Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,938 (2026).

What school district is this property in?

This property is in the 2904 - Tracy Area school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 0 days.

Listed at

$190,000

$96/sqft

3rd Railroad Add

230 1st Street, Balaton, MN, 56115

4 Bedrooms2 Bathrooms1,978 Square Feet16500 Acres

Days on market0

Year built1916

Garage spaces2

TypeResidential

Est. $2,700buyer credit when you buy with SODL

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About this home

Move-in ready and packed with updates! This charming 2-story home offers 4 bedrooms, 1½ baths, and plenty of space both inside and out. The main floor features a comfortable bedroom, while three additional bedrooms are located upstairs. You’ll love the enclosed front porch with its vaulted ceiling—a perfect spot to relax and enjoy your morning coffee. The home has been thoughtfully updated with numerous improvements, including a remodeled kitchen (2023), bathroom remodel (2022), new shingles on the home and garage (2023), boiler (2024), water heater (2025), plumbing and electrical upgrades (2020–2024), spray foam insulation (2022–2023), radon mitigation system (2020), and concrete improvements (2021). Situated on a double 100' x 165' lot, the property offers an exceptional outdoor setting with extensive landscaping, a spacious back deck, stamped concrete patio, and a hot tub—perfect for relaxing or entertaining. The 20' x 20' detached garage provides excellent space for parking, storage, or hobbies. With its spacious layout, extensive updates, great outdoor spaces, and move-in-ready condition, this home is ready for its next owner!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1916

LevelsTwo

Living area1,978 sqft

Above-grade finished1,978 sqft

Below-grade finished0 sqft

Lot size16500 acres (100x165)

Days on market0

ListedOct 5, 2026

MLS #NST7155152

CountyLyon

Subdivision3rd Railroad Add

Parcel #211060190

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 3/4 / 1 half
Heating: Boiler
Cooling: Ductless Mini-Split, Window Unit(s)
Appliances: Dishwasher, Dryer, Electric Water Heater, Water Osmosis System, Range, Refrigerator, Water Softener Rented

Property

Levels / stories: Two
Garage: 2 spaces · 20x20 · 400 sqft
Parking features: Detached Garage
Patio & porch: Deck, Front Porch, Patio
Exterior features: Vinyl
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Stone · 728 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1916

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric
Electric: Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision: 3rd Railroad Add
HOA: No HOA
School district: 2904 - Tracy Area
High school district: Tracy Area

Financial & listing details

Annual tax: $1,938 (2026)
Listed: Oct 5, 2026
Days on market: 0 · 1 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths0

3/4 baths1

Half baths1

1/4 baths0

BasementUnfinished

HeatingBoiler

CoolingDuctless Mini-Split, Window Unit(s)

LaundryLaundry Closet, Main Level

AppliancesDishwasher, Dryer, Electric Water Heater, Water Osmosis System, Range, Refrigerator, Water Softener Rented

DiningInformal Dining Room

AmenitiesDeck, Hot Tub, Kitchen Window, Main Floor Primary Bedroom, Patio, Porch, In-Ground Sprinkler, Walk-Up Attic

AccessibilityNone

Special features3 BR on One Level, Main Floor Bedroom, Main Floor Laundry, Renovated

Exterior & lot

ExteriorVinyl

RoofAge 8 Years or Less, Asphalt

FoundationStone

Foundation area728 sqft

Patio/porchDeck, Front Porch, Patio

Road frontageCity Street, Paved Streets

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric

Parking & garage

ParkingDetached Garage

Garage spaces2

Garage size400 sqft

Financial details

Annual taxes$1,938

Tax year2026

Taxes w/ assessments1938

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2904 - Tracy Area

District number2904

District phone5076295500

High schoolTracy Area

SODL flat fee brokerage

$2,700Estimated buyer credit

SODL platform fee $3,000Your buyer credit $2,700

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,223/mo

Principal & interest$999

Property taxes$162

Home insurance (est.)$63

Down payment

$38,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.