185th Ave, New Ulm, MN 56073

This property is located in Section 15 of Milford Township - 2 miles west of New Ulm and ½ mile north on 185th Avenue. The property is 39.03 surveyed acres with 34.95 acres enrolled in the Conservation Reserve Program (CRP). The CRP acres are enrolled in two separate contracts. Contract #1 is in a CP21 program that was enrolled in 2016 and will expire in 2026. Contract #1 is comprised of 10.5 acres with an annual rental rate of $276.45 per acre or $2,903 per year. Contract #2 is in a CP23A program that was enrolled in 2021 and will expire in 2036. Contract #2 is comprised of 24.45 acres with a rental rate of $287.93 per acre or $7,040 per year. The 2023 CRP Payment and Real Estate Taxes will be prorated to the day of closing. Farmland: These CRP acres are extremely clean with almost no volunteer tree or woody vegetative growth. This will be a benefit to anyone looking to convert these acres from CRP back into production.