460 Mound Ave, Balaton, MN 56115

ONLINE REAL ESTATE AUCTION: BIDDING OPENS: Monday, August 31st, 2026 at 10:00 AM-BIDDING CLOSES: Tuesday, September 1st, 2026 at 10:00 AM---Here's an affordable opportunity to own a move-in-ready home in the community of Balaton. Don't overlook this one! Affordable homes of this era, size, and character rarely come available in Balaton, and this one sells at auction. Whether you're an owner-occupant looking for room to spread out, an investor looking for a solid rental, or a buyer who appreciates original craftsmanship and wants to put their own stamp on a property, this one deserves a look. This is an online-only auction, bid from anywhere. Registration and bidding available at www.burlagepeterson.com. Be prepared to buy. No Buyer's Premium! Built in 1920 and set on a corner lot at the edge of a quiet, Balaton neighborhood, this 1½ story home offers approximately 1,924 square feet of above-grade living area, plus a full unfinished basement for utilities and storage. The main level is set up for comfortable living, with a living room, dining room, kitchen, full bathroom, and a main floor bedroom that would also serve well as an office, den, or hobby room. A generous mud room off the kitchen handles laundry, coats, shoes, and storage, and connects the home to the attached garage. Upstairs you'll find three additional bedrooms and a second full bathroom. Throughout the home, the original character shows itself, natural woodwork, and vintage details you cannot reproduce today. An enclosed front porch offers three-season space or a restoration project for the right buyer. Mechanicals include forced air heat, central air conditioning, an electric water heater, and an owned water softener. Outside, the property includes an insulated attached garage, a detached garage, a 12' x 16' storage shed, a concrete patio, and mature trees, with the corner lot giving plenty of room for parking, gardening, and outdoor entertaining. This is a well-located home with real square footage, character, and room for a buyer to add their own value. Don't miss the auction & this affordable home opportunity!