Listed at
$345,000
$113/sqft

5th Railroad Add

431 Central Avenue, Balaton, MN, 56115
4  Bedrooms2  Bathrooms3,062  Square Feet0.353  Acres
Days on market75
Year built1965
Garage spaces3
TypeResidential
Est. $7,350buyer credit when you buy with SODL
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About this home

Homes of this quality are a rare find in Balaton! This beautifully maintained 4-bedroom, 2-bath home offers premium finishes, exceptional craftsmanship, and a layout designed for comfortable living and everyday convenience. The main level features a spacious primary bedroom along with a versatile den/office that can easily serve as your 4th bedroom to fit your needs. Designed with entertaining in mind, this home offers multiple gathering spaces both inside and out. The stunning primary suite features a walkthrough closet with convenient laundry access, leading to the beautifully appointed main-floor bathroom complete with dual vanities and a luxurious Onyx walk-in shower. The four-season sunroom is truly a highlight, featuring abundant natural light, soffit lighting, a wet bar/wine bar, and patio doors that open to the backyard retreat. Additional living space in the basement includes two more bedrooms, a cozy den, a flexible recreation/family room area, and a ¾ bath, providing plenty of room for family and guests. Step outside and discover your own private oasis. The backyard showcases extensive perennial gardens that provide beautiful color throughout the growing season, creating a peaceful and picturesque setting. Enjoy outdoor entertaining with a built-in grill, wet bar, stamped concrete and paver patios, and thoughtfully designed gathering areas. Mature landscaping, built-in garden mist sprayers, under-soffit lighting, and outstanding curb appeal make this outdoor space just as impressive as the interior. Additional features include an attached two-stall garage, detached workshop/garage space, and a storage shed, offering ample room for hobbies, projects, and storage. Combining upscale finishes, generous living space, exceptional outdoor amenities, and features seldom found in the area, this is a property that truly stands out. Schedule your private showing today and experience everything this remarkable home has to offer.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1965
LevelsOne
Living area3,062 sqft
Above-grade finished1,802 sqft
Below-grade finished1,260 sqft
Lot size0.353 acres (165.90x90)
Days on market75
ListedJun 16, 2026
MLS #NST7086145
CountyLyon
Subdivision5th Railroad Add
Parcel #211100450

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
2 3/4
Heating
Forced Air
Cooling
Central Air
Basement
Block, Egress Window(s), Finished, Full · 1,260 sqft finished

Property

Levels / stories
One
Garage
3 spaces · 22x24 · 528 sqft
Parking features
Attached Garage
Patio & porch
Covered, Patio, Porch
Exterior features
Engineered Wood
Other structures
Workshop, Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,802 sqft
Roof
Asphalt
Year built
1965

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Propane

Community & HOA

Subdivision
5th Railroad Add
HOA
No HOA
School district
2904 - Tracy Area
High school district
Tracy Area

Financial & listing details

Annual tax
$4,278 (2026)
Listed
Jun 16, 2026
Days on market
75 · 58 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths0
3/4 baths2
Half baths0
1/4 baths0
BasementBlock, Egress Window(s), Finished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
AccessibilityNone
Special featuresMain Floor Laundry

Exterior & lot

ExteriorEngineered Wood
RoofAsphalt
FoundationBlock
Foundation area1,802 sqft
Patio/porchCovered, Patio, Porch
Lot featuresTree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelPropane

Parking & garage

ParkingAttached Garage
Garage spaces3
Garage size528 sqft

Financial details

Annual taxes$4,278
Tax year2026
Taxes w/ assessments4278
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2904 - Tracy Area
District number2904
District phone5076295500
High schoolTracy Area
SODL flat fee brokerage
$7,350Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,350

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.

  • Tour homes with SODL’s flexible showing network
  • 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

$2,285/mo
Principal & interest$1,813
Property taxes$357
Home insurance (est.)$115
%
$69,000
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.

Location

431 Central Avenue, Balaton, MN, 56115

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Listing information

MLS #NST7086145
StatusClosed
Last updatedAug 31, 2026, 4:43 PM
Originally listedJun 16, 2026, 10:00 PM
Listing officeEdina Realty, Inc.
Co-listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.