540 Mound Ave, Balaton, MN 56115
OFF MARKET

540 Mound Ave
Balaton, MN 56115

  • 2 Beds
  • 1 Bath
  • 952 sqft (on 0.38 acres)

$117,100

Trulia Estimate
as of Jun 6, 2026
Est. Refi. Payment $751/mo*

$117,100

Trulia Estimate
as of Jun 6, 2026
Est. Refi. Payment $751/mo*
2 Beds
1 Bath
952 sqft
(on 0.38 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 7

Property Information

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

Price & Status

Price
List Price: $98,000
Status Change & Dates
Off Market Date: Tue Aug 15 2023

Location

Direction & Address
City: BalatonCommunity: 4th Railroad Add
School Information
High School District: Tracy Area

Building

Building Area
Building Area: 952 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.38 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6409407Above Grade Unfinished Area: 952
Last check for updates: about 22 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

DatePriceEventSource
09/29/2023$98,000Sold
NorthstarMLS as distributed by MLS GRID #6409407
08/15/2023$98,000PendingNorthstarMLS as distributed by MLS GRID #6409407
08/09/2023$98,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6409407

Market trends in Balaton

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
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Property Tax and Assessment

Year2025
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

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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

Apartments for Rent

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Homes for sale near 540 Mound Ave

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Off Market Homes Near 540 Mound Ave

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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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Homes for rent near 540 Mound Ave

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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.