For Sale: Sheridan Twp MLS# 6769071
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Seize this exceptional opportunity to own 40 acres of prime income-producing agricultural land, currently leased for the 2025 growing season. This property is ideally suited for those interested in expanding their farming operation or adding to your investment portfolio in agricultural real estate. With its rich soil and strategic location, it offers remarkable potential for long-term growth and profitability. Whether you are a seasoned investor or looking to enter the agricultural market, this land is a perfect fit. Don't miss the chance to secure a valuable asset that promises excellent land production or immediate rental income as well as future appreciation in value. Act now and invest in your agricultural future! CER value of 76.69 (2.2 Acres under consideration with Xcel Contract)
Listing
Listing Status:
Active
Contingency:
None
List Price:
$465,400
Property Type:
Farm
City:
Sheridan Twp
County:
Redwood
State:
MN
Property Style:
Other
Zip Code:
56293
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- Township
- Unpaved Streets
Lot & Land
Acres:
40
Geolocation:
44.50544, -95.252114
Inclusions:
None
Lot Dimensions:
1320 x 1320
Restrictions:
Land Leased
Zoning:
Agriculture
Lot Description:
Tillable
Farm
Farm Type:
Produce
Soil Type:
Loam
Crop Type:
Beans, Beets, Corn, Grain, Wheat
Tillable Acres:
39
Topography:
Level
Schools
School District:
640
District Phone:
507-342-5114
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,998
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,998
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- None Available
- None Connected
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
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!
Listing provided by RMLS,
courtesy of Scenic City Realty, 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.