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, 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 SteeleWaseca 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 farmall 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.