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
Description
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!
More Information MLS# 6498375
Contract Information
Auction Type: Absolute
Owner is an Agent?: No
Auction?: Yes
Status: Closed
Off Market Date: 2024-04-10
Contingency: None
Current Price: $814,018.16
Closed Date: 2024-05-15
Original List Price: 1
Sales Close Price: 814018.16
ListPrice: 1
List Date: 2024-02-27
Office/Member Info
Association: SEMR
MLSID: RMLS
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
Location, Tax and Other Information
AssocFeeYN: No
Map Page: 999
Municipality: Florence Twp
Rental License?: No
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.
Additional Parcels Information
Property ID #2: 340360401
Assessments
Assessment Balance: 0
Tax With Assessments: 1542
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Financing Terms
Conventional: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 13
Section#: 31
Township#: 112
Restriction/Covenants
None: 1
Topography
Gently Rolling: 1
Available Utilities
None Connected: 1
Improvements
None: 1
Land Inclusions
None: 1
Location Tax and Other Information
House Number: XXXX
Street Name: 340th Street
Postal City: Lake City
County: Goodhue
State: MN
Zip Code: 55041
Property Features
Available Utilities: None Connected
Development Status: Raw Land
Financing Terms: Conventional
Improvements: None
Land Inclusions: None
Topography: Gently Rolling
Listing Office:
LandProz Real Estate, LLC
Last Updated: June - 04 - 2025
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