Lincoln Elementary
- Enrollment
- 391
- Students per teacher
- 12.2
510 Lincoln Ave NW, Faribault, MN 55021
(507) 333-6600
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2130 198th Street W, Faribault, MN 55021 - MLS# 7153521
$360,000
Bedrooms
4
Bathrooms
2
Square Feet
2,125
Acres
0.459
Year Built
1991
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
29
School District
656 - Faribault
Enjoy the best of both worlds with this charming 4-bedroom, 2-bathroom four-level split brick home, located approximately 50 minutes south of the Twin Cities with easy access to I-35W. Situated on nearly half an acre, this property offers plenty of space both inside and out, with a backyard that feels wonderfully private and country-like. A wooded back border creates a peaceful natural setting and adds to the sense of seclusion.
Inside, you'll find a functional four-level split layout with room for everyone. The kitchen opens to a bright sunroom featuring a cozy gas fireplace, creating a welcoming space to relax or gather with friends and family. A new French door was installed between the kitchen and sunroom in 2025, adding both style and easy access between the spaces.
Major updates provide added peace of mind, including a new roof and new central air conditioning, both completed in 2025. The two-car garage provides convenient parking and storage, while the generous lot offers plenty of room to enjoy the outdoors.
A great opportunity to enjoy space, privacy and a peaceful setting while remaining conveniently accessible to the Twin Cities via I-35W. Come see all this well-maintained home has to offer!
Interior Information
BasementBlock, Finished, Full, Unfinished
AppliancesDishwasher, Dryer, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesGas
Dining RoomKitchen/Dining Room
Interior AmenitiesFrench Doors, Patio, Sun Room
Size & Levels
LevelsFour or More Level Split
Total Finished Sq Ft2,125 sq ft
Above Grade Finished1,454 sq ft
Below Grade Finished671 sq ft
Main Level Finished833 sq ft
Total Area (incl. unfinished)2,740 sq ft
Bathrooms
Full Baths2
Bathroom DetailsFull Primary, Full Basement
Rooms
Main Level Rooms
Living Room20' x 13'
Dining Room11' x 11'
Kitchen12' x 11'
Sun Room16' x 10'
Upper Level Rooms
Bedroom14' x 12'
Bedroom 213' x 11'
Bedroom 39' x 16'
Bathroom8' x 8'
Lower Level Rooms
Family Room22' x 18'
Bedroom 414' x 12'
Bathroom7' x 8'
Laundry11' x 8'
Basement Level Rooms
Unfinished20' x 17'
Utility Room6' x 10'
Exterior & Parking
ExteriorStone
ConstructionBrick
RoofAge 8 Years or Less
FoundationBrick/Mortar
Patio / PorchPatio
Garage Stalls2
Garage Size24x23 (580 sq ft)
Garage Door9' wide x 7' tall
ParkingAttached Garage
Lot & Utilities
Property SubtypeSingle Family
Lot Size0.459 acres
Lot Dimensions100x200
ZoningResidential-Single Family
SubdivisionWestern Heights
TownshipWells Twp
CountyRice
SewerSeptic System Compliant - Yes
WaterWell
Road FrontageCity Street
Financial & Tax Information
Annual Taxes$2,836
Tax Year2026
Tax w/ Assessments$2,836
Assessment PendingNo
Parcel Number1026476006
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 74% of occupied homes are owner-occupied, and the average commute is 15 minutes.
Cost of Ownership
Median home value
$242,000
Lower than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$2,200/yr
Lower than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,516/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$538/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,228/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
74%
Similar to Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1985
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2010-201916%
- 2000-200916%
- 1990-199913%
- 1980-19897%
- 1939 or earlier23%
Types of homes
The share of housing units in each building type.
- Single-family detached56%
- Townhome / attached14%
- 5+ units15%
Getting Around
Average commute
15 min
Lower than the Twin Cities metro
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 alone66%
- Carpool19%
Homes with broadband
89%
Similar to Twin Cities metro overall
The share of households with a broadband internet subscription.
Schools
Faribault Public School District
This home is in the Lincoln Elementary, Faribault Middle and Faribault Senior High attendance areas of Faribault Public School District.
Elementary
More than one school serves this area
Middle
Faribault Middle
- Enrollment
- 594
- Students per teacher
- 13.8
704 17th St SW, Faribault, MN 55021
(507) 333-6300High
Faribault Senior High
- Enrollment
- 956
- Students per teacher
- 18.4
330 9th Ave SW, Faribault, MN 55021
(507) 333-6100Questions and Answers
How much is 2130 198th Street W?
2130 198th Street W in Faribault, MN, is listed at $360,000 as of Oct 31, 2026 ($169 per finished square foot and 29 days on market).
What school district is 2130 198th Street W in?
Faribault Public School District. It is in the attendance areas for Lincoln Elementary (grades K-5, 1.0 mi), Faribault Middle (grades 6-8, 2.5 mi) and Faribault Senior High (grades 9-12, 1.4 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
What are the property taxes for 2130 198th Street W?
Property taxes are $2,836 for 2026. No special assessments are pending.
Does 2130 198th Street W have an HOA fee?
No. The listing shows no homeowners association fee.
Is 2130 198th Street W on city water and sewer?
It has a private well and a private septic system. Minnesota requires a septic disclosure, and many lenders and buyers order a compliance inspection.
What is the commute like from 2130 198th Street W?
The average one-way commute for the surrounding area is 15 minutes, compared with 24 minutes for the Twin Cities metro. About 66% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 2130 198th Street W?
In the surrounding census tract, the median home value is $242,000 and the median property tax bill is $2,200 a year; typical owner costs with a mortgage are $1,516 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 2130 198th Street W?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
