High Point Land Company is proud to present this exceptional opportunity to own 78+/- acres in Farmington township, Olmsted County, Minnesota. This versatile farm features approximately 42+/- tillable acres with an impressive 87.4 CPI. The tillable ground consists primarily of well-drained Downs, Tama, and Lindstrom silt loam soils, known for their productivity and suitability for consistent crop performance. The balance of the property provides excellent recreational opportunities, natural beauty, and potential building sites, making it an ideal combination farm and investment property. Conveniently located with easy access to Rochester, this versatile tract is well-suited for farming, hunting, recreation, or future home development opportunities. Property Address: 8615 50th Ave NE, Elgin, MN 55932 Property Features: -Potential building site -Close to Rochester -Easy access -87.4 CPI -42+/- tillable acres -36+/- timber acres
Under contract
$819,000
8615 50th Ave NE, Elgin, MN 55932
0beds
0baths
78Acres
Unimproved Land
Built in ----
78 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural beauty
- 35 days |
- 45 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Krista Borst 507-473-9923,
High Point Land Company, LLC,
Nick Hopp 319-559-2345
Source: My State MLS,MLS#: 11816911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Lot
- Size: 78 Acres
Details
- Parcel number: 832844033116
- Lease amount: $0
Community & HOA
HOA
- Has HOA: No
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $649,400
- Annual tax amount: $4,184
- Date on market: 6/10/2026
- Date available: 06/10/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$1,108/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $819,000 |
Source: REALSTACK #109915 Report a problem | ||
| 6/24/2026 | Contingent | $819,000 |
Source: My State MLS #11816911 Report a problem | ||
| 6/10/2026 | Listed for sale | $819,000 |
Source: My State MLS #11816911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,184 +8.5% | $649,400 +12.1% |
| 2024 | $3,858 | $579,200 +4.8% |
| 2023 | -- | $552,900 |
| 2022 | $2,907 +2.5% | -- |
| 2021 | $2,836 -5.6% | $353,900 +0.1% |
| 2020 | $3,003 +3.8% | $353,600 |
| 2019 | $2,894 +3% | $353,600 |
| 2017 | $2,810 -10.3% | $353,600 -5% |
| 2016 | $3,132 | $372,300 |
| 2015 | $3,132 -7.3% | $372,300 +4.9% |
| 2014 | $3,380 +8.9% | $354,800 +38.9% |
| 2012 | $3,104 | $255,400 +16.6% |
| 2011 | -- | $219,100 +7.6% |
| 2010 | $1,898 -10.7% | $203,700 -25.3% |
| 2008 | $2,126 | $272,800 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55932
Nearby schools
GreatSchools rating
- 4/10Gage Elementary SchoolGrades: PK-5Distance: 6.6 mi
- 3/10Dakota Middle SchoolGrades: 6-8Distance: 8.4 mi
- 8/10Century Senior High SchoolGrades: 9-12Distance: 5.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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