$1,349,000

TBD Minnesota 56 Le Roy, MN 55951

Estimated payment $7,782/month

Total Views 9,903
195.27 Acres
$6,908 Price per Acre
8,505,961 Sq Ft Lot

Highlights

  • 3,000 Feet of Waterfront
  • Home fronts a creek
  • No HOA

About This Lot

Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 195.27-acre farm near Leroy features over 140 acres of highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 45+ acres of mature hardwoods offering additional value and versatility. Located just off Highway 56 and minutes from major grain markets, this property is ideally positioned for both profitability and access. The current market rate for tillable land in the area exceeds $345 per acre annually in cash rent, making this a strong income-producing asset. Highlights include: Ideal for corn and soybean production Mature timber with exceptional whitetail hunting opportunities Several prime building sites nestled among the woods A flowing sand-bottom creek that traverses the property and connects to the Upper Iowa River, just across the highway Potential to expand your holdings with two neighboring parcels also available (MLS #6731208 and #6731789) Whether you're a seasoned farmer, a savvy investor, or an outdoor enthusiast looking for the perfect mix of agriculture and recreation, this property checks all the boxes. Don’t miss your chance to own this premier tract in the heart of Southern Minnesota farm country!

Listing Agent

Mark Nelson

Timber Ghost Realty, LLC Listed on: 06/03/2025

Timber Ghost Realty, LLC

Co-Listing Agent

Jim Nelson

Timber Ghost Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,884

Lot Details

  • Home fronts a creek
  • 3,000 Feet of Waterfront
  • Wire Fence
  • Zoning described as Agriculture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 090300013

Property Details

Property Type

Land

Est. Annual Taxes

$6,884

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Improvements: Fence
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements
  • Basement YN: No

Exterior Features

  • Fencing: Wire
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 3000
  • Farm Type: Crop

Utilities

  • Utilities: Electricity Available, Natural Gas Available, None Connected
  • Power Company: Freeborn - Mower Cooperative Services

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Leroy-Ostrander
  • SchoolDistrictPhone: 5073245743

Lot Info

  • Topography: Rolling
  • Lot Size: 1x1
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • Crop Type: Beans, Corn
  • All Program Acres: 0

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 090300013
  • Tax Annual Amount: 6884
  • TaxWithAssessments: 6884
  • TaxableAcres: 195.27

Multi Family

  • WaterfrontFeatures: Creek/Stream

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2025 06/04/25 Price Changed $1,349,000 +3.8% --
06/03/2025 06/03/25 For Sale $1,299,000 -- --
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6730936

NorthstarMLS
Your Personal Tour Guide

Ask me questions while you tour the home.