240th St, Ormsby, MN 56162
Home Highlights
Lot/Land
162.5 acre lot
Local Information
- Map ViewExplore the area around 240th St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
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About this House
Take a look at this exceptional 162.5 +/- acre farm in Martin County, Minnesota! Featuring approximately 158.51 +/- tillable acres and an outstanding CPI of 95, this is a highly productive, nearly all-tillable farm with some of Southern Minnesota's most desirable soils.
Primary soil types include Canisteo-Glencoe Complex and Nicollet-Crippin Complex. Nicollet-Crippin Loam carries an impressive CPI of 100. The farm's gently rolling topography provides natural drainage and long-term productivity.
Numerous drainage tile projects have been completed throughout the farm. The property also benefits from access to multiple county tile outlets, as shown on the drainage map, including the newly improved Judicial Ditch No. 9 (JD 9) county main. This improved drainage infrastructure provides an excellent outlet for the farm and adds significant long-term value to the property.
JD 9 Improvement Assessment:
Assessment Balance: $157,035.48
Interest Rate: 4%
Maturity: 2041
*The building site has been surveyed off, an FSA reconstitution will be required. All FSA information is subject to change. FSA information is estimated.
FARM LEASE
The property is open to farm for the 2027 growing season.
AUCTION METHOD
Timed Online-Only Auction
Bidding will begin to close November 17th, 2026 at 1:00 PM CT.
Legal Description:
W 1/2 , SE 1/4 & E of Railroad, SW 1/4, Section 6, Township 104, Range 32, excluding approx. 6.38 acre building site.
Driving Directions:
From Ormsby, MN drive South for 1 mile on HWY 4, turn West onto 240th street, drive for 1 mile and property will be on the North side of the road. Signs will be posted.
2026 TAXES & ASSESSMENTS: Tax- $4,860.14 - Assessments- $16,574.96
This is truly an outstanding Martin County farm. With 158.51 +/- tillable acres, a 95 CPI, highly productive soils, extensive drainage tile, and access to an improved county drainage outlet, this property checks many of the boxes buyers look for in a high-quality Southern Minnesota farm.
Opportunities to purchase farmland of this caliber do not come around often. Whether you are looking to expand your farming operation or add a high-quality agricultural asset to your land portfolio, this farm deserves a serious look.
Primary soil types include Canisteo-Glencoe Complex and Nicollet-Crippin Complex. Nicollet-Crippin Loam carries an impressive CPI of 100. The farm's gently rolling topography provides natural drainage and long-term productivity.
Numerous drainage tile projects have been completed throughout the farm. The property also benefits from access to multiple county tile outlets, as shown on the drainage map, including the newly improved Judicial Ditch No. 9 (JD 9) county main. This improved drainage infrastructure provides an excellent outlet for the farm and adds significant long-term value to the property.
JD 9 Improvement Assessment:
Assessment Balance: $157,035.48
Interest Rate: 4%
Maturity: 2041
*The building site has been surveyed off, an FSA reconstitution will be required. All FSA information is subject to change. FSA information is estimated.
FARM LEASE
The property is open to farm for the 2027 growing season.
AUCTION METHOD
Timed Online-Only Auction
Bidding will begin to close November 17th, 2026 at 1:00 PM CT.
Legal Description:
W 1/2 , SE 1/4 & E of Railroad, SW 1/4, Section 6, Township 104, Range 32, excluding approx. 6.38 acre building site.
Driving Directions:
From Ormsby, MN drive South for 1 mile on HWY 4, turn West onto 240th street, drive for 1 mile and property will be on the North side of the road. Signs will be posted.
2026 TAXES & ASSESSMENTS: Tax- $4,860.14 - Assessments- $16,574.96
This is truly an outstanding Martin County farm. With 158.51 +/- tillable acres, a 95 CPI, highly productive soils, extensive drainage tile, and access to an improved county drainage outlet, this property checks many of the boxes buyers look for in a high-quality Southern Minnesota farm.
Opportunities to purchase farmland of this caliber do not come around often. Whether you are looking to expand your farming operation or add a high-quality agricultural asset to your land portfolio, this farm deserves a serious look.
Contact this Building
Last check for updates: about 3 hours ago
Listing courtesy of Sean Haberman
Heritage Land & Auction Group/ Real Broker, (507) 360-6575
Source: REALSTACK, MLS#118076
Home Details for 240th St
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Days on Market: 45 days on Trulia |
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Property Type / Style Property Type: Lot Land |
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Listing Agent MLS/Source ID: 118076 |
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Lot Area: 0.00 Acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 21, 2026 Source: REALSTACK #118076 | Listed For Sale | $0 |
Around this home
Market trends in Ormsby
Last updated September 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
5.21 | Lot/Land | $3,500 | 11/21/25 | - | - | ||
5.47 | Lot/Land | $5,000 | 04/01/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | 5 | 1 | 1,973 | Off Market | |
0.55 | $317,300 | 4 | 2 | 2,106 | Off Market | |
0.57 | $264,200 | 3 | 1 | 924 | Off Market | |
0.57 | - | Studio | - | - | Off Market | |
0.59 | $279,200 | 4 | 1 | 1,914 | Off Market | |
0.59 | - | Studio | - | - | Off Market | |
0.61 | - | 3 | 1 | 1,637 | Off Market | |
0.61 | $556,900 | 4 | 3 | 2,417 | Off Market | |
0.61 | $126,600 | Studio | - | - | Off Market | |
0.61 | $369,800 | Studio | - | - | Off Market | |
0.65 | $689,200 | 4 | 1 | 1,588 | Off Market | |
0.65 | - | Studio | - | - | Off Market | |
0.65 | $654,500 | 4 | 1 | 2,118 | Off Market | |
0.65 | $716,200 | Studio | - | - | Off Market | |
0.68 | - | 3 | 1 | - | Off Market | |
0.68 | $256,800 | 3 | 1 | 1,080 | Off Market | |
0.72 | $449,400 | Studio | - | - | Off Market | |
0.76 | $159,600 | 4 | 2 | 728 | Off Market | |
0.84 | - | 3 | 1 | 1,080 | Off Market | |
0.84 | $674,900 | Studio | - | - | Off Market |
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New Listings near 240th St
240th St, Ormsby, MN 56162 is a lot/land. This property is currently available for sale and was listed by REALSTACK on Sep 21, 2026. The MLS # for this home is MLS# 118076.