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3405 240th St E, Faribault, MN 55021

$488,000

Last sold date unavailable

  • 4

    bed

  • 2

    bath

  • 1,556

    Sqft ($228/Sqft)

House not for sale
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About 3405 240th St E

Property type House
Year built 1955
HOA fee $0/month
Lot size 6 Sqft
Movoto estimate
Property description
This 4-bedroom, 2-bathroom single-family home is located at 3405 240th St E, Faribault, MN, 55021 in Rice County and was built in 1955. This home offers 1,556 square feet of living space on a 5.7-acre lot. The estimated market value is $488,000, approximately $314 per square foot.
$488K
Range: $248K-$727K
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $3,264 +2.1%
    $434,000 +12.12%
  • 2024
    $3,196 +4.0%
    $387,100
  • 2023
    $3,072 +2.7%
    $387,100 +9.91%
  • 2022
    $2,990 +4.6%
    $352,200 +9.24%
  • 2021
    $2,858 +7.6%
    $322,400 +6.23%
  • 2020
    $2,656 +3.0%
    $303,500 +8.2%
  • 2019
    $2,578 +18.8%
    $280,500 +3.28%
  • 2018
    $2,170 -2.6%
    $271,600 +18.29%
  • 2016
    $2,228
    $229,600
  • 3405 240th St E
    $355K
  • —
  • 55021
    $379K +8% y/y
  • Faribault
    $379K +8% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
3388 240th St E, Faribault, MN 55021 $546,000 3/2 2,024 0.08
23980 Cates Ave, Faribault, MN 55021 $198,000 3/2 1,248 0.1
3601 240th St E, Faribault, MN 55021 $427,000 2/1 1,384 0.18
3657 240th St E, Faribault, MN 55021 $761,000 2/4 2,468 0.25
24257 Cates Ave, Faribault, MN 55021 $471,000 3/1 1,428 0.26
23876 Cates Ave, Faribault, MN 55021 $569,000 2/2 2,265 0.26
3325 240th St E, Faribault, MN 55021 $550,000 4/3 1,524 0.27
3697 240th St E, Faribault, MN 55021 $432,000 3/1 1,216 0.29

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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5/10
Medford Elementary School
public Grades PK, K-6
Medford Public School District
5/10
Medford Secondary
public Grades 7-12
Medford Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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