131 1st St, Balaton, MN 56115 Property Records

Lyon County property record for 131 1st St, Balaton, MN 56115

Property Summary

Property TypeSingle Family Home
Detailsbuilt 1930
Lot Size0.378 acres (16,496 sqft)
OwnerIndividual Name on File
Tax Bill$868 (2026)
Deeds & MortgagesJun 2023 Transfer
Flood ZoneZone X (minimal risk)
APN21-100004-0

Property Details

APN / Parcel Number

Primary APN21-100004-0

Exterior

Year BuiltBuilt 1930
Effective Year BuiltEffective 1930
Lot Area16,496 sqft (0.378 acres)

Location & Zoning

Street Address131 1ST ST
CityBALATON
StateMN
Zip56115-1001
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionORIGINAL PLAT - BALATON 01010001 LOT 4-5 BLK 1
Legal SubdivisionORIGINAL PLAT - BALATON
Legal Block1
Legal Lot Number4
JurisdictionLYON MN
Township / Civil DivisionBALATON
Census Block Group4
Census Block4027
Census Tract360600

Owner

131 1st St is owned and occupied by an individual who acquired it in May 2023.

Source: Lyon County records, as of September 1, 2026

Owner of RecordIndividual Name on File
Mailing Address131 1ST ST, BALATON, MN 56115-1001
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateMay 25, 2023
Transfer Doc0000226992
Record UpdatedOct 29, 2026

June 2023: Transfer on Death Deed, Transfer

Document TypeTransfer on Death Deed
JurisdictionLYON MN
Recording DateJun 5, 2023
Property Address131 1ST ST, BALATON, MN 56115-1001
Document Number0000226992
Instrument DateMay 25, 2023
Instrument226992
Transaction TypeTransfer
Record UpdatedJun 28, 2023

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLiving Trust

Tax Assessment & Valuation

The 2026 property tax bill for 131 1st St was $868.

Source: Lyon County assessment roll, as of September 1, 2026

Property Jurisdictions

TypeName
StateMinnesota
MunicipalityBalaton City
CountyLyon County
Unified School DistrictTracy Area Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$868.00$68,000 (+13.52%) Land $5,200 Building $62,800$68,000 (+13.52%) Land $5,200 Building $62,800
2025$59,900 Land $5,200 Building $54,700$59,900 Land $5,200 Building $54,700
2023$696.00 (+10.83%)$43,800 (+11.73%) Land $5,200 Building $38,600$43,800 (+11.73%) Land $5,200 Building $38,600
2022$628.00$39,200 Land $6,300 Building $32,900$39,200 Land $6,300 Building $32,900

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 131 1st St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 23, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 131 1st St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.8% of the US · lower than 99.4% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemBalaton
serves 639 people · EPA ID MN1420001
Water SourceGroundwater
Last State InspectionApr 2025
Lead3 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 150 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Woodstock Telephone Company
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
GigFire
Fixed Wireless
150 / 130
Midco
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on 1st St

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