Opportunity to build equity and finish a home to your own style. This property is currently in the process of a main floor remodel and has been partially gutted, creating a blank canvas for the next owner to complete. The home offers a functional layout with a front porch featuring wall-to-wall windows, an open living and dining area, a main floor bedroom with a connected ½ bath, kitchen space, main floor laundry, and access to the attached garage. The upper level includes two additional bedrooms, a bonus room that could serve as an office or flex space, and a full bathroom. The basement features tall ceilings and open areas with potential for storage or future finishing. Previous updates include the roof, windows, and mechanical systems. With the renovation already started, this property presents an opportunity for buyers looking to add personal touches, build equity, or explore renovation potential.
Closed
$52,500
281 Washington Ave N, Balaton, MN 56115
3beds
2,240sqft
Single Family
Built in 1900
10,846.44 Square Feet Lot
$53,000 Zestimate®
$23/sqft
$1,475 Estimated rent
Home value
$53,000
Estimated sales range
Not available
$1,475/mo
Zestimate® history
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$268/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
KaLea Swenson – The Deutz Group 507-531-6069,
Edina Realty, Inc.
Bought with:
KaLea Swenson – The Deutz Group
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7037496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 101.58 Square Feet
- Dimensions: 11'6x8'10
Bedroom 2
- Level: Upper
- Area: 79.86 Square Feet
- Dimensions: 8'4x9'7
Bedroom 3
- Level: Upper
- Area: 149.33 Square Feet
- Dimensions: 9'4x16'
Bathroom
- Level: Upper
- Area: 48.33 Square Feet
- Dimensions: 4'10x10'
Bonus room
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 12'x7'6
Dining room
- Level: Main
- Area: 115.12 Square Feet
- Dimensions: 10'1x11'5
Kitchen
- Level: Main
- Area: 157.44 Square Feet
- Dimensions: 8'8x18'2
Living room
- Level: Main
- Area: 261.48 Square Feet
- Dimensions: 19'3x13'7
Porch
- Level: Main
- Area: 141.17 Square Feet
- Dimensions: 19'3x7'4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Basement: Block,Daylight,Drainage System,Storage Space,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 1,270
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Details: Garage Dimensions (12x20)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Enclosed, Front Porch, Porch
Lot
- Size: 10,846 sqft
- Dimensions: 60 x 173.25
- Features: Tree Coverage - Medium
Details
- Foundation area: 970
- Parcel number: 211440200
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Balaton
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $52,500$23/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7037496 Report a problem | ||
| 3/23/2026 | Pending sale | $52,500-34.4%$23/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7037496 Report a problem | ||
| 9/22/2023 | Sold | $80,000+14.3%$36/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400889 Report a problem | ||
| 9/3/2023 | Pending sale | $70,000$31/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400889 Report a problem | ||
| 7/12/2023 | Listed for sale | $70,000$31/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400889 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,222 +86.9% | $54,500 |
| 2024 | $654 +2.5% | $54,500 +29.8% |
| 2023 | $638 +11.9% | $42,000 +18% |
| 2022 | $570 -2.7% | $35,600 +20.7% |
| 2021 | $586 -0.3% | $29,500 -6.3% |
| 2020 | $588 | $31,500 -11.5% |
| 2019 | -- | $35,600 +16.3% |
| 2018 | -- | $30,600 |
| 2017 | -- | $30,600 |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56115
Nearby schools
GreatSchools rating
- 6/10Tracy Elementary SchoolGrades: PK-6Distance: 12.6 mi
- 6/10Tracy SecondaryGrades: 7-12Distance: 12.3 mi
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- Minnesota
- Lyon County
- Balaton
- 56115
- 281 Washington Ave N
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