Listed at
$564,750
$197/sqft

Meadows 3rd Add

1195 Ivy Way, Faribault, MN, 55021
4  Bedrooms3  Bathrooms2,870  Square Feet0.259  Acres
Days on market420
Year built2025
Garage spaces3
TypeResidential
Est. $13,943buyer credit when you buy with SODL
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About this home

NEW PHOTOS OF THIS HOME! This home qualifies for Builder's and their preferred lender's PERMANENT RATE BUY-DOWN! Discover the perfect blend of main-level convenience and flexible living space! This thoughtfully designed home welcomes you with an open-concept kitchen featuring a spacious pantry, seamlessly connected to the dining area and great room—perfect for entertaining or everyday living. Cozy up by the fireplace with its modern tile surround, while expansive windows invite natural light and showcase scenic views throughout the main living area. The main level also includes a conveniently located laundry room near the mudroom entry for added ease. The primary suite offers a peaceful retreat, complete with dual vanities, ample counter space, a sleek ceramic tile shower, and a walk-in closet. An additional bedroom and full bath on the main level provide comfort and flexibility. Downstairs, the lower level expands your living options with a large family room that includes a wet bar—ideal for hosting or relaxing. Two additional bedrooms, a ¾ bathroom, and a generous unfinished area offer the space and potential to suit your lifestyle needs. Whether you're looking to move in or build from the ground up, this home is a beautiful opportunity to make your next move. Your Home... your way... from our Family to yours! All measurements are architectural measurements.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2025
LevelsOne
Living area2,870 sqft
Above-grade finished1,667 sqft
Below-grade finished1,203 sqft
Lot size0.259 acres (87X130X87X130)
Days on market420
ListedAug 5, 2025
New constructionYes
MLS #NST6764570
CountyRice
SubdivisionMeadows 3rd Add
Parcel #1820452008

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 2 3/4
Heating
Forced Air
Cooling
Central Air
Laundry
Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Property

Levels / stories
One
Garage
3 spaces · 30.5X24 · 732 sqft
Parking features
Attached Garage, Asphalt
Pool
None
Fencing
None
Lot size
0.259 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete, Frame
Foundation
1,611 sqft
Roof
Age 8 Years or Less, Asphalt, Pitched
Builder
FIELDSTONE FAMILY HOMES INC

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision
Meadows 3rd Add
HOA
No HOA
School district
Faribault

Financial & listing details

Annual tax
$590 (2024)
Listed
Aug 5, 2025
Days on market
420
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths2
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Drain Tiled, Drainage System, Egress Window(s), Finished, Concrete, Sump Basket, Sump Pump, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryGas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
DiningInformal Dining Room
AccessibilityOther
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

RoofAge 8 Years or Less, Asphalt, Pitched
Foundation area1,611 sqft
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt
Garage spaces3
Garage size732 sqft

Financial details

Annual taxes$590
Tax year2024
Taxes w/ assessments590
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number2145
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$13,943Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,943

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,205/mo
Principal & interest$2,968
Property taxes$49
Home insurance (est.)$188
%
$112,950
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1195 Ivy Way, Faribault, MN, 55021

Listing information

MLS #NST6764570
StatusActive
Last updatedApr 19, 2026, 1:28 PM
Originally listedAug 5, 2025, 12:07 PM
Listing officeFieldstone Real Estate Specialists

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.