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  • $1,600,000

    540th Ave, Wells, MN 56097

    --beds
    --baths
    148.34Acres
    Unimproved Land
    Built in ----
    148.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Gently rolling
    Highly productive income-producing farm available in Faribault County. Approximately 148 +/- total GIS acres of straight, income producing land that maintains a Productivity Index Rating of 88.3. Much of this property is gently rolling, has a straight layout, and includes a large amount of pattern tiling. This would be an excellent property for someone looking to add to their existing farming operation for the 2027 growing season as the current rent contract expires after 2026 harvest. If you are looking to develop your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further! *134 +/- FSA tillable acres *88.3 Productivity Index Rating supporting dependable yields and long-term investment value *Yearly rent income of $40,000; current rent contract expires after 2026 harvest or 12-31-2026 *Available to be farmed for the 2027 growing season *Great addition to any farming operation *Exceptional option to complete a 10-31 tax exchange *4 miles from Wells and Minnesota Lake
    17 days
    75
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Larson 507-382-1416,

    Weiss Realty LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7154649MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Lot
      • Size: 148.34 Acres
      • Topography: Gently Rolling,Level
      Details
      • Parcel number: 130240200
      • Zoning description: Agriculture

      Utilities & green energy

      • Utilities for property: None Connected, Other Available

      Community & HOA

      Community
      • Features: No
      HOA
      • Has HOA: No
      Location
      • Region: Wells

      Financial & listing details

      • Annual tax amount: $4,168
      • Date on market: 10/3/2026
      • Inclusions: For Sale Sign
      • Road surface type: Paved, Unimproved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/3/2026Listed for sale$1,600,000
        Source: NorthstarMLS as distributed by MLS GRID #7154649 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56097

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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