FARM FOR SALE/INVESTMENT INCOME/HUNTING - 80 acres (more or less)
Legal Description: W ½ SE ¼ of Section 17, Township 106N, Range 39W, (Des Moines River Twp), Murray County, MN.
Asking Price: $7,250 per acre or $580,000.
Farm Location: Property is located 5 miles south of Dovray, MN with good road access along County Road 7.
Property Description: Here is an opportunity to purchase a farm with good tillable land, CRP, and a building site. This farm contains approximately 64.46 tillable acres, 10.22 acres of CRP, and a 5.02 acre building site, with the balance in road and ditch right of way. The topography of the cropland is mostly gently to moderately rolling with most slopes 0-6%. The topography promotes good surface drainage and this farm contains internal tile drainage. The farm has good productive soils with a Crop Productivity Index (CPI) of 89.1 and a Crop Equivalency Rating (CER) of 66.7.
The farm has a 5.02 acre building site with an older house and barns all surrounded by a well-established, mature grove that provides good winter protection and cover and habitat for wildlife. This is an excellent hunting location as it is adjacent to the Des Moines River bottom and adjacent to other properties that contain wetlands and dense woodland.
The 10.22 acres of CRP is planted to native grass species which provides good pheasant nesting habitat and cover. Additional cropland may be enrolled into CRP with the possibility of restoring wetlands on the property while obtaining a high CRP rental payment.
Terms: 15% earnest money will be due upon signing a purchase agreement. Possession available after closing.
Seller: Phyllis Lindstrom Estate