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FNC Listing Number: L-2100120

Price: $680,000.00
State: Minnesota
County: Fillmore
Acres: 80

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Contact:
Roger Johnson
Mobile:  (319) 230-0389


Listing Details:

Offered to Investor Buyers ONLY, with lease-back and buy-back agreements to Seller required.

Bare, all tillable, 80 acre farm made up of high quality Kenyon-Clyde-Floyd series soils that are pattern tiled and have an average productivity index of 86.8!

Above average return offered to Investor Buyers. Lots of tile to depreciate to enhance return even further.

Travel from Chester, Iowa, approximately 1/2 miles north of Iowa-Minnesota state line on US Highway 63, then go two miles west on Minnesota Highway 56, then continue 1/4 mile north on 121st Avenue. Or you can travel from LeRoy, Minnesota, approximately 4 1/2 miles east on Minnesota Highway 56, then continue 1/4 miles north on 121st Avenue. The farm is located on the west side of 121st Avenue and on the south side of 110th Street.

FSA Farm # 9624
FSA Tract # 31418

Farm is currently enrolled in PLC for corn and ARC County for soybeans.

Farm is fully classified as NHEL and PC/NW.

Patterned tiled in 2015 on 40 foot centers.

Legal Description: N 1/2 NE 1/4 of Section 32, Township 101 North, Range 13 West of the Fifth P.M. (Beaver Township).

Improvement Description: Fully pattern tiled on 40 foot centers and very gently sloping land.

Annual Taxes: 2019 Real Estate Taxes:
$2484 per year or $31.05 per acre

Cropland Acres: 75.04
Road Acres: 3.00
Other Acres: 2.70 (waterways)

Crop: Corn Base: 33.00 acres Yield: 164 bushels/acre

Crop: Soybeans Base: 40.40 acres Yield: 44 bushels/acre


If you need additional property information or would like to arrange for showing, please contact the Listing Agent or call Farmers National Company at 1-800-346-2650.
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