Ken & Stell Peterson Farm Sale - SOLD $1,322,000

General Information: Opportunity to purchase 240 acres of excellent quality farmland in SE Yellow Medicine County. Good tile drainage with excellent outlets into County Tile or County Drainage Ditch.

Legal Description: NW¼ and N½ SW¼ Section 25 T-113-N R-38-W (Echo Twp) Yellow Medicine Co., MN

Farm Location: Property is located approximately 5 miles northeast of Vesta or 3.5 miles southeast of Echo. At intersection of 630th Street and 120th Ave farm is in SE corner.

Deeded Acres: 240 more or less

Tillable Acres: 226.63 (220.56 cultivated 6.07 CRP buffer strip)

CPI Rating: 92.5

CRP contract: pays $1,321 annually ($217.64/acre) through 2031.

Asking Price: $1,524,000 or $6,350/deeded acre

Real Estate Taxes: 2019 taxes $10,410.00 (Non-Homestead)

USDA Classification: NHEL, PC/NW

Terms: 15% earnest money due with a signed purchase agreement. Possession available after closing.


Exterior Amenities
630th Street
Echo, Minnesota
County: Yellow Medicine
Sale Type: Sold
Category: Sold
Lot Acres
240.00
630th Street
Echo, Minnesota
County: Yellow Medicine
Sale Type: Sold
Category: Sold
This information provided herein is received from other sources and is believed to be correct. NORTHWESTERN FARM MANAGEMENT COMPANY, BROKER does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.