This is a sealed bid auction! 1 of 5 tracts available see other listings for the additional 4 tracts being sold. This is an agricultural land opportunity. All bids are due by November 22, 2024 at 5pm. Please see terms and conditions in the supplements page, for all details and buyers fee. Introducing an exceptional opportunity to acquire 40 deeded acres of prime agricultural land, with 39 acres available for tillable farming. This productive farmland is located just 11 miles south of Rochester, Minnesota, conveniently situated directly off Highway 52, making it easily accessible on the route to Chatfield, Minnesota. The land boasts a CPI (Crop Productivity Index) of 58.8, indicating its potential for high-yield farming operations. Currently, the property generates a solid rental income of $300 per acre, providing a reliable return on investment for the new owner. This 40-acre parcel is not only an ideal choice for those looking to expand their farming portfolio, but it also offers the potential for a variety of agricultural uses, whether you’re interested in leasing the land to local farmers or managing the crops yourself. Don’t miss out on this fantastic opportunity to invest in a productive piece of farmland with great income potential! Existing access to this tract will need to be shared with tract 2 if two different buyers enter into a contract and sale with the sellers.
Property Details
Property Features
Listing Office:
Office Name: LandProz Real Estate, LLC
School Info
Assigned Schools Information:
Chatfield Secondary School, Public District Grades 7-12
Chatfield Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: From Rochester Minnesota hwy 52 travel south 11 miles until the intersection of 90th Avenue SE Eyota Address. Farm is on the left off 90th Ave SE
Price Information
Listing Price Info
Price Summary:
List Price: $1
What can I afford?
Understand what home price range makes sense for your budget.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 9:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$68
Per Month
Principal & Interest
$1
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$67
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Chatfield Elementary School
11555 Hillside Dr SE
Distance between this listing and this school8.01 miles
Public District Grades PK-6
High School
5
/10
Chatfield Secondary School
205 Union St NE
Distance between this listing and this school6.57 miles
Public District Grades 7-12
Assigned Schools
5
/10
Chatfield Elementary School
11555 Hillside Dr SE
Distance between this listing and this school8.01 miles
Public District Grades PK-6
Nearby Schools
8
/10
Dover-Eyota Elementary School
27 Knowledge Rd SW
Distance between this listing and this school5.67 miles
Public District Grades PK-5
7
/10
Central Elementary School
301 2nd St SW
Distance between this listing and this school10.34 miles
Public District Grades 3-5
Nearby Schools
4
/10
Dover-Eyota Middle School
615 South Ave SW
Distance between this listing and this school5.99 miles
Public District Grades 6-8
5
/10
Rochester Math and Science Academy
415 16th St SW
Distance between this listing and this school10.53 miles
Public Charter Grades KG-8
5
/10
Stewartville Middle School
440 6th Ave SW
Distance between this listing and this school10.55 miles
Public District Grades 6-8
Assigned Schools
5
/10
Chatfield Secondary School
205 Union St NE
Distance between this listing and this school6.57 miles
Public District Grades 7-12
Nearby Schools
5
/10
Dover-Eyota High School
615 South Ave SW
Distance between this listing and this school5.99 miles
Public District Grades 9-12
3
/10
Rochester Alternative Learning Center
37 Woodlake Dr SE
Distance between this listing and this school9.20 miles
The neighbors living near this home have an average income of $70,536. The majority of Olmsted County, MN residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBDTRACT1 90th Ave SE
What is the listing price of this property?
The listing price of TBDTRACT1 90th Ave SE property is $1.
What type of property is this?
The property TBDTRACT1 90th Ave SE is land located in Eyota Twp, Minnesota, 55934.
Is this property for sale now?
Active Listing: TBDTRACT1 90th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for TBDTRACT1 90th Ave SE are: Chatfield Elementary School: GreatSchools Rating 5/10Chatfield Secondary School: GreatSchools Rating 5/10
Interested in TBDTRACT1 90th Ave SE? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBDTRACT1 90th Ave SE in Eyota Twp, MN and zip code 55934. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1.
In September 2024 more than 37 listings in Olmsted County, MN were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 71 were sold below. The number of listings in Olmsted County, MN increased by 3.7% between August 2024 and September 2024. The median list price of listings available in September 2024 was $325,045, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Dollar General
Texas Roadhouse
Cracker Barrel
Applebees
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country