Google street view image for 131 5th Street, Balaton, MN 56115

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Sold
$138,465
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sq ft

131 5th Street, Balaton, MN 56115

map-entry

About this home

Home is in great shape offering Newly refinished oak hardwood floors, New Bamboo hardwood Floor in living room and a nicely updated kitchen. The home has had new siding within past 3 years and was shingled with 50 year shingles in 2004. Owner has also a

Single-familyProperty Type
1949Year Built
0.26 acresLot Size
1 spaceParking
Source:Public Records

Redfin Estimate

$138,465
$64K since last sold$2,000 since October

This home's estimate is 28.1% lower than the average sale price ($193K) of 6 comparable homes.

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Earn from this home

Rent
$2,058/mo
Redfin rental estimate

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Market trends in 56115, MN

Last updated October 2026

Sale-to-list price
98.6%

1.7% MoM

Median sale price
$325K

$57K MoM

Avg. days on market
58d

4 days MoM

Recently sold homes
3

1 MoM

Provided by Redfin

Sale history for 131 5th Street

Tax history for 131 5th Street

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
0.26 Acres
Year renovated
1949
Sq. Ft.
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Year built
1949
Style
Single Family Residential
County
Lyon County
APN
21-146034-0
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 12, 2026.

Property details

Around this home

Schools

Tracy Elementary School

Public PreK-6 • Assigned • 12.2mi

6/10
Tracy Secondary

Public 7-12 • Assigned • 11.9mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 97° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Balaton, MN • 56115
Average low and high temperatures (°F)
24°
6°
31°
12°
49°
27°
57°
35°
69°
49°
78°
59°
83°
65°
77°
61°
75°
56°
62°
45°
43°
28°
30°
14°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.4 hrs
4 hrs
JuneDecember
Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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2 beds1 bath— sq ft
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Fenced-in yard • Across from a park • 8,276 sq ft lot
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Spiral staircase • Open kitchen • Heated sunroom
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3 beds1 bath1,216 sq ft
410 Central Ave S, Balaton, MN 56115
7,492 sq ft lot • Garage • Built 1915

Home values near 131 5th Street

Data from public records.
AddressRedfin Estimate
- Beds | - Baths | - Sq. Ft.
$154,760
4 Beds | 2 Baths | - Sq. Ft.
$160,636
4 Beds | 2 Baths | - Sq. Ft.
$297,139
4 Beds | 2 Baths | - Sq. Ft.
$125,346
AddressRedfin Estimate
4 Beds | - Baths | - Sq. Ft.
$172,122
3 Beds | 2 Baths | - Sq. Ft.
$155,900
3 Beds | 1 Baths | - Sq. Ft.
$87,225
2 Beds | 1 Baths | - Sq. Ft.
$93,576
AddressRedfin Estimate
2 Beds | 3 Baths | - Sq. Ft.
$97,357
2 Beds | 1 Baths | - Sq. Ft.
$81,859
3 Beds | 1 Baths | 1216 Sq. Ft.
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