112.85 Acres with Country Building Site For Sale in Marion Township, MN
This 112.85 acre property in Marion Township, Olmsted County, MN offers a well-rounded opportunity featuring farmland, a country home, and multiple outbuildings. The property includes 112.85 total acres, with 88.36 tillable acres and an additional 7.0 acres currently used as an RC flying field, which will be converted into tillable land. The land has a CPI of 55.1. The home, built in 1963, offers 4 bedrooms, 2 bathrooms, and 2,304 square feet of living space. The home is currently tenant-occupied. Property also offers a 48ft x 130 ft Shed with 14ft Sidewalls, and 1 36ft bi-fold door and 17'6" side sliding door with full concrete floor and grain liner along the inside wall. Total property taxes for 2025 are $9,328.
A 1.5% earnest money deposit is required for purchase and closing fees are TBD, but will be split 50/50. Income from the Tillable Acres, House, and RC Flying Field will be pro-rated at closing. A 2% Buyer Premium will be added to the final purchase price.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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