Farm with Grain
New
For Sale
$489,000
1923 131st St, Magnolia, MN 56158
A 2-bedroom residence, substantial shop space, and grain-handling infrastructure occupy this rural property.
Property Size1,232 SF
Price / SF$396.92
Days on Market4
Property Features for 1923 131st St
General Information
Standard status
Active
Size
1,232 SF
Property subtype
Farm/Estate
Amenities
Lot Size Acres: 7.48
Asphalt Roof
Total Taxes: $1,112, Percentage of Tax that is Deductable: 0
Carpet Floor
Garage Type: Attached, 2 Garage Spaces
Has Central AC: 1
Forced Air Heating, Electric Heat Fuel
Sale, Sale Type: Foreclosure
Unfinished
2 Bedrooms
Built in 1979
Above Area Square Feet: 1232
2 Full Baths, One Half Bath
Dining Room
Living Room
General Outbuilding
Hardi Siding
Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Building Details
Year Built
1979
Listing Agency:
Zomer Company
Listed By:
Ryan Zomer · License #S56362000
(712) 476-9443
Source:
Doyle-realty
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 3:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zomer Company
Investment Insights
Based on property information with market context.
Set on 7.48 acres, the property includes a 1,232-square-foot, 2-bedroom, 2-bathroom home built in 1979. Improvements completed in recent years include windows installed in 2020, a new electric furnace in 2023, and siding, roof, gutters, and doors replaced in 2024. The basement has a radon system, battery-backed sump pump, and perimeter tile.
A 60-by-99-foot Morton building provides an all-concrete floor, 14-foot sidewalls, a 24-by-12-foot overhead door, water service, and 220-volt electric. New tin was installed on the building in 2024. Four grain bins have approximate capacities of 42,000, 18,000, 10,000, and 9,000 bushels. The two larger bins have power sweeps; the 10,000-bushel bin has drying capability, with a DMC continuous system, two new burners, and two new centrifugal fans.
Services include Rock County Rural Water, Sioux Valley Electric, and Alliance internet. The property is located at 1923 131st St in Magnolia, Minnesota.
A 60-by-99-foot Morton building provides an all-concrete floor, 14-foot sidewalls, a 24-by-12-foot overhead door, water service, and 220-volt electric. New tin was installed on the building in 2024. Four grain bins have approximate capacities of 42,000, 18,000, 10,000, and 9,000 bushels. The two larger bins have power sweeps; the 10,000-bushel bin has drying capability, with a DMC continuous system, two new burners, and two new centrifugal fans.
Services include Rock County Rural Water, Sioux Valley Electric, and Alliance internet. The property is located at 1923 131st St in Magnolia, Minnesota.
Key Highlights
- 7.48 acres with a 2‑bedroom, 2‑bathroom home
- 60‑by‑99‑foot Morton building with concrete floor and 14‑foot sidewalls
- Four grain bins with approximate capacities of 42,000, 18,000, 10,000, and 9,000 bushels
Property Analytics
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Demographics for 56158, MN
407
Population
152
Households
2.7
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
37.4 sq mi
ZIP Area
11
Density / Sq Mi
$47,212
Median Household Income
$36,818
Median Earnings
$757
Median Rent
$108,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Farm - A 2-bedroom residence, substantial shop space, and grain-handling infrastructure occupy this rural property.
Where is this farm located?
The property is located at 1923 131st St Magnolia, MN.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 7.48 acres with a 2‑bedroom, 2‑bathroom home; 60‑by‑99‑foot Morton building with concrete floor and 14‑foot sidewalls; Four grain bins with approximate capacities of 42,000, 18,000, 10,000, and 9,000 bushels
