$3,728,803
Dexter, MN 55926
MLS# 6689450
Status: Closed
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Property Description
This Mower County tract of land checks all the boxes you are seeking in a highly productive farm. The parcel is contiguous. The South boundary adjoins I-90 and field access is on 240th Street one mile West of Dexter. The land features pattern drain tile installed throughout the entire parcel. Drainage documentation , Soil maps, Tillable maps are available by contacting the Listing Broker. The land has been farmed by a conservation minded neighbor and is well maintained. Drainage ways, buffers and drain tile are in excellent condition. Large contiguous tract, efficient to operate and interior access road into the property. The Dexter area has excellent soil with this farm having a Crop Productivity Index rating of 92.5. Class A soils, excellent drainage, well maintained conservation improvements and soil biology have this farm ready to produce high yields. Xcel Energy Wind Turbine lease on the property generates additional income.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-04-29
Contingency: None
Current Price: $3,728,803
Closed Date: 2025-07-15
Original List Price: 4516000
Sales Close Price: 3728803
ListPrice: 4516000
List Date: 2025-03-21
Office/Member Info
Association: SPAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: Irregular
Acres: 304.75
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Fire Number: South
Legal Description: Section 26 Township 103 Range 016
N1/2 W OF HWY EXC 18AC IN N1/2 NE1/4 DO
Listing City: Dexter
Map Page: 999
Municipality: Dexter Twp
School District: Southland
School District Phone: 507-582-3283
Property ID Number: 050260015
Tax Year: 2025
Tax Amount: 115532
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: This Mower County tract of land checks all the boxes you are seeking in a highly productive farm. The parcel is contiguous. The South boundary adjoins I-90 and field access is on 240th Street one mile West of Dexter. The land features pattern drain tile installed throughout the entire parcel. Drainage documentation , Soil maps, Tillable maps are available by contacting the Listing Broker. The land has been farmed by a conservation minded neighbor and is well maintained. Drainage ways, buffers and drain tile are in excellent condition. Large contiguous tract, efficient to operate and interior access road into the property. The Dexter area has excellent soil with this farm having a Crop Productivity Index rating of 92.5. Class A soils, excellent drainage, well maintained conservation improvements and soil biology have this farm ready to produce high yields. Xcel Energy Wind Turbine lease on the property generates additional income.
Directions: From I90 at Dexter exit, North to United Farmers Bank turn left on 245 Ave, curve left onto 669th and follow until 669th curves right (West) onto 240th St West to 660Th Street. Access is South of 240th Street on Wind Turbine access road.
Acreage Information
Taxable Acres: 304
Tillable Acres: 282.7
Additional Parcels Information
Property ID #2: 020260041
Property ID #3: 050270025,050270060
Assessments
Assessment Balance: 0
Tax With Assessments: 0
Builder Information
Builder Restrictions: Open
Crop Type
Beans: 1
Corn: 1
Development Status
Raw Land: 1
Farm Type
Crop: 1
Financing Terms
Cash: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 16
Section#: 26-27
Township#: 103
Restriction/Covenants
Easements: 1
Easements-Utility: 1
Road Frontage
Township: 1
Sale Options
Sell Entirely: 1
Soil Type
Loam: 1
Topography
Gently Rolling: 1
Level: 1
Available Utilities
Electricity Available: 1
None Connected: 1
Improvements
None: 1
Land Inclusions
Easements: 1
Property SubType
Agricultural Land: 1
Location Tax and Other Information
House Number: xxxx
Street Name: 240th Street
Postal City: Dexter
County: Mower
State: MN
Zip Code: 55926
Property Features
Available Utilities: Electricity Available; None Connected
Crop Type: Beans; Corn
Development Status: Raw Land
Farm Type: Crop
Financing Terms: Cash
Improvements: None
Land Inclusions: Easements
Property SubType: Agricultural Land
Road Frontage: Township
Sale Options: Sell Entirely
Soil Type: Loam
Topography: Gently Rolling; Level
Listing Office: Land Vista LLC.
Last Updated: July - 19 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.