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1025 5th Ave SE, Hutchinson, MN, 55350

$100,000

Land

Location

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Property Highlights

Home TypeOther
MLS #6340745
StatusActive

About 1025 5th Ave SE

Commercial lot in Hutchinson's Industrial Park.

Property Details

Property Features

Listing Office:

  • Office Name: Edina Realty, Inc.

Other

Directions Information:

  • Directions: Hwy 7 East. South on Michigan St NE. East on 5th Ave SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000

Tax Information:

  • Annual Amount: $1,312
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hutchinson, MN.

Med. Sold Price

$270K

Med. Price/SqFt

$147

Avg. Days On Market

45

# of Sold Homes

21

1025 5th Ave SE vs Hutchinson

623 DAYS ON ROCKET

+578 Days

$100,000

-$170K Less

KEY TAKEAWAY

This property is $170K less than the Median Sold Price in Hutchinson, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6340745

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,312$50,900
2019$1,352$50,900
2018$1,266 -

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-316093
6
/10
  • Hutchinson Park Elementary

  • 100 Glen St SW

  • 1.07 miles

  • Public District Grades 2-5

school-card-donut-316094
6
/10
  • Lakeside Elementary

  • 229 Lake Ave N

  • 7.66 miles

  • Public District Grades 3-6

school-card-donut-316095
10
/10
  • Dassel Elementary School

  • 131 E William Ave

  • 13.73 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,298. The majority of Hutchinson, MN residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Hutchinson, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hutchinson, MN?

The housing landscape in Hutchinson, Minnesota, is characterized by a mix of single-family homes and multi-family residences, with single-family homes being the more prevalent. Architectural styles in the area reflect a blend of traditional and contemporary designs, with a noticeable presence of ranch-style and split-level homes. The market is diverse, accommodating various preferences and budgets, though the majority of the housing stock dates back to the late 20th century, indicating a period of growth during that time. The homeownership rate in Hutchinson is robust, with a significant portion of residents owning their homes, while the remainder of the population opts for rental opportunities.

Is Hutchinson, MN a good place to live?

Hutchinson prides itself on its small-town charm and close-knit community atmosphere. The city is celebrated for its annual events such as the Hutchinson Jaycee Water Carnival, which showcases the town's spirit and camaraderie. The community's character is further defined by its well-maintained parks and recreational areas, which serve as popular gathering spots for families and outdoor enthusiasts. Residents enjoy a peaceful lifestyle with access to local amenities that contribute to the town's quaint and welcoming vibe.

Are things conveniently located in Hutchinson, MN?

Residents of Hutchinson benefit from a solid educational system, with several public schools serving the area, including elementary, middle, and high schools, as well as a few private educational options. The city is equipped with healthcare facilities that provide a range of services to meet the medical needs of the community. Hutchinson also features a public library that serves as a resource and community hub. The retail and dining scene in Hutchinson reflects the local culture, offering a variety of shops and eateries that cater to both residents and visitors. City initiatives are in place to continually improve and adapt services to meet the evolving needs of the community.

What does the transportation in Hutchinson, MN look like?

Transportation in Hutchinson includes a combination of private vehicle use and public transit options, with local bus services operating on a set schedule to accommodate residents' commuting needs. While specific ride-sharing services are available in the area, the city also promotes walkability, particularly in the downtown area, which is designed to be pedestrian-friendly. The city's road network provides easy access to major highways, facilitating travel to and from Hutchinson. Efforts are made to enhance transport efficiency and accessibility, with ongoing discussions about improvements to public transportation and infrastructure.

Frequently Asked Questions About 1025 5th Ave SE

What is the listing price of this property?

The listing price of 1025 5th Ave SE property is $100,000.

What type of property is this?

The property 1025 5th Ave SE is land located in Hutchinson, Minnesota, 55350.

Is this property for sale now?

Active Listing: 1025 5th Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,312 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaMcLeod CountyHutchinson553501025 5th Ave SE

This home is located at 1025 5th Ave SE in Hutchinson, MN and zip code 55350. It has been listed on Rocket Homes since March 09, 2023 and is currently priced at $100,000.

In October 2024, from all listings sold in Hutchinson, MN there were more than 3 sold above asking price, over 11 sold below and more than 7 were sold right at the asked price. The number of listings in Hutchinson, MN increased by 18% between September 2024 and October 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $270,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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