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Warehouse, StorageIndustrial
Last sold for $485,000 on Oct 18, 2021

650 3RD ST NW

WELLS, MN 56097
0
Baths
288 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.
2.55 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$485,000 · Oct 18, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,272 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$216,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$203,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$250,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$216,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
51
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
10
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
52
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.15 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Warehouse, Storage
CountyFARIBAULT
Lot (acres)The size of the land the home sits on, from county records.2.55
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

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.

M
United South Central High SchoolC-
Middle · Grades 7–12 · 1.1 mi
E
United South Central Elementary SchoolA-
Elementary · Grades PK–6 · 1.1 mi

District: United South Central School District

Neighborhood · ZIP 56097These 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.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.3,880
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.21 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,102
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,742
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 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

650 3rd St Nw 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.

  • Among the smallest homes in Wells 56097
  • Has a bigger lot than 74% of homes in Faribault County
  • Newer than 92% of homes in Wells 56097

How it measures up in Wells 56097

The dot is this home. The mark in the middle is the typical home in Wells 56097.

Living area288 ft²
SmallerTypical 1,454 ft²Bigger

Smaller than almost all homes nearby

Lot size2.55 ac
SmallerTypical 0.3 acBigger

Bigger than 70% of homes nearby

Year built2000
OlderTypical 1947Newer

Newer than 92% of homes nearby

How 650 3rd St Nw ranks against every home in each area.
MeasureThis homeWells 56097Faribault County
Living areabigger than288 ft²almost no homesalmost no homes
Lot sizebigger than2.55 ac70% of homes74% of homes
Year builtnewer than200092% of homes92% of homes

About 650 3rd St Nw

When did 650 3rd St Nw, Wells, MN last sell?

650 3rd St Nw, Wells, MN last sold on Oct 18, 2021 for $485,000, according to the county's recorded deed.

How big is 650 3rd St Nw, Wells, MN?

650 3rd St Nw, Wells, MN has 288 square feet of living space and a 2.55-acre lot.

When was 650 3rd St Nw, Wells, MN built?

650 3rd St Nw, Wells, MN was built in 2000, making it 26 years old. The building has 1 story.

What schools serve 650 3rd St Nw, Wells, MN?

650 3rd St Nw, Wells, MN is assigned to United South Central High School (middle), rated C-; United South Central Elementary School (elementary), rated A-. All sit in United South Central School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 650 3rd St Nw, Wells, MN compare to other homes in Wells 56097?

Among the 1,735 homes in Wells 56097, it is bigger than almost none of them (288 ft² against a typical 1,454 ft²), its lot is bigger than 70% of them (2.55 ac against a typical 0.3 ac) and it is newer than 92% of them (2000 against a typical 1947). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 650 3rd St Nw, Wells, MN?

The 2025 property tax bill for 650 3rd St Nw, Wells, MN was $8,272. The county assessed it at $216,000.

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Assigned schools

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