xxxx 325th, Redwood Falls, MN 56283

$875,000
Property Type: Land Lot Size (sq. ft.): 3,484,800 Status: Closed
Current Price: $875,000 List Date: 10/25/2023 Last Modified: 6/04/2025

Overview

Description

80 acre piece of farmland southwest of Redwood Falls. Online Auction only! Auction Terms: Successful bidder is required to enter into a purchase agreement and pay a $40,000 non-refundable down payment the day of auction. Possession shall be once the 2023 crops have been removed. Seller to pay 2023 real estate tax statement and buyer thereafter. Buyer shall assume any levied or pending assessments. The land shall be offered subject to owner confirmation. All information is obtained from reliable sources, however the auctioneers or agents do not accept responsibility for the information presented, as it is the buyers responsibility to verify all information. The land shall be offered subject to owner confirmation. Seller shall be entering into an IRS 1031 Tax Deferred Exchange at no additional cost to the buyer. Closing to take place on or before 12/18/23. A $35 plowback fee per acre will be charged to buyer at time of closing.

Listing Details MLS# 6452060

General Property Information

Comp Sale YN
No
Development
No
Drainage
Tile
Is Buyers Premium
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Yearly/Seasonal
Yearly
Zoning
Agriculture
Lot Dimensions
80.0 Acres
Acres
80
Association Fee
0

Property Features

Available Utilities: None Connected; Other Available Crop Type: None Development Status: Other Financing Terms: Conventional Improvements: None Land Inclusions: For Sale Sign Topography: Level

Contract Information

Auction Type
Reserve
Off Market Date
2023-12-05
Contingency
None
Closed Date
2023-12-18
Original List Price
Yes
Sales Close Price
875000
ListPrice
Yes
Owner is an Agent?
No
Auction?
Yes

Location Tax and Other Information

House Number
xxxx
Street Name
325th
Postal City
Redwood Falls
County
Redwood
State
MN
Zip Code
56283

Acreage Information

Taxable Acres
80
Tillable Acres
80

Assessments

Tax With Assessments
3038
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#
37
Section#
11
Township#
112

Office/Member Info

Association
WCAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Listing City
Redwood Falls
Map Page
999
Municipality
Sheridan Twp
Rental License?
No
School District
Redwood Area Schools
School District Phone
507-644-8064
Property ID Number
640111020
Tax Year
2023
Tax Amount
3038
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No
Auctioneer License
64-23-25

Directions & Remarks

Public Remarks
80 acre piece of farmland southwest of Redwood Falls. Online Auction only! Auction Terms: Successful bidder is required to enter into a purchase agreement and pay a $40,000 non-refundable down payment the day of auction. Possession shall be once the 2023 crops have been removed. Seller to pay 2023 real estate tax statement and buyer thereafter. Buyer shall assume any levied or pending assessments. The land shall be offered subject to owner confirmation. All information is obtained from reliable sources, however the auctioneers or agents do not accept responsibility for the information presented, as it is the buyers responsibility to verify all information. The land shall be offered subject to owner confirmation. Seller shall be entering into an IRS 1031 Tax Deferred Exchange at no additional cost to the buyer. Closing to take place on or before 12/18/23. A $35 plowback fee per acre will be charged to buyer at time of closing.
Directions
From Redwood Falls, go west on 19, turn south onto County Road 6, then turn west onto 325th St. Property is one mile on north side of road.

Crop Type

None
Yes

Development Status

Other
Yes

Financing Terms

Conventional
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

None
Yes

Topography

Level
Yes

Available Utilities

None Connected
Yes
Other Available
Yes

Improvements

None
Yes

Land Inclusions

For Sale Sign
Yes
IDX
Listing Office: Kerkhoff Auction & Real Estate
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.