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300th Ave, Waseca, MN, 56093

--beds
--baths
0sqft
$975,000
--price/sqft
$6,877/moest. monthly cost
$275,080/yrincome needed

About This Home

120.00 acres, m/l, located 2 miles northeast of Otisco, Minnesota west of Hwy 5 / 155th St. This farm has 31.17 FSA/Eff. crop acres with a CPI of 76.80. There are also 45.50 CRP acres enrolled in two CRP contracts. There are 35.80 acres enrolled in a CRP-1 contract that pays $8,377.00 annually and expires 9/30/36. There are 9.70 acres enrolled in a CRP-1 contract that pays $2,680.00 annually and expires 9/30/32. There is an access easement in the northeast corner of the property. This is a unique southern Minnesota property with a perfect mix of wooded and tillable land. The Little Le Sueur River flows through the southern portion of the property and also contains two ponds. This property, located only 8 miles from Waseca, would be perfect for hunting, recreation or a spot to build your dream country home, and is a must-see property.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

3/10
Hartley Elementary SchoolGrades PK-35.7 mi
6/10
6/10
Waseca Senior High SchoolGrades 9-126.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Farm

Property

Details

  • Parcel number: 080101150
  • Zoning: Agriculture

Lot

  • Lot size: 120 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Drought
Hail
Winter Weather
Inland Flooding
Tornado

FEMA Declared Disasters in Waseca County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,930$59,160
Home Insurance *$859$10,308
Property Taxes $918$11,016
Electricity $170$2,050
Total$6,877$82,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,782/yr
40% on housing$206,310/yr
45% on housing$183,386/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 56093$138
Waseca County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 56093
Waseca County$125

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-08Price change$975,000
2026-05-21Listed for sale$1,100,000

For Sale by Agent

AgentDoug Hensley
BrokerageHertz Real Estate Services

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