56 Highway 56

Le Roy, MN 55951

$1,349,000
Price
8,505,961 / 195.27
Lot Size / Acres

Description

Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 195.27-acre farm near Leroy features over 140 acres of highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 45+ acres of mature hardwoods offering additional value and versatility. Located just off Highway 56 and minutes from major grain markets, this property is ideally positioned for both profitability and access. The current market rate...Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 195.27-acre farm near Leroy features over 140 acres of highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 45+ acres of mature hardwoods offering additional value and versatility. Located just off Highway 56 and minutes from major grain markets, this property is ideally positioned for both profitability and access. The current market rate for tillable land in the area exceeds $345 per acre annually in cash rent, making this a strong income-producing asset. Highlights include:

Ideal for corn and soybean production

Mature timber with exceptional whitetail hunting opportunities

Several prime building sites nestled among the woods

A flowing sand-bottom creek that traverses the property and connects to the Upper Iowa River, just across the highway

Potential to expand your holdings with two neighboring parcels also available (MLS #6731208 and #6731789)

Whether you're a seasoned farmer, a savvy investor, or an outdoor enthusiast looking for the perfect mix of agriculture and recreation, this property checks all the boxes. Don’t miss your chance to own this premier tract in the heart of Southern Minnesota farm country!
  1. Listed by Timber Ghost Realty, LLC

Property Details for 56 Highway 56

Waterfront Features
Creek/Stream
Waterfront YN
Yes
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 06/04/2025 10:24 PM

Property Details for 56 Highway 56

StatusActive
MLS #6730936
Days on Compass207
Taxes$6,884 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size195.27 AC
CountyMower County

Location

Listing Courtesy of Timber Ghost Realty, LLC
Add your commute

Building Information for 56 Highway 56

Lot Size195.27 AC

Payment Calculator

$7,240 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,666

Property Taxes

$574

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Highway 56

Summary
Location and General Information
  • City Name: Le Roy Twp
  • County Or Parish: Mower
  • County: Mower-MN
  • Directions: From I90, take Highway 8 South to Highway 56. Take Hwy 56 SE. The acreage will be on the South side of the Highway. There is also road frontage on 115th Street.
  • Latitude: 43.5257949548
  • Longitude: -92.5566023105
  • Nbr of Acres: 0
  • Lake Chain: N
  • PLAT: 0
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Le Roy
  • City and Location Text: Le Roy(MN)
  • Postal Code: 55951
  • State Or Province: MN
  • Public Survey Township: 101
  • Topography: Rolling
  • Complex Name: Unnamed Lake
  • Waterfront Footage: 999999999
  • Waterfront Descrip: 4-10
  • Waterfront Frontage: 3000
  • Waterfront Desc: Gradual
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 090300013
  • Tax Annual Amount: $6,884.00
  • Tax Legal Description: Section 30 Township 101 Range 014 195.27AC
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 6884.0000
School Information
  • High School District: 499 - Leroy-Ostrander
  • School District Number: 499
  • School District Phone: 507-324-5743
Property
Lot Information
  • Cultivated Area: 140.0
  • Crop Type: Beans,Corn
  • Farm Type: Crop
  • Lot Size Area: 195.27
  • Lot Size Dimensions: 1x1
  • Lot Size Units: Acres
  • Program Acres Total: 0.0000
  • Property Type: Land
  • Taxable Acres: 195.270
  • Wooded Area: 45.0
Utilities
  • Utilities: None Connected, Electricity Available, Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Fencing: Wire

Property History for 56 Highway 56

DateEvent & SourcePriceAppreciation
Jun 4, 2025

Price Change

NorthStar #6730936

$1,349,000—
Jun 4, 2025

Price Change

NorthStar #6730936

$1,299,000—
Jun 4, 2025

Listed (Active)

NorthStar #6730936

—
DateEvent & SourcePrice
06/04/2025

Price Change

NorthStar #6730936

$1,349,000
06/04/2025

Price Change

NorthStar #6730936

$1,299,000
06/04/2025

Listed (Active)

NorthStar #6730936

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 56 Highway 56

This home is within Leroy-Ostrander Public Schools.
Rating
School
Type
Grades
Distance
Leroy Elementary School
Public - PK to 6
Leroy Secondary
Public - 6 to 12
Rating
School
Distance
Leroy Elementary School
PublicPK to 6

Leroy Secondary
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 56 Highway 56, Le Roy, MN 55951

56 Highway 56 is a 195.27 ac of land for sale in Le Roy, MN 55951. This property was listed for sale on June 4, 2025 by Timber Ghost Realty, LLC, it's currently listed at $1,349,000. This listing's school district is Leroy-Ostrander Public Schools. Nearby schools include Leroy Elementary School and Leroy Secondary. 56 Highway 56 is a 0-bed, 0-bath, 195.27 ac of land on a 8,505,961 sq. ft. / 195.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Timber Ghost Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 06:59 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.