56 Highway 56

Le Roy, MN 55951

$900,000
Price
8,505,961 / 195.27
Lot Size / Acres
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Active Under Contract
Active Under Contract

Description

Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 123-acre farm near Leroy features highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 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...Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 123-acre farm near Leroy features highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by 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 $305 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. 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
  2. Listed by Timber Ghost Realty, LLC

Property Details for 56 Highway 56

Waterfront Features
Creek/Stream
Waterfront YN
Yes
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 06/12/2026 11:46 AM

Property Details for 56 Highway 56

StatusActive Under Contract
MLS #7092026
Days on Compass0
Taxes$6,884 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size195.27 AC
CountyMower County
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Location

Listing Courtesy of Timber Ghost Realty, LLC
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Building Information for 56 Highway 56

Lot Size195.27 AC

Payment Calculator

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$5,058 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,485

Property Taxes

$574

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 56 Highway 56

Summary
Location and General Information
  • City Name: Le Roy
  • 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
  • PLAT: 0
  • Map Coordinate: 999-A1
  • City and Location: Le Roy
  • City and Location Text: Le Roy(MN)
  • Postal Code: 55951
  • State Or Province: MN
  • Public Survey Township: 101
  • Waterfront Property YN: No
  • Topography: Rolling
  • Water Body Name: Unnamed Lake
  • Waterfront Footage: 999999999
  • Waterfront Descrip: 4-10
  • Waterfront Frontage: 3000
Taxes and HOA Information
  • Additional Parcels Description: 0903000012
  • Additional Parcels: Yes
  • 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
School Information
  • High School District: 499 - Leroy-Ostrander
  • School District Number: 499
  • School District Phone: 5073245743
Property
Lot Information
  • Cultivated Area: 140.0
  • Crop Type: Beans,Corn
  • Farm Type: Crop
  • Living Area Units: Square Feet
  • Lot Size Area: 195.27
  • Lot Size Dimensions: 1x1
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
  • Taxable Acres: 123
  • Wooded Area: 45.0
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Electricity Available, Natural Gas Available, None Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Wire
Interior Features
  • Basement YN: No

Property History for 56 Highway 56

DateEvent & SourcePriceAppreciation
Jun 12, 2026

Price Change

NorthStar #7092026

$900,000—
Jun 12, 2026

In Contract

NorthStar #7092026

—
Jun 2, 2026

Off Market

NorthStar #6730936

—
DateEvent & SourcePrice
06/12/2026

Price Change

NorthStar #7092026

$900,000
06/12/2026

In Contract

NorthStar #7092026

—
06/02/2026

Off Market

NorthStar #6730936

—

For completeness, we 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Timber Ghost Realty, LLC

Based on information submitted to the MLS GRID as of 06/12/2026 11:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.