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Farm:  Other
153.11 acres
Leroy-Ostrander schools
MLS# 6461754
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    Property Description

    Welcome to this exceptional opportunity to own prime agricultural tillable farmland north of Leroy, MN. Spanning 153.11 acres, with 101.94 acres tillable, this fertile land boasts a Crop Productivity Index (CPI) of 68.3. Currently rotating crops of corn and beans, it ensures sustainable farming. The majestic Upper Iowa River flows through, offering fishing and boating. A bike trail runs along the north and east border of the farm, perfect for outdoor enthusiasts. With proximity to Leroy and State Highway 56, this land offers privacy and accessibility. Don’t miss this chance to own a remarkable piece of real estate for farming, recreation, building homes, hunting or investment.


    Contingency: None
    City: Le Roy
    County: Mower
    State: MN
    Property Style: Other
    Zip Code: 55951


    Road Responsibility: Public Maintained Road
    Road Frontage: State Road

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Upper Iowa River
    Waterfront View: River
    DNR Lake ID#: R9999047
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River Front

    Lot & Land

    Acres: 153.11
    Geolocation: 43.531181, -92.555485
    Inclusions: Easements
    Lot Dimensions: 5124 x 3900
    Wooded Acres: 51.17
    • Easements
    • Easements-Road/Right of Way
    • Easements-Utility
    • Agriculture
    • Lot
    Lot Description:
    • Property Adjoins Public Land
    • Tree Coverage - Medium


    Farm Type: Crop, Wooded/Hunting
    Agricultural Water: Other
    Crop Type: Beans, Corn
    Tillable Acres: 101.94
    Topography: Gently Rolling, Level, Ravine, Scattered Timber


    School District: 499
    District Phone: 507-324-5743

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $4,450
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,450
    Association Fee Required: No
    Taxable Acres: 153.110


    Development Status: Raw Land
    Improvements: Fence
    Available Utilities:
    • Natural Gas Available
    • None Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.