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
-- mins to
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
*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 14 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
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MLS Status: Closed |
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Appliances & Utilities Utilities: None Connected |
Gas & Electric No Electric on Property |
View No View |
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Exterior Home Features Wooded Area Size: 578476.8 |
Frontage WaterfrontWaterfront: Creek/Stream, Waterfront Num(999999999)Road Frontage: County RoadOn Waterfront |
Surface & Elevation Topography: Rolling |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building No Additional Parcels |
Property Information Included in Sale: NoneParcel Number: 1127425001 |
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Price List Price: $184,900 |
Status Change & Dates Off Market Date: Fri May 24 2019 |
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Direction & Address City: Cannon City Twp |
School Information High School District: Faribault |
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No HOA |
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Lot Area: 30 Acres |
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Contingencies: None |
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Mls Number: 5233857 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 12, 2019 Source: NorthstarMLS as distributed by MLS GRID #5233857 | Sold | $180,000 |
Market trends in Faribault
Last updated July 2026
Avg. sale price
$283K
$15KMoM
Sale-to-List Price
99.5%
Price per sq ft
$147
$7MoM
Available listings
129
15MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 17:03:16 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
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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.

