$273,210
$1
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39.03 Acres Lot
SOLD DATE : 08/30/2023
Key Details
Sold Price $273,210
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6363893
Sold Date 08/30/23
Annual Tax Amount $1,704
Tax Year 2022
Contingent None
Lot Size 39.030 Acres
Acres 39.03
Lot Dimensions 1
Property Description
This property is located in Section 15 of Milford Township - 2 miles west of New Ulm and ½ mile north on 185th Avenue.
The property is 39.03 surveyed acres with 34.95 acres enrolled in the Conservation Reserve Program (CRP). The CRP acres are enrolled in two separate contracts. Contract #1 is in a CP21 program that was enrolled in 2016 and will expire in 2026. Contract #1 is comprised of 10.5 acres with an annual rental rate of $276.45 per acre or $2,903 per year.
Contract #2 is in a CP23A program that was enrolled in 2021 and will expire in 2036. Contract #2 is comprised of 24.45 acres with a rental rate of $287.93 per acre or $7,040 per year.
The 2023 CRP Payment and Real Estate Taxes will be prorated to the day of closing.
Farmland: These CRP acres are extremely clean with almost no volunteer tree or woody vegetative growth. This will be a benefit to anyone looking to convert these acres from CRP back into production.
Location
State MN
County Brown
Zoning Agriculture
Interior
Fireplace No
Exterior
Utilities Available None Connected, None Available
Schools
School District New Ulm
Others
Restrictions None
Special Listing Condition Auction
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