2015HRAYERHutchinson HRA
2015 Year End Report
HRA
HUTCHINSON HOUSING AND
REDEVELOPMENT AUTHORITY
111 Hassan Street SE
Hutchinson, MN 55350
(320) 234-4251
Fax (320) 234-4240
NMLSR# 396789
www.hutchinsonhra.com
Before Owner Occupied Rehab After
j C
Pines
Foreclosure Remediation: School Construction Program
445 Adams Street SE
31-
mMN
Nrcrcn.psar H.eA
HE25 iN9Ex 49 �"'"'
f RA
2015 YEAR END REPORT
Hutchinson Housing &
Redevelopment Authority
The Hutchinson HRA is a public body politic, formed by the Hutchinson City Council in 1969
according to MN State Statue. The HRA was created to address a shortage of housing needs for
low income families and to address substandard areas in Hutchinson. Since then the HRA has
been involved in building and operating Park Towers Apartments with HUD Federal funding and
is a HUD High performer. In the 1990's, the Hutchinson HRA helped to redevelop the parcel
that is now Prince of Peace Retirement Living. Since 1990, HRA has been involved with owner
occupied rehab, rental rehab, the school construction program and affordability gap for new
construction workforce housing. In 2015, the HRA was awarded $364,359 Small Cities
Development Program funds for an approved $771,501 downtown area rental rehab project, and
$234,000 in funds were awarded from Minnesota Housing Publicly Owned Housing Program as
part of the Park Tower's $425,000 elevator project. The HRA also implemented a plan to use
$300,000 of TIF available funds for owner occupied rehab projects in the City of Hutchinson.
Over the past twenty-five years the HRA has obtained over $20M of federal, state or other
outside funding for the housing needs in Hutchinson.
Why does Housing matter?
Housing matters because:
• Decent, affordable housing is shown to stabilize families. For example, studies have
shown that children who have stable housing do better in school
• Housing Programs help improve neighborhoods and maintain property values
• Housing Programs provide economic stimulus for the local economy by providing
work for local contractors and businesses
In 2015, the HRA worked on the following objectives:
1. Continued to maintain strong emphasis on property management, property improvements,
energy conservation, and tenant services at Park Towers.
2. Supported the rehabilitation of housing stock to preserve housing stock and enhance
neighborhoods.
3. Monitored foreclosures, median resales, and other housing data.
4. Completed a demolition/new construction home at 445 Adams Street by partnering with the
school construction program.
5. Completed updating the HRA website.
6. Implemented Portfol, the Community Development Software Program for better housing
loan tracking.
Summary of 2015 Activities:
Park Towers Apartments:
Property improvements and energy conservation remains a priority
1. $97,525 in federal capital program funding and $167,152 in operating
reserves were expended as part of the $425,000 elevator update project.
Completion of both elevators is expected in February, 2016.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 1 of 10 Pages
2
Other Improvements/Repairs: $110,000 was spent from operating reserves for various
improvements as follows: Replaced one apartment
air conditioner, replaced 101 unit locks with
proximity locks and front desk programmer as well
as card readers at entrances, replaced
security/surveillance cameras, replaced fire alarm
panel, commons areas smoke detectors and pull
stations. Replaced unit carpets in eight apartments
when apartments were vacated, replaced the
management office carpet, replaced commons areas
plumbing circulating lines, zone valves, programmable thermostats and dielectric unions.
Property Management
1. Updated/prepared the following: ACOP, 2015 Schedule of Charges and 2016 Park Towers
Annual Plan.
2. Achieved a HUD PHAS High Performer Score of 99 out of 100 on Park Towers operation
and management.
3. Achieved a 99% average occupancy for 2015 and leased sixteen apartments.
4. Inspected all units, community areas and systems and during the unit inspection changed the
toilet flappers and completed any maintenance work necessary to save time in doing the work
order at a later date.
Tenant Services
Continued focus on providing decent, affordable housing as well as facilitating services needed
by the senior and disabled population at Park Towers. A management goal at Park Towers has
been to support programs and partnerships that address the needs of residents.
• Park Towers continued as a Senior Dining Program Site through a lease with Lutheran
Social Services. Meals are prepared at the Evergreen Senior Dining kitchen, then
delivered and served at Park Towers. 5573 meals were served at Park Towers in 2015
through the Senior Dining Program. The full cost of a meal is $7.00 and the suggested
donation is $4.00.
• The Park Tower's 2015 budget included funding for Tenant Services to create a monthly
activities calendar and newsletter.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 2 of 10 Pages
City Center Operations:
Home Ownership
MHFA has the MHFA START UP purchase loan for first time homebuyers and is featured on
the HRA website. These loans have an option to obtain funding for down payment and closing
costs along with a first mortgage. MHFA also offers funding through their STEP UP loans for
current homeowners to purchase a new house or refinance their current house.
Owner Occupied Rehabilitation
In 2015, an available balance of $300,000 in city TIF housing funds was added as a flexible tool
for single family owner occupied housing rehab to continue owner occupied rehab efforts
throughout the city. The City Deferred Grant program and Minnesota Housing Rehab Loan
Program, are "full service" programs that are HRA labor intensive, requiring home inspections,
work write ups, procurement and bidding, loan closing with the owner(s), construction oversight,
disbursal of loan proceeds to the contractor, and reports to the state.
The Minnesota Housing Fix Up Loan Program, Community Fix Up Loan Program, City
Accessibility Deferred Grant and the HRA Home Improvement Loan Program (3% interest with
a monthly payment) requires that the owner submit contractor quotes and that the owner meets
loan underwriting criteria to obtain home improvement loan proceeds. However, HRA
inspection and construction management is not required.
1. City Deferred Grant Program Funding for this program is from SCDP Program Income
(SCDP revolving/program income funds must be expended before any new allocation of
funding can be requested) and from TIF funds. Homeowners receive a 0% deferred loan
with no payments, forgiven after five years. The City Deferred Grant covers 50% of the
repair costs. The HRA closed on four SCDP Program Income rehab loans in 2015.
City Home Improvement Loans $49,648
Other leverage funds $24,585
Total $74,233
Before After
2. City Revolving Local Income Program (CRLI) Funding for this program is from SCDP
Local Income. CRLI provides a 0-2% loan depending on the household income that has
monthly payments. Maximum loan amount is $5,000 with a maximum term of 5 years. One
project used this funding for an owner match to the City Deferred Grant.
3. HRA Home Improvement Loan Program (HILP) — No loans were closed in 2015. HILP
provides a 3% loan that has monthly payments. Maximum loan amount is $20,000 with a
maximum term of 10 years.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 3 of 10 Pages
4. Minnesota Housing (MHFA) Rehabilitation (RLP) Program — One, $25,152 RLP loan was
closed and completed in the year. The MHFA Rehabilitation Program is a 0% deferred loan
forgiven after fifteen years that stresses safety, livability, and accessibility for families with
very low incomes who own their homes.
Before After
5. Minnesota Housing Finance (MHFA) Fix Up Loan and Communi . Fix Up Loan
Home Improvement Programs — No loans were closed in 2015.
Five total owner occupied properties were improved in 2015; however multiple loans may
have been needed to fund the rehab project for each property.
Rental Rehab Program
DEED awarded the City of Hutchinson $364,359 for the City of Hutchinson Downtown Rental Rehab
Program in June 2015. Unit goals are: 3 single family units, 8 units of duplexes and 24 units of 3+ unit
complexes. One duplex rehab project closed in 2015.
City Rental Rehab Loan/Grant $27,832
Other leverage funds $14,328
Total $42,160
2015 Foreclosure Remediation Initiative:
Demolition of an abandoned, foreclosed, blighted house at 445 Adams Street occurred during the
summer of 2014. New construction began in the fall of 2014 and was completed the summer of
2015, partnering with the School Construction Program. There is a purchase offer on the house
with closing scheduled for early March 2016. The HRA was awarded $47,500 in value gap
funds from Minnesota Housing Impact Fund for the project. The Impact Fund requires rehab or
new construction according to Green Criteria, providing an end product that is more energy
efficient. For example, the HRA first new construction house built according to Green Criteria,
400 Lynn Road, had a HERS rating of 55 which should translate into 45% lower utility bills than
standard construction practices. The 907 Lewis Ave house had a HERS rating of 58. 445
Adams Street has an excellent HERS rating of 47, translating into 53% lower utility bills than
standard construction practices. This program requires a large commitment of staff time to
acquire the properties, rehab or demolish according to EPA guidelines and adhere to the
requirements of the Impact Program.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 4 of 10 Pages
Trends:
1. Rental Housing
Market Rate General Occupancy Rental
The market rate general occupancy rate in the fall of 2015 was 1.85%. A 5.0% vacancy rate
is considered a healthy vacancy rate to allow for turnover and consumer choice. A vacancy
rate of greater than 5.0% indicates a soft demand or mismatch between supply and demand.
Since 1999, the rental vacancy rate has fluctuated from 1.00% to a high of 14.9% in 2009 due
to area layoffs. The Maxfield Housing Study recommends that no additional market rate
general occupancy units be built until 2014 + or until the economy and unemployment rate in
Hutchinson improves. Demand should increase to a level sufficient enough to support the
development without adversely affecting the existing rental market (vacancy rate generally in
the 2.0% range or less).
Market Rate General Occupancy Vacancy Rate
14.90%
15.00%
11.50%
10.31%
10.00% 9. °° 9 0% 8.38%
7.00% 7.54%
4.60% 4.68% 5.30%
5.00% 4. 0 4 8%
2.12% 1.89%1.8 5%
0.00%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Subsidized General Occupancy Rental
The vacancy rate of subsidized general occupancy projects in the fall of 2015 was 3.65%
Vacancies in subsidized developments should typically fall around 2.0% - 3.0%.
Senior Housing
The 2015 vacancy rate for market rate senior housing except for memory care was 1.64%.
Prince of Peace Retirement Living is in the planning stages for development of market rate
Congregate Housing at their downtown location.
The 2015 vacancy rate for affordable/subsidized senior housing was 0%. Vacancies in
subsidized developments should typically fall around 2.0 -3.0%.
4.00%
3.00%
2.00%
1.00%
0.00%
2015 Vacancy Rates
■ Market Rate General
Occupancy
■ Subsidized General Occupancy
Senior Market Rate Rental
Housing
■ Senior Subsidized Renta
Housing
2015 Hutchinson HRA Year End Report 2/12/2016 Page 5 of 10 Pages
2. Homeownership
The median sales price rose slightly in 2015, reflecting that a stable housing market.
Foreclosures declined slightly in 2015. Low interest rates and an affordable median sales
price provides opportunities for buyers who have good credit and are mortgage ready. The
current interest (February 2015) rate for a first time homebuyer MHFA Start Up loan for an
RD or FHANA loan is 3.375%.
According to information from McLeod County, in 2015 there were 356 sales in Hutchinson
with a median sales price of $138,750.
According to information from the Minneapolis Area Association of Realtors, looking at data
for Hutchinson, the 2015 median sales price was $145,000 compared to $142,900 in 2014.
There were 338 sales in 2015 compared to 310 sales in 2014. As of December 2015, there
were 88 homes for sale, compared to 124 homes for sale in December 2014.
The 2015 median family income for McLeod County is $73,900. Based on a household
being able to afford a home priced at 2.5 times their income, not factoring in savings or debt
that they may have, a household would need an income of $58,000 to afford a home priced at
$145,000, the MLS 2015 median sales price of a house.
3. Housing Construction in Hutchinson
500
400
300
200
100
According to the City of Hutchinson, Planning/Zoning/Building Department, there were 20
single family homes built in 2015. There is an adequate supply of 279 residential lots
available compared to 284 lots as of January 1, 2015.
Residential Lots Available
397
314
314 29
199719981999 2000 20012002 2003 2004 2005 2006 2007 2008 2009 2010 20112012 2013 2014 2015
2015 Hutchinson HRA Year End Report 2/12/2016 Page 6 of 10 Pages
HOME RESALES
CPPY
OF HUT CHINS ON
2006 through 2015
Year
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
P rire Ranne
Nn-
Prt_
No. Prt_
Nn-
Prt_
Nn-
Prt_
Nn-
Prt_
Nn_
Prt_
Nn_
Prt_
Nn-
Prt_
N
Nn-
Prt_
N n-
P't
Under $50,000
15
4.2%
18
5.7
29
10.2
44
15.3
30
12.4
24
11.1
9
4.2
6
2.7
5
1.8
6
1.6
$50,000 to $74,999
�6
7.3%
17
5.4
12.3
31
12.8
16
7.4
27
12.5
4.9
2.2
10
575,000 to $99,999
39
11.0%
34
10.8
36
12.7
62
21.6
46
19.0
32
14.8
36
16.7
23
10.2
17
6.1
22
5.8
$100,000 to $124,999
58
16.3%
59
18.7
17.3
52
18.1
48
19.8
38
17.6
47
2L8
W
19.0
14.0
56
14.8
5125,000 to $149,999
68
19.1°/a
68
21.5
59
20.8
41
14.3
33
13.6
38
17.6
46
21.3
34
15.0
63
22.6
67
17.7
$150,000 to $174,999
60
16.9%
51
16.1
IW9
10.2
16
5.6
22
9.1
23
10.6
20
93
-V1
22.6
59
21.1
88
23.2
S 175,000 to $199,999
27
7.6%
21
6.6
16
5.6
13
4.5
9
3.7
12
5.6
12
5.6
22
9.7
36
12.9
45
11.9
$200,000 +
63
17.7%
48
152
10.9
26
9.1
3
9.5
33
153
15.9
54
19.4
85
22.4
Total
356
100.0%
3161 100.0
284
100.0
287
100.0
242
100.01
216
100.01
216
100.01
226
100.01
279
100.01
379
100.0
Median
$138,750
$133,500
$121,000
$101,400
$109,950
$121,600
$117,750
$146,750
$157,900
$158,000
Sources:
Peterson -Paulsen Associates Inc. Realty
Maxfield Research
Inc.
McLeod Coun Assessor's Office
The 2015 median family income for McLeod County is $73,900. Based on a household
being able to afford a home priced at 2.5 times their income, not factoring in savings or debt
that they may have, a household would need an income of $58,000 to afford a home priced at
$145,000, the MLS 2015 median sales price of a house.
3. Housing Construction in Hutchinson
500
400
300
200
100
According to the City of Hutchinson, Planning/Zoning/Building Department, there were 20
single family homes built in 2015. There is an adequate supply of 279 residential lots
available compared to 284 lots as of January 1, 2015.
Residential Lots Available
397
314
314 29
199719981999 2000 20012002 2003 2004 2005 2006 2007 2008 2009 2010 20112012 2013 2014 2015
2015 Hutchinson HRA Year End Report 2/12/2016 Page 6 of 10 Pages
Number of New Dwelling Units Construction
100 93
81 73
80
58
60
40 32
19 12 23 20
20 4 7 4 5
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
The above charts are based on information from the Department of Planning, Zoning and Building
4. Foreclosure Update
McLeod County and Hutchinson
Foreclosure Counts
200
200 1Z 14 159 3 76
35
100 62 77 3 5 ■ McLeod County
iiiiiiii0 28 ■ Hutchinson
2007 2008 2009 2010 2011 2012 2013 2014 2015
Number of Foreclosures in McLeod County and Hutchinson
Year
McLeod
Hutchinson
2001
37
2002
43
2003
48
2004
48
14
2005
56
2006
72
2007
142
40
2008
159
42
2009
135
50
2010
200
62
2011
176
77
2012
135
45
2013
93
39
2014
75
28
2015
53
25
2015 Sheriff Sales Cancelled In Hutchinson
7
2016 Sheriff Sales Scheduled to Date In Hutchinson
6
2015 Hutchinson HRA Year End Report 2/12/2016 Page 7 of 10 Pages
2016 Predictions from local realtors:
• According to the Minneapolis Area Association of Realtors, the median sales price for
Hutchinson in December 2015 based on 338 closed sales was $145,000, an increase of 1.5%
from $142,900 in December 2014. Currently, the number of homes for sale inventory is
low and if the inventory remains low, the resale price may continue to rise in 2016. Listings
are down nationwide.
• There were 20 newly constructed homes built in 2015. Many of the new construction homes
in 2015 were patio or twin homes in the $225,000 - $250,000 with 2016 expecting similar
numbers.
• The impact of the buyout of HTI on housing remains unknown, because no one knows if
there will be any changes.
• With rental housing vacancy rates for general occupancy below 2% why are people renting
instead of buying? The decrease in home values during the years 2008 — 2011 is still fresh in
peoples' minds and this is also a national trend. People want the freedom to pick up and go
whenever they want, without worrying about selling a home. However, if the shortage of
rentals cause rents to increase, homeownership may look more attractive in 2016.
Hutchinson HRA Priorities for 2016:
HRA Park Towers:
• Complete the modernization of elevators at Park Towers.
• Develop plans and establish funding to convert a regular unit to a handicapped accessible
unit at Park Towers.
• A new HUD rule called the AFFH (Affirmatively Furthering Fair Housing) Assessment Tool
for Local Governments has been finalized. During 2016, the HRA will research
implementation of the AFFH Assessment Tool. A new HUD rule for Section 3 will be
finalized in 2016. Develop a Section 3 Policy reflecting the finalized rule.
• A new HUD rule regarding Smoke Free Housing will be finalized in 2016. Determine
whether the existing Smoke Free Policy at Park Towers will need to be updated.
• HUD has published an advance notice of proposed rulemaking on strengthening oversight of
over income tenants in Public Housing.
City Center Operations, Downtown Rental Rehab Pro, -ram:
• The Rental Rehab SCDP for the downtown area of Hutchinson began accepting applications
in August 2015. Since then a duplex project is complete and a mixed use project with 2
upper units has applied and is in the process of obtaining bids. An HRA staff person, who
has years of experience working with SCDP programs, is assigned to work primarily with
this program in 2016 and has been in contact with all the owners who submitted Intents to
Participate. Even though numerous applications have been given out, there seem to be a few
changes since the application to DEED was submitted. There are now numerous rental
properties for sale in the project area; these owners are not interested in participating in the
program if they are planning to sell their rental property. Another issue is that the Utility
Allowances have increased substantially decreasing the amount of rent landlords can charge.
The Hutchinson HRA cannot change the utility allowances or this requirement. Finally,
some owners need help financing the 30% owner match for the project. Therefore, the HRA
Board has authorized using $80,000 in SCDP Local and Program Income as an owner match
source with loan terms of 0% principal payments over a five year term.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 8 of 10 Pages
City Center Operations, Owner Occupied Rehab:
• Administer the Minnesota Housing Fix- Up Loan Program.
When RFP becomes available, determine whether to apply for Community Fix -Up Fund as
leverage funds to the City deferred rehab program.
Administer the Minnesota Housing Rehab Loan Program for owner occupied rehab.
Administer the City Deferred Grant Program (TIF available funds) for owner occupied rehab.
City Center Operations, Rental Development:
• With a general occupancy vacancy rate of 1.85%, support the 2016 development of a general
occupancy rental project, recommended by the Maxfield Research Inc. Comprehensive
Housing Market Analysis for Hutchinson.
• Monitor availability of potential funding sources for Housing Development and determine
feasibility of projects if TIF is requested.
City Center Operations:
• Continue to request free radon test kits from the Minnesota Department of Health for
distribution in Hutchinson. Free radon test kits are available at the Hutchinson Planning,
Zoning, & Building front desk. Hutchinson is in a high radon area; radon mitigation is
recommended at radon levels above 4.Opc/L.
Program Changes for 2016:
HRA City Center Operations, School Construction Prozram:
• After a successful run since 2002, there will be no school construction project in 2016. The
HRA was unable to secure a foreclosed or tax forfeited, blighted property and the High
School will be re -vamping their training program in a new direction. Ten homes were
constructed throughout Hutchinson and 4 homes were rehabbed during the tenure of the
program. Thanks to all the High School construction class students, teachers and
administration for
in this very successful program.
2015 Hutchinson HRA Year End Report 2/12/2016 Page 9 of 10 Pages
2015 Hutchinson HRA Summary:
2015 Federal & State
Funds Administered
Park Towers:
Federal Operating Funds
Federal Capital Funds
Operating Reserves
Operating Reserves
Homeowner Rehab Loans closed
DEED/SCDP
TIF
MHFA:
CFUF
FUF
Unsecured FUL
RLP
SCDP Rental Rehab
Foreclosure Remediation:
Construction financing/Value gap
$123,302.00
$97,525.00 Elevator Project
Elevator Project
Park Towers Improvements
$0.00 City Home Improvement Loans
Other Leverage funds
$0.00
$0.00
$0.00
$0.00
$25,152.00
$27,832.00 Other leverage funds
$100,000.00 445 Adams Street
2015 Local Funds
Administered
$167,652.00
$110,000.00
$49,648.00
$24,585.00
$14,328
$72,235
Total 2014 Federal & State Funds Total 2015 Local Funds
Administered $373,811.00 Administered $438,448.00
Total all Funds Administered
Funds Available:
SCDP City Revolving Local Income
SCDP City Revolving Program Income
TIF Available Balance
Housing Fund Loan Balances:
HRA Notes Receivable HHPOP
HRA Notes Receivable Rehab
City SCDP New Construction
City SCDP Rehab
Total Balance of City SCDP Loans
Receivable
2015 Budgets
Park Towers
City Center
Total HRA Budget
$812,259.00
$116,949.73
$24,266.48 ($20,000 allocated to Rental Rehab)
$300,000.00
$85,445.56
_$5,586.00
$302,450.00
$511,951.71
$814,401.71
$552,013.00
$357,772.00
$909,785.00
G: HRA/Year End Report/2015 HRA Year End Report
2015 Hutchinson HRA Year End Report 2/12/2016 Page 10 of 10 Pages
Appendix
A. "TIF: A Flexible Tool for Single Family
Rehab Housing" EHLERS Article
B. City of Hutchinson Downtown Rental Rehab
Interest List
C. City of Hutchinson Downtown Rental Rehab
Owner Match Scenarios
D. 2015 Hutchinson Year End Home Resales
E. Minneapolis Area Association of Realtors
Sales Information
F. City of Hutchinson Vacant Lots — 2016 Map
G. 2015 Hutchinson Foreclosures
H. 2016 Hutchinson Foreclosures
EHLERS
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E7'31Y5.r u'S'!:il�r�F�rYJ,; :Yk'; ,�}yliJ �RrS�.%■L'Kli�: rdirri$YrtL'•-A.IIy I'lr M35:
TIF: A Flexible Tool for Single Family Rehab Housing
By Shelly Elul iucie, Senior Municipal Advisor
Fach year, the Hutchinson HRA struggles to
acquire funding for the housing needs in
Hutchinson. Should it prioritize single family
rehab or provide much needed assistance to
improve its affordable rental housing? Fortunately,
this year is different. The HRA can offer deferred
loans for both owner occupied and rental housing
due to a new funding source: tax increment from
an existing housing district.
The City of Hutchinson identified an existing district where the obligations have been paid in
full, leaving a balance of approximately $300,000. State statute allows authorities to use
increment from an existing housing district for affordable housing elsewhere in the City, without
regard to the five year rule or whether the new expenditure is within the original project area.
"The increment gives us the opportunity to keep re -investing in our community," said Jean
Ward, Executive Director of the HRA. "Our Small Cities grant is dedicated to rental housing, so
the TIF allows us to maintain and improve our single family neighborhoods."
The HRA plans to use the increment, in part, to make 0% deferred loans, forgiven after five
years, to fund up to 50% of projects that will address deferred maintenance or accessibility needs
of homes owned by income eligible families. In addition, the HRA may use available increment
to acquire and demolish blighted houses in targeted areas. Because the income limits for tax
increment are higher than other loan and grant programs, the HRA is anticipating using
increment to improve "workforce" housing in the City. The HRA expects to be able to assist in
up to five housing projects a year.
Ehlers assisted the City and HRA by monitoring the TIF Districts and identifying opportunities
to accomplish the community's goals. To kick off the loan program, Ehlers also prepared a TIF
plan modification to adjust the budget and identify the target area as potential sites for property
acquisition.
"The new TIF Loan program falls into a continuum of loan programs we have for different kinds
of property and different income levels. It complements our overall efforts and is easy to
administer because the loans are forgiven after five years," said Andy Reid, Finance Director.
Contact your Ehlers Municipal Advisor to learn more about a debt study for your community.
City of Hutchinson Downtown Rental Rehab Interest List
Property Address
Owner
Units
Comments
1
815-817 Main Street S
Steve & Beth Gasser
Duplex
2
Under Construction
2
106 Second Avenue SW
Rod Manderscheid
AA
2
out to bid
3
245 Monroe Street SE
George Schaust
SF
1
Working on application
4
345 Jefferson Street SE
Westwind Prop. Man. (Colonial)
Bldg
8
Working on application
5
18 Main Street South
Julie Elder
AA
1
Working on application
6
6 Main Street N
Mark Dawson
AA
4
Needs aroof
Maybe:
Total Units
18
35 Goal
*
628 Main Street South
Gerald Heintz
Duplex
2
Working on application
*
536 Main Street SW
Robert Sandstede & Janet Valen
SF-4plex
4
Withdrawn atter HQS insp.
because of added costs, but
maybe interested in OM
Prog.
*
105 2nd Avenue SW
HH & L Properties - Manther
AA
7
Currently for sae & don't
want to put in any money.
405 Franklin Street SW?
Stix & Brix - Scott
Duplex
2
Looking for a property
3 Main Street N
Stix & Brix - Scott
AA
2
Determining if has a good
226 Franklin Street SW
Stix & Brix - Scott
Duplex
2
Questions on City Rental
Questitnso n City Ren
406 Hassan Street SE
Stix & Brix - Scott
Duplex
2
Program. Meeting in Feb.
36 Jefferson Street SE
Stix & Brix - Scott
SF
1
2016
841 Main Street S
Stix & Brix - Scott
SF
1
655 Main Street S
Stix & Brix - Scott
SF
1
209 Hassan Street SE
Robert Sandstede & Janet Valen
Duplex
2
Don't need as much rehab
Not eligible(NE) or not interested (NI):
NE
116 Monroe Street SE
Wildflower Properties LLC - Ian McDo
SF
1
Rent over FMR
NI
250 3rd Avenue SE
Turner Properties - Daniel & Linda
Bldg
6
Doesn't want federal
money & not to raise
rents for 5 years
NE
565 Main Street S.
Amy Forcier (owner occupied)
Duplex
1
Over Income
NE
705 Main Street S.
Robert & Jennifer Grimsly
SF
1
Rent over FMR
NE
315 Adams Street SE
Nathanial Baldry
SF
1
Rent over FMR
NE
145 First Ave/46 Jefferson SE
Joshua Schimmel
AA
1
Rent over FMR
NI
415 Jefferson Street SE
Michael & Connie Olson (Alexander)
Bldg
11
B e t t e improvements
were not worth the tax
increase
NE
146 Adams Street SE
Kon & Diane Sorensen
AA
1
Rent over FMR
NE
140 Main Street N.
Quade Investments LLC
AA
2
In flood plain
NE
146 2nd Avenue SE
Roger Bluhm (owner occupied)
Duplex
1
Over Income
NI
126 Washington Ave. SE
George Quast
SF
1
Busy with other projects.
NI
8 Main Street North
Anthony & Katherine Prellwitz
AA
2
Rents?
NI
130 Main Street S.
Brett Oman
AA
6
Doesn't believe that the units
currently need updates
NE
557 Main Street S
Justin Rooney
SF
1
Notice of Foreclosure
NI
28 Main Street N
Tammy Lauer
AA
4
Message left 1/29/16
NI*
14 & 16 Main Street S
Jeff Haag (Kristen Haag)
AA
3
Working on application?
Interested: To -be Purchased
3BR
*
31 Main Street N (Janousek Ca
Jason B
AA
1
*
325 Jefferson
Tom Anderson
Bldg
12
Out -side Boundry:
135 Washington Avenue W.
Linda Stacy (owner occupied)
Duplex
2
11 Glen Street NW
Coffee Tree Investments
Bldg
17
*
For Sale
I
I
1
1 26
Units for sale
City of Hutchinson Downtown Rental Rehab Owner Match Scenarios
Property Address
Owner
# of Units
Owner Match
245 Monroe Street SE
George Schaust
SF
1
$10,714
345 Jefferson Street SE
Westwind Prop. Man. (Colonial)
Bldg
8
$42,857
18 Main Street South
Julie Elder
AA
1
$4,286
6 Main Street N
Mark Dawson
AA
1 4
$17,143
14
$75,000
2015 Hutchinson Year End Home Resales
PARCEL
SELLER
BUYER
SALE PRICE
DATE OF SALE
23.112.0090
US BANK
DOSTAL
$6,000
8/27/2015
23.143.0160
ZL ENTERPIRSES
BARTCO RENTALS
$9,020
5/14/2015
23.050.2080
HOLTBERG
KUHLMEY
$9,500
3/11/2015
23.050.5150
MEYERSON
RONNGREN
$25,000
5/04/2015
23.056.0240
SEC OF HOUSING
KNUDSON
$25,550
7/29/2015
23.050.4940
FANNIE MAE
VOLKOV
$26,000
6/23/2015
23.394.0010
BANK OF NEW YORK
SKOOG
$30,000
5/12/2015
23.050.3040
MN HOUSING
SILBERNICK
$32,000
5/01/2015
23.218.0130
STEELE
KOTZER RENTALS
$36,000
1/22/2015
23.143.0370
SEC OF HOUSING
LABRAATEN
$36,500
10/01/2015
23.050.0990
BANK OF NEW YORK
IND SCHOOL DISTRICT
$37,955
8/04/2015
23.050.0920
BAUER
VMAX PROPERTIES
$38,500
4/01/2015
23.050.4160
LAIDEMITT
SCHERPING
$40,000
7/21/2015
23.050.4200
PETERSON
PETERSON
$40,000
4/21/2015
23.162.0060
ROLF
STARK
$46,493
1/30/2015 15 4.2%
23.056.1920
BANK OF NEW YORK
BURR
$50,000
4/07/2015
23.130.0140
PETZEL
WURZBERGER
$50,000
12/04/2015
23.088.0610
SECRETARY OF HOUSIIN
JARMAN
$50,550
8/24/2015
23.050.3840
FANNIE MAE
STIX & BRIX
$51,115
9/02/2015
23.169.0190
MN HOUSING
POLO
$52,500
5/13/2015
23.312.0070
PREGLER
TRYGG
$53,000
9/03/2015
23.145.0350
BRADY
STARR
$53,505
12/10/2015
23.112.0860
WILSON
FANNIE MAE
$54,000
3/31/2015
23.088.0640
PAUL
PAUL
$55,000
9/02/2015
23.056.1670
JP MORGAN
RECH
$56,175
9/30/2015
23.061.0020
MIELKE
TIFTT
$56,650
7/17/2015
23.099.0060
MN HOUSING
BESTUL
$57,000
2/05/2015
23.084.0030
EKGERG
HW HOLDING
$58,400
1/23/2015
23.112.1160
HOFFMAN
SPRENGER
$58,900
4/14/2015
23.050.2920
WORNSON
GROFF
$60,000
3/31/2015
23.143.0050
TERRELL
HORNICK-TERRELL
$60,000
12/01/2015
23.112.0670
BOOCK
JARMAN
$61,000
5/01/2015
23.154.0290
BANK OF NEW YORK
JACQUES
$64,000
6/17/2015
23.106.0350
BREWSTER
POSUSTA
$65,000
2/17/2015
23.114.0080
RATH
HOUK
$65,000
2/20/2015
23.380.0090
BANK OF NEW YORK
FIRST CLASS BUILDERS
$65,399
11/02/2015
23.056.3830
ACKERMAN
RUHLAND
$72,500
8/19/2015
23.147.0090
ACTIVE ASESSTS
HUSE & LIBOR
$74,000
1/06/2015
23.102.0045
STEPHENS
WARNER
$74,400
12/08/2015
23.145.0690
BAH
NEMITZ
$74,900
7/29/2015
23.407.0010
STEVENS
ELDER
$74,900
2/27/2015 26 7.3%
23.218.0050
FISHER
DORING
$75,000
8/25/2015
23.050.1950
KOLBE
RANNOW
$75,500
4/28/2015
23.310.0070
WOLLER
CONTRERAS
$75,500
1/06/2015
23.231.0140
TOFTELY
BUECHELE
$77,000
6/18/2015
23.112.2010
KUECHLE
BLEVINS
$78,000
10/13/2015
23.112.1980
MAIERS
HEIDECKER
$80,000
9/15/2015
23.248.0070
MCLAIN
NELSON
$81,000
10/29/2015
23.001.0700
FEDERAL HOME MORTC.
RUSSELL
$81,500
8/25/2015
23.149.0270
SEC OF HOUSING
BAYSINGER
$82,100
12/17/2015
23.063.0110
SCHRAMM
DEMENGE
$82,500
12/15/2015
23.056.0360
AUNE
KRIENKE
$83,000
7/22/2015
23.192.0020
CHRISTENSEN
CHRISTENSEN
$83,000
7/31/2015
23.050.5280
GERTKEN
BERRY
$85,000
12/28/2015
23.056.1470
SCHAFFER
SCHAFFER
$85,000
2/04/2015
1 of 7
2015 Hutchinson Year End Home Resales
23.231.0330
HOVERSTEN
FRANSEN
$85,600
5/07/2015
23.255.0260
HAMANN
SPRIGLER
$86,000
4/08/2015
23.360.0040
SEC OF HOUSING
SCHILING
$86,000
2/12/2015
23.167.0020
DUESTERHOEFT
BETKER
$87,900
5/12/2015
23.112.1060
LOFGREN
HOPP
$91,382
12/31/2015
23.086.0040
ROFFEY
KAPING
$92,000
5/27/2015
23.124.0140
PRIBYL
MCGINNIS
$92,500
7/06/2015
23.143.0460
ANDERSON
CORDES
$92,700
8/10/2015
23.056.1490
WELLS FARGO
SMITH
$92,900
1/28/2015
23.231.0010
DEMEYER
SCHWARZ
$93,500
2/12/2015
23.050.0050
SEC OF HOUSING
DALBEC
$94,800
9/22/2015
23.050.3890
BENSON
ORTLOFF
$95,000
4/01/2015
23.050.4400
OLSON
SMALLWOOD
$95,000
10/29/2015
23.145.0300
SCHARA
MACKEDANZ
$95,000
12/08/2015
23.118.0060
MCGINNIS
PLAUNT
$95,650
6/10/2015
23.120.0080
WRASPIR
COUBROUGH
$96,000
5/12/2015
23.255.0210
MASSMANN
CRONEN
$96,000
6/30/2015
23.255.0200
SCHUETZ
BLACK
$97,000
3/06/2015
23.167.0330
ASKEW
VALLACHER
$98,500
4/22/2015
23.086.0050
SCHOENFELD
BENJAMIN
$98,900
12/17/2015
23.231.0270
RADTKE
ROEPKE
$98,900
11/18/2015
23.050.5370
SCHMELING
ELLMAN
$99,500
4/29/2015
23.143.0360
DOSTAL
LARSON
$99,500
5/01/2015
23.088.0150
PLATH
TRETTIN
$99,750
10/29/2015
23.423.0650
WALKER
ARNESON
$99,900
2/11/2015 39 11.0%
23.228.0025
NELSON
SUKO
$100,000
3/27/2015
23.050.3040
SILBERNICK
BIPES
$102,000
11/13/2015
23.176.0080
FISCHER
KALENBERG
$102,500
7/06/2015
23.165.0200
KURTH
MULYCK
$105,000
1/13/2015
23.362.0080
PETTIS
MCMANUS
$105,000
3/05/2015
23.167.0340
NOEHRING
BONNIWELL
$106,000
3/03/2015
23.423.0650
ARNESON
BERNARD
$106,000
2/11/2015
23.070.0100
STEPHENS
ARTIBEE
$106,900
5/27/2015
23.389.0120
JOHNSON
HOUK
$106,900
8/11/2015
23.082.0060
BANK OF AMERICA
EXSTED
$107,811
3/30/2015
23.058.0020
THODE
CUMMINGS
$109,000
8/17/2015
23.070.0010
LARSON
BUSCHE
$109,900
7/22/2015
23.146.0030
KEEHR
VANCE
$109,900
9/03/2015
23.255.0160
WAREING
JURVELIN
$109,900
8/04/2015
23.112.1910
MAYNARD
KUESTER
$110,000
8/31/2015
23.423.0300
ADOLPHSEN
BAKKE
$112,000
2/12/2015
23.094.0060
WEIDE
BROESDER
$112,500
1/22/2015
23.269.0080
ANDERSON
ANDERSON
$112,500
4/17/2015
23.056.2850
RECH
CHELIN
$114,000
4/14/2015
23.058.0040
PICHOTTA
UNTERBURGER
$114,900
6/04/2015
23.118.0140
NEPHEW
SMITH
$114,900
9/08/2015
23.050.5380
US BANK
DOLEZAL
$115,000
7/02/2015
23.278.0040
ETTEL
KALENBERG
$115,000
1/30/2015
23.479.0160
HERITAGE INVESTMEN
SCHMIDT
$115,000
6/04/2015
23.176.0080
KALENBERG
BRAND
$115,400
11/23/2015
23.165.0140
MIKRUT
KIRCHOFF
$115,900
1/29/2015
23.255.0240
COOPER
NORTROM
$116,000
8/25/2015
23.336.0930
MATTSFIELD
LARSEN
$116,000
5/22/2015
23.112.1090
RYBERG
JOHNSON
$117,500
9/01/2015
23.154.0570
BROWN
CARLSON
$118,000
9/25/2015
23.167.0270
FRANCO
FINK
$118,000
6/15/2015
2 of 7
2015 Hutchinson Year End Home Resales
23.145.0880
ROBBIN
HAGEMAN
$119,000
4/06/2015
23.145.0480
CLOUSE
SCHORNACK
$119,900
4/22/2015
23.154.0180
FISCHER
HARBARTH
$119,900
5/12/2015
23.154.0210
MACKEDANZ
RASMUSSEN
$119,900
9/30/2015
23.115.0010
YOUNG
KOFORD
$120,000
12/28/2015
23.145.0230
LUETH
JUHL
$120,000
1/20/2015
23.154.0500
WEBER
HOECKE
$120,000
7/22/2015
23.167.0300
VACEK
HOPKINS
$120,000
6/03/2015
23.255.0040
PICHA
ANDERSON
$121,000
8/24/2015
23.386.0120
LADE
BEEM
$122,000
7/30/2015
23.086.0030
LICKFELT
NORTON
$122,500
8/25/2015
23.154.0240
CZECH
FOSTER
$122,500
9/04/2015
23.050.3610
BRECHT
PAQUET
$122,750
9/30/2015
23.176.0020
POWELL
SCHWARTZ
$122,750
9/28/2015
23.218.0080
FELIX
MULLERLEILE
$122,900
11/20/2015
23.148.0080
CLARK
ENSTAD
$123,500
6/23/2015
23.063.0040
SMITH
HEMINGSEN
$123,850
5/20/2015
23.118.0040
LEONARD
BLAIR
$123,900
6/12/2015
23.050.2440
ROSTBERG
LARSON
$124,000
4/27/2015
23.150.0070
KOHLS
STEVENS
$124,000
3/13/2015
23.133.0180
SOUTHER
O'NEAL
$124,315
2/20/2015
23.112.1260
STEPHENS
ELFERING
$124,900
5/04/2015
23.112.1580
ROSKAMP
DILLON
$124,900
2/19/2015
23.126.0010
SMITH
PETERMAN
$124,900
8/04/2015
23.423.0550
KOEHLER
NOWAK
$124,900
6/29/2015
23.479.0200
HERITAGE INVESTMEN1
CARRIGAN
$124,900
11/17/2015
23.479.0250
REINER
DEAN
$124,900
5/21/2015 58 16.3%
23.050.1430
WILDFLOWER
STUBER
$125,000
11/10/2015
23.101.0050
HLAVKA
JOHNSON
$125,000
3/27/2015
23.124.0150
PLOWMAN
YERKS
$125,000
10/14/2015
23.139.0240
KRUMRIE
GROFF
$125,000
3/09/2015
23.143.0180
HOUK
SLATER
$125,000
6/10/2015
23.145.0720
BENTON
BERGUM
$125,000
6/03/2015
23.160.0290
GOODWIN
BROLL
$125,000
12/17/2015
23.255.0140
BJUR
GILLETT
$125,000
8/25/2015
23.448.0050
MUELLERLEILE
ANTONSON
$125,000
9/18/2015
23.253.0090
CROW RIVER HABITAT
RENVILLE
$127,000
6/05/2015
23.238.0020
GARCIA
CARNICOM
$129,000
2/24/2015
23.167.0420
KROMMENHOEK
RODEBERG
$129,500
7/22/2015
23.218.0100
SCHREINER
WICHMAN
$129,650
1/22/2015
23.145.0440
SUESS
ELLMAN
$129,900
1/22/2015
23.154.0580
MCKITTRICK
WENDLANDT
$129,900
4/24/2015
23.386.0190
OTTERSTATTER
KROMMENHOEK
$129,900
7/06/2015
23.130.0210
JOHNSON
FARIAS
$130,000
8/21/2015
23.454.0050
NATIONSTAR MORTGAC
FITZGERALD
$130,000
1/22/2015
23.160.0290
BROLL
SHANDS
$131,000
12/17/2015
23.423.0480
MARQUARDT
MURPHY
$131,000
12/08/2015
23.096.0050
RADEMACHER
MOLITOR
$131,500
5/22/2015
23.392.0070
PETERSON
LICKFELT
$131,500
6/10/2015
23.423.0520
MILLER
MALONE
$132,000
12/22/2015
23.124.0100
KUVAAS
PARKER
$133,900
11/10/2015
23.176.0430
REED
BECKER
$134,000
7/09/2015
23.193.0010
SCHMIDT
MARKWARDT
$134,000
10/23/2015
23.443.0020
RAMIREZ
CZECH
$134,000
7/29/2015
23.154.0160
WINES
IDSO
$134,900
12/15/2015
23.169.0330
WENDLAND
TIMM
$134,900
6/24/2015
3 of 7
2015 Hutchinson Year End Home Resales
23.423.0230
YOB
MARSHALL
$134,900
11/03/2015
23.269.0120
FEDERAL HOME LOAN
BESTUL & MCCORMICK
$135,000
7/30/2015
23.296.0030
MERKINS
LANDFAIR
$135,000
9/30/2015
23.344.0050
KRAFT
COX
$135,000
2/26/2015
23.108.0100
THRALL
KRUGERUD
$135,500
1/22/2015
23.296.0030
TURMAN
MERKINS
$135,500
9/29/2015
23.056.1380
NEATON
MCDONALD
$136,000
10/13/2015
23.252.0040
ALBRECHT
MILLER
$137,000
12/03/2015
23.269.0070
KUTTNER
KASTEL
$137,900
5/01/2015
23.116.0030
TEUBERT
RESENDEZ
$138,400
11/02/2015
23.435.0180
SOUTHWEST SALES
MILLIES
$138,500
4/02/2015
23.453.0150
ZIMMER
PLATH
$139,000
9/17/2015
23.269.0060
PLOMBON
PEITROBON
$139,900
2/03/2015
23.423.0580
WILSON
ZEULI
$139,900
6/04/2015
23.088.0730
RONNEI
MARCEAU
$140,000
9/02/2015
23.102.0030
BERGER
LINDELL
$140,000
10/01/2015
23.154.0290
JACQUES
CURWICK
$140,000
11/02/2015
23.186.0090
NORTON
BULTHUIS
$140,000
8/28/2015
23.479.0140
HERITAGE INVESTMEN1
DWINNELL
$140,500
7/06/2015
23.079.0020
RANNOW
CGE PROPERTIES
$141,000
3/05/2015
23.133.0310
LABAT
OLINGER
$141,000
11/24/2015
23.050.4020
TAYLOR
OHARA
$142,000
11/10/2015
23.112.0585
SCHAEFER
DAWKINS
$142,000
3/04/2015
23.162.0030
BEEM
KOEHLER
$142,000
6/29/2015
23.374.0030
HEPOLA
LOFGREN
$142,000
9/23/2015
23.118.0150
HAHN
ORME
$142,400
7/06/2015
23.330.0060
COTE
OSTLUND
$142,900
4/06/2015
23.310.0050
COLLINS
PFANNSMITH
$143,000
6/25/2015
23.196.0130
LUEDTKE
SIFFERATH
$145,000
3/20/2015
23.309.0320
RENVILLE
TRACY
$145,000
6/08/2015
23.154.0470
KASAL
SMITH
$145,900
9/08/2015
23.294.0040
JP MORGAN
KRZMARZICK
$145,950
6/24/2015
23.050.4420
WRIGHT
HOLLATZ
$147,000
5/22/2015
23.426.0040
PIKAL
SCHUETZ
$147,290
3/20/2015
23.174.0040
CHRISTENSON
HALTER
$148,000
1/22/2015
23.124.0060
JOHNSON
AVERY
$149,400
12/08/2015
23.169.0090
ELDER
DRAPER
$149,900
2/19/2015
23.396.0040
SIMMONS
HILSGEN
$149,900
2/24/2015
23.427.0170
MARTIN
SCHREINER
$149,900
1/22/2015 68 19.1%
23.063.0080
WALTRHOUSE
PETERSEN
$150,000
11/24/2015
23.079.0020
CGE PROPERTIES
MASSMANN
$150,000
6/30/2015
23.220.0030
SCHMIDT
TOUTGES
$150,000
7/06/2015
23.240.0070
WENDORFF
BOLLIG
$150,000
7/06/2015
23.244.0170
HEINTZ
KRIPPNER
$150,000
7/07/2015
23.468.0130
WILLERS
CANO
$150,000
4/01/2015
23.414.0220
FRANSEN
STENDER
$150,400
5/07/2015
23.056.1850
PETERSON
BREITKREUTZ
$152,000
7/20/2015
23.106.0320
JOHNSON
SAXTON
$152,000
4/06/2015
23.238.0025
MCRAITH
DAVIS
$153,000
4/22/2015
23.268.0020
EVENSON
NORNES
$153,000
10/13/2015
23.453.0460
MCMANUS
WITTE
$153,000
3/05/2015
23.440.0040
KIECKER
BRIGGS
$153,500
4/06/2015
23.306.0070
LUTHENS
BOCK
$153,900
8/20/2015
23.056.0970
JOECKS
LLAMAS
$154,000
5/08/2015
23.396.0070
VOELKER
KRUMIE
$154,500
9/30/2015
23.435.0150
SOUTHWEST SALES &
FIELD
$154,500
3/02/2015
4 of 7
2015 Hutchinson Year End Home Resales
23.435.0150
SOUTHWEST SALES &
VARELAS
$154,500
4/29/2015
23.001.0300
STRATMAN
MALONE
$154,900
7/17/2015
23.101.0080
BLAKE
SOLDNER
$155,000
6/15/2015
23.176.0340
LYMAN
FISCHER
$155,000
7/06/2015
23.294.0040
KRZMARZICK
JONES
$155,000
7/16/2015
23.275.0190
JOHNSON
PLATHE
$155,500
5/12/2015
23.442.0030
BUTLER
JACOBS
$155,500
3/10/2015
23.112.0800
SCHMIDT
RAABE
$156,045
10/23/2015
23.050.3850
LERDAL
MATTHEWS
$156,500
8/12/2015
23.309.0380
BITZER
BERGS
$157,000
7/17/2015
23.352.0060
HERRICK
STACEY
$158,000
7/14/2015
23.224.0020
RIDDLE
LANGENBERG
$158,900
9/02/2015
23.300.0090
ENGFER
CRANDALL
$159,000
9/15/2015
23.435.0170
SOUTHWEST SALES
FAULKNER
$159,000
2/06/2015
23.436.0050
HARTSUIKER
OKESON
$159,400
6/24/2015
23.442.0270
DALBECK
NELSON
$159,900
11/02/2015
23.300.0150
CARRIGAN
HAGEN
$160,400
4/06/2015
23.372.0230
SCHWARZ
NELSON
$161,000
3/19/2015
23.453.0450
SAYRE
BRIESEMEISTER
$161,300
8/04/2015
23.468.0040
AMUNDSON
SORENSEN
$161,682
8/10/2015
23.342.0080
SCHUETTE
ANDERSON
$162,000
11/04/2015
23.442.0140
SCHWEDLER
SMITH
$162,900
8/05/2015
23.414.0090
ALBRECHT
MCCORMICK
$163,000
7/06/2015
23.244.0250
PETERSON
BROWN
$163,900
11/24/2015
23.453.0330
KELTGEN
OLSON
$163,900
10/16/2015
23.112.1750
NIKOLAISEN
CORBIN
$164,600
9/28/2015
23.453.0050
HANNEMAN
MRKVICKA
$164,900
9/15/2015
23.115.0020
HOEFT
BURCHILL
$165,000
6/17/2015
23.137.0010
NELSON
HEINTZ
$165,000
7/02/2015
23.414.0110
JENSEN
HOME SERVICE
$165,000
11/25/2015
23.423.0420
MAIN
SIMMONS
$165,000
2/24/2015
23.427.0020
SCHWARTZ
KURTH
$165,000
1/13/2015
23.192.0090
ZIMMERMAN
WAGNER
$168,900
5/22/2015
23.423.0390
GILK
WILLETT
$169,500
8/17/2015
23.266.0030
BRAUER
WHITE
$169,900
1/06/2015
23.141.0170
ENGFER
OWEN
$170,000
3/05/2015
23.389.0310
FLEMING
ROBINSON
$170,000
3/05/2015
23.423.0390
WILLETT
PIERCE
$170,700
8/17/2015
23.309.0200
WITTMAN
JOHNSON
$172,000
9/17/2015
23.389.0310
ROBINSON
KROEGER
$172,000
7/06/2015
23.244.0180
WIKE
THODE
$173,000
8/19/2015
23.252.0020
SCHLUETER
RICHARDSON
$174,900
8/06/2015
23.394.0010
SKOOG
LENZEN
$174,900
8/12/2015 60 16.9%
23.176.0350
MCCORMICK
OESTREICH
$175,000
12/01/2015
23.351.0040
ANDERSON
CONRAD
$180,000
8/11/2015
23.162.0170
LINGBEEK
GROSS
$180,100
7/30/2015
23.176.0360
LOEFFLER
PETERSON
$181,000
6/04/2015
23.244.0150
LOTRIET
DAUWALTER
$182,500
7/06/2015
23.452.0060
NAUSTDAL
NEUBAUER
$182,990
6/17/2015
23.328.0020
REYNOLDS
KARG
$183,450
8/06/2015
23.118.0020
SOREGAROLI
LINDEKUGEL
$183,800
7/06/2015
23.380.0060
LINDER
NELSON
$185,000
4/01/2015
23.437.0100
KLATT
HANSEN
$185,000
12/31/2015
23.141.0040
PHILLIPS
RANNOW
$185,800
5/22/2015
23.336.0830
EDDY
JOHNSON
$187,000
6/04/2015
23.453.0130
HORNICK
MICHEL
$187,900
4/06/2015
5 of 7
2015 Hutchinson Year End Home Resales
23.112.1030
RATTER
KOHLS
$188,000
8/04/2015
23.056.2870
BURLEY
KING
$189,500
8/11/2015
23.444.0270
ELLINGSON
SCHMIDT
$189,900
10/16/2015
23.382.0110
HARTMAN
ARGO
$191,050
11/19/2015
23.352.0020
MCKIMM
PLOMBON
$191,500
6/02/2015
23.253.0230
CROW RIVER
VEGA
$192,500
9/10/2015
23.444.0230
SCHWINT
TORRES
$194,000
12/03/2015
23.228.0010
STEFFEL
HOME SERVICE
$194,250
12/03/2015
23.230.0120
SUESS
DENEKE
$194,900
7/06/2015
23.413.0080
KUESTER
DENNIN
$195,000
8/10/2015
23.451.0070
JOHNSON
VANHOUTTE
$195,000
11/25/2015
23.270.0070
AUGER
MIELKE
$196,000
1/23/2015
23.336.0810
MUENCH
MCELHINNY
$197,000
7/29/2015
23.428.0340
GEHLEN
ETTEL
$197,500
1/23/2015 27 7.6%
23.220.0050
KLOBE
DIVINE HOUSE
$200,000
12/29/2015
23.296.0020
RUSTAD
BRANDSOY
$200,000
4/09/2015
23.108.0070
CARLSON
JARMAN
$207,500
7/09/2015
23.428.0430
BEACH
SCHUETTE
$209,000
11/04/2015
23.451.0275
BETKER
STIBAL
$209,500
8/11/2015
23.451.0110
WENDOLEK
FORST
$214,000
6/16/2015
23.452.0040
SORENSEN & NAUSTDA BATEMAN
$214,533
4/22/2015
23.484.0070
BETKER
BUSKE
$215,000
8/20/2015
23.372.0060
MAYLAND
ALLISON
$216,800
9/17/2015
23.472.0210
NAUSTDAL
RUNKE
$217,078
8/24/2015
23.466.0770
NAUSTDAL
SCHRAMM
$219,100
8/10/2015
23.451.0330
BETKER
ZIMMERMAN
$219,900
5/22/2015
23.176.0310
STRAKA
HOLMGREN
$221,000
10/30/2015
23.441.0030
BATEMAN
WOZNEY
$221,900
5/27/2015
23.451.0335
BETKER
UPTON
$222,500
9/08/2015
23.501.0010
WURDELL
TYDLACKA
$223,748
7/06/2015
23.291.0030
STEARNS LENDING
LLC PLOWMAN
$224,000
10/13/2015
23.420.0100
KRUMREY
WESELOH
$224,500
2/03/2015
23.114.0060
HAGEMAN
BEGNAUD
$225,000
7/06/2015
23.364.0050
JOHNSTON
SMITH
$225,000
4/14/2015
23.112.0830
KRAFT
WILSON
$226,000
7/02/2015
23.224.0060
MEYER
FISCHER
$227,000
5/12/2015
23.274.0030
MURPHY
PLOTZ
$227,500
12/08/2015
23.195.0010
YOUNG
KUTTNER
$229,400
6/17/2015
23.468.0170
NAUSTDAL
BOEFF
$230,000
4/16/2015
23.437.0130
PLATH
LOWINSKE
$232,000
12/31/2015
23.387.0030
STEVENSON
PEAVY
$233,000
2/24/2015
23.287.0040
DAGGETT
HOFFMAN
$235,000
10/29/2015
23.501.0020
WURDELL
HEIKES
$235,864
5/01/2015
23.327.0020
SUKO
ELBERT
$236,500
3/27/2015
23.441.0140
CHRISTIANSEN
RIEKE
$239,900
9/30/2015
23.327.0010
DENAULT
HARMS
$240,000
6/11/2015
23.482.0060
COTE
HOLLE
$240,000
6/24/2015
23.274.0080
HANNA
SCHLUETER
$241,000
8/06/2015
23.451.0340
BETKER
ORT
$241,371
11/10/2015
23.365.0030
SZYMANSKI
BURNS
$244,900
8/04/2015
23.327.0060
STROBEL
KUTTER
$245,000
5/22/2015
23.455.0380
METZGER
LADWIG
$245,000
4/06/2015
23.195.0480
STARK
KARG
$249,900
6/24/2015
23.439.0210
NEUBAUER
HARTSUIKER
$250,000
6/17/2015
23.376.0060
RISTAU
ROSTBERG
$252,000
3/13/2015
23.445.0190
RUTKOWSKI
SUESS
$253,500
12/23/2015
6 of 7
2015 Hutchinson Year End Home Resales
23.223.0120
ALBRECHT
KUVAAS
$253,900
11/10/2015
23.468.0050
SORENSEN & NAUSTDA TRUSTY
$255,250
12/08/2015
23.157.0060
WOODSIDE
HAUTH
$256,000
12/30/2015
23.270.0210
GOLDSMITH
SCHOOLER
$258,900
2/12/2015
23.433.0040
ZIEMER
RYBERG
$259,000
3/06/2015
23.485.0020
BETKER
KADLEC
$262,900
8/17/2015
23.451.0170
LUTHENS
CZECH
$263,000
9/10/2015
23.371.0070
PIEHL
HARTMAN
$264,000
8/04/2015
23.501.0050
WURDELL
BLAZINSKI
$268,077
6/10/2015
23.198.0120
POWELL
HOFF
$275,000
12/03/2015
23.445.0140
HOWELL
SCHAEFER
$275,900
2/24/2015
23.056.2810
HOFFMAN
JOHNSON
$305,000
1/15/2015
23.262.0040
MAHER
SCHWEDLER
$317,500
7/06/2015
23.271.0050
YOST
GOETZ
$317,900
1/23/2015
23.418.0060
KNORR
CHRISTENSEN
$320,000
3/05/2015
23.326.0010
MATTHEWS
MCCORMICK
$325,000
9/08/2015
23.428.0210
COMPTON-ANDERSON
PERRAULT
$352,076
12/08/2015
23.451.0480
BETKER
BROWN
$353,900
2/24/2015
23.267.0010
OJHA
SCHROEDER
$375,000
6/24/2015
23.002.1575
WILSON
ANDERSON
$429,000
8/11/2015
23.428.0190
BERG
SOLIEN
$432,500
8/04/2015 63
17.7%
356
100.0%
Median $138,750
Average $146,611
7 of 7
Jean Ward
Homes for Sale
130
120
110
100
90
[ward (U)-ci. h utch i n son. m n. us
Hutc:ninson
MINNEAPOLI5 AREA Association
REALTORS"'
so
1-2013 1-2014 1-2015 1-2016
2utchirs;. -
Each data point is 12 months of activity. Data is from February 11, 2016.
Data from NorthstarMLS. Report provided by!V1AAR ®. Data deemed reliable, but not guaranteed. Powered by 10K Research and Marketing.
Jean Ward
Median Sales Price
$150K
$140K
$130K
$120K
$110K
Iward a2d. hutch in son.mn.us
Hutchinson
MINNEAPOLIS AREA Association
of REALTORSg
$100K
-2;12 1-2013 1-2014 1-2015
D e—G 20 16;—
$140K
S
Each data point is 12 months of activity. Data is from January B. 2016.
Data from NvnhstarMLS. Report provided by MAAR 8. Data deemed reliable, but not guaranteed. Powered by 1 O Research and Marketing.
Jean Ward
Average Sales Price
$1i0K
$160K
$150K
$140K
$130K
$120K
jward(a7ci. hutchinson.mn.us
— Htjtchinscn
MINNEAPOLIS AREA Association
REALTO RS6
$110K
1-2012 1-2013 1-2014 1-2015
Hutchinson
Each data point is 12 months of activity. Data is trom January 6, 2016.
Data from Norlhstan\IL5. Report provided by MAAR ®. Data deemed reliable, but not guaranteed. Powered by 1 CK Research and Marketing.
r♦
,
Fairway Esta sAd i
g ♦♦
-—--——---- —
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City of Hutchinson
Vacant Lots -2016
N
cltyllmlts WE
s
Vac -lots -Jan -2016
<all other values>
New Additions
Vacant Lots - January, 2016
Addition
Zoning
Year
Avaiability
Fairway Estates Add' tion
R -1 -PD
1999
14 Lots
Park Meadows Addison
R-3
2005
7Lots
Br d ge wate r Estates Ad or ti o n
R-1
2000
28 Lots
Island Vi ew He' ghts Additi on
R -2 -PD
2004
13 Lots
Rave nwoodW tAdd-ton
R-2
2005
7Lots
Su mm e rs etAd d't on
R -2,R-3
2005
110 Lots
Southw ndAddition, lst and 2nd
R-2
2003
10 Lots
SouthforkAdotj on
R -3 -PD
2004
49 Lots
KottkeC rtReoatto RverPonte%r as
R -2 -PD
2008
10 Lots
Westroge Shores Addison
R-1
1995
1Lots
Santel Addition
R -3 -PD
1993
9Lots
StearnwoodAdd-tion
R-1
2004
5Lots
Ravenwood
R-3
1999
2Lots
Hunte Rdg Addition
R-2
2004
1Lots
Frasers d"' nAddltion
R-2
2005
1Lots
Exce I si or Addition
R-2
2007
5Lots
He l lands Sixth Additi on
R-2
1984
4Lots
Other Msc
R-2
Unknown
3Lots
Totall
279 Lots
Disclaimer
The end user of this information agrees that these data and map sets have been
created from information provided by various government and private sources at
different moments in time and at various levels of accuracy. They are only a
graphic representation and should not be considered as positionally accurate.
The data is provided "as is' with no claim made as to its accuracy or its
appropriateness to its intended use of the data. It is the responsibility of the end
user to be aware of the data's limitations and to utilize the data in an appropriate
manner and the end user agrees to hold The City of Hutchinson harmless for
claims arising out of this exchange of information. Therefore under no
circumstances shall the City of Hutchinson be held responsible for any costs,
expenses, damages or injuries, including special or incidental or consequential
damages to any person(s) or property that arises from the use, or misuse of the
information provided.
2015 Hutchinson Foreclosures
2015
#
SS Date
Address
Mortgagor
Mortgagee
Orig. Mortgage
Claimed Amount
Sold Amt
1
1/6/2015
1125 13th Avenue NW
Douglas Woelfel
Stearns Lending Inc.
$175,920.00
$180,726.21
$192,160.57
2
1/6/2015
756 Ivy Lane SE
Lucas & Amanda Gustafson
Wells Fargo Bank, NA
$119,800.00
$128,146.07
$84,550.00
3
1/6/2015
580 Peterson Circle NE
Jolene Ellsworth
Nationstar Mortgage LLC
$240,000.00
$101,230.11
$73,000.00
4
1/7/2015
446 Erie Street SE
Stephan Voelkel
US Bank National Association
$101,500.00
$118,920.23
$121,477.46
5
1/14/2015
542 Adams Street SE
Waltraud Heldt
JP Morgan Chase Bank
$75,162.00
$87,644.86
$87,950.78
6
1/21/2015
902 Hassan Street SE
Jean & Harold Ostrom
Wells Fargo Bank, NA
$155,500.00
$170,194.81
$173,955.94
7
2/5/2015
1000 Goebel Street SW
Mark & Clarissa Thompson
CitiMortgage Inc.
$159,493.00
$151,532.25
$83,600.00
8
2/5/2015
567 Lynn Road SW
Darell Lange
Security Bank & Trust Co.
$10,000.00
$6,179.11
$7,853.41
9
3/11/2015
938 7th Avenue NW
Cheryl & Nassor Salim
Federal National Mrtg Assoc.
$124,000.00
$118,976.00
$120,179.81
10
3/11/2015
820 Spruce Street NE
David & Cindy Wimmer
Bank of America
$126,529.00
$133,799.00
$96,000.00
11
3/19/2015
700 California St. NW
Francisca Mendoza
MHFA
$94,000.00
$101,374.63
$84,150.00
12
4/8/2015
535 4th Avenue SW
Gary Dullinger
JP Morgan Chase Bank
$107,500.00
$104,284.29
$52,720.00
13
4/8/2015
425 Hassan Street SE
Holly Newman
Wells Fargo Bank, NA
$59,473.00
$54,055.88
$54,000.00
14
5/6/2015
966 Lewis Avenue SW
Bradley & Kim Horstmann
Federal National Mrtg Assoc.
$103,000.00
$121,116.87
$82,800.00
15
6/18/2015
426 Huron Street SE
Randall & Edith Carlson
US Bank Trust National Associ
$201,003.04
$227,792.77
$85,484.59
16
7/30/2015
317 Stoney Point Rd SW
Thomas & Yvette Fischer
Home State Bank
$127,250.00
$132,995.33
$136,919.43
17
8/12/2015
643 5th Avenue SW
Charles Gilbertson
Bank of America
$138,380.00
$126,908.83
$90,250.00
18
8/27/2015
1055 Jorgenson St. SE
Gary Gustafson
Freedom Mortgage Corp.
$149,598.00
$151,998.88
$119,070.00
19
9/3/2015
17 5th Avenue NW
Jennifer & Gordon Evenson
Green Tree Servicing LLC
$140,000.00
$151,646.19
$102,600.00
20
9/10/2015
1058 Jefferson St. SE
Cheryl & Tom Moore
Wells Fargo Bank, NA
$92,700.00
$91,973.98
$72,000.00
21
9/23/2015
982 Jefferson Street SE
Curtis & Tressa Hughes
Wells Fargo Bank, NA
$90,000.00
$72,842.72
$75,719.10
22
10/22/2015
110 Oakland Avenue SE
Benita & Larry Quast
US Bank National Association
$150,300.00
$193,818.44
$200,256.05
23
10/28/2015
705 Dale Street SW
Vincent Haag
US Bank National Association
$142,373.00
$142,129.25
$138,700.00
24
11/5/2015
617 Bluff Street NE
Jon & Riana Mross
MHFA
$126,000.00
$147,632.81
$154,613.83
25
11/12/2015
7 - 9th Avenue NE
Andrew Bonderman
US Bank National Association
$111,700.00
$119,074.28
$93,500.00
Cancelled:
1
1/20/2015
825 Ivy Lane SE
Anthony Forcier
Wells Fargo Bank, NA
$79,150.00
$80,316.54
2
7/15/2015
338 4th Avenue SW
Carola Laidemitt
PNC Bank, NA
$82,400.00
$68,375.19
3
9/10/2015
614 3rd Avenue SW
Dennis & Barbara Wedge
US Bank National Association
$154,000.00
$209,248.77
4
9/16/2015
1027 Prairie View Dr. SW
Shalee Miller
MHFA
$69,690.00
$54,636.40
5
10/20/2015
38 McLeod Avenue NE
christohper, Denise & Joyce Schramm
Wells Fargo Bank, NA
$143,350.00
$186,835.24
6
12/16/2015
1263 Denver Avenue SE
Luana Issendorf
Green Tree Servicing LLC
$214,000.00
$218,423.28
7
12/16/2015
585 Juul Road SW
Thomas & Rebecca Hudson
Wells Fargo Bank, NA
$76,587.00
$74,501.95
2016 Hutchinson Foreclosures
2016
#
SS Date
Address
Mortgagor
Mortgagee
Orig. Mortgage
Claimed Amount
Sold Amt
1
1/19/2016
45 Northwoods Ave. NE
Kent & Renee Glessing
Nationstar Mortgage LLC
$153,980.00
$146,714.50
2
1/20/2016
1020 West Shore Dr. SW
David & Betty Croghan
JP Morgan Chase Bank
$204,676.00
$219,363.17
3
1/27/2016
585 Glen Street SW
Jason & Elizabeth Slepica
Wells Fargo Bank, NA
$130,159.00
$126,160.57
4
2/10/2016
305 Adams Street SE
David Whiting
E*Trade
$82,600.00
$60,296.12
5
3/2/2016
924 Keith Street SW
Gloria Rueckert
Wells Fargo Bank, NA
$145,166.00
$137,605.13
6
3/8/2016
545 Hassan Street SE
Brittany Eckstein
US Bank National Association
$87,720.00
$84,802.05
Cancelled
1/26/2016
557 Main Street S.
Justin Rooney
CitiMortgage Inc.
$128,150.00
$113,944.62
2/11/2016
615 Merrill Street SW
Darlene & Chris Johnson
JP Morgan Chase Bank
$135,950.00
$142,718.50
Cancelled multi times