2 months on rocket

TBDTRACT1 224th St, Butternut Valley Twp, MN, 56055

$1

Land

Location

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Property Highlights

Home TypeOther
MLS #6619860
StatusActive

About TBDTRACT1 224th St

Premier Farmland in Butternut Valley Township, Blue Earth County, Minnesota Attention all prospective buyers! This is a rare opportunity to acquire a prime tract of agricultural land located in the picturesque Butternut Valley Township of Blue Earth County, Minnesota. **Key Features:** **Exceptional Soil Quality:** This property boasts a Crop Productivity Index (CPI) of 95.5, showcasing its excellent agricultural potential. The soils are primarily Nicollet loan soils, known for their fertility and productivity. **Water Management:** The land benefits from efficient tile drainage systems leading into County Judicial Ditch 36, ensuring optimal moisture management for your crops. **Heritage & Longevity:** This farm has been lovingly owned by the same family for over 120 years, a testament to its quality and the legacy of stewardship. **Current Usage:** Soil tests conducted in 2022 are available for review, providing valuable insight into the land's condition and capabilities. Planned fall tillage for the 2024 season will further enhance the soil for the next planting cycle. **Rental Potential:** The land will be open for rent starting in 2025. Past rental income has been robust, with previous agreements yielding $275 per acre. **Future Development Opportunities:** There is potential for one development per quarter quarter, subject to county zoning regulations. Interested parties should review the email from county zoning for details. **Auction Details:** **Auction Ends:** January 8, 2025, around 10 AM via AuctionCast online **Sold As-Is:** This property is being sold as-is, with no contingencies. **Closing Date:** Close on or before February 14, 2025. Don’t miss your chance to own a piece of history and a premier farming opportunity in Blue Earth County. This is an investment in land and legacy that is sure to yield returns for generations to come! For more information see supplements!

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

Lot Features

Lot Information:

  • Lot: Corner Lot

Other

Directions Information:

  • Directions: From Mankato, MN take US 169 south for 3.4 miles and turn right onto MN-68 towards Minnehaha Park, go 10 miles and turn left onto 503rd Ave, in .5 miles turn right onto 224th Street at Jerusalum Cemetary the destinations are on the right in 1/2 a mile.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6619860

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Property Sales & Tax

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$68

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-798972
9
/10

  • Lk Crystal Wellcome Memorial Elementary School

  • 502 E Watonwan St

  • 5.83 miles

  • Public District Grades PK-5

school-card-donut-798973
6
/10

  • Nicollet Elementary School

  • 1 Pine St

  • 7.12 miles

  • Public District Grades PK-4

school-card-donut-798974
6
/10

  • Hoover Elementary School

  • 1524 Hoover Dr

  • 9.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,014. The majority of Blue Earth County, MN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBDTRACT1 224th St

What is the listing price of this property?

The listing price of TBDTRACT1 224th St property is $1.

What type of property is this?

The property TBDTRACT1 224th St is land located in Butternut Valley Twp, Minnesota, 56055.

Is this property for sale now?

Active Listing: TBDTRACT1 224th St is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Minnesota›Blue Earth County›Lake Crystal›56055›TBDTRACT1 224th St

This home is located at TBDTRACT1 224th St in Butternut Valley Twp, MN and zip code 56055. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1.

Over 9 listings were sold over their listed price in November 2024 in Blue Earth County, MN. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Blue Earth County, MN between October 2024 and November 2024 decreased by 0.8%. In November 2024 median list price was $299,999 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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