$245,000

1567 County Road 7 Balaton, MN 56115

Estimated payment $1,427/month

5 Beds
3 Baths
2,631 Sq Ft
$93 Price per Sq Ft

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

Presenting a rare opportunity: 1567 County Road 7, Balaton, MN 56115 is an expansive 5-bedroom, 3-bath country estate on 10 acres of prime Minnesota land. Boasting 2,631 sq ft of living space, this 1917 farmhouse blends rustic charm with modern essentials—ideal for those seeking room to grow, hobby farming, or country living within reach of Balaton community amenities. The home’s inviting layout highlights a spacious living area with a cozy fireplace, perfect for gathering on cold winter nights. Enjoy updated comforts including a 3-year-old hot water heater, a 4-year-old A/C unit, and a well-maintained furnace. Durable shingle roofing (installed in 1993), a sturdy basement and pier beam foundation, and a classic wooden plank exterior provide lasting peace of mind. Fresh carpet, tile, and LVP plank flooring add comfort on every level. Practical features include well water, a septic system that received a full cleaning and new pump this year, and an oversized garage for vehicles or storage. There are no termite or lead paint issues, and the property is located outside flood zones. Utility providers support both electricity and gas, with current status ready for occupancy. The property does require a new roof, updated windows, minor siding repairs, bathroom refresh, new carpet, and cosmetic upgrades—offering a blank canvas for your personal touch. This is an exceptional find for large families, investors, or anyone looking for an affordable acreage home in the heart of Balaton’s thriving real estate market, where prices are climbing and supply remains tight.? Don’t miss your chance to own a piece of Minnesota countryside with space to spread out and endless potential. Schedule your private tour today!

Listing Agent

Jeffrey Hagel

Jeff Hagel Brokerage Email: jeffrey.hagel@gmail.com Listed on: 11/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1900

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 750x509

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Basement Window Egress

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 040060060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2001
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: jeffrey.hagel@gmail.com
  • Attribution Contact: jeffrey.hagel@gmail.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished
  • Living Area: 2631
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 630
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tracy Area
  • SchoolDistrictPhone: 507-629-5500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 750x509
  • Lot Size Sq Ft: 435600
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 040060060
  • Tax Annual Amount: 1642
  • TaxWithAssessments: 1642.0000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,642 $269,400 $94,000 $175,400
2024 $1,456 $265,800 $89,500 $176,300
2023 $1,400 $243,700 $71,300 $172,400
2022 $1,078 $190,800 $53,400 $137,400
2021 $1,198 $161,000 $48,500 $112,500
2020 $1,074 $169,300 $46,100 $123,200
2019 $1,006 $155,600 $46,100 $109,500
2018 $914 $152,900 $44,100 $108,800
2017 $914 $152,800 $47,100 $105,700
2016 $922 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2025 11/27/25 For Sale $245,000 -- $93 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,175 FHA
Source: Public Records

Source: NorthstarMLS

MLS Number: 6822498

NorthstarMLS

APN: 04-006006-0