6754 590th Ave

Wells, MN 56097

$995,000
Price
3,501,788 / 80.39
Lot Size / Acres

Description

80.39 acres M/L of prime farmland in Faribault County, Minnesota. If you're looking to invest in high-quality, income-producing farmland, this 80.39 acre tract just south of Walters, Minnesota, deserves your full attention. Farms like this don’t come around often. Located in the heart of Faribault County, this farm boasts approximately 77.89 tillable acres M/L, carrying a Productivity Index (PI) of 86.2. The soils—Delft clay loam, Canisteo clay loam, Biscay clay loam, Clarion-Swanlake and Clarion-Storden...80.39 acres M/L of prime farmland in Faribault County, Minnesota. If you're looking to invest in high-quality, income-producing farmland, this 80.39 acre tract just south of Walters, Minnesota, deserves your full attention. Farms like this don’t come around often. Located in the heart of Faribault County, this farm boasts approximately 77.89 tillable acres M/L, carrying a Productivity Index (PI) of 86.2. The soils—Delft clay loam, Canisteo clay loam, Biscay clay loam, Clarion-Swanlake and Clarion-Storden complexes, and Grogan silt loam—are well-suited for long-term row crop production, offering both fertility and consistency year after year. What makes this opportunity even more attractive is the flexibility it offers. The current landowner is willing to lease the property back making this an ideal situation for investors seeking reliable rental income with a built-in tenant who knows and respects the land. The seller is open to renting the land back on a 3 year lease. Call the agents to discuss potential lease terms and conditions. The seller will have a manure easement on property, giving the seller the right to apply manure to the property in the future. The seller has applied fall chemical and fertilizer to the land in preparation for the 2026 crop year. If the seller is not the operator/renter of the land for the 2026 crop year, the seller will be reimbursed by the buyer for the cost of the chemicals and fertilizer that were applied. The seller will provide receipts. The seller has removed the farmstead buildings and trees that appear on some of the maps to increase the estimated number of tillable acres to 77.89 M/L. There is a ditch on the west and south sides of the property to provide easy drainage. Whether you're looking to expand your operation or add a premium farm to your investment portfolio, this parcel checks all the right boxes: productive soils, a clean layout, and excellent access in a proven farming area.
  1. Listed by Peoples Company

Property Details for 6754 590th Avenue

Zoning Jurisdiction
Agriculture
LISTING UPDATED: 12/17/2025 12:46 PM

Property Details for 6754 590th Avenue

StatusActive
MLS #6811441
Days on Compass21
Taxes$3,813 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built1930
Lot Size80.39 AC
CountyFaribault County

Location

Listing Courtesy of Peoples Company
Add your commute

Building Information for 6754 590th Avenue

Lot Size80.39 AC

Payment Calculator

$5,167 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,849

Property Taxes

$318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6754 590th Avenue

Summary
Location and General Information
  • City Name: Walters
  • County Or Parish: Faribault
  • County: Faribault-MN
  • Directions: From Walters, MN at the intersection of 600th Ave and E 2nd St, drive south on 600th Ave for 1.4 miles to 70th St, then turn right and drive west on 70th St. for 1 mile to 590th Ave. This will put you at the NW corner of the property. Sign Posted.
  • Latitude: 43.584763
  • Longitude: -93.683282
  • Map Coordinate: 999-A1
  • City and Location: Walters
  • City and Location Text: Walters(MN)
  • Postal Code: 56097
  • State Or Province: MN
  • Public Survey Township: 101
  • Topography: Gently Rolling
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 110020300
  • Tax Annual Amount: $3,813.00
  • Tax Legal Description: SECT-02 TWP-101 RANGE-024 80.39 AC N 1/2 OF NW 1/4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3866
School Information
  • High School District: 1041 - United South Central
  • School District Number: 1041
  • School District Phone: 5075533134
Property
Lot Information
  • Cultivated Area: 77.89
  • Crop Type: Beans,Corn
  • Farm Type: Crop
  • Living Area Units: Square Feet
  • Lot Size Area: 80.39
  • Lot Size Dimensions: 1x1x1
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
  • Taxable Acres: 80.39
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: None Available, None Connected
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Road Frontage Type: Unpaved Streets
Interior Features
  • Basement YN: No

Property History for 6754 590th Avenue

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Price Change

NorthStar #6811441

$995,000—
Dec 10, 2025

Price Change

NorthStar #6811441

$803,900—
Oct 30, 2025

Price Change

NorthStar #6811441

$1—
Oct 30, 2025

Listed (Active)

NorthStar #6811441

—
DateEvent & SourcePrice
12/10/2025

Price Change

NorthStar #6811441

$995,000
12/10/2025

Price Change

NorthStar #6811441

$803,900
10/30/2025

Price Change

NorthStar #6811441

$1
10/30/2025

Listed (Active)

NorthStar #6811441

—

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

Public Records for 6754 590th Avenue

Taxable ValueLand$675,000Additions$49,000Total$724,000
Tax Record2024$3,866 ($322 / month)
Home Facts
Beds0Total Finished SqFt1,381 SqFtAbove Grade Finished SqFt1,381 SqFtStories1Lot Size3,458,228 SqFtStyleSingle Family ResidenceYear Built1930CountyFARIBAULTAPN11.002.0300

Schools near 6754 590th Avenue

This home is within United South Central School Dist..
Rating
School
Type
Grades
Distance
United South Central Elementary School
Public - PK to 6
United South Central High School
Public - 7 to 12
Rating
School
Distance
United South Central Elementary School
PublicPK to 6

United South Central High School
Public7 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 6754 590th Avenue, Wells, MN 56097

6754 590th Avenue is a 80.39 ac of land for sale in Wells, MN 56097. This property was listed for sale on October 30, 2025 by Peoples Company, it's currently listed at $995,000. This listing's school district is United South Central School Dist.. Nearby schools include United South Central Elementary School and United South Central High School. 6754 590th Avenue is a 0-bed, 0-bath, 80.39 ac of land built in 1930 on a 3,501,788 sq. ft. / 80.39 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.

Listing Courtesy of Peoples Company

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/07/2026 02:31 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.