For Sale: Pipestone MLS# 7159106
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Property Description
Conveniently located in the heart of Minnesota’s southwestern corner, Pipestone County is widely regarded as some of finest and most fertile farmland in America. These 160 acres feature a CPI of 73.2 and is known to produce profitable yields year over year. The property could offer a picturesque prairie build site, and it is a consistent money maker. An on-site well feeding a 7-section and recently updated electric, Valley-powered center-pivot irrigation system easily defeats occasional dry conditions to ensure consistent soybean and corn production. The square 160 is easily accessible from two road fronts making it a snap to deliver implements for planting and harvest.
With true potential at attractive ROI, an existing renter is open to new contracts, or if the investing farmer is looking to add to a portfolio, this property would make a fine addition to an existing farm. As is the case with most irrigated fields, the corners could make for a productive CRP contract to compliment the income-generating row crop. The investment potential is real and the dirt is priced to move.
Located 6.3 miles northwest of Pipestone, Minnesota, 48 miles northeast of Sioux Falls, 93 miles southeast of Watertown, South Dakota, and nearly 200 miles southwest of Minneapolis.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,568,000
Property Type:
Farm
City:
Pipestone
County:
Pipestone
State:
MN
Property Style:
Other
Zip Code:
56164
Exterior
Fencing:
None
Road Responsibility:
Public Maintained Road
Road Frontage:
- County Road
- Unpaved Streets
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
160
Geolocation:
44.034265, -96.382893
Inclusions:
Watering System
Lot Dimensions:
2, 640 x 2, 640
Restrictions:
Open
Zoning:
Agriculture
Lot Description:
- Corner Lot
- Tillable
Farm
Farm Type:
Crop
Crop Type:
Beans, Corn
Tillable Acres:
160
Topography:
Level
Schools
School District:
2689
District Phone:
5078255861
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,144
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,144
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- Electricity Available
- Electricity Connected
- Water Available
- Water Connected
Power Company Name:
Sioux Valley Energy
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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 Midwest Land Group 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.