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For Sale:  Montevideo MLS# 7034684

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Active
$2,856,000
/mo Edit
Farm:  2 Stories
4 br • 2 ba • Built 1954
1,497 sqft • 238 acres
Hancock schools
MLS# 7034684
763-576-8286
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    Property Description

    Top-tier farm available in Chippewa County. Located in Sparta Township, this outstanding 238 +/- acres presents a unique opportunity at owning land that provides 218 +/- acres of highly productive tillable ground that has a crop productivity index (CPI) rating of 93.9. Drain tiling is present throughout most of the land, enhancing the level of productivity and potential rate of return. Also included is a home consisting of 4 bedrooms, 2 bathrooms, 2 deck entries, and plenty of built-in cabinetry plus multiple outbuildings, and grain bin storage. This property represents a great opportunity for someone looking for solid returns and future appreciation. If you are looking to invest in land or reinvest as part of a 10-31 tax exchange, look no further! *Yearly rent income of approximately $38, 000, current rent contract expires harvest of 2030 *Drain tiling throughout majority of cropland *Long history of high yielding crops *Only 3 miles to nearest grain elevator *5 miles from Montevideo

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $2,856,000
    Price per sq ft: $1,908
    Property Type: Farm
    City: Montevideo
    Garage Spaces: 0
    County: Chippewa
    Year Built: 1954
    State: MN
    Property Style: 2 Stories
    Zip Code: 56265

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,497 ft2
    Total Fireplaces: 0
    Living Area: 1,497 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dryer
    • Exhaust Fan
    • Microwave
    • Washer
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,021 ft2
    Foundation Dimensions: 30x30
    Handicap Accessible: None
    Out Buildings: Barn(s), Milk House, Pole Building
    Road Responsibility: Public Maintained Road
    Irrigation System: No
    Heating System:
    • Baseboard
    • Boiler
    Parking Features: Gravel
    Unit Amenities:
    • Deck
    • Hardwood Floors
    • Main Floor Primary Bedroom
    • Natural Woodwork
    Road Frontage: Township
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: None
    Bathroom Details:
    • Main Floor Full Bath
    • Upper Level 1/2 Bath
    Dining/Kitchen: Living/Dining Room
    Laundry: Main Level
    Upper Level Size Sq Ft
    Bathroom  5 x 7  35 
    Breezeway  8 x 14  112 
    Bedroom 4  8 x 12  96 
    Bedroom 2  9 x 10  90 
    Storage  6 x 8  48 
    Bedroom 3  11 x 13  143 
    Main Level Size Sq Ft
    Bathroom  5 x 10  50 
    Bedroom  11 x 13  143 
    Kitchen  9 x 14  126 
    Living Room  14 x 29  406 

    Lot & Land

    Acres: 238
    Lot Size: 1 ft2
    Geolocation: 44.907622, -95.65053
    Inclusions: For Sale Sign
    Lot Dimensions: Irregular
    Land Features: Pastures/Woods, Terraced
    Wooded Acres: 5
    Addl Parcels: 131263100, 131352100
    Zoning: Agriculture
    Lot Description: Tillable

    Farm

    Farm Type: Crop
    Soil Type: Loam
    Crop Type: Beans, Corn
    Crop Index: 93
    Tillable Acres: 218
    Topography: Gently Rolling

    Schools

    School District: 768
    District Phone: 3202698833

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $15,448
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,030
    Association Fee Required: No

    Miscellaneous

    Fuel System: Propane
    Improvements: None
    Sewer System:
    • Septic System Compliant - No
    • Tank with Drainage Field
    Available Utilities:
    • Electricity Available
    • Electricity Connected
    • Private Septic Available
    • Private Septic Connected
    • Private Well Available
    • Private Well Connected
    • Propane Available
    Water System: Well
    Power Company Name: Minnesota Valley Co-op L&P

    Mortgage Calculator

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Weiss Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.