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    50167 230Th St Minnesota Lake, MN 56068

    Under Contract
    For Sale
    $630,000

    Farm - Minnesota Lake, MN

    Type:Farm
    Property size:
    1,878 SF
    Lot size:
    10.40 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 50167 230Th St

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active Under Contract
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Living Room
    Bedrooms
    4
    Bathrooms
    3
    APN
    13.008.0200/13.017/0600
    Parking
    3
    Parking features
    Garage, Garage - Attached
    Interior features
    Eat-in Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups, Unfinished
    EntryLevel
    16
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    1,878 SF
    Lot size
    10.40 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Flooring type
    Hardwood, Tile, Wood
    Roof type
    Metal
    Architectural style
    Other

    Homestead Realty LLC (507) 893-4803 [email protected]

    Listing agent JUDY NESS (507) 893-4803

    Listing date Oct 24, 2025

    MLS# 7037608 Listing URL

    Copyright © 2025 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Farm with Grain Storage

    This property presents an opportunity to own a well-maintained farm featuring a move-in ready home with three to four bedrooms and a triple attached garage. The site includes numerous outbuildings and a bin site equipped with a dryer bin, wet holding bin, air transfer system, and over 130,000 bushels of grain storage. Additional outbuildings consist of an 80x135 steel utility building constructed in 2013, a 36x100 hog building with an 8-foot pit, and a 40x60 quonset. The 1,878 square foot house includes a sunroom, remodeled kitchen, living room with a gas fireplace, formal dining room, lower level, and main floor laundry. It also features a main floor bedroom or office, three upper-level bedrooms, and three bathrooms. Noteworthy features include maintenance-free steel siding and shingles, a heated triple attached garage with a bonus room above, a deck, a landscaped yard, and a compliant septic system. The property is situated on 10.4 acres in Minnesota Lake, MN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Minnesota Lake
    County
    Faribault
    State
    Minnesota
    Longitude
    -93.865563
    Latitude
    43.819104

    Nearby Similar for Sale

    • $759,900

      Minnesota Lake Industrial Metal Building

      Heavy-duty metal building on 3.95 acres near Mankato.
      10198 614Th Ave, Minnesota Lake, MN 56068
      View Details

    FAQs

    What type of property is this?
    Farm - Move-in ready farm with home, outbuildings, and grain storage.
    Where is this farm located?
    The property is located at 50167 230Th St Minnesota Lake, MN.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: - Extensive grain storage: 130,000+ bushels capacity.; - Large 80x135 steel utility building, constructed in 2013.; - Triple attached heated garage with bonus room.
    (507) 893-4803
    Request Owner's contact information
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    Minnesota Lake, MN 56068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50167 230Th St Minnesota Lake, MN 56068
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