197th St E, Faribault, MN 55021
Property image
Property image
OFF MARKET

197th St E
Faribault, MN 55021

    (on 30 acres)

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.73
    Lot/Land
    $180,000
    09/09/25
    -
    -
    3.50
    Lot/Land
    $135,000
    11/13/25
    -
    -
    3.78
    Lot/Land
    $49,900
    04/24/26
    -
    -
    3.78
    Lot/Land
    $33,000
    03/20/26
    -
    -
    3.80
    Lot/Land
    $28,000
    03/13/26
    -
    -
    4.34
    Lot/Land
    $89,000
    08/26/25
    -
    -
    4.40
    Lot/Land
    $45,000
    12/05/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.51
    $684,000
    Studio
    -
    -
    Recently Sold
    0.70
    $568,500
    2
    2
    2,444
    Off Market
    1.39
    $571,400
    3
    3.5
    3,741
    Off Market
    1.41
    $499,900
    5
    3
    2,712
    For Sale
    1.42
    $249,600
    2
    1
    800
    Off Market

    Local Information

    • Map ViewExplore the area around 197th St E.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    30 acres
    HOA
    None

    About this House

    Fantastic 30 acre parcel only 3 miles from downtown Faribault! Black top road frontage allows for very easy access. Property has a qualifying right to be built upon; buyer to verify with Rice County Planning & Zoning. ½ tillable, ½ wooded along with Falls Creek meandering through the South Side of the property. Nice mixture of mature trees throughout the South side. Good deer & turkey sign along with many well used trails. Close to the Chain of Lakes area and Interstate 35W.
    *20 minutes to Northfield
    *30 minutes to Lakeville
    *45 minutes to Burnsville
    197th St E, Faribault, MN 55021 is a lot/land. It last sold for $180,000 on Jul 12, 2019 (3% below the $184,900 asking price). It is currently off market.
    Last check for updates: about 4 hours ago
    Listed by Andrew Larson, (507) 382-1416
    Weiss Realty LLC
    Bought with: Edina Realty, Inc.
    Source: NorthstarMLS as distributed by MLS GRID, MLS#5233857

    Home Details for 197th St E

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: None Connected
    Gas & Electric
    No Electric on Property
    View
    No View

    Exterior Features

    Exterior Home Features
    Wooded Area Size: 578476.8
    Frontage
    WaterfrontWaterfront: Creek/Stream, Waterfront Num(999999999)Road Frontage: County RoadOn Waterfront
    Surface & Elevation
    Topography: Rolling

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: NoneParcel Number: 1127425001

    Price & Status

    Price
    List Price: $184,900
    Status Change & Dates
    Off Market Date: Fri May 24 2019

    Location

    Direction & Address
    City: Cannon City Twp
    School Information
    High School District: Faribault

    HOA

    No HOA

    Lot Information

    Lot Area: 30 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 5233857

    Price and Tax history

    DateEventPrice
    Jul 12, 2019
    Source: NorthstarMLS as distributed by MLS GRID #5233857
    Sold
    $180,000

    Market trends in Faribault

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $283K
    $15K
    MoM
    Sale-to-List Price
    99.5%
    Price per sq ft
    $147
    $7
    MoM
    Available listings
    129
    15
    MoM

    What Locals Say about Faribault

    At least 76 Trulia users voted on each feature.
    • 90 % Say yards are well-kept

    • 84 % Say car is needed

    • 83 % Say parking is easy

    • 82 % Say it's dog friendly

    • 71 % Say kids play outside

    • 68 % Say there are sidewalks

    • 60 % Say there's holiday spirit

    • 57 % Say it's quiet

    • 54 % Say neighbors are friendly

    • 54 % Say people would walk alone at night

    • 52 % Say streets are well-lit

    • 49 % Say they plan to stay for at least 5 years

    • 45 % Say it's walkable to restaurants

    • 44 % Say it's walkable to grocery stores

    • 38 % Say there's wildlife

    • 32 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "Very safe neighborhood "
    • Ryan W.
      "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
    • Trulia User
      "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
    • Cheyannefolman
      "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
    • Dora L.
      "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
    • Smkroening
      "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."

    LGBTQ Local Legal Protections

    Based on information submitted to the MLS GRID as of 2026-08-20 10:38:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

    Frequently asked questions about 197th St E

    • What is the price history for 197th St E?
      197th St E in Faribault, MN last sold for $180,000 in July 2019.
    • Is Faribault a buyer's or seller's market?
      Faribault is currently a seller's market, based on recent for-sale activity.
    • What's the median sale price in Faribault?
      The median sale price in Faribault is $283K. That is up $15K from the prior month.
    • What do residents say about Faribault?
      Residents describe Faribault, MN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Faribault, MN.

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