For Sale: Eldorado Twp MLS# 6600211
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Property Description
Tillable land for sale in Stevens County! This farm maintains 95 +/- acres of tillable ground with an average Crop Production Index rating of close to 60. Located 7 miles SW of Herman, this property presents a great opportunity for someone looking to invest in land as it will provide a solid rate of return. This would also be an excellent property for someone looking to add to their existing farming operation for the 2025 growing season. Much of the land is relatively flat and straight, along with having road access on two sides. If you are looking to grow your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further! Land it rented through November 30th, 2024. There is an active right of first refusal on the property.
*Yearly rent income of $21, 600, current rent contract expires November 30th, 2024
*7 Miles SW of Herman
*17 miles East of Wheaton
*21 miles NW of Morris
*Currently planted in Oats
Listing
Listing Status:
Active
Contingency:
None
List Price:
$807,500
Property Type:
Farm
City:
Eldorado Twp
County:
Stevens
State:
MN
Property Style:
Other
Zip Code:
56248
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- Township
- Unpaved Streets
Lot & Land
Acres:
95
Geolocation:
45.7474922481, -96.2167258763
Inclusions:
Survey
Lot Dimensions:
Irregular
Wooded Acres:
0
Addl Parcels:
160017200
Restrictions:
Right of first Refusal
Zoning:
Agriculture
Lot Description:
Tillable
Farm
Farm Type:
Crop
Soil Type:
Loam, Other
Crop Type:
Beans, Corn, Other
Tillable Acres:
95
Pasture Acres:
0
Topography:
Gently Rolling, Level
Schools
School District:
264
District Phone:
320-677-2291
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,102
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,102
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
95.000
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- Electricity Available
- None Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Weiss Realty LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.