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Pending
$789,000
/mo   Edit
Lot/Land:  Lot/Land
120 acres
Glencoe-Silver Lake schools
MLS# 5252059
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    Description:   Great tillable parcel located S. of Brownton. 120 total acres with approx. 116.8 FSA tillable acres. Average soil CPI rating of just over 88 with approx. 73% of the soils rating in at 90 or above. Some existing tile in place with intakes. Outlet into the county ditch on the N property line which also provides sufficient outlet for any future tiling if desired. Current rental agreement for 2019 provides just under $21, 000 in net income after current property taxes. Crops for 2019 include corn and soybeans. Whether looking to add to your current operation or strictly an investment or 1031 exchange, this is a great property!
    List Price: $789,000
    Sold Date: 0000-00-00
    Property Type: Lot/Land
    Listing Status: Pending
    Contingency: None
    Property Style: Lot/Land
    City: Penn Twp
    County: McLeod
    State: MN
    Zip Code: 55312

    Exterior

    Road Frontage: Township

    Lot

    Acres: 120
    Crop Type: Corn, Beans
    Front Dimensions: 3960
    Land Inclusions: Other
    Left Dimensions: 1320
    Latitude: 44.70147237
    Longitude: -94.35458209
    Lot Size Dim.: 3960 X 1320 X 3960 X 1320
    Plat Recorded: N
    Restrictions/Covenants: None
    Right Dimensions: 1320
    Soil Type: Loam
    Tillable Acres: 116.8
    Topography: Level
    Zoning: Agriculture

    Schools

    School District: 2859
    District Phone: 320-864-2498

    Financial & Taxes

    Association Fee: None
    Tax Year: 2020
    Annual Taxes: $5,770
    Assessment Pending: No
    Taxes w/ Assessments: $5,350

    Miscellaneous

    Development Status: Raw Land
    Improvements: Other
    Available Utilities: None Connected, Electricity Available
    On-Site Utilities: None

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    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
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