231 3rd St
Balaton, MN 56115
- 5 Beds
- 3 Baths
- 2,320 sqft (on 0.28 acres)
5 Beds
3 Baths
2,320 sqft
(on 0.28 acres)
Home Value
Trulia Estimate
$143KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Year Built Year Built: 1912 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
Parking & Garage GarageParking: Garage Detached |
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Lot Area: 0.28 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 18, 2019 Source: NorthstarMLS as distributed by MLS GRID #5207075 | Sold | $89,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,192 | $87,100 |
Home facts updated by county records
Market trends in Balaton
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
1MoM
Around this home
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.
LGBTQ Local Legal Protections
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).

