504 7th Street NW
Faribault, MN, 55021 $ 324,900
Bedrooms6 Baths2.1 Sq 4,326 Monthly Estimate*
$ 2,244
for $324,900 with 6 bedrooms and 2 full baths, 1 half bath. This 4,326 square foot home was built in 1905 on a lot size of 0.5.
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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FeaturesGeneralLiving Area 4326
Sewer City Sewer/Connected
Heating Fireplace(s) Hot Water
Cooling Window Unit(s)
Roof Age 8 Years or Less
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
HOA Fee 0
Garage Spaces 4
Year Built 1905
Levels More Than 2 Stories
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Rice
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Paquins 2nd Add
Full Baths 1
Directions Highway 21 south left onto 7th Street Home on the left
City Faribault
High School District Faribault
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4848
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors Kitchen Window Natural Woodwork Patio Porch Washer/Dryer Hookup
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InteriorBasement Block Daylight/Lookout Windows Finished
Total Fireplaces 2
Fireplace Features Living Room Primary Bedroom
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2883
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Room Upper Level
Total Bedrooms 6
Below Grade Finished Area 1443
Total Baths 3
Bath Desc Main Floor 1/2 Bath Upper Level Full Bath
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 988
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ExteriorFencing Split Rail
Parking Features Attached Garage Asphalt Floor Drain Garage Door Opener
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.5
Building Area Total 4326
Lot Dimensions 132x165
Waterfront Y/N N
Foundation Area 1443
Road Frontage Type City Street Curbs Sidewalks Street Lights
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByMichelle JasinskiListing Agent
Faribault - Weichert, Realtors® - HeartlandBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,244
- Monthly Property Taxes
- $404
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Faribault, MN
Average List Price $429,502
Percent of Sale Price 32%
About Faribault, MN 24,571 Population
16% Since 2002
$ 51,554 Median Income
37.15 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2026 | $324,900 | | Listed Price |