Listed at
$324,900
$75/sqft

Paquins 2nd Add

504 7th Street, Faribault, MN, 55021
6  Bedrooms3  Bathrooms4,326  Square Feet0.5  Acres
Days on market13
Year built1905
Garage spaces4
TypeResidential
Est. $6,747buyer credit when you buy with SODL
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About this home

Historic Elegance. Timeless Character. One Extraordinary Home. Own a remarkable piece of Faribault history with this magnificent Victorian, iconic “Gallagher Home” designed by longtime Minnesota State Architect C.H. Johnston. Situated on an oversized double corner lot, this stately home offers 6 spacious bedrooms, beautiful historic details, generous living spaces, and a unique 4-stall garage converted from a historic dairy barn. A charming front porch welcomes you into the grand foyer and expansive living area, where gorgeous hardwood floors, exquisite stained-glass windows, a breathtaking fireplace, and incredible original woodwork showcase the craftsmanship of a bygone era. Double pocket doors lead to the elegant formal dining room featuring a stunning built-in hutch, while the adjoining butler’s pantry flows into the beautifully updated kitchen with abundant cabinetry, stainless-steel appliances, and a separate pantry room. The main level also offers a comfortable bedroom, half bath, and wonderful three-season screened porch— perfect for relaxing on warm summer evenings. Upstairs you’ll find 4 generously sized bedrooms, a full bathroom, large laundry room, spacious landing, and charming sleeping porch. Framed reproductions of the home’s original blueprints displayed on the landing provide a fascinating connection to its rich architectural history. The third floor features an additional expansive bedroom plus a versatile bonus room ideal for a home office, playroom, studio, or guest retreat. The lower level adds even more living space with a large family room perfect for movie nights and entertaining, along with three storage rooms and additional laundry hookups. Outside, a lovely rail fence complements the home’s stately character, while the impressive 4-stall garage— converted from a historic dairy barn—offers generous upper-level storage and incredible character of its own. With its brand-new roof, historic architecture, beautiful craftsmanship, spacious double lot, 6 bedrooms, and one-of-a-kind character, this extraordinary property is truly a rare find. Photos simply cannot capture everything this home has to offer. Schedule your private showing today and experience this incredible piece of Faribault history for yourself!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1905
LevelsMore Than 2 Stories
Living area4,326 sqft
Above-grade finished2,883 sqft
Below-grade finished1,443 sqft
Lot size0.5 acres (132x165)
Days on market13
ListedSep 16, 2026
MLS #NST7144168
CountyRice
SubdivisionPaquins 2nd Add
Parcel #1830375091

Facts & features

Interior

Bedrooms
6
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Fireplace(s), Hot Water
Cooling
Window Unit(s)
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
More Than 2 Stories
Garage
4 spaces · 988 sqft
Parking features
Attached Garage, Asphalt, Floor Drain, Garage Door Opener
Patio & porch
Front Porch, Patio
Exterior features
Shakes, Wood
Fencing
Split Rail

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,443 sqft
Roof
Age 8 Years or Less
Year built
1905

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Paquins 2nd Add
HOA
No HOA
School district
656 - Faribault
High school district
Faribault

Financial & listing details

Annual tax
$4,848 (2026)
Tax with assessments
4908
Listed
Sep 16, 2026
Days on market
13 · 164 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Finished
HeatingFireplace(s), Hot Water
CoolingWindow Unit(s)
Fireplaces2
LaundryLaundry Room, Upper Level
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
DiningSeparate/Formal Dining Room
AmenitiesHardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features2nd Floor Laundry, 3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorShakes, Wood
RoofAge 8 Years or Less
FoundationBlock
Foundation area1,443 sqft
Patio/porchFront Porch, Patio
Lot featuresCorner Lot
Road frontageCity Street, Curbs, Sidewalks, Street Lights
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Floor Drain, Garage Door Opener
Garage spaces4
Garage size988 sqft

Financial details

Annual taxes$4,848
Tax year2026
Taxes w/ assessments4908
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District656 - Faribault
District number656
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$6,747Estimated buyer credit
SODL platform fee $3,000Your buyer credit $6,747

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

$2,220/mo
Principal & interest$1,707
Property taxes$404
Home insurance (est.)$108
%
$64,980
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

504 7th Street, Faribault, MN, 55021

Listing information

MLS #NST7144168
StatusActive
Last updatedSep 17, 2026, 10:09 AM
Originally listedSep 16, 2026, 11:04 AM
Listing officeWeichert, REALTORS- Heartland

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.