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5655 154th St E, Faribault, MN, 55021

5beds
4baths
2,866sqft
$559,900
$195price/sqft
$3,960/moest. monthly cost
$158,400/yrincome needed

About This Home

Set on a picturesque one-acre lot just four miles South of Northfield, this custom-built rambler offers the ideal balance of peaceful country views and modern convenience. Situated in an established HOA community with fully paved roads-meaning zero gravel to traverse-the home features a prefinished LP SmartSide exterior, a spacious concrete driveway, Anderson windows, in-ground sprinklers, and professionally landscaped grounds, complete with a garden right outside the kitchen door. Inside, the bright, open layout is designed for effortless single-level living, offering main-level laundry, well-lit spaces, ample storage throughout, and three main-level bedrooms. The functional layout continues into the fully finished lower level, which includes two additional bedrooms-one featuring a built-in vanity nook with a sink and mirror-and an expansive rec room ready to adapt as a home theater, gym, or flexible living space. Car enthusiasts and hobbyists will appreciate the exceptionally built, fully insulated garage featuring 2x6 exterior framing, insulated ceilings, gas heat for year-round use, floor drains plumbed out to the ditch, and built-in shelving and workbench space. Delivering quiet rural living with easy access to town, this property is built to impress inside and out.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
8/10
Northfield Middle SchoolGrades 6-85.0 mi
9/10

Construction

Condition

  • Year built: 2015

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Finished,Full

Bedroom

  • Level: Main
  • Area: 143.75
  • Dimensions: 11.5x12.5

Bedroom2

  • Level: Main
  • Area: 202.5
  • Dimensions: 13.5x15

Bedroom3

  • Level: Main
  • Area: 188.5
  • Dimensions: 13x14.5

Bedroom4

  • Level: Lower
  • Area: 203
  • Dimensions: 14x14.5

Bedroom5

  • Level: Lower
  • Area: 189
  • Dimensions: 10.5x18

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 130.5
  • Dimensions: 14.5x9

Features

  • Finished area below ground: 1,191
  • Finished area above ground: 1,675

Foyer

  • Level: Main
  • Area: 285
  • Dimensions: 15x19

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,350
  • Total interior livable area: 2,866 sqft

Kitchen

  • Level: Main
  • Area: 202.5
  • Dimensions: 15x13.5

Laundry

  • Level: Main
  • Area: 142.5
  • Dimensions: 19x7.5

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Patio

  • Level: Main
  • Area: 286
  • Dimensions: 13x22

Recreation Room

  • Level: Lower
  • Area: 576
  • Dimensions: 32x18

Storage

  • Level: Lower
  • Area: 236.5
  • Dimensions: 21.5x11

Utility Room

  • Level: Lower
  • Area: 241.5
  • Dimensions: 23x10.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1102151013
  • Zoning description: Residential-Single Family
  • Foundation area: 1675

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 132 x 330

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete,Floor Drain,Garage,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather
Drought
Lightning

FEMA Declared Disasters in Rice County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,831$33,972
Home Insurance *$390$4,680
Property Taxes $498$5,976
Electricity $241$2,900
Total$3,960$47,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,771/yr
40% on housing$118,800/yr
45% on housing$105,600/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 55021$157
Rice County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55021$154
Rice County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$559,900
2026-07-24Listed for sale$559,900
2017-11-22Sold$317,000
2017-07-14Price change$369,900
2017-06-20Listed for sale$379,900

For Sale by Agent

AgentTim Freeland
BrokerageEdina Realty, Inc.

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