XXXX 340th Street, Lake City, MN 55041
$814,018.16
Property Type:
Land
Lot Size (sq. ft.):
3,825,439
Status:
Closed
Current Price:
$814,018.16
List Date:
3/11/2024
Last Modified:
6/04/2025
Overview
Description
Listing Details MLS# 6498375
General Property Information
- Comp Sale YN
- No
- Development
- No
- Is Buyers Premium
- Yes
- Lot Measurement
- Acres
- Multiple PIDs?
- Yes
- Plat Recorded
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Agriculture
- Lot Dimensions
- 3083.85 ft x 3940.35 ft x 2151.85 ft x 1852.07 ft
- Acres
- 87.82
- Association Fee
- 0
Property Features
Available Utilities:
None Connected
Development Status:
Raw Land
Financing Terms:
Conventional
Improvements:
None
Land Inclusions:
None
Topography:
Gently Rolling
Contract Information
- Auction Type
- Absolute
- Off Market Date
- 2024-04-10
- Contingency
- None
- Closed Date
- 2024-05-15
- Original List Price
- Yes
- Sales Close Price
- 814018.16
- ListPrice
- Yes
- Owner is an Agent?
- No
- Auction?
- Yes
Location Tax and Other Information
- House Number
- XXXX
- Street Name
- 340th Street
- Postal City
- Lake City
- County
- Goodhue
- State
- MN
- Zip Code
- 55041
Additional Parcels Information
- Property ID #2
- 340360401
Assessments
- Tax With Assessments
- 1542
- 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#
- 13
- Section#
- 31
- Township#
- 112
Office/Member Info
- Association
- SEMR
- MLSID
- RMLS
Location, Tax and Other Information
- AssocFeeYN
- No
- Map Page
- 999
- Municipality
- Florence Twp
- Rental License?
- No
- School District
- Lake City
- School District Phone
- 651-345-2198
- Zip Plus 4
- 3317
- Property ID Number
- 320311100
- Tax Year
- 2023
- Tax Amount
- 1542
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
- Auctioneer License
- 24-21
Directions & Remarks
- Public Remarks
- Land Auction will be on April 10, 2024 at 11:00am. This tillable cropland is located in Southeastern Minnesota near Red Wing and Lake City MN. The farm is located in Sections 31 of Florence TWP and 36 of Hay Creek TWP. This farm is an established organic farm with a proven pedigree and a 71 CPI. The property is open for farming in 2024, it is 87.82 +/- deeded acres with 87 +/- tillable acres, according to the FSA. The current operator would also continue operating the farm as an organic farm if the new buyer/investor would like to hold the property as an investment and need a quality tenant. The farm is situated in a highly desirable location with convenient access to multiple grain markets, making it ideal for crop production. The natural sloping topography ensures proper drainage, while existing conservation measures, waterways, and cover crops enhance the land's productivity and future sustainability. Don't miss this rare opportunity to own this land in Goodhue County, MN!
- Directions
- Head North on Hwy 58 towards Goodhue, take a right on to CR-16 for 5.1 Miles, take a left onto First Street leaving the town of Bellechester for 7.6 miles, turn right onto CR-45 for 0.6 miles and take a slight left turn onto Weibusch Hill Rd and the farm will be on your left hand after 1.7 miles.
Development Status
- Raw Land
- Yes
Financing Terms
- Conventional
- Yes
Insurance Fee
- Insurance Fee
- 0
Restriction/Covenants
- None
- Yes
Topography
- Gently Rolling
- Yes
Available Utilities
- None Connected
- Yes
Improvements
- None
- Yes
Land Inclusions
- None
- Yes
Listing Office:
LandProz Real Estate, LLC
Last Updated: June - 04 - 2025
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