TBD Industrial Dr. SE, Elgin, MN 55932

$1
Property Type: Land Lot Size (sq. ft.): 2,342,221 Status: Pending
Current Price: $1 List Date: 9/26/2025 Last Modified: 4/15/2026

Overview

Description

Excellent opportunity to own 53.77 +/- acres all located in the City limits of Elgin, MN. through the Joe and Penny Bianchi Trust Land Auction. These lands offer amazing opportunity of both Commercial and Residential future development. This offering of land gives ample opportunity for a buyer to farm the land, use it rental income, or move forward with development of both residential and commercial opportunities. This 10-Day online land auction will be offered from April 4 - 14, 2026.

Listing Details MLS# 6795364

General Property Information

Comp Sale YN
No
Development
No
Drainage
Good
Is Buyers Premium
Yes
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Agriculture
Lot Dimensions
445x284x65x2301x1319x1286x808x1296
Acres
53.77
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: None Connected Crop Type: Beans; Corn; Hay/Alfalfa Development Status: Raw Land Farm Type: Crop Fencing: None Improvements: None Internet Options: None Land Inclusions: None Lock Box Type: None Property SubType: Agricultural Land; Development Road Frontage: Curbs; Highway; Paved Streets Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash Soil Type: Loam Surface Water: None Topography: Level

Contract Information

Auction Type
Reserve
Off Market Date
2026-04-14
Contingency
None
Original List Price
999900
ListPrice
Yes
Owner is an Agent?
No
Auction?
Yes

Location Tax and Other Information

House Number
TBD
Street Name
Industrial Dr. SE
Postal City
Elgin
County
Wabasha
State
MN
Zip Code
55932

Acreage Information

Taxable Acres
53
Tillable Acres
50.15
Wooded Acres
Yes

Assessments

Tax With Assessments
5284
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Dimension Information

Lot Size Min
53.77 Acres

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
12
Section#
34
Township#
108

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-34 TWP-108 RANGE-012 53.77 AC EX 0.51 AC CO HWY ROW DOC # 324516 & EX S 317' OF N 350' OF E 65' & EX W 810' OF N 1,344.51 (2 PARCELS), W1/2NE1/4 (WWW)
Listing City
Elgin
Map Page
999
Municipality
Elgin
School District
Plainview-Elgin-Millville
School District Phone
507-534-3651
Zip Plus 4
9311
Property ID Number
R190002536
Tax Year
2025
Tax Amount
5284
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No
Auctioneer License
79-06

Directions & Remarks

Public Remarks
Excellent opportunity to own 53.77 +/- acres all located in the City limits of Elgin, MN. through the Joe and Penny Bianchi Trust Land Auction. These lands offer amazing opportunity of both Commercial and Residential future development. This offering of land gives ample opportunity for a buyer to farm the land, use it rental income, or move forward with development of both residential and commercial opportunities. This 10-Day online land auction will be offered from April 4 - 14, 2026.
Directions
999

Crop Type

Beans
Yes
Corn
Yes
Hay/Alfalfa
Yes

Development Status

Raw Land
Yes

Farm Type

Crop
Yes

Fencing

None
Yes

Insurance Fee

Insurance Fee
0

Internet Options

None
Yes

Lock Box Type

None
Yes

Restriction/Covenants

None
Yes

Road Frontage

Curbs
Yes
Highway
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes

Soil Type

Loam
Yes

Topography

Level
Yes

Available Utilities

None Connected
Yes

Improvements

None
Yes

Land Inclusions

None
Yes

Property SubType

Agricultural Land
Yes
Development
Yes

Surface Water

None
Yes
IDX
Listing Office: Tony Montgomery Realty & Auction
Last Updated: April - 15 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.