TBD SW 93rd Street, Hope, MN 56046

$1,545,541
Property Type: Land Lot Size (sq. ft.): 4,843,436 Status: Closed
Current Price: $1,545,541 List Date: 12/08/2023 Last Modified: 6/04/2025

Overview

Description

Welcome to the Oldefendt farmland auction! This is a once-in-a-lifetime opportunity to own a remarkable fourth-generation farm in a thriving agricultural community. Located on the west property line of the Hope grain elevator and across from Crystal Valley Cooperative, this 111.19-acre farmland is incredibly fertile with a Soil Crop Production Index of 93.1. It has tile drainage from the 1960s. Tile map is available. The farm is conveniently close to two grain elevators, making harvest hauling easy. The farming contract will be open for the 2024 growing season. There is no CRP on this farm, allowing flexibility for agricultural pursuits. The auction will be held in person on February 9, 2024 10am, at the Steele County Trail Association building in Hope, Minnesota. Online bidding is available on our website.

Listing Details MLS# 6467445

General Property Information

Comp Sale YN
No
Development
No
Drainage
Average
Is Buyers Premium
Yes
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Yearly/Seasonal
Yearly
Zoning
Agriculture
Lot Dimensions
1500x2640
Acres
111.19
Assessment Pending
Unknown
Association Fee
0

Property Features

Available Utilities: Electricity Available; None Connected Crop Type: Beans; Corn Development Status: Raw Land Farm Type: Crop Financing Terms: Cash Improvements: None Land Inclusions: Easements Property SubType: Agricultural Land Road Frontage: County Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Level

Contract Information

Auction Type
Reserve
Off Market Date
2024-02-09
Contingency
None
Closed Date
2024-03-27
Original List Price
Yes
Sales Close Price
1545541
ListPrice
Yes
Owner is an Agent?
No
Auction?
Yes

Location Tax and Other Information

House Number
TBD
Street Direction Prefix
SW
Street Name
93rd
Street Suffix
Street
Postal City
Hope
County
Steele
State
MN
Zip Code
56046

Acreage Information

Taxable Acres
111
Tillable Acres
106
Pasture Acres
0
Wooded Acres
0

Assessments

Tax With Assessments
6050
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Dimension Information

Lot Size Min
111.19

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
20
Section#
30
Township#
106

Office/Member Info

Association
SEMR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Listing City
Hope
Map Page
999
Municipality
Hope
Rental License?
No
School District
Owatonna
School District Phone
507-444-8610
Zip Plus 4
4178
Property ID Number
050304000
Tax Year
2023
Tax Amount
6050
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No
Auctioneer License
20-20-25

Directions & Remarks

Public Remarks
Welcome to the Oldefendt farmland auction! This is a once-in-a-lifetime opportunity to own a remarkable fourth-generation farm in a thriving agricultural community. Located on the west property line of the Hope grain elevator and across from Crystal Valley Cooperative, this 111.19-acre farmland is incredibly fertile with a Soil Crop Production Index of 93.1. It has tile drainage from the 1960s. Tile map is available. The farm is conveniently close to two grain elevators, making harvest hauling easy. The farming contract will be open for the 2024 growing season. There is no CRP on this farm, allowing flexibility for agricultural pursuits. The auction will be held in person on February 9, 2024 10am, at the Steele County Trail Association building in Hope, Minnesota. Online bidding is available on our website.
Directions
From Owatonna, Mn, travel south on I 35, in 5 miles, take the Hope Mn exit which is 93rd Street SW. Travel west to Hope MN. Farm is on the right side after you cross SW 37th Ave and the railroad tracks.

Crop Type

Beans
Yes
Corn
Yes

Development Status

Raw Land
Yes

Farm Type

Crop
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

Easements
Yes
Easements-Road/Right of Way
Yes
Easements-Utility
Yes

Road Frontage

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Level
Yes

Available Utilities

Electricity Available
Yes
None Connected
Yes

Improvements

None
Yes

Land Inclusions

Easements
Yes

Property SubType

Agricultural Land
Yes
IDX
Listing Office: LandProz Real Estate, LLC
Last Updated: June - 04 - 2025
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.