TBD 540th Avenue
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About this home
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! *135 +/- acres of high-quality tillable ground *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
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Lot size
- 148.34 acres
- Lot dimensions
- irregular
- Road frontage
- County Road, Paved Streets, Township, Unpaved Streets
- Road responsibility
- Public Maintained Road
- Parcel #
- 130240200
- Zoning
- Agriculture
Construction
- Property type
- Land
Utilities
- Utilities
- None Connected, Other Available
Community & HOA
- HOA
- No HOA
- School district
- 2134 - United South Central
- High school district
- United South Central
Financial & listing details
- Annual tax
- $4,168 (2026)
- Listed
- Oct 1, 2026
- Days on market
- 0
- Inclusions
- For Sale Sign
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
TBD 540th Avenue, Wells, MN, 56097
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
