$324,900
 $1,744 est/mo Sourced by Back At You

504 7th Street NW,Faribault, MN 55021

Faribault, MN 55021

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Description

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!

Details

MLS #7144168
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1905
Days On Site30
Listing Provided ByWeichert, REALTORS- Heartland | Michelle L. Jasinski

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet4,326
Garage4
BasementY
ZoningResidential-Single Family
Acreage0.50

Interior

CoolingWindow Unit(s)
HeatingFireplace(s), Hot Water
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

RoofAge 8 Years or Less
Lot FeaturesCorner Lot

Parking

Parking FeaturesAttached Garage, Asphalt, Floor Drain, Garage Door Opener

Taxes

Property4848

Area Information

StateMN
CountyRice
CityFaribault
Zip Code55021
Community NamePaquins 2nd Add
School District656
High SchoolFaribault
Listing VS Median (in Paquins 2nd Add)
Price:
$324,900
low | high
Med:
$280,000
63.819636811327% of Average
sqft:
4,326
low | high
Med:
2,264
97.665279704115% of Average
$ / sqft:
$75
low | high
Med:
$124
14.671489025707% of Average
On site:
30
low | high
Med:
77
38.961038961039% of Average
Sourced by Back At You

Market Activity 55021

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 17, 2026 at 12:42:12 AM PDT 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.

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Learn More About This Property

StateMN
CountyRice
CityFaribault
Zip Code55021
Community NamePaquins 2nd Add
School District656
High SchoolFaribault
Listing VS Median (in Paquins 2nd Add)
Price:
$324,900
low | high
Med:
$280,000
63.819636811327% of Average
sqft:
4,326
low | high
Med:
2,264
97.665279704115% of Average
$ / sqft:
$75
low | high
Med:
$124
14.671489025707% of Average
On site:
30
low | high
Med:
77
38.961038961039% of Average
Sourced by Back At You
Listing Updated: October 7, 2026 at 4:31:03 AM PDT