Lyon County property record for 540 3rd Ave, Balaton, MN 56115 · Last verified August 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Year Built | Built 2000 |
| Lot Size | 26,136 sqft (0.6 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $98,200 (2026) |
| Tax Bill | $1,424.00 (2026) |
| Primary APN | 21-022008-5 |
|---|
| Year Built | Built 2000 |
|---|---|
| Effective Year Built | Effective 2000 |
| Lot Area | 26,136 sqft (0.6 acres) |
| Depth X Width | 178 ft x 144 ft Depth x Width |
| Street Address | 540 3RD AVE |
|---|---|
| City | BALATON |
| State | MN |
| Zip | 56115-3217 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | PT NE4 144.25' X 178.5' |
| Legal Range | 42 |
| Legal Township | 109 |
| Legal Section | 22 |
| Jurisdiction | LYON MN |
| Minor Civil Division | BALATON |
| Census Blockgroup | 4 |
| Census Block | 4009 |
| Census Tract | 360600 |
Source: Lyon County records · APN 21-022008-5
Assessment roll updated September 2, 2025 · Last verified August 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 540 3RD AVE, BALATON, MN 56115-3217 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Jul 28, 2026 | Warranty Deed, Transfer · Conventional Mortgage FIRST INDEPENDENT BANK |
| Jul 28, 2026 | Quit Claim Deed, Transfer NONE LISTED ON DOCUMENT |
| Deed Names | Verified Name on Deed |
|---|---|
| Known Transactions |
|
| Deed Doc Number | 2026231921 |
| Prior Transfer Date | Jul 17, 2026 |
| Prior Transfer Doc | 0000231920 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LYON MN |
| Recording Date | Jul 28, 2026 |
| Property Address | 540 3RD AVE, BALATON, MN 56115-3217 |
| Document Number | 0000231921 |
| Instrument Date | Jul 28, 2026 |
| Instrument | 2026231921 |
| Transaction Type | Transfer |
| Record Updated | Aug 10, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $32,730.06 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 540 3RD AVE, BALATON, MN 56115-3217 |
| Document Number | 0000231922, |
|---|---|
| Date | Jul 28, 2026 |
| Instrument | 2026231922 |
| Name | FIRST INDEPENDENT BANK |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Aug 01, 2056 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.52% |
| Initial Type | Fixed Rate |
| Max Rate | -1% |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | LYON MN |
| Recording Date | Jul 28, 2026 |
| Property Address | 540 3RD AVE, BALATON, MN 56115-3217 |
| Document Number | 0000231920 |
| Instrument Date | Jul 17, 2026 |
| Instrument | 2026231920 |
| Transaction Type | Transfer |
| Record Updated | Aug 10, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Amount | Amount Recorded |
|---|---|
| Tax | $166.65 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 540 3RD AVE, BALATON, MN 56115-3217 |
Source: Lyon County records · Assessment roll updated September 2, 2025 · Last verified August 2026
| Type | Name |
|---|---|
| State | Minnesota |
| Municipality | Balaton City |
| County | Lyon County |
| Unified School District | Tracy Area Public School District (PK - 12) |
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 | $1,424.00 (+10.73%) | ||
| 2025 | $98,200 (+24.78%) Land $10,300 Building $87,900 | $98,200 (+24.78%) Land $10,300 Building $87,900 | |
| 2023 | $1,286.00 | $78,700 Land $9,100 Building $69,600 | $78,700 Land $9,100 Building $69,600 |
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