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  • $227,400

    550 Monroe St SE, Hutchinson, MN 55350

    2beds
    1,083sqft
    Single Family Residence
    Built in 1917
    9,104 Square Feet Lot
    $233,200 Zestimate®
    $210/sqft
    $1,218 Estimated rent

    Home value

    $233,200

    $175,000 - $312,000

    $1,218/mo

    Zestimate® history
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    What's special

    Stylish light fixturesDetached garageNew flooringCharming front porchFreshly painted sidingBright open layoutNew washer and dryer
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fary Lopez 952-242-8164,

    Engel & Volkers Prior Lake

    Bought with:

    Dorothy Butler

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7000323MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 123.76 Square Feet
    • Dimensions: 13.6 x 9.1
    Bedroom 2
    • Level: Upper
    • Area: 174.53 Square Feet
    • Dimensions: 13.6 x 12'10
    Dining room
    • Level: Main
    • Area: 153.67 Square Feet
    • Dimensions: 12.7x12.1
    Foyer
    • Level: Main
    • Area: 36.99 Square Feet
    • Dimensions: 9.0x4.11
    Kitchen
    • Level: Main
    • Area: 159.96 Square Feet
    • Dimensions: 12.9x12.4
    Living room
    • Level: Main
    • Area: 196.02 Square Feet
    • Dimensions: 16.2x12.10
    Porch
    • Level: Main
    • Area: 72.54 Square Feet
    • Dimensions: 9.3x7.8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Washer
    • Laundry: Gas Dryer Hookup, Washer Hookup
    Features
    • Basement: Block
    • Has fireplace: No
    Interior area
    • Total structure area: 1,083
    • Total interior livable area: 1,083 sqft
    • Finished area above ground: 1,083
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Porch
    Lot
    • Size: 9,104 Square Feet
    • Dimensions: 69 x 132
    Details
    • Additional structures: Storage Shed
    • Foundation area: 802
    • Parcel number: 231390090
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1917

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Mortensons Add
    HOA
    • Has HOA: No
    Location
    • Region: Hutchinson

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $111,100
    • Annual tax amount: $1,606
    • Date on market: 12/16/2025
    • Cumulative days on market: 13 days

    Price history

    DateEventPrice
    1/27/2026Sold$227,400+1.1%$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7000323 Report a problem
    12/29/2025Pending sale$224,900$208/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7000323 Report a problem
    12/16/2025Listed for sale$224,900+199.9%$208/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7000323 Report a problem
    10/27/2022Sold$75,000-21%$69/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6262531 Report a problem
    10/10/2022Pending sale$94,900$88/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6262531 Report a problem
    9/19/2022Listed for sale$94,900-5%$88/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6262531 Report a problem
    9/19/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    8/29/2022Price change$99,900-4.8%$92/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    8/18/2022Price change$104,900-4.5%$97/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    8/12/2022Price change$109,900-4.4%$101/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    8/4/2022Price change$114,900-4.2%$106/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    7/22/2022Price change$119,900-4.1%$111/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    6/30/2022Listed for sale$125,000+51.5%$115/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6228414 Report a problem
    6/8/2022Sold$82,500+3.8%$76/sqft
    Source: Public Record Report a problem
    3/24/2014Sold$79,500-3%$73/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2061357 Report a problem
    11/9/2013Listing removed$82,000$76/sqft
    Source: Hometown Realty #4383906 Report a problem
    10/23/2013Listed for sale$82,000$76/sqft
    Source: Hometown Realty #4383906 Report a problem
    9/9/2013Listing removed$82,000$76/sqft
    Source: Hometown Realty #4383906 Report a problem
    8/25/2013Price change$82,000-3.4%$76/sqft
    Source: Hometown Realty #4383906 Report a problem
    7/18/2013Listed for sale$84,900$78/sqft
    Source: Hometown Realty #4383906 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,864 +49.3%$111,100
    2024$3,258 +91.9%$111,100 +2.6%
    2023$1,698 +11%$108,300 -21.3%
    2022$1,530 +9.4%$137,600 +19.7%
    2021$1,398 +2.9%$115,000 +11%
    2020$1,358 +4.9%$103,600 +4.2%
    2019$1,294 $99,400
    2018$1,294 +11%--
    2017$1,166 +9%--
    2016$1,070 +6.4%--
    2015$1,006 --
    2014$1,006 -10.2%--
    2013$1,120 --
    2012-- --
    2010$1,280 -3.6%--
    2009$1,328 --
    Find assessor info on the county website

    Neighborhood: 55350

    Nearby schools

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    Estimated market value
    $233,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $233,200