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  • $325,000

    431 Central Ave S, Balaton, MN 56115

    4beds
    3,062sqft
    Single Family
    Built in 1965
    0.35 Acres Lot
    $325,000 Zestimate®
    $106/sqft
    $1,624 Estimated rent

    Home value

    $325,000

    Estimated sales range

    Not available

    $1,624/mo

    Zestimate® history
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    What's special

    Homes of this quality are a rare find in Balaton! This beautifully maintained 4-bedroom, 2-bath home offers premium finishes, exceptional craftsmanship, and a layout designed for comfortable living and everyday convenience. The main level features a spacious primary bedroom along with a versatile den/office that can easily serve as your 4th bedroom to fit your needs. Designed with entertaining in mind, this home offers multiple gathering spaces both inside and out. The stunning primary suite features a walkthrough closet with convenient laundry access, leading to the beautifully appointed main-floor bathroom complete with dual vanities and a luxurious Onyx walk-in shower. The four-season sunroom is truly a highlight, featuring abundant natural light, soffit lighting, a wet bar/wine bar, and patio doors that open to the backyard retreat. Additional living space in the basement includes two more bedrooms, a cozy den, a flexible recreation/family room area, and a ¾ bath, providing plenty of room for family and guests. Step outside and discover your own private oasis. The backyard showcases extensive perennial gardens that provide beautiful color throughout the growing season, creating a peaceful and picturesque setting. Enjoy outdoor entertaining with a built-in grill, wet bar, stamped concrete and paver patios, and thoughtfully designed gathering areas. Mature landscaping, built-in garden mist sprayers, under-soffit lighting, and outstanding curb appeal make this outdoor space just as impressive as the interior. Additional features include an attached two-stall garage, detached workshop/garage space, and a storage shed, offering ample room for hobbies, projects, and storage. Combining upscale finishes, generous living space, exceptional outdoor amenities, and features seldom found in the area, this is a property that truly stands out. Schedule your private showing today and experience everything this remarkable home has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Onken 507-820-0570,

    Edina Realty, Inc.,

    Tara Onken 507-820-1710

    Bought with:

    Tara Onken

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7086145MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Basement
    Bedroom 3
    • Level: Basement
    Den
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Block,Egress Window(s),Finished,Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,062
    • Total interior livable area: 3,062 sqft
    • Finished area above ground: 1,802
    • Finished area below ground: 1,260

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Dimensions (22x24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    Lot
    • Size: 0.35 Acres
    • Dimensions: 165.90 x 90
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Workshop, Storage Shed
    • Foundation area: 1802
    • Parcel number: 211100450
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Gas: Propane
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: 5th Railroad Add
    HOA
    • Has HOA: No
    Location
    • Region: Balaton

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $219,100
    • Annual tax amount: $4,278
    • Date on market: 6/17/2026
    • Cumulative days on market: 58 days

    Price history

    DateEventPrice
    8/31/2026Sold$325,000-5.8%$106/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7086145 Report a problem
    8/13/2026Pending sale$345,000$113/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7086145 Report a problem
    6/17/2026Listed for sale$345,000$113/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7086145 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,284 +13.7%$219,100 -0.1%
    2024$3,768 -7.1%$219,400 +21.1%
    2023$4,058 +18%$181,200 +4.7%
    2022$3,440 +11.7%$173,000 +21.1%
    2021$3,080 +1.7%$142,800 +5.9%
    2020$3,028 $134,800 -7.8%
    2019-- $146,200 +39.2%
    2018-- $105,000
    2017-- $105,000
    2016-- --
    2015-- --
    2014-- --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 56115

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $325,000
    2% more
    +$6,500
    With Zillow Showcase(estimated)
    $331,500
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $325,000
    2% more
    +$6,500
    With Zillow Showcase(estimated)
    $331,500