231 3rd St, Balaton, MN 56115
Property image
Property image
OFF MARKET

231 3rd St
Balaton, MN 56115

  • 5 Beds
  • 3 Baths
  • 2,320 sqft (on 0.28 acres)

$142,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $929/mo*

$142,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $929/mo*
5 Beds
3 Baths
2,320 sqft
(on 0.28 acres)

Home Value

Trulia Estimate
$143K
Since last month
Decreased$3K (-1.7%)
Since last year
Increased$20K (+16.8%)
Since last sale
Increased$52K (+58.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$141K
July 2026$144K
June 2026$139K
May 2026$120K
April 2026$115K
March 2026$114K
February 2026$102K
January 2026$104K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Single-Family Home
$213,000
06/25/26
4
3
2,000
0.12
Single-Family Home
$155,000
05/28/26
4
1.5
2,184
0.38
Single-Family Home
$52,500
04/02/26
3
1.5
2,240
0.34
Single-Family Home
$40,000
02/09/26
4
1.5
1,708
0.37
Single-Family Home
$180,000
10/03/25
4
2
1,717
0.40
Single-Family Home
$250,000
01/09/26
4
2.5
2,898
0.30
Single-Family Home
$155,000
07/07/26
2
1
1,630
0.28
Single-Family Home
$60,000
09/10/25
2
1
1,080
0.35
Single-Family Home
$110,000
06/03/26
2
1
1,036
0.38
Single-Family Home
$74,900
11/14/25
2
1
792

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$109,700
3
1
-
Off Market
0.04
$143,300
4
2
2,117
Off Market
0.03
$40,500
1
1
894
Recently Sold
0.10
$138,600
4
2
1,506
Off Market
0.10
$151,400
4
2
1,600
Off Market
0.11
$35,000
2
1
1,140
Off Market
0.12
$155,000
4
1.5
2,184
Recently Sold
0.16
$133,200
2
1.5
1,872
Off Market
0.13
$150,100
3
2
1,768
Off Market
0.15
$82,000
3
1.5
1,700
Off Market
0.16
$1
4
2
2,912
For Sale
0.26
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 231 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1912
Lot Size
0.28 acres
Living Area
2,320 sqft
Price/Sqft
$61
Parking
Garage

About this House

This single-family home is located at 231 3rd St, Balaton, MN. 231 3rd St is in Balaton, MN and in ZIP code 56115. This property has 5 bedrooms, 4 bathrooms and approximately 2,320 sqft of floor space. This property has a lot size of 0.28 acres and was built in 1912.
231 3rd St, Balaton, MN 56115 is a 5 bedroom, 4 bathroom, 2,320 sqft single-family home built in 1912. It last sold for $89,000 on Dec 18, 2019. It is currently off market. The Trulia Estimate is $142,600, with a rent estimate of $1,913/month.

Home Details for 231 3rd St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Breakfast Nook, Dining Room, Family Room, Mud Room, Pantry
Appliances & Utilities
DishwasherMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking: Garage Detached

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Dec 18, 2019
Source: NorthstarMLS as distributed by MLS GRID #5207075
Sold
$89,000

Market trends in Balaton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
1
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Balaton

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Jeremy g. j.
    "I've lived here for 3 yrs. and I love this small community. People are nice, not to mention that I love Victory Christian Church. They are a huge support in boosting this communities ability to flourish."

LGBTQ Local Legal Protections

Frequently asked questions about 231 3rd St

  • What is 231 3rd St estimated to be worth?
    Trulia's estimated value for 231 3rd St in Balaton, MN is $142,600.
  • What is the price history for 231 3rd St?
    231 3rd St in Balaton, MN last sold for $89,000 in December 2019.
  • Is Balaton a buyer's or seller's market?
    Balaton is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 231 3rd St?
    The closest schools to 231 3rd St in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
  • Does 231 3rd St have air conditioning?
    Yes, 231 3rd St in Balaton, MN has air conditioning.
  • How big is the lot at 231 3rd St?
    The lot at 231 3rd St in Balaton, MN is about 0.28 acres (12,371 sq ft).

Apartments for Rent

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Off Market Homes Near 231 3rd St

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Homes for sale near 231 3rd St

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