2332 140th St, Balaton, MN 56115 Property Records

Lyon County property record for 2332 140th St, Balaton, MN 56115 · Last verified July 2026

Property Highlights

Property Type	Agriculture / Farming > General Agricultural/Rural
Year Built	Built 1994
Lot Size	302,263 sqft (6.93 acres)
Occupancy	Owner Occupied
Tax Bill	$1,478.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`04-007005-1`

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Lot Area	302,263 sqft (6.93 acres)

Location & Zoning

Street Address	2332 140TH ST
City	BALATON
State	MN
Zip	56115-3125
Property Usage	Agriculture or Farming Property Usage
Type	Agriculture / Farming > General Agricultural/Rural
Legal Description	6.939 ACRES PT OF E2 SW4
Legal Range	41
Legal Township	109
Legal Section	07
Legal Subdivision	STR: E2SW4S7T109R41
Jurisdiction	LYON MN
Minor Civil Division	CUSTER
Census Blockgroup	3
Census Block	3070
Census Tract	360600

Owner

Source: Lyon County records · APN 04-007005-1

Assessment roll updated September 2, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individuals Owners
Mailing Address	2332 140TH ST, BALATON, MN 56115-3125
Occupancy	Owner Occupied
Owner Type	Owner is a Company
Vesting	Owner is a Trust, Family Trust

Deeds, Mortgages & Sale History

Date	Document
Mar 10, 2021	Deed of Trust, Mortgage · Conventional Mortgage FIRST INDEPENDENT BANK
Mar 22, 2018	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Transfer Date	Mar 20, 2018
Transfer Doc	215454
Record Refreshed	Sep 20, 2026

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LYON MN
Property Address	2332 140TH ST, BALATON, MN 56115-3125
Transaction Type	Mortgage
Record Updated	Aug 20, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	222583
Date	Mar 10, 2021
Instrument	222583

Lender

Name	FIRST INDEPENDENT BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Mar 01, 2036

Interest

Rate Type	Fixed Rate

March 2018: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LYON MN
Recording Date	Mar 22, 2018
Property Address	2332 140TH ST, BALATON, MN 56115-3125
Document Number	215454
Instrument Date	Mar 20, 2018
Instrument	215454
Transaction Type	Transfer
Record Updated	Jun 06, 2023

Transaction

Tax	$0.00
Amount Accuracy	Zero or No Consideration Stated
Additional	Interfamily Transfer Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Trust
Address	2332 140TH ST, BALATON, MN 56115-3125
Investor	Possibly a Property Investor

Tax Assessment & Valuation

Source: Lyon County records · Assessment roll updated September 2, 2025 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,478.00 (+2.5%)
2025	$1,442.00 (+6.03%) Homeowner's exemption	$318,100 (+3.78%) Land $81,600 Building $236,500	$318,100 (+3.78%) Land $81,600 Building $236,500
2023	$1,360.00	$306,500 Land $77,400 Building $229,100	$306,500 Land $77,400 Building $229,100

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