1875 140th St, Balaton, MN 56115 Property Records

Lyon County property record for 1875 140th St, Balaton, MN 56115

Property Summary

Property Type	Single Family Home
Details	built 1900
Lot Size	10.3 acres (449,975 sqft)
Owner	Individual Name on File
Last Sale	$95,000 (Mar 2023)
Tax Bill	$1,296 (2026)
Deeds & Mortgages	Jun 2026 Mortgage Mar 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`15-017001-0`

Property Details

APN / Parcel Number

Primary APN	`15-017001-0`

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Lot Area	449,975 sqft (10.3 acres)

Location & Zoning

Street Address	1875 140TH ST
City	BALATON
State	MN
Zip	56115-3173
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	10.33 ACRES PT NE4
Legal Range	42
Legal Township	109
Legal Section	17
Jurisdiction	LYON MN
Township / Civil Division	ROCK LAKE
Census Block Group	1
Census Block	1139
Census Tract	360600

Owner

1875 140th St is owned and occupied by an individual who bought it in March 2023.

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

Owner of Record	Individual Name on File
Mailing Address	1875 140TH ST, BALATON, MN 56115-3173
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Jun 24, 2026	Deed of Trust, Mortgage · Conventional Mortgage F M BANK
Mar 24, 2023	Deed, Transfer · USDA Mortgage USDA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 24, 2023 · Amount on File
Deed Sale	Mar 24, 2023 · Amount on File
Deed Document Number	2023226609
Record Updated	Oct 29, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LYON MN
Recording Date	Jun 24, 2026
Property Address	1875 140TH ST, BALATON, MN 56115-3173
Document Number	0000231768
Instrument Date	Jun 24, 2026
Instrument	2026231768
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1875 140TH ST, BALATON, MN 56115-3173

Mortgage

Document Number	0000231768,
Date	Jun 24, 2026
Instrument	2026231768

Lender

Name	F M BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Jun 24, 2041

Interest

Rate Type	Fixed Rate
Rate	5.87%
Initial Type	Fixed Rate
Max Rate	-1%

March 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	LYON MN
Recording Date	Mar 24, 2023
Property Address	1875 140TH ST, BALATON, MN 56115-3173
Document Number	0000226609
Instrument Date	Mar 24, 2023
Instrument	226609
Transaction Type	Transfer
Record Updated	Jan 28, 2026

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$313.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1875 140TH ST, BALATON, MN 56115-3173

Mortgage

Document Number	0000226611
Date	Mar 24, 2023
Instrument	226611

Lender

Name	USDA
Type	Government Agency

Agreement

Type	USDA Mortgage
Amount	Amount on Record
Term	301 Months
Due	Apr 24, 2048

Tax Assessment & Valuation

The 2026 property tax bill for 1875 140th St was $1,296, up 1.7% from the year before.

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

Property Jurisdictions

Type	Name
State	Minnesota
County	Lyon County
County Subdivision	Rock Lake Township
Unified School District	Tracy Area Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,296.00 (+1.73%)	$201,700 (-1.03%) Land $91,000 Building $110,700	$201,700 (-1.03%) Land $91,000 Building $110,700
2025	$1,274.00	$203,800 Land $91,000 Building $112,800	$203,800 Land $91,000 Building $112,800
2024	$1,274.00 (-84.77%)
2023	$8,364.00	$2,104,800 Land $1,992,700 Building $112,100	$2,104,800 Land $1,992,700 Building $112,100

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

Flood

FEMA maps place 1875 140th St in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

Wildfire risk around 1875 140th 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 Risk	Low lower than 95% of the US · lower than 84% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	Lincoln-Pipestone Rural Water System serves 13,644 people · EPA ID MN1410007
Water Source	Purchased surface water from several systems
Last State Inspection	Jun 2025
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 1 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
GigFire Fixed Wireless	150 / 130
Midco Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	25 / 3

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