2245 198th Street W - Photo 1
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2245 198th Street W
2245 198th Street W
2245 198th Street W
2245 198th Street W
2245 198th Street W

2245 198th Street W, Faribault, MN 55021 - MLS# 7165020

MLS® #: 7165020|Days on Market: 9|Listed: Nov 2, 2026

$360,000

Open HouseNov 14, 9 - 10:30 AM
Bedrooms
3
Bathrooms
3
Square Feet
2,503
Acres
0.09
Year Built
2004
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
2
Days on Market
9
School District
656 - Faribault

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!

2245 198th Street W, Faribault, MN 55021

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Open Houses

  • NOV14
    Saturday
    9 - 10:30 AM

Interior Information

BasementBlock, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump, Walkout
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Rented
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Hall, Main Level
Dining RoomInformal Dining Room, Kitchen/Dining Room, Living/Dining Room
Interior AmenitiesCeiling Fan(s), Deck, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, In-Ground Sprinkler, Vaulted Ceiling(s), Walk-In Closet
AccessibilityGrab Bars In Bathroom

Size & Levels

LevelsOne
Total Finished Sq Ft2,503 sq ft
Above Grade Finished1,283 sq ft
Below Grade Finished1,220 sq ft
Main Level Finished1,283 sq ft
Total Area (incl. unfinished)2,566 sq ft

Bathrooms

Full Baths1
3/4 Baths2
Bathroom Details3/4 Basement, Main Floor 3/4 Bath, Main Floor Full Bath

Rooms

Main Level Rooms

Living Room13' x 15'
Dining Room10' x 15'
Kitchen13' x 14'
Bedroom13' x 14'
Bedroom 211' x 13'

Lower Level Rooms

Den12' x 15'
Bedroom 312' x 18'
Screened Porch10' x 12'

Exterior & Parking

ExteriorStone, Vinyl
RoofAge 8 Years or Less
FoundationBlock
Patio / PorchDeck, Rear Porch, Screened
Garage Stalls2
Garage Size24x24 (576 sq ft)
ParkingAttached Garage, Concrete, Garage Door Opener

Lot & Utilities

Property Subtype(TH) Side x Side
Townhouse TypeEnd Unit
Lot Size0.09 acres
Lot Dimensions52x76
ZoningResidential-Single Family
SubdivisionBirn Hill 4th Add
TownshipFaribault
CountyRice
SewerCity Sewer - In Street
WaterCity Water - In Street

Homeowners Association

Association Fee$300 / month
AssociationCarriage Crossing Association
Fee IncludesBuilding Exterior, Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal

Financial & Tax Information

Annual Taxes$3,802
Tax Year2026
Tax w/ Assessments$3,862
Parcel Number1826402025
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

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

Similar to the Faribault median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$2,200/yr

Lower than the Faribault median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,516/mo

Similar to the Faribault median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$538/mo

Lower than the Faribault median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,228/mo

Higher than the Faribault median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

74%

Higher than Faribault overall

The share of occupied homes lived in by their owners.

Median year built

1985

Newer than the Faribault median

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 Faribault median

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 Faribault overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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

Lincoln Elementary

Grades K-5 · 1.1 mi away

Enrollment
391
Students per teacher
12.2

510 Lincoln Ave NW, Faribault, MN 55021

(507) 333-6600

Middle

Faribault Middle

Grades 6-8 · 2.6 mi away

Enrollment
594
Students per teacher
13.8

704 17th St SW, Faribault, MN 55021

(507) 333-6300

High

Faribault Senior High

Grades 9-12 · 1.6 mi away

Enrollment
956
Students per teacher
18.4

330 9th Ave SW, Faribault, MN 55021

(507) 333-6100

School assignments can change. Verify enrollment with Faribault Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Questions and Answers

How much is 2245 198th Street W?

2245 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).

What school district is 2245 198th Street W in?

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.

What are the property taxes for 2245 198th Street W?

Property taxes are $3,802 for 2026, or $3,862 including special assessments.

Does 2245 198th Street W have an HOA fee?

Yes. The HOA fee is $300 (monthly).

What is the commute like from 2245 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 2245 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 2245 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.

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Listed by: Weichert, REALTORS- Heartland
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.