$119,900
2 Beds
1 Bath
952 sqft (on 0.38 acres)
540 Mound Ave, Balaton, MN 56115
Est. Refi. Payment $829/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 29, 2023 for $98,000
Home Value
Trulia Estimate
$120KSince last month
Increased$400 (+0.3%)Since last year
Increased$9K (+7.8%)Since last sale
Increased$21K (+21.8%)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 +65% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $119K |
| August 2026 | $119K |
| July 2026 | $120K |
| June 2026 | $120K |
| May 2026 | $117K |
| April 2026 | $114K |
| March 2026 | $109K |
| February 2026 | $107K |
| January 2026 | $107K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $155,000 | 07/07/26 | 2 | 1 | 1,630 | |
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 | |
0.15 | Single-Family Home | $325,000 | 08/31/26 | 4 | 2 | 3,062 | |
0.24 | Single-Family Home | $155,000 | 05/28/26 | 4 | 1.5 | 2,184 | |
0.54 | Single-Family Home | $40,000 | 02/09/26 | 4 | 1.5 | 1,708 | |
0.58 | Single-Family Home | $52,500 | 04/02/26 | 3 | 1.5 | 2,240 |
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 |
|---|---|---|---|---|---|---|
0.07 | - | 4 | 2 | 3,064 | Off Market | |
0.08 | $109,800 | 3 | 1 | 1,092 | Off Market | |
0.12 | $152,100 | 4 | 2 | 1,600 | Off Market | |
0.10 | $155,000 | 2 | 1 | 1,080 | For Sale | |
0.15 | $325,000 | 4 | 2 | 3,062 | Recently Sold | |
0.10 | $155,000 | 2 | 1 | 1,630 | Recently Sold | |
0.15 | $34,800 | 2 | 1 | 1,140 | Off Market | |
0.16 | $144,600 | 4 | 2 | 1,506 | Off Market | |
0.19 | $40,500 | 1 | 1 | 894 | Recently Sold | |
0.19 | $145,700 | 4 | 2 | 2,117 | Off Market | |
0.20 | $78,000 | 3 | 1.5 | 1,700 | Off Market |
Local Information
- Map ViewExplore the area around 540 Mound Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1915
0.38 acre lot
952 sqft
$126/sqft
3 Car Garage
About this House
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.
540 Mound Ave, Balaton, MN 56115 is a 2 bedroom, 1 bathroom, 952 sqft single-family home built in 1915. It last sold for the $98,000 asking price on Sep 29, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $119,900, with a rent estimate of $954/month.
Last check for updates: 9 minutes 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
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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 29, 2023 Source: NorthstarMLS as distributed by MLS GRID #6409407 | Sold | $98,000 |
Aug 15, 2023 Source: NorthstarMLS as distributed by MLS GRID #6409407 | Pending | $98,000 |
Aug 9, 2023 Source: NorthstarMLS as distributed by MLS GRID #6409407 | Listed For Sale | $98,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,446 | $98,700 |
Home facts updated by county records
Market trends in Balaton
Last updated August 2026
Avg. sale price
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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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Based on information submitted to the MLS GRID as of 2026-09-22 01:18:27 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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By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
Frequently asked questions about 540 Mound Ave
- What is 540 Mound Ave estimated to be worth?Trulia's estimated value for 540 Mound Ave in Balaton, MN is $119,900.
- What is the price history for 540 Mound Ave?540 Mound Ave in Balaton, MN last sold for $98,000 in September 2023.
- Is Balaton a buyer's or seller's market?Balaton is currently a balanced market, based on recent for-sale activity.
- What are the closest schools to 540 Mound Ave?The closest schools to 540 Mound Ave in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
- Does 540 Mound Ave have air conditioning?Yes, 540 Mound Ave in Balaton, MN has air conditioning.
- Does 540 Mound Ave have laundry facilities?Yes, 540 Mound Ave in Balaton, MN has in-unit laundry.
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