XXXX County HWY 22, Gibbon, MN 55335

$1,408,950
Property Type: Land Lot Size (sq. ft.): 6,076,620 Status: Closed
Current Price: $1,408,950 List Date: 9/04/2024 Last Modified: 10/29/2025

Overview

Description

Land Auction will be on September 19, 2024 at 10:00am. Discover a rare chance to own this desirable 139.5 +/- deeded acres of premium farmland, located in a highly sought-after area with limited land supply. This exceptional property boasts 99% of the 139.5 +/- acres being tillable [137.56 acres], making it an ideal investment for farmers and investors alike. The farmland is characterized by it's very high quality, boasting an outstanding CPI of 91.1, indicating strong agricultural production. The gently sloping topography of the land facilitates effective drainage and crop production. There is established drain tile system that connects to JD 7. Strategically positioned along a well-maintained blacktop road, this property offers convenient access for equipment and transportation, making it suitable for various agricultural operations. Furthermore, there are many qualified operators in the vicinity, presenting ample opportunities for collaboration or management. This parcel represe ...

Listing Details MLS# 6596356

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
2624.11 ft x 6575.3 ft x 2624.11 ft x 6575.3 ft
Acres
139.5
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
2024-09-24
Contingency
None
Closed Date
2024-10-25
Original List Price
Yes
Sales Close Price
1408950
ListPrice
Yes
Owner is an Agent?
No
Auction?
Yes

Location Tax and Other Information

House Number
XXXX
Street Name
County HWY 22
Postal City
Gibbon
County
Sibley
State
MN
Zip Code
55335

Additional Parcels Information

Property ID #2
212904000

Assessments

Tax With Assessments
7752
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#
31
Section#
29
Township#
112

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-29 TWP-112 RANGE-031 40.00 AC NW 1/4 OF SE 1/4
Map Page
999
Municipality
Severance Twp
School District
G.F.W.
School District Phone
507-834-9813
Zip Plus 4
384
Property ID Number
212908000
Tax Year
2024
Tax Amount
7752
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No
Auctioneer License
24-21

Directions & Remarks

Public Remarks
Land Auction will be on September 19, 2024 at 10:00am. Discover a rare chance to own this desirable 139.5 +/- deeded acres of premium farmland, located in a highly sought-after area with limited land supply. This exceptional property boasts 99% of the 139.5 +/- acres being tillable [137.56 acres], making it an ideal investment for farmers and investors alike. The farmland is characterized by it's very high quality, boasting an outstanding CPI of 91.1, indicating strong agricultural production. The gently sloping topography of the land facilitates effective drainage and crop production. There is established drain tile system that connects to JD 7. Strategically positioned along a well-maintained blacktop road, this property offers convenient access for equipment and transportation, making it suitable for various agricultural operations. Furthermore, there are many qualified operators in the vicinity, presenting ample opportunities for collaboration or management. This parcel represents an excellent investment opportunity for those looking to expand their agricultural portfolio or add to existing land holdings. With its prime location, high-quality tillable acreage, and the increasing demand for farmland, this property stands out as a valuable asset for investors or neighboring farmers seeking sustainable growth. Many know land in this area of South Central Minnesota in Sibley County, just South of Gibbon, in the coveted Minnesota River Valley area, rarely comes up for sale! Don’t miss your chance to secure this prime piece of real estate!
Directions
From Gibbon: Head South out of Gibbon on First Ave and proceed for 1.3 miles, then turn right onto 300th Street and continue for 2.2 miles, after that turn left onto 651st Ave and the farm will be on your right hand side after about 2.3 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
IDX
Listing Office: LandProz Real Estate, LLC
Last Updated: October - 29 - 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.