Lyon County property record for 540 Mound Ave, Balaton, MN 56115
| Property Type | Single Family Home |
|---|---|
| Details | built 1915 |
| Lot Size | 0.38 acres (16,586 sqft) |
| Owner | Individual Name on File |
| Last Sale | $98,000 (Sep 2023) |
| Tax Bill | $1,434 (2026) |
| Deeds & Mortgages | Feb 2024 Mortgage Sep 2023 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 21-108016-0 |
| Primary APN | 21-108016-0 |
|---|
| Year Built | Built 1915 |
|---|---|
| Effective Year Built | Effective 1915 |
| Lot Area | 16,586 sqft (0.38 acres) |
| Street Address | 540 MOUND AVE |
|---|---|
| City | BALATON |
| State | MN |
| Zip | 56115-1068 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | 4TH RAILWAY ADDITION 01010001 LOTS 9,10 & 11, BLK 16 |
| Legal Subdivision | RAILWAY ADD |
| Legal Block | 16 |
| Legal Lot Number | 9-11 |
| Jurisdiction | LYON MN |
| Township / Civil Division | BALATON |
| Census Block Group | 4 |
| Census Block | 4045 |
| Census Tract | 360600 |
540 Mound Ave is owned and occupied by an individual who bought it in September 2023.
Source: Lyon County records, as of September 1, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 540 MOUND AVE, BALATON, MN 56115-1068 |
| 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.
| Date | Document |
|---|---|
| Feb 12, 2024 | Deed of Trust, Mortgage · Conventional Mortgage FIRST INDEPENDENT BANK |
| Sep 29, 2023 | Warranty Deed, Transfer BV ABSTRACT AND TITLE, ABSTRACT & TITLE |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Sep 29, 2023 · Amount on File |
| Deed Sale | Sep 29, 2023 · Amount on File |
| Prior Sale | May 4, 2015 · Amount on File |
| Deed Document Number | 202316573 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LYON MN |
| Property Address | 540 MOUND AVE, BALATON, MN 56115-1068 |
| Transaction Type | Mortgage |
| Record Updated | Jan 21, 2026 |
| Name | Verified Name |
|---|
| Document Number | 0000228099 |
|---|---|
| Date | Feb 12, 2024 |
| Instrument | 228099 |
| Name | FIRST INDEPENDENT BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Feb 23, 2029 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LYON MN |
| Recording Date | Sep 29, 2023 |
| Property Address | 540 MOUND AVE, BALATON, MN 56115-1068 |
| Document Number | 0000016573 |
| Instrument Date | Sep 29, 2023 |
| Instrument | 16573 |
| Transaction Type | Transfer |
| Record Updated | Jan 21, 2026 |
| Title Company | BV ABSTRACT AND TITLE, ABSTRACT & TITLE |
| Amount | Amount on Record |
|---|---|
| Tax | $323.40 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 540 MOUND AVE, BALATON, MN 56115-1068 |
The 2026 property tax bill for 540 Mound Ave was $1,434.
Source: Lyon County assessment roll, as of September 1, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| Municipality | Balaton City |
| County | Lyon County |
| Unified School District | Tracy Area Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $1,434.00 | $111,800 (+13.27%) Land $7,000 Building $104,800 | $111,800 (+13.27%) Land $7,000 Building $104,800 |
| 2025 | $98,700 Land $7,000 Building $91,700 | $98,700 Land $7,000 Building $91,700 | |
| 2024 | $1,446.00 (+27.07%) | ||
| 2023 | $1,138.00 | $75,600 Land $7,000 Building $68,600 | $75,600 Land $7,000 Building $68,600 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 540 Mound Ave 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 risk around 540 Mound Ave 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 97% of the US · lower than 89% 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.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Balaton serves 639 people · EPA ID MN1420001 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Apr 2025 |
| Lead | 3 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 83 locations within half a mile, as of December 31, 2025
| Provider | Max 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 |
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