$334,900

2245 198th St W Faribault, MN 55021

$3,977
Closing credit¹
3 beds
1 full
2,503 sqft
$134 / sqft
Townhouse

Property details

About 2245 198th St W

JUST ADD TOOTHBRUSH! Rare, turnkey, & totally loaded—cancel your other showings, because this oversized country-in-the-city 3BR + Den, 3BA townhome comes with EVERYTHING: a dreamy furniture lineup, TVs, decor... the whole shebang! Just roll in with your suitcase. We’ve got the rest covered. With over 2,500 finished square feet, it lives like a single-family home—offering the kind of stretch-out space that’s tough to find in townhome living. The layout? It's a vibe. A wide-open kitchen, dining, & living area that blends like your favorite playlist. Black stainless appliances sparkle, and whether you’re cooking, chatting, dancing, or Netflixing—it’s all part of one bright, happy space. The bedrooms are BIG—we’re talking “cartwheels-in-your-PJs” big. The main-floor primary suite is your personal escape, with a roomy walk-in closet & a private bath that checks all the boxes: a handicapped-accessible shower with bench, grab bars, plus an ADA-height toilet. And yes, laundry’s right on the main level too—easy-peasy everyday living. There’s also a freshly stained deck on the main level—made for sun-soaking, glass-clinking, & guilt-free lounging. Head downstairs for the fun stuff: movie nights with popcorn in the jumbo-sized family room, a massive bedroom with a two-part walk-in closet—perfect for shoe lovers, sweater stackers, & secret gift stashers—& a den that's ready to be your office, gym, or whatever your heart’s into. And don’t miss the absolutely dreamy screened-in walkout patio, complete with a brand new gas fire pit—perfect for slow mornings, late-night chats, & cozy s’mores under the stars. Updates? Oh yes—we’ve got ’em! Recent updates include the water heater, furnace, central A/C, garage door + opener, & a water filtration system. Even the roof is newer! Outside, it’s a peaceful retreat—scenic views, blooming crabapple trees, & lush green space that wraps you in your own private pocket of calm. Pops of color from gorgeous annuals bring the whole setting to life. It feels like the country out here—where fireflies flicker, stars shine bright, & the quietest nights feel the most magical. No mower? No problem. The Association handles the lawn, snow, waste pickup, & even the irrigation system—so you can just relax & enjoy. Comfy couches, dreamy decor, & everything in between—it’s all yours if you want it. Prefer a blank slate? That's cool too! We’re easy. Either way, this home brings the warmth, the space, & the “I’m home” feeling. It’s all waiting for you—even the fresh new welcome mat!

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,503 sqft
BasementYes
Year built2004
ParkingAttached Garage, Concrete, Garage Door Opener
MLS #6722792
Attached garage2 spaces

Summary

  • Full Bathrooms: 1
  • Appliances: Microwave, Range, Refrigerator
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $334,900
  • Price/SqFt: $133
  • HOA Amount: $270 Monthly
  • Annual Tax Amount: $3,514
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: Head north on Western Avenue NW from Highway 60. Turn left (west) onto 198th Street W.
  • Year Built: 2004
  • Living Area: 2,503 SqFt
  • MLS Number: 6722792
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Experts

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Get an agent. Get a mortgage. Save big.¹

2245 198th St W, Faribault, MN 55021 - ranch-style house featuring a garage, stone siding, driveway, and a lawn

$334,900

2245 198th St W

$3,977

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2016
Home Sold
$185,000
Apr 30, 2004
Home Sold
$179,975
Apr 30, 2004
Home Sold
$27,000

Tax history

YearAssessmentProperty Tax
2024$306,500$3,514
2023$306,500$2,636
2022$273,200$2,848
2021$231,000$2,636
2019$195,400$2,568
2018$168,700$2,260
2017$165,400$2,276

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District KG-5

1.1 mi

510 Lincoln Ave NW

3

Jefferson Elementary School

Public District KG-5

1.8 mi

922 Home Pl

5

Roosevelt Elementary School

Public District KG-5

2.7 mi

925 Parshall St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,417. The majority of Faribault, MN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
47%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
13%
Single, with Kids
32%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • SoccerSoccer

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • ArbysArbys
  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • LincolnLincoln
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2245 198th St W

The listing price of 2245 198th St W property is $334,900.

The property 2245 198th St W is a townhouse located in Faribault, Minnesota, 55021.

Active Listing: 2245 198th St W is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2245 198th St W are: Lincoln Elementary School (GreatSchools Rating 5/10), Jefferson Elementary School (GreatSchools Rating 3/10), Roosevelt Elementary School (GreatSchools Rating 5/10), Cannon River STEM School (GreatSchools Rating 4/10), Faribault Middle School (GreatSchools Rating 2/10), Waterville - Elysian - Morristown Junior High School (GreatSchools Rating 6/10), Faribault High School (GreatSchools Rating 4/10), Faribault Area Learning Center (GreatSchools Rating 2/10), Medford Secondary School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $3,514 (source: MLS/based on county public records data).

The last sale was on March 1, 2016 for $185,000 (source: MLS/tax record).

The property at 2245 198th St W has 3 bedrooms and 3 bathrooms.

The property 2245 198th St W is 2,503 SqFt (source: MLS/tax record).

The year of construction for 2245 198th St W is 2004.

This home is located at 2245 198th St W in Faribault, MN and zip code 55021. This 2,503 square foot home was built in 2004. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $334,900.

While more than 4 listings in Faribault, MN in April 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 10 were sold below. In April 2025 in Faribault, MN there were 37.8% more homes for sale than in March. The median list price of listings available in April 2025 was $320,000, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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