$230,000
SOLD JUL 11, 2025

546 4th Ave SE Hutchinson, MN 55350

4 Beds
2 Baths
1,599 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

3% Below List Price

183 Days on Market

Highlights

  • Corner Lot
  • Hutchinson Park Elementary School Rated A-
  • Baseboard Heating

About This Home

As of July 2025

Both units have been beautifully renovated. New luxury vinyl plank flooring, carpet, kitchen cabinets, counter and backsplashes, kitchen appliances, tub and shower surrounds, fully painted, and new lighting. Roof, windows and siding have also been recently updated. There is much, much more. Both units are occupied. Fantastic investment opportunity!

Last Agent to Sell the Property

Chad Pederson

Pederson Realty Inc Listed on: 12/24/2024

Last Buyer's Agent

Doug Fenstra

Edina Realty

Edina Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 66x132
  • Corner Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • South Half, Hutchinson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 230503450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,402

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 1449
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1599
  • Below Grade Finished Sq Ft: 150
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Main Floor Primary Bedroom
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Fencing: None

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Number of Ranges: Two

Schools

  • Junior High Dist: Hutchinson
  • SchoolDistrictPhone: 320-587-2860

Lot Info

  • Lot Size: 66x132
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 4155.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 230503450
  • Tax Annual Amount: 3402
  • TaxWithAssessments: 3402.0000

Multi Family

  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
Jul 11, 2025
Sold by
Haugen Valerie
Bought by
Ochsendorf Cole
Seller's Agent
Chad Pederson
Pederson Realty Inc
Buyer's Agent
Doug Fenstra
Edina Realty
List Price
$236,500
Sold Price
$230,000
Premium/Discount to List
-$6,500
-2.75%
Views
124
Current Estimated Value
$223,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,329
Avg. Annual Appreciation
-5.54%
Original Mortgage
$230,000
Outstanding Balance
$229,614
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$5,943

Purchase Details

Closed on
Oct 29, 2020
Sold by
Schumacher Bob and Schumacher April
Bought by
Grimsley Robert F and Grimsley Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Grimsley Robert F and Schumacher Bob
Bought by
Grimsley Robert F and Grimsley Jennifer J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,000 --
Warranty Deed $95,000 Results Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $71,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Sold $230,000 -2.7% $144 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
12/24/2024 12/24/24 For Sale $236,500 +17.1% $148 / Sq Ft
01/04/2024 01/04/24 Sold $202,000 +1.1% $126 / Sq Ft View Prior Sale
12/18/2023 12/18/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $199,900 -- $125 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,402 $192,400 $49,000 $143,400
2023 $2,771 $148,400 $49,000 $99,400
2022 $2,550 $142,700 $46,400 $96,300
2021 $2,402 $123,400 $40,600 $82,800
2020 $2,378 $110,200 $36,900 $73,300
2019 $2,152 $106,000 $36,900 $69,100
2018 $2,040 $0 $0 $0
2017 $1,574 $0 $0 $0
2016 $1,520 $0 $0 $0
2015 $1,378 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6642527

NorthstarMLS

APN: 23.050.3450