Lincoln Elementary
- Enrollment
- 391
- Students per teacher
- 12.2
510 Lincoln Ave NW, Faribault, MN 55021
(507) 333-6600





ROOM TO SPREAD OUT, SPACE TO ENTERTAIN, AND A SETTING YOU’LL LOVE! Discover the best of low-maintenance living in this spacious 3-bedroom plus den, 3-bath townhome with over 2,500 finished square feet! With its generous room sizes, flexible floor plan, and peaceful surroundings, this home offers the comfort and space you might not expect from townhome living. The main level features an inviting open-concept design that brings the kitchen, dining area, and living room together beautifully. Black stainless steel appliances add a modern touch, while the flowing layout makes everyday living and entertaining feel effortless. The main-floor primary suite offers a relaxing retreat with a walk-in closet and private bathroom featuring an accessible shower with a built-in bench and grab bars, plus an ADA-height toilet. Main-level laundry adds another layer of convenience. Enjoy the outdoors from the freshly stained deck or head to the lower-level screened-in patio, where it creates the perfect setting for relaxing evenings and gathering with friends. Downstairs, you’ll appreciate the expansive family room, an oversized bedroom with a two-section walk-in closet, and a separate den that can easily accommodate a home office, fitness area, hobby room, or additional flex space. Several important updates provide added peace of mind, including the water heater, furnace, central air conditioning, garage door and opener, and water filtration system. The roof is newer as well! The outdoor setting is equally appealing, with scenic views, open green space, this home deserves a spot on your must-see list!
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.
$242,000
Similar to the Faribault median
The midpoint of estimated values for owner-occupied homes.
$2,200/yr
Lower than the Faribault median
The midpoint of annual property taxes paid by homeowners.
$1,516/mo
Similar to the Faribault median
Median monthly housing costs for owners with a mortgage.
$538/mo
Lower than the Faribault median
Median monthly housing costs for owners without a mortgage.
$1,228/mo
Higher than the Faribault median
The midpoint of monthly gross rent, including utilities.
74%
Higher than Faribault overall
The share of occupied homes lived in by their owners.
1985
Newer than the Faribault median
The midpoint of years when homes in the area were built.
The share of homes built during each period.
The share of housing units in each building type.
15 min
Lower than the Faribault median
The average one-way travel time to work for commuters.
The share of workers using each listed way to get to work.
89%
Similar to Faribault overall
The share of households with a broadband internet subscription.
Faribault Public School District
This home is in the Lincoln Elementary, Faribault Middle and Faribault Senior High attendance areas of Faribault Public School District.
More than one school serves this area
510 Lincoln Ave NW, Faribault, MN 55021
(507) 333-6600704 17th St SW, Faribault, MN 55021
(507) 333-6300330 9th Ave SW, Faribault, MN 55021
(507) 333-61002245 198th Street W in Faribault, MN, is listed at $360,000 as of Nov 11, 2026 ($144 per finished square foot and 9 days on market).
Faribault Public School District. It is in the attendance areas for Lincoln Elementary (grades K-5, 1.1 mi), Faribault Middle (grades 6-8, 2.6 mi) and Faribault Senior High (grades 9-12, 1.6 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
Property taxes are $3,802 for 2026, or $3,862 including special assessments.
Yes. The HOA fee is $300 (monthly).
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.
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.
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.