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 $1,606 (2025).

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 287 days.

Listed at

$224,900

$208/sqft

Mortensons Add

550 Monroe Street, Hutchinson, MN, 55350

2 Bedrooms1 Bathroom1,083 Square Feet0.209 Acres

Days on market287

Year built1917

Garage spaces1

TypeResidential

Est. $3,747buyer credit when you buy with SODL

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About this home

Welcome home! This beautifully updated 2-bedroom, 1-bath home has been thoughtfully renovated from top to bottom, featuring modern finishes and quality upgrades throughout. Curb appeal shines with freshly painted siding, a new concrete driveway, and the added peace of mind of a brand- new roof and windows installed in 2025. The charming front porch offers the perfect spot to relax and enjoy your morning coffee. Inside, you'll find a bright, open layout with new flooring, stylish light fixtures, and a fully remodeled kitchen featuring new cabinetry, quartz countertops, and brand-new appliances ideal for everyday living and entertaining. The bathroom has been completely redesigned with a clean, modern aesthetic. The lower level offers a basement with newly poured cement flooring and freshly finished cement walls, providing excellent storage or future expansion potential. Additional conveniences include a new washer and dryer, a detached garage, and an extra storage shed perfect for tools, hobbies, or seasonal items. With all the major updates already completed, this move-in-ready home is ready for you to enjoy from day one.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1917

LevelsOne and One Half

Living area1,083 sqft

Above-grade finished1,083 sqft

Below-grade finished0 sqft

Lot size0.209 acres (69x132)

Days on market287

ListedDec 16, 2025

MLS #NST7000323

CountyMcLeod

SubdivisionMortensons Add

Parcel #231390090

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Washer

Property

Levels / stories: One and One Half
Garage: 1 space · 240 sqft
Parking features: Detached Garage
Patio & porch: Porch
Other structures: Storage Shed
Lot size: 0.209 acres

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Concrete
Foundation: 802 sqft
Year built: 1917

Utilities

Water: City Water/Connected, Well
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

Subdivision: Mortensons Add
HOA: No HOA
School district: Hutchinson

Financial & listing details

Annual tax: $1,606 (2025)
Listed: Dec 16, 2025
Days on market: 287 · 13 cumulative
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementBlock

HeatingForced Air

CoolingCentral Air

LaundryGas Dryer Hookup, Washer Hookup

AppliancesDishwasher, Dryer, Microwave, Washer

DiningInformal Dining Room

AmenitiesPorch, Washer/Dryer Hookup

AccessibilityNone

Exterior & lot

Foundation area802 sqft

Patio/porchPorch

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected, Well

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size240 sqft

Financial details

Annual taxes$1,606

Tax year2025

Taxes w/ assessments1606

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1667

District phone3205872860

High schoolHutchinson

SODL flat fee brokerage

$3,747Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,747

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

$1,391/mo

Principal & interest$1,182

Property taxes$134

Home insurance (est.)$75

Down payment

$44,980

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.