TBD Tract 1 224th Street, Lake Crystal, MN 56055
$1,815,405
Property Type:
Land
Lot Size (sq. ft.):
7,124,238
Status:
Closed
Current Price:
$1,815,405
List Date:
10/18/2024
Last Modified:
2/17/2026
Listing Details MLS# 6619860
General Property Information
- Comp Sale YN
- No
- Development
- No
- Drainage
- Tile
- Is Buyers Premium
- Yes
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- No
- Waterfront Present
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Agriculture
- Lot Dimensions
- 2606x2688
- Acres
- 163.55
- Assessment Pending
- Unknown
- Association Fee
- 0
Property Features
Available Utilities:
Electricity Available; None Connected; Phone Available
Crop Type:
Beans; Corn
Development Status:
Raw Land
Farm Type:
Crop
Fencing:
Wire
Financing Terms:
Cash
Improvements:
Fence
Land Inclusions:
None
Lot Description:
Corner Lot
Road Frontage:
County Road; Township
Road Responsibility:
Public Maintained Road
Sale Options:
Sell Entirely
Sellers Terms:
Cash; Conventional
Soil Type:
Loam
Topography:
Level
Contract Information
- Auction Type
- Reserve
- Off Market Date
- 2025-01-13
- Contingency
- None
- Closed Date
- 2025-02-14
- Original List Price
- Yes
- Sales Close Price
- 1815405
- ListPrice
- Yes
- Owner is an Agent?
- No
- Auction?
- Yes
Location Tax and Other Information
- House Number
- TBD Tract 1
- Street Name
- 224th
- Street Suffix
- Street
- Postal City
- Lake Crystal
- County
- Blue Earth
- State
- MN
- Zip Code
- 56055
Acreage Information
- Taxable Acres
- 163
- Tillable Acres
- 151.89
- Wooded Acres
- 6
Assessments
- Tax With Assessments
- 8062
- Assessment Balance
- 0
More Information
Builder Information
- Builder Restrictions
- Open
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 29
- Section#
- Yes
- Township#
- 108
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- E1/2 NW1/4 (EX N490' E85') & W1/2 NE1/4 (EX N490' W245') SEC 1 TWP 108 RG 29 163.55 AC
- Map Page
- 999
- Municipality
- Butternut Valley Twp
- School District
- Lake Crystal-Wellcome Memorial
- School District Phone
- 507-726-2323
- Zip Plus 4
- 5618
- Property ID Number
- R310601100005
- Tax Year
- 2024
- Tax Amount
- 7959
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
- Auctioneer License
- 20-20-25
Directions & Remarks
- Public Remarks
- Premier Farmland in Butternut Valley Township, Blue Earth County, Minnesota Attention all prospective buyers! This is a rare opportunity to acquire a prime tract of agricultural land located in the picturesque Butternut Valley Township of Blue Earth County, Minnesota. **Key Features:** **Exceptional Soil Quality:** This property boasts a Crop Productivity Index (CPI) of 95.5, showcasing its excellent agricultural potential. The soils are primarily Nicollet loan soils, known for their fertility and productivity. **Water Management:** The land benefits from efficient tile drainage systems leading into County Judicial Ditch 36, ensuring optimal moisture management for your crops. **Heritage & Longevity:** This farm has been lovingly owned by the same family for over 120 years, a testament to its quality and the legacy of stewardship. **Current Usage:** Soil tests conducted in 2022 are available for review, providing valuable insight into the land's condition and capabilities. Planned fall tillage for the 2024 season will further enhance the soil for the next planting cycle. **Rental Potential:** The land will be open for rent starting in 2025. Past rental income has been robust, with previous agreements yielding $275 per acre. **Future Development Opportunities:** New info 12.24.204 see map and email. There is potential for one development per quarter quarter, subject to county zoning regulations. Interested parties should review the email from county zoning for details. **Auction Details:** **Auction Ends:** January 8, 2025, around 10 AM via AuctionCast online **Sold As-Is:** This property is being sold as-is, with no contingencies. **Closing Date:** Close on or before February 14, 2025. Don’t miss your chance to own a piece of history and a premier farming opportunity in Blue Earth County. This is an investment in land and legacy that is sure to yield returns for generations to come! For more information see supplements!
- Directions
- From Mankato, MN take US 169 south for 3.4 miles and turn right onto MN-68 towards Minnehaha Park, go 10 miles and turn left onto 503rd Ave, in .5 miles turn right onto 224th Street at Jerusalum Cemetary the destinations are on the right in 1/2 a mile.
Crop Type
- Beans
- Yes
- Corn
- Yes
Development Status
- Raw Land
- Yes
Farm Type
- Crop
- Yes
Fencing
- Wire
- Yes
Financing Terms
- Cash
- Yes
Insurance Fee
- Insurance Fee
- 0
Lot Description
- Corner Lot
- Yes
Restriction/Covenants
- Easements
- Yes
Road Frontage
- County Road
- Yes
- Township
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Sale Options
- Sell Entirely
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Soil Type
- Loam
- Yes
Topography
- Level
- Yes
Available Utilities
- Electricity Available
- Yes
- None Connected
- Yes
- Phone Available
- Yes
Improvements
- Fence
- Yes
Land Inclusions
- None
- Yes
Listing Office:
Midwest Home and Farm Realty
Last Updated: February - 17 - 2026
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