Auction Information
Online Only Auction on 10.70 Acre Hobby Farm with 5 Bedroom Home, Just Nort
Online Only Auction on 10.70 Acre Hobby Farm with 5 Bedroom Home, Just Northeast of Faribault, MN
Property Location: 8465 170th Street E., Nerstrand, MN 55053
Bidding Opens: Saturday January 17, 2026 at 8:00am
Bidding Starts Closing: Tuesday January 27, 2026 at 4:00pm
Open House Dates:
Saturday January 17, 2026 from 10:00am to 12:00noon
Thursday January 22, 2026 from 4:00pm to 5:00pm
Monday January 26, 2026 from 4:00pm to 5:00pm
Property Highlights
This well-maintained 10.70 acre hobby farm offers a rare combination of space, versatility, and location. Nestled in the countryside just northeast of Faribault, the property backs up to Nerstrand Big Woods State Park, providing breathtaking views, abundant wildlife, and direct access to miles of scenic trails.
Spacious 5-Bedroom Country Home
Built in 1953 and thoughtfully updated, this impressive two-story home offers over 4,600 total square feet, wi...
Built in 1953 and thoughtfully updated, this impressive two-story home offers over 4,600 total square feet, with 2,816+ square feet of finished living space. The home is designed for flexibility, featuring a separate live-in suite ideal for extended family, guests, or rental opportunities.
Main Residence Features:
- Open-concept kitchen, dining, and living area with Asian Walnut hardwood floors
- Spacious kitchen with abundant cabinetry and storage
- Main-floor laundry/mudroom
- Main-floor bathroom with dual vanity and tiled shower
- Upstairs features LVP flooring throughout, four large bedrooms, and a half bath
Live-In Suite Features:
- Updated open kitchen with stainless steel appliances and quartz countertops
- Living room with wood-burning fireplace and stone surround
- Narrow oak hardwood flooring
- Main-level full bathroom with large linen closet
- Finished basement featuring a 15' x 14' primary bedroom suite with walk-in shower
- LVP flooring throughout basement living space
- Option for separate entrance, allowing privacy from the main home
Mechanical & Utility Updates
- Conforming mound septic system (2022)
- Slant/Fin CHS-110 on-demand boiler system (2017)
- 115-gallon electric hot water heater (2017)
- New pressure tank (2024)
- Fiber optic internet
- Water softener system - 15 GPM service flow
- 200-amp electrical service
- Septic pump alarm
- Steele-Waseca Cooperative electric service
Outbuildings, Barns and Workshop
- 68' x 36' two-story barn with milk house
o On-demand hot water heater, water softener, and LB White hanging heater
o Currently set up for milking two dairy cows
o Solid, usable condition for livestock or storage
- 24' x 15' granary, remodeled for workshop or hobby use
o In-floor heat in basement
o Insulated and sheetrocked
o Water and electrical service in place
- 32' x 28' detached garage with two overhead doors
- 64' x 32' equipment pole shed with sliding door
- 56' x 32' pole shed, in need of updates and repairs
Land & Location
- 5 acres of pasture, suitable for livestock, hay, or crops
- Directly borders Nerstrand Big Woods State Park
- Exceptional setting for outdoor enthusiasts, hobby farmers, and nature lovers
Additional Information
- Parcel ID:
- 2025 Property Taxes: $3,718
- Legal: Part of the North Half of Section 17, Wheeling Township, Rice County, MN
This is a unique opportunity to purchase a versatile country property with room to live, work, and farm-all selling at online auction. Whether you're seeking a hobby farm, multi-generational living, or a peaceful rural retreat, this property checks the boxes.
Terms: $10,000 Earnest money, which is non-refundable if the Buyer(s) fails to close on said property. The balance is due and payable in full to the seller on or before March 10, 2026 at which time the Buyer(s) shall receive possession and clear marketable title of the property. All Real Estate is selling in AS-IS condition with no warranties or guarantees expressed or implied. All Real Estate sells with no contingencies whatsoever. All real estate taxes due and payable in the year of 2026 shall be pro-rated to the date of closing. All bidders and buyers must have their finances in order prior to auction date.
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About HM Auction Group
Headquartered in Southern Minnesota, HM Auction Group has been proudly serving Minnesota, Iowa, and Wisconsin for over 50 years. As the Midwest’s premier real estate and auction service, we specialize in farm and agricultural land as well as residential real estate, helping property owners maximize value and unlock the full potential of their assets.Our team is committed to exceptional service, combining market expertise with a hands-on approach to deliver a seamless buying and selling experience. With a strong regional presence and an extensive network of buyers and sellers, we provide increased visibility and maximum value for every property.