230 1st Street
Balaton, MN, 56115 $ 190,000
Bedrooms4 Baths1.1 Sq 1,978 Monthly Estimate*
$ 1,312
for $190,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,978 square foot home was built in 1916 on a lot size of 0.378788.
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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FeaturesGeneralLiving Area 1978
Sewer City Sewer/Connected
Heating Boiler
Cooling Ductless Mini-Split Window Unit(s)
Roof Age 8 Years or Less Asphalt
Appliances Dishwasher Dryer Electric Water Heater Water Osmosis System Range Refrigerator Water Softener Rented
HOA Fee 0
Garage Spaces 2
Year Built 1916
Electric Circuit Breakers 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 211060200
County Lyon
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name 3rd Railroad Add
Other Structures Storage Shed
Full Baths 0
Directions From Hwy 14 in Balaton take Washington Ave south to 1st St.
City Balaton
High School District Tracy Area
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1938
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Amenities Unit Deck Hot Tub Kitchen Window Main Floor Primary Bedroom Patio Porch In-Ground Sprinkler Walk-Up Attic
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InteriorBasement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1978
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Closet Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Bath Desc Main Floor 3/4 Bath Upper Level 1/2 Bath
Dining Room Description Informal Dining Room
Fuel Electric
Garage Dimensions 20x20
Garage Square Feet 400
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ExteriorParking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 16500
Building Area Total 2706
Lot Dimensions 100x165
Waterfront Y/N N
Foundation Area 728
Road Frontage Type City Street Paved Streets
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByCreative Three, Inc.Broker
stacy@creativethreerealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,312
- Monthly Property Taxes
- $162
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Balaton, MN
Average List Price $241,986
Percent of Sale Price 27%
About Balaton, MN 648 Population
5% Since 2002
$ 52,692 Median Income
40 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048571 Elementary School
3048440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $190,000 | | Listed Price |