MLS 20-24423 - 125 Acres E of Fergus Falls for $199,000

"Nature lovers and Hunters! Landmark property with 125 years of successful hunting. Deer, Turkeys, Ducks, Geese, Grouse, and Pheasants. This unbelievable 125 acre property has it all from Ponds & Wetlands, Rolling Hills of Native Prairie with amazing Wildflowers and your own personal island on a private lake. Secluded and close to Fergus Falls. Agent is related to seller"


County Data:
Parcel 06000010006000 (North Parcel, 94.32 acres)
Parcel 06000120084000 (South Parcel, 28.84 acres)
Currently owned by Lori Fabian who has a PO Box in Fergus. 
Fabian bought as part of multi-parcel sale in 2009 from the Webber Estate for a total of $503,000, then split off parcels:
    Parcel 06000010006000:    Current assessed value $81,911
    Parcel 06000120084000:    Current assessed value $37,055
    Parcel 06000010006001:    Sold 10 acres for $65,000 in 2010
    Parcel 06000120084001:    Sold 72.17 acres for $281,610 in 2011
    Parcel 06000120084002:    Sold 14.00 acres for $50,000 in 2011
    Parcel 06000120084004:    Sold another 14.22 acres to same buyer for $72,000 in 2014
    Parcel 06000120084003:    Sold 54.91 acres total for $60,000 in 2012 and another $60,000 in 2015 (Two separate parcels combined into one.)
    Total of sales: $588,610 - so anything they get from this "Scrap" parcel will be pure profit.

Land Detail from the County:
    Agricultural Wasteland: 17.67 acres (I have no idea what this is)
    Pasture:    63.97 acres
    Woodlot:    5 acres
    Wetland:    36.65 acres
So they are asking about $2,252 per acre for what usable land there is.


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