540 Mound Ave
Balaton, MN 56115
- 2 Beds
- 1 Bath
- 952 sqft (on 0.38 acres)
2 Beds
1 Bath
952 sqft
(on 0.38 acres)
Local Information
© Google
-- mins to
Description
Welcome home! This charming 2-bedroom, one bath home offers a 3-car heated garage with a floor drain. With over 24,000 sqft in the lot, you will find plenty of green space, a patio & a second driveway that is perfect for camper storage. The shed/barn offers a loft & 2 additional doors. Inside house you will find a 3-season porch, a perfect landing space for your things. Wood pillars frame the living room. Living room leads into the spacious dining room. Functional kitchen has white cupboards, a window & pantry in back hall. 2 bedrooms, both have large closets. Full bath has been nice updates. Basement is ready to be finished to your liking including laundry, plenty of storage & an old cistern that has been opened for additional storage. This is a hard-to-find home that you don’t want to miss.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 06, 2025
Home Highlights
Parking
3 Car Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 540 Mound Ave
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MLS Status: Closed |
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Interior Details Basement: BlockNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Dining Room, Foyer, Kitchen, Living Room, Three Season Porch |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 952 Square FeetFoundation Area: 952 |
Appliances & Utilities Appliances: Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Washer, Water Softener RentedDryerLaundry: In BasementRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: 100 Amp ServiceGas: Propane |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Exterior Home Features Roof: Age 8 Years Or LessPatio / Porch: Front Porch, PatioOther Structures: Barn(s), Lean-To |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Detached Garage,Gravel,Concrete,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage,Storage |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 952 Square Feet |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 211080160 |
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Price List Price: $98,000 |
Status Change & Dates Off Market Date: Tue Aug 15 2023 |
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Direction & Address City: BalatonCommunity: 4th Railroad Add |
School Information High School District: Tracy Area |
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Building Area Building Area: 952 Square Feet |
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No HOA |
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Lot Area: 0.38 acres |
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Contingencies: None |
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BasementMls Number: 6409407Above Grade Unfinished Area: 952 |
Last check for updates: about 9 hours ago
Listed by The Archbold Team, (507) 530-6036
Edina Realty, Inc.
Bought with: The Archbold Team, (507) 530-6036, Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#6409407

Price History for 540 Mound Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/29/2023 | $98,000 | Sold | NorthstarMLS as distributed by MLS GRID #6409407 |
| 08/15/2023 | $98,000 | Pending | NorthstarMLS as distributed by MLS GRID #6409407 |
| 08/09/2023 | $98,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6409407 |
Market trends in Balaton
Last updated April 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
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,446 |
| Assessment | $98,700 |
Home facts updated by county records
Comparable Sales for 540 Mound Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $60,000 | 09/10/25 | 2 | 1 | 1,080 | |
0.15 | Single-Family Home | $34,200 | 06/18/25 | 2 | 1 | 1,140 | |
0.52 | Single-Family Home | $83,500 | 08/11/25 | 2 | 1 | 974 | |
0.54 | Single-Family Home | $110,000 | 06/03/26 | 2 | 1 | 1,036 | |
0.56 | Single-Family Home | $90,000 | 12/22/25 | 2 | 1 | 800 | |
0.58 | Single-Family Home | $74,900 | 11/14/25 | 2 | 1 | 792 | |
0.19 | Single-Family Home | $40,500 | 01/27/26 | 1 | 1 | 894 | |
0.16 | Single-Family Home | $180,000 | 10/03/25 | 4 | 2 | 1,717 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 Mound Ave.
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
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Apartments for Rent
Homes for sale near 540 Mound Ave
Off Market Homes Near 540 Mound Ave

Based on information submitted to the MLS GRID as of 2026-06-05 14:53:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Homes for rent near 540 Mound Ave
540 Mound Ave, Balaton, MN 56115 is a 2 bedroom, 1 bathroom, 952 sqft single-family home built in 1915. This property is not currently available for sale. 540 Mound Ave was last sold on Sep 29, 2023 for $98,000 (0% higher than the asking price of $98,000). The current Trulia Estimate for 540 Mound Ave is $117,100.