504 7th Street NW, Faribault, MN 55021 (MLS# 7046739)

504 7th Street NW, Faribault, MN 55021

$349,900
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 4,326 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $349,900 List Date: 4/03/2026 Last Modified: 8/22/2026

Overview

Description

ATTENTION...LISTING UPDATE...THIS HOME HAS A BRAND NEW ROOF! Introducing a magnificent Victorian home, deeply rooted in the history of Faribault and recognized as one of the iconic “Gallagher Homes” designed by the long time state architect C.H. Johnston. This regal residence features 6 generously sized bedrooms and 2 elegant bathrooms, all nestled on a sprawling oversized double corner lot that offers an abundance of outdoor space. As you approach this enchanting property, you are greeted by a charming, large front porch, perfect for relaxing on summer days. The inviting wooden front door opens into a grand foyer that beckons you into the expansive great room and living area, where you’ll discover a breathtaking fireplace, exquisite stained glass windows, and stunning hardwood floors that reflect the home's timeless elegance. Double pocket doors gracefully separate the grand living area from the formal dining room, a space that showcases intricate woodwork and a gorgeous built- ...

Listing Details MLS# 7046739

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Waterfront YN
No
Year Built
1905
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1443
Above Grd Total SqFt
2883
Below Grd Total SqFt
1443
Total SqFt
4326
Total Finished Sqft
4326.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1443
Garage Stalls
4
Lot Dimensions
132x165
Acres
0.5
Assessment Pending
Unknown
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Unit: Hardwood Floors; Kitchen Window; Natural Woodwork; Patio; Porch; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Exterior: Shakes; Wood Family Room Characteristics: Family Room Fencing: Split Rail Fireplace Characteristics: Living Room; Primary Bedroom Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Laundry: Laundry Room; Upper Level Lot Description: Corner Lot Parking Characteristics: Floor Drain; Garage Door Opener Road Frontage: City Street; Curbs; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Main Floor Bedroom Stories: More Than 2 Stories Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
380000
ListPrice
349900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
504
Street Name
7th
Street Suffix
Street
Street Direction Suffix
NW
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Paquins 2nd Add

Assessments

Assessment Balance
60
Tax With Assessments
4908

Building Information

Finished SqFt Above Ground
2883
Finished SqFt Below Ground
1443

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
988
Floor Drain
Yes
Garage Door Opener
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
PAQUINS 2ND L9 & L10 B4
Listing City
Faribault
Map Page
999
Municipality
Faribault
School District
Faribault
School District Phone
507-333-6016
Zip Plus 4
4169
Property ID Number
1830375091
Tax Year
2026
Tax Amount
4848
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
ATTENTION...LISTING UPDATE...THIS HOME HAS A BRAND NEW ROOF! Introducing a magnificent Victorian home, deeply rooted in the history of Faribault and recognized as one of the iconic “Gallagher Homes” designed by the long time state architect C.H. Johnston. This regal residence features 6 generously sized bedrooms and 2 elegant bathrooms, all nestled on a sprawling oversized double corner lot that offers an abundance of outdoor space. As you approach this enchanting property, you are greeted by a charming, large front porch, perfect for relaxing on summer days. The inviting wooden front door opens into a grand foyer that beckons you into the expansive great room and living area, where you’ll discover a breathtaking fireplace, exquisite stained glass windows, and stunning hardwood floors that reflect the home's timeless elegance. Double pocket doors gracefully separate the grand living area from the formal dining room, a space that showcases intricate woodwork and a gorgeous built-in hutch, perfect for displaying treasured China. The adjoining butler's pantry offers ample storage and convenience, leading you seamlessly into a beautifully updated kitchen. This culinary haven boasts an abundance of cabinet space, sleek stainless steel appliances, and an efficient pantry room to accommodate all your kitchen essentials. As you continue to explore the main level, you’ll find a delightful three-season screened porch, an ideal spot for savoring warm summer evenings while surrounded by nature. Also, a convenient half bathroom and a comfortable bedroom, perfect for guests or family members seeking privacy and relaxation. Venture upstairs to discover a retreat featuring 4 spacious bedrooms, each offering ample natural light and comfort. The layout includes a generous landing area, a full bathroom, and a thoughtfully located large laundry room, along with a cozy sleeping porch that provides an intimate escape. You'll also appreciate the framed reproductions of the original blueprints displayed on the landing, telling a story of the home’s rich heritage. The third floor reveals yet another expansive bedroom, coupled with a versatile bonus room that can serve multiple purposes, such as a home office, playroom, or additional guest space. Descend into the basement, where an expansive family room awaits, perfectly suited for lively game nights or cozy movie marathons. This level includes laundry hookups in one of the three storage rooms and features a fur safe, blending practicality with peace of mind. The property is surrounded by a lovely rail fence, enhancing its stately charm and providing an added sense of privacy. Completing this extraordinary home is a 4-stall garage, cleverly converted from a historic dairy barn, offering generous upper-level storage and a unique character that ties back to the property’s rich past. This stunning home is a rare gem, offering a blend of historic grandeur and modern convenience. It truly needs to be seen in person to be fully appreciated—call today to experience a piece of Faribault history before it’s gone!
Directions
Highway 21 south, left onto 7th Street, Home on the left

Accessible

None
Yes

Air Conditioning

Window Unit(s)
Yes

Amenities Unit

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Patio
Yes
Porch
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Concrete Block
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Separate/Formal Dining Room
Yes

Exterior

Shakes
Yes
Wood
Yes

Family Room Characteristics

Family Room
Yes

Fencing

Split Rail
Yes

Fireplace Characteristics

Living Room
Yes
Primary Bedroom
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Hot Water
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes
Upper Level
Yes

Lot Description

Corner Lot
Yes

Patio, Porch and Deck Features

Front Porch
Yes
Patio
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
Main Floor Bedroom
Yes

Stories

More Than 2 Stories
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Three Season Porch 7x22 Upper
Bonus Room 13x15 Lower
Deck 15x18 Main
Dining Room 13x15 Main
Family Room 21x16 Main
Family Room 30x31 Lower
Fifth (5th) Bedroom 10x11 Upper
First (1st) Bedroom 12x12 Main
Fourth (4th) Bedroom 10x12 Upper
Foyer 4x7 Main
Kitchen 11x13 Main
Laundry 11x13 Lower
Living Room 14x16 Main
Mud Room 7x7 Main
Pantry (Walk-In) 8x11 Main
Porch 8x36 Main
Porch 9x11 Main
Second (2nd) Bedroom 13x15 Upper
Third (3rd) Bedroom 13x15 Upper
Other 9x10 Lower
Storage Room 9x19 Lower
IDX
Listing Office: Weichert, REALTORS- Heartland
Last Updated: August - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.