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Single Family ResidenceResidential
$18,144
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 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $21,000 on Nov 17, 2021

511 SUMMIT AVE

BALATON, MN 56115
0
Baths
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1912
Year BuiltThe year the home was originally built, according to county records.

Valuation

$18K
$15K low$21K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$21,000 · Nov 17, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$356 (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.$25,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$21,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$25,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
35
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
18
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
58
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
47
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
21
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLYON
Lot (acres)The size of the land the home sits on, from county records.0.21
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 · 12.0 mi
E
Tracy Elementary SchoolA-
Elementary · Grades PK–6 · 12.4 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

511 Summit Ave 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.

  • Among the least valuable homes in Lyon County
  • Has a smaller lot than 74% of homes in Balaton 56115
  • Older than 79% of homes in Lyon 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 less than almost all 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$18,144
CheaperTypical $139,085Pricier

Cheaper than almost all homes nearby

Lot size0.21 ac
SmallerTypical 0.47 acBigger

Bigger than 26% of homes nearby

Year built1912
OlderTypical 1946Newer

Newer than 23% of homes nearby

How 511 Summit Ave ranks against every home in each area.
MeasureThis homeBalaton 56115Lyon County
Estimated valuepricier than$18,144almost no homesalmost no homes
Lot sizebigger than0.21 ac26% of homes36% of homes
Year builtnewer than191223% of homes21% of homes

About 511 Summit Ave

How much is 511 Summit Ave, Balaton, MN worth?

The TopHap Estimate for 511 Summit Ave, Balaton, MN is $18,144 as of Jul 14, 2026. The likely range is $15,442 to $20,846. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 511 Summit Ave, Balaton, MN last sell?

511 Summit Ave, Balaton, MN last sold on Nov 17, 2021 for $21,000, according to the county's recorded deed.

When was 511 Summit Ave, Balaton, MN built?

511 Summit Ave, Balaton, MN was built in 1912, making it 114 years old.

What schools serve 511 Summit Ave, Balaton, MN?

511 Summit Ave, 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 511 Summit Ave, Balaton, MN compare to other homes in Balaton 56115?

Among the 602 homes in Balaton 56115, it is worth more than almost none of them ($18,144 against a typical $139,085), its lot is bigger than 26% of them (0.21 ac against a typical 0.47 ac) and it is newer than 23% of them (1912 against a typical 1946). Measured against all of Lyon County, it is worth more than almost no 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 511 Summit Ave, Balaton, MN?

The 2026 property tax bill for 511 Summit Ave, Balaton, MN was $356. The county assessed it at $25,100.

More homes on Summit Ave

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Assigned schools

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See this home in context

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