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Single Family ResidenceResidential
$206,083$284 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

460 231ST ST

BALATON, MN 56115
0
Baths
726 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
45.3 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$206K
$184K low$228K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,694 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$445,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$398,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$47,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$446,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$445,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMURRAY
Lot (acres)The size of the land the home sits on, from county records.45.30
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 64 ft²Shed · 216 ft²Porch · 234 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Tracy Secondary SchoolC+
Middle · Grades 7–12 · 17.2 mi
E
Tracy Elementary SchoolA-
Elementary · Grades PK–6 · 17.6 mi

District: Tracy Area Public School District

Neighborhood · ZIP 56115These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.17

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.1,425
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.11 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,748
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,556
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.26 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

460 231st St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 65% of homes in Balaton 56115
  • Costs more per square foot than 88% of homes in Murray County
  • Smaller than 93% of homes in Balaton 56115
  • Has a bigger lot than 94% of homes in Balaton 56115
  • Older than 90% of homes in Murray County

What homes are worth in Balaton 56115

Each bar is how many homes fall in that price range. The marker is this home.

This home
$22K$539K

This home is worth more than 65% of homes in Balaton 56115.

How it measures up in Balaton 56115

The dot is this home. The mark in the middle is the typical home in Balaton 56115.

Estimated value$206,083
CheaperTypical $139,085Pricier

Pricier than 65% of homes nearby

Price per ft²$284
CheaperTypical $261Pricier

Pricier than 62% of homes nearby

Living area726 ft²
SmallerTypical 1,276 ft²Bigger

Bigger than 7% of homes nearby

Lot size45.3 ac
SmallerTypical 0.47 acBigger

Bigger than 94% of homes nearby

Year built1900
OlderTypical 1946Newer

Newer than 13% of homes nearby

How 460 231st St ranks against every home in each area.
MeasureThis homeBalaton 56115Murray County
Estimated valuepricier than$206,08365% of homes54% of homes
Price per ft²pricier than$28462% of homes88% of homes
Living areabigger than726 ft²7% of homes7% of homes
Lot sizebigger than45.3 ac94% of homes91% of homes
Year builtnewer than190013% of homes10% of homes

About 460 231st St

How much is 460 231st St, Balaton, MN worth?

The TopHap Estimate for 460 231st St, Balaton, MN is $206,083 as of Sep 24, 2026. The likely range is $183,799 to $228,367. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 460 231st St, Balaton, MN last sell?

460 231st St, Balaton, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 460 231st St, Balaton, MN?

460 231st St, Balaton, MN has 726 square feet of living space and a 45.30-acre lot.

When was 460 231st St, Balaton, MN built?

460 231st St, Balaton, MN was built in 1900, making it 126 years old. The building has 2 stories.

What schools serve 460 231st St, Balaton, MN?

460 231st St, Balaton, MN is assigned to Tracy Secondary School (middle), rated C+; Tracy Elementary School (elementary), rated A-. All sit in Tracy Area Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 460 231st St, Balaton, MN compare to other homes in Balaton 56115?

Among the 602 homes in Balaton 56115, it is worth more than 65% of them ($206,083 against a typical $139,085), its price per square foot is higher than 62% of them ($284 against a typical $261), it is bigger than 7% of them (726 ft² against a typical 1,276 ft²), its lot is bigger than 94% of them (45.3 ac against a typical 0.47 ac) and it is newer than 13% of them (1900 against a typical 1946). Measured against all of Murray County, it is worth more than 54% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 460 231st St, Balaton, MN?

The 2026 property tax bill for 460 231st St, Balaton, MN was $1,694. The county assessed it at $445,500.

More homes on 231st St

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Assigned schools

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