2023
OlderTypical 1972Newer

Newer than almost all homes nearby

How 406 Chestnut Ln ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Living areabigger than1,768 ft²77% of homes73% of homes
Lot sizebigger than0.59 ac68% of homes64% of homes
Year builtnewer than2023almost all homesalmost all homes

About 406 Chestnut Ln

When did 406 Chestnut Ln, Faribault, MN last sell?

406 Chestnut Ln, Faribault, MN last sold on Jan 4, 2023 for $63,975, according to the county's recorded deed.

How big is 406 Chestnut Ln, Faribault, MN?

406 Chestnut Ln, Faribault, MN has 3 bedrooms, 3.3 bathrooms, 1,768 square feet of living space and a 0.59-acre lot.

When was 406 Chestnut Ln, Faribault, MN built?

406 Chestnut Ln, Faribault, MN was built in 2023, making it 3 years old. It is a a-frame home. The building has 1 story.

What schools serve 406 Chestnut Ln, Faribault, MN?

406 Chestnut Ln, Faribault, MN is assigned to Roosevelt Elementary School (elementary), rated C-; Faribault High School (high), rated D+; Faribault Middle School (middle), rated D. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 406 Chestnut Ln, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,104 homes in Faribault 55021, it is bigger than 77% of them (1,768 ft² against a typical 1,352 ft²), its lot is bigger than 68% of them (0.59 ac against a typical 0.3 ac) and it is newer than almost all of them (2023 against a typical 1972). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 406 Chestnut Ln, Faribault, MN?

The 2026 property tax bill for 406 Chestnut Ln, Faribault, MN was $5,532. The county assessed it at $457,800.

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