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Bernie Kemp
Salesperson
REALTOR®
(612) 964-3799

71598 State Highway 56, Hayfield, MN 55940

New - 4 Hours Ago
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29 Total Photos [Click to View All]

Listed By

Agency Name: Midwest Home and Farm Realty
Agency Phone: 507-923-7657

Shown By

Agent Name: Bernie Kemp
Agent Phone: (612) 964-3799
Agency Title: Counselor Realty

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Property Description

4 Bed, 2 Bath | 2,364 SF Home | Fenced Fire-Pit Patio | 10.74 Ac + ~35,000 SF Buildings Most acreages make you imagine outdoor living. This one already has it. The focal point is the fenced backyard?concrete patio, pergola, and stone fire pit right off the sunroom of this 4-bedroom, 2-bath, 2,364 finished sq ft farmhouse.10.74 acres on paved State Highway 56 just north of Hayfield. The 1884 two-story has four bedrooms and a full bath upstairs, a main-level half bath, kitchen, dining, living room, and a fireplace family room that opens to the bar and four-season sunroom. A wall of windows looks straight into the fenced patio. Unfinished basement about 864 sq ft. Attached 2-car garage about 552 sq ft (23'x24'). Private well tested June 2025 (sample met EPA primary drinking-water standards for the analytes tested). New 2024 Type III mound septic with Dodge County Certificate of Compliance. Survey completed in 2023.Buildings (Dodge County assessor card): roughly 35,000 sq ft of barns, sheds, and shop space, including a 40'x286' open-sided machine shed (~11,440 sq ft) with 18 open-storage stalls, a 44'x80' shed, a 50'x104' pole shed, shop space, and a classic dairy barn with additions. Grain storage: eight bins totaling about 62,500 bushels Income potential (seller estimates only?not current rent, not guaranteed, no leases transfer):? 18 stalls at $400 per stall per year ?? $7,200 / year if fully leased. Seller notes neighboring interest.? Larger buildings at about $1,000 / month each. Two buildings at that rate ?? $24,000 / year.? Live in the 4-bed home and rent buildings ?? $31,200 / year potential before vacancy, insurance, maintenance, and tax.? House as a long-term rental (if not owner-occupied): area 4-bedroom range supports about $1,500?$1,800 / month ($18,000?$21,600 / year). House + buildings ?? $49,200?$52,800 / year potential before expensesBuyer to verify township rules for storage/building rental and actual bin condition/capacity. Some patio photos are virtually staged?cushions and a fire in the existing fire ring were added for illustration only and are not included. Unaltered originals of those areas are in this listing.

71598 State Highway 56 | MLS# 7133463

This single family home located at 71598 State Highway 56, Hayfield, MN 55940 is currently listed for sale with an asking price of $478,000. This property was built in 1884 and has 4 bedrooms and 1 full and 1 partial baths with 3228 sq. ft. State Highway 56 is located within the Hayfield school district. Search Hayfield real estate on bkemp.counselorrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Drainage System, Partial, Sump Basket, Sump Pump, Unfinished
Cooling: Central Air
Fireplaces: 1
Fuel Type: Propane
Garage: 2 car attached
Heating: Forced Air, Radiant
Lot Size: 10.74 Acres
Roof Type: Age Over 8 Years, Asphalt, Rubber
Stories: 2.0
Taxes: $3,280
Year Built: 1884

Feature Descriptions

Additional Living Info.: 4 BR on One Level
Additional Structures: Barn(s), Grain Bin, Hog House, Shed(s), Pole Building, Workshop, Storage Shed
Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
Bath: Main Floor 1/2 Bath, Upper Level Full Bath
Bathrooms Full: 1
Bathrooms Half: 1
Dining: Kitchen/Dining Room
Fireplace: Wood Burning
Foundation Size: 864
Lot: Tree Coverage - Light
Lot Dimensions: irregular
Parcel#: 120100102
Parking: Attached Garage, Detached Garage, Gravel, RV Access/Parking, Storage
Sewer: Mound Septic, Private Sewer, Septic System Compliant
SQ FT Total: 3228
Topography: Level
Water: Private, Well

Local Schools

School District: Hayfield

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Estimated Payment

$ 2,956.87 per month $2,544.12 Principal & Interest $273.33 Property Tax $139.42 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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