Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $2,046 (2025).

Does this home have a garage?

Yes, this home has a 4-car garage.

How long has this property been on the market?

This property has been listed for 421 days.

Listed at

$550,000

$486/sqft

50352 Highway 42

50352 Highway 42, Elgin, MN, 55932

3 Bedrooms2 Bathrooms1,132 Square Feet7 Acres

Days on market421

Year built1957

Garage spaces4

TypeResidential

Est. $13,500buyer credit when you buy with SODL

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About this home

Charming Hobby Farm on 7 Acres – Just 20 Minutes from Rochester! Enjoy the perfect blend of country living and modern convenience with this well-maintained 2 bed, 2 bath home all on one level for easy main-floor living. Nestled just off MN Highway 42, this peaceful property offers quick access to Rochester while being part of a top-rated school district and a welcoming small-town community. The property is ideal for hobby farming or extra storage with a new 45x72x16 pole shed, a classic 59x27 barn, and both a 24x26 detached garage and single attached garage. Walk out onto the large deck, perfect for relaxing or entertaining while enjoying scenic views of your private acreage. The unfinished basement provides room to grow—create your dream space with a billiard room, family room and den/office area. Whether you’re starting your hobby farm dreams or just looking for a peaceful retreat with plenty of room to roam, this property has it all. Don't miss this rare opportunity—schedule your showing today!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1957

LevelsOne

Living area1,132 sqft

Above-grade finished1,132 sqft

Below-grade finished0 sqft

Lot size7 acres (irregular)

Days on market421

ListedJul 22, 2025

MLS #NST6759676

CountyWabasha

Parcel #R020030606

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air, In-Floor Heating
Cooling: Central Air
Laundry: Main Level

Property

Levels / stories: One
Garage: 4 spaces · 1,260 sqft
Parking features: Attached Garage, Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
Patio & porch: Composite Decking, Deck
Pool: None
Fencing: Partial, Wire

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Frame
Foundation: 988 sqft
Roof: Asphalt, Rubber
Year built: 1957

Utilities

Water: Well
Sewer: Septic System Compliant - Yes, Tank with Drainage Field
Fuel: Natural Gas, Propane
Electric: Circuit Breakers

Community & HOA

HOA: No HOA
School district: Plainview-Elgin-Millville

Financial & listing details

Annual tax: $2,046 (2025)
Listed: Jul 22, 2025
Days on market: 421 · 174 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementBlock, Full, Partially Finished

HeatingForced Air, In-Floor Heating

CoolingCentral Air

LaundryMain Level

DiningKitchen/Dining Room

AmenitiesDeck, Primary Bedroom Walk-In Closet, Patio, Washer/Dryer Hookup

AccessibilityNone

Special featuresMain Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

RoofAsphalt, Rubber

Foundation area988 sqft

Patio/porchComposite Decking, Deck

Lot featuresSuitable for Horses, Tree Coverage - Medium

Road frontagePaved Streets, State Road

Road responsibilityPublic Maintained Road

ZoningResidential-Multi-Family

Utilities

Water sourceWell

SewerSeptic System Compliant - Yes, Tank with Drainage Field

FuelNatural Gas, Propane

Parking & garage

ParkingAttached Garage, Detached Garage, Asphalt, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage

Garage spaces4

Garage size1,260 sqft

Financial details

Annual taxes$2,046

Tax year2025

Taxes w/ assessments2046

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1306

District phone5075343651

High schoolPlainview-Elgin-Millville

SODL flat fee brokerage

$13,500Estimated buyer credit

SODL platform fee $3,000Your buyer credit $13,500

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,244/mo

Principal & interest$2,890

Property taxes$171

Home insurance (est.)$183

Down payment

$110,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.