For Sale: Crate Twp MLS# 6640304
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Property Description
120 +/- acres of highly productive tillable land being offered in Chippewa County! Approximately 114 +/- acres are tillable with a Crop Production Index rating of 71.4. Much of this property is gently rolling, has a straight layout and also maintains a good amount of drain tiling throughout. This would be an excellent property for someone looking to add to their existing farming operation for the 2025 growing season as the current rent contract expires February 28th, 2025. If you are looking to develop 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!
*Yearly rent income of $43, 083, current rent contract expires February 28th, 2025
*Available to be farmed for the 2025 growing season
*Great addition to any farming operation
*Exceptional option to complete a 10-31 tax exchange
*7 miles to nearest grain elevator
*10 miles from Clara City
*20 miles from Willmar and Montevideo
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,300,000
Property Type:
Farm
City:
Crate Twp
County:
Chippewa
State:
MN
Property Style:
Other
Zip Code:
56222
Exterior
Fencing:
None
Road Responsibility:
Public Maintained Road
Road Frontage:
Township
Lot & Land
Acres:
120
Geolocation:
45.0597366242, -95.4250672795
Inclusions:
For Sale Sign
Lot Dimensions:
Irregular
Restrictions:
None
Zoning:
Agriculture
Lot Description:
Tillable
Farm
Farm Type:
Crop
Soil Type:
Loam
Agricultural Water:
Other
Crop Type:
Beans, Beets, Corn
Tillable Acres:
114
Topography:
Gently Rolling
Schools
School District:
2180
District Phone:
320-847-2154
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,561
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,572
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
120.000
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.