115th St W, Montgomery, MN 56069

Live and Online Auction: August 21st 2026 at 11:00am at the The American Bar and Grill, 102 Elm Ave SW, Montgomery, MN 56069. Rice County farmland located in Sections 15, 16, and 22 of Erin Township. The property consists of 186.55± deeded acres with approximately 175± FSA tillable acres and a Crop Productivity Index (CPI) of 77.4. The property has public road access from 115th Street West, which serves as an access road coming south off of State Highway 21. 115th Street West borders the north side of the property and functions as a no-maintenance public road. Jasper Avenue borders the west side of the property and also serves as a no-maintenance public road, providing additional access for farming equipment during harvest and planting seasons. A waterway runs throughout the property and provides effective drainage for the farmland acres. The ditch system has recently been dredged to help ensure proper water flow and drainage performance across the farm. Along the ditch, there is a compliant 50-foot-wide grass buffer on each side of the waterway. There is a culvert and crossing in the northeast portion of the property for easy access to those acres east of the drainage ditch. All tile outlets along the ditch are marked with flags. In addition to the tillable value, this property has multiple building eligibilities. Those eligibilities may be transferred within the township. Building rights in this area can add significant value. All building eligibility and transfer eligibility should be established with the county prior to purchase.