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Sold
$780,000
Racine, MN 55967(Mower County)
Size: 97.69 Acres
Type: Farms

#2455 Farm

PROPERTY DESCRIPTION

A great tillable farm to add to your portfolio, or to start farming!

Located in section 15 of Racine township, just East of Racine, with easy blacktop road access. Waterway runs through for drainage as well as tile that was put in in 1997 [see maps].

Deeded acres are 97.69+/-, while tillable acres are 80.86 +/-. 2022 yield on corn was 188 bushel per acre and APH was 199 bushel per acre. Bean past yields around 54 bushel per acre. A soil rating of 74.6 CPI and prominent soil types are shandep clay loam, rossfield silt loam, racine loam, rossfield silt loam, and floyd silt loam.

Tenant/Possession is open for 2023. The 2022 current tenant is on a verbal lease now, and would like to keep renting. Currently pays biannually at a rate of $18,450 per year. Annual property taxes for 2023 are $4,030.

Featuring a bit of timber for some hunting and with county approval a...

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LandProz

Albert Lea, MN

(507) 204-3493

Provided By

LandProz, (507) 204-3493
Listing last updated: April 3, 2023 at 1:21 PM
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