Pending: Butternut Valley Twp MLS# 6619860
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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:** New info 12.24.204 see map and email. 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.
Donâ??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!
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$1
Property Type:
Farm
City:
Butternut Valley Twp
County:
Blue Earth
State:
MN
Property Style:
Other
Zip Code:
56055
Exterior
Fencing:
Wire
Road Responsibility:
Public Maintained Road
Road Frontage:
- County Road
- Township
Lot & Land
Acres:
163.55
Geolocation:
44.1892135283, -94.2623363969
Inclusions:
None
Lot Dimensions:
2606 x 2688
Wooded Acres:
6
Restrictions:
Easements
Zoning:
Agriculture
Lot Description:
Corner Lot
Farm
Farm Type:
Crop
Soil Type:
Loam
Crop Type:
Beans, Corn
Tillable Acres:
151.89
Topography:
Level
Schools
School District:
2071
District Phone:
507-726-2323
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,959
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,062
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
163.550
Miscellaneous
Development Status:
Raw Land
Improvements:
Fence
Available Utilities:
- Electricity Available
- None Connected
- Phone Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
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.
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!
Listing provided by RMLS,
courtesy of LandProz Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.