Lyon County property record for 541 Mound Ave, Balaton, MN 56115
| Property Type | Single Family Home |
|---|---|
| Details | built 1971 |
| Lot Size | 0.284 acres (12,372 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $122,000 (Nov 2018) |
| Tax Bill | $2,834 (2026) |
| Deeds & Mortgages | Mar 2023 Mortgage Nov 2018 Mortgage + 2 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 21-108036-0 |
| Primary APN | 21-108036-0 |
|---|
| Year Built | Built 1971 |
|---|---|
| Effective Year Built | Effective 1971 |
| Lot Area | 12,372 sqft (0.284 acres) |
| Street Address | 541 MOUND AVE |
|---|---|
| City | BALATON |
| State | MN |
| Zip | 56115-1068 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | 4TH RAILWAY ADDITION 01010001 LOT 5 & NWLY 1/2 LOT 6 BLK 19 |
| Legal Subdivision | RAILWAY ADD |
| Legal Block | 19 |
| Legal Lot Number | 5-6 |
| Jurisdiction | LYON MN |
| Township / Civil Division | BALATON |
| Census Block Group | 4 |
| Census Block | 4046 |
| Census Tract | 360600 |
541 Mound Ave is owned and occupied by two individuals who bought it in November 2018.
Source: Lyon County records, as of September 1, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Joint Tenants |
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 |
|---|---|
| Mar 15, 2023 | Deed of Trust, Mortgage HUD |
| Nov 9, 2018 | Deed of Trust, Mortgage · FHA Mortgage EVERETT FINANCIAL INC |
| May 18, 2018 | Deed of Trust, Mortgage · Line of Credit FIRST INDEPENDENT BANK |
| Nov 9, 2018 | Warranty Deed, Transfer EVERETT FINANCIAL INC |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Nov 9, 2018 · Amount on File |
| Deed Sale | Nov 9, 2018 · Amount on File |
| Deed Document Number | 20186476 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LYON MN |
| Property Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Transaction Type | Mortgage |
| Record Updated | Apr 5, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0000015359 |
|---|---|
| Date | Mar 15, 2023 |
| Instrument | 15359 |
| Name | HUD |
|---|---|
| Type | Government Agency |
| Amount | Amount on Record |
|---|---|
| Term | 312 Months |
| Due | Jan 1, 2049 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LYON MN |
| Property Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Transaction Type | Mortgage |
| Record Updated | Aug 20, 2021 |
| Name | Verified Name |
|---|
| Document Number | ER06477 |
|---|---|
| Date | Nov 9, 2018 |
| Instrument | ER06477 |
| Name | EVERETT FINANCIAL INC |
|---|---|
| Type | Funding / Finance Company |
| Address | DALLAS, TX 75254 |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Dec 1, 2048 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LYON MN |
| Property Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Transaction Type | Mortgage |
| Record Updated | Aug 20, 2021 |
| Name | Verified Name |
|---|
| Document Number | 215890 |
|---|---|
| Date | May 18, 2018 |
| Instrument | 215890 |
| Name | FIRST INDEPENDENT BANK |
|---|---|
| Type | Bank |
| Address | MARSHALL, MN 56258 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 36 Months |
| Due | May 23, 2021 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LYON MN |
| Recording Date | Nov 9, 2018 |
| Property Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Document Number | ER06476 |
| Instrument Date | Nov 8, 2018 |
| Instrument | ER06476 |
| Transaction Type | Transfer |
| Record Updated | Aug 20, 2021 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $402.60 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 541 MOUND AVE, BALATON, MN 56115-1068 |
| Document Number | ER06478 |
|---|---|
| Date | Nov 9, 2018 |
| Instrument | ER06478 |
| Name | EVERETT FINANCIAL INC |
|---|---|
| Type | Funding / Finance Company |
| Address | MINNEAPOLIS, MN 55448 |
| Amount | Amount on Record |
|---|---|
| Term | 361 Months |
| Due | Dec 1, 2048 |
The 2026 property tax bill for 541 Mound Ave was $2,834.
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 | $2,834.00 | $179,800 (+13.22%) Land $4,300 Building $175,500 | $179,800 (+13.22%) Land $4,300 Building $175,500 |
| 2025 | $158,800 Land $4,300 Building $154,500 | $158,800 Land $4,300 Building $154,500 | |
| 2023 | $2,946.00 | $141,600 Land $4,300 Building $137,300 | $141,600 Land $4,300 Building $137,300 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 541 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 541 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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