Yes....that is the correct price! And yes....you will need more than a toolbox! This abandoned home is not pretty but loaded with potential. Secluded 1.8 acres just 10 minutes from downtown Faribault and 12 minutes from Kenyon on less than 1/4 mile of gravel. Beautiful wooded country setting! The house and one outbuilding can be renovated. Garage will need to come down and there are several outbuildings already down that will need to be removed from the property. Roof is damaged, no water to the house, set up for LP but no tank, furnace is present but no heat to the house for approx the last 2 years, there is electricity to the home. Well is undetermined if salvagable and no septic. There may not be another opportunity like this....are you ready to begin the transformation? Call today for more details.
Closed
$76,500
7491 200th St E, Faribault, MN 55021
2beds
1,468sqft
Single Family Residence
Built in 1918
1.8 Acres Lot
$117,400 Zestimate®
$52/sqft
$1,669 Estimated rent
Home value
$117,400
$85,000 - $160,000
$1,669/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 03:43am
Listed by:
Daryl Bauer 952-240-5773,
Re/Max Advantage Plus
Bought with:
Daryl Bauer
Re/Max Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6316760
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Main Floor Full Bath
Heating
- None
Cooling
- None
Features
- Basement: Block,Full
Interior area
- Total structure area: 1,468
- Total interior livable area: 1,468 sqft
- Finished area above ground: 892
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 1.80 Acres
- Dimensions: 1.8 Acres
- Features: Many Trees
Details
- Additional structures: Storage Shed
- Foundation area: 696
- Parcel number: 1231200001
- Zoning description: Residential-Single Family
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Age of Property: 107
- New construction: No
- Year built: 1918
Utilities & green energy
- Gas: Propane
- Sewer: None
- Water: Well
Community & neighborhood
Location
- Region: Faribault
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2023 | Sold | $76,500+53.3%$52/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6316760 | ||
| 12/17/2022 | Pending sale | $49,900$34/sqft |
Source:  RE/MAX International #6316760 | ||
| 12/14/2022 | Listed for sale | $49,900-40.7%$34/sqft |
Source: RE/MAX International #6316760 | ||
| 4/27/2022 | Sold | $84,085$57/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,062 +7.1% | $136,800 +6.7% |
| 2024 | $992 +28.8% | $128,200 +5.3% |
| 2023 | $770 +9.7% | $121,700 +13.2% |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 5 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 6.5 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 6.6 mi
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$117,400
2% more+ $2,348
With Zillow Showcase(estimated)
$119,748