Land Sale of the Week: $5,600/acre in Southwest Minnesota

September 16, 2016 03:00 PM

Mike Walsten

An Aug. 29 auction in Murray Co., Minn., saw 150 acres sell for $5,600 an acre. The farm was located 22 miles northeast of Pipestone. It featured 132 tillable acres tillable and a soil PI of 70. It also offered an annual wind lease payment of $4,400.

Handling the auction was Dean Stoltenberg, Pipestone Realty, Jasper, Minn., 507-348-7352, and Chuck Sutton, Auctioneer and Land Broker, Sioux Falls, S. Dak., 605-336-6315.

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