1004 Madison St, Ely, MN 55731
Property image
Property image
OFF MARKET

$186,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,650 sqft

1004 Madison St, Ely, MN 55731

Est. Refi. Payment $1,251/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2025 for $181,000

Home Value

Trulia Estimate
$187K
Since last month
Increased$700 (+0.4%)
Since last year
Increased$4K (+1.9%)
Since last sale
Increased$6K (+3.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +153% in the last 10 years
MonthEstimated value
2026
September 2026$187K
August 2026$186K
July 2026$186K
June 2026$189K
May 2026$187K
April 2026$193K
March 2026$193K
February 2026$190K
January 2026$191K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
954 E Camp St, Ely, MN
0.08
Single-Family Home
$150,000
09/17/26
4
2
1,450
416 E Camp St, Ely, MN
0.42
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
1151 E Camp St, Ely, MN
0.15
Single-Family Home
$221,000
02/19/26
3
3
1,975
246 N 5th Ave E, Ely, MN
0.34
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
1229 E Sheridan St, Ely, MN
0.20
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
1027 E Chapman St, Ely, MN
0.18
Single-Family Home
$180,500
10/15/25
4
2
1,496
1135 E Harvey St, Ely, MN
0.26
Single-Family Home
$112,000
05/11/26
2
1
1,250
1505 E Harvey St, Ely, MN
0.42
Single-Family Home
$265,000
08/27/26
3
2
2,128
313 E Chapman St, Ely, MN
0.52
Single-Family Home
$216,000
03/02/26
4
2.5
1,824

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1003 E Camp St, Ely, MN 55731
0.04
$229,400
2
2
1,936
Off Market
1020 E Camp St, Ely, MN 55731
0.07
$144,000
3
1
1,050
Off Market
1115 E Madison St, Ely, MN 55731
0.10
$299,100
4
2.5
1,821
Off Market
1111 E Camp St, Ely, MN 55731
0.10
$169,000
3
1
1,238
For Sale
1127 E Madison St, Ely, MN 55731
0.12
$214,300
3
2.5
1,354
Off Market
954 E Camp St, Ely, MN 55731
0.08
$150,000
4
2
1,450
Recently Sold
1145 E Camp St, Ely, MN 55731
0.14
$203,300
3
2
1,800
Off Market
1151 E Camp St, Ely, MN 55731
0.15
$221,000
3
3
1,975
Recently Sold
1203 E Camp St, Saint Ely, MN 55731
0.18
$170,000
2
1
-
Off Market
1211 E Camp St, Ely, MN 55731
0.19
$160,000
2
1
1,064
For Sale

Local Information

  • Map ViewExplore the area around 1004 Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
1,650 sqft
$113/sqft
Garage

About this House

Discover the best of Ely living with this amazing property—your dream home is just a call away. This charming 2-bedroom, 2-bath home is perfect for first-time homebuyers, small families, and outdoor enthusiasts eager to enjoy the natural beauty of the area. Spacious Corner Lot: Enjoy the privacy and space of a large corner lot with a beautifully fenced-in yard. Detached 2-Car heated garage, perfect for those chilly winters, this garage offers convenience and comfort. New electrical panel, updated 3/4 bathroom on the main level, luxurious spa-like bathroom on the upper level with a jetted jacuzzi tub and shower, new laminate flooring, cozy wood details in the cove ceiling of the living room, log wall accents in one of the upper bedrooms, and vaulted ceilings in both bedrooms. You'll love the functional kitchen design with lots of counter space, 1/2 wall in the kitchen doubles as a breakfast or serving bar and all opens up to a spacious dining room. Double sliding front door brings in an abundance of natural light. Close proximity to Shagawa and Miners' Lake give you easy access to Trezona trails and many other hiking, biking, and snowmobile trails. Raised flower/garden beds for those with a green thumb in the private back yard. So much to appreciate, come see!
1004 Madison St, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 1,650 sqft single-family home built in 1900. It last sold for $181,000 on May 15, 2025 (2% below the $185,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $186,500, with a rent estimate of $1,803/month.
Last check for updates: about 10 hours ago
Listed by Andrea Zupancich, (218) 749-0159
Z' Up North Realty
Bought with: Patricia Bulinski, (218) 349-5595, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6117899

Home Details for 1004 Madison St

Interior Features

Interior Details
Basement: Full,Unfinished,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 6Types of Rooms: Bedroom, Dining Room, Entry Hall, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1650 Square FeetFoundation Area: 600
Appliances & Utilities
Appliances: Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Forced Air,OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Windows, Doors, Floors & Walls
Window: Wood FramesDoor: Patio DoorFlooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Hardwood Floors
View
Has a ViewView: Panoramic, City Lights, Typical

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Partially WoodedFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Off Street,Concrete,Detached,Electrical Service,Heat
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1050 Square FeetFinished Area (below surface): 600 Square Feet

Days on Market

Cumulative Days on Market: 199

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030020002480

Price & Status

Price
List Price: $185,000
Status Change & Dates
Off Market Date: Tue Mar 04 2025

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6117899Attribution Contact: ***Above Grade Unfinished Area: 1050

Price and Tax history

DateEventPrice
May 15, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117899
Sold
$181,000
Mar 5, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117899
Pending
$185,000
Feb 9, 2025
Source: NorthstarMLS as distributed by MLS GRID #6588619
PendingToActive
$185,000
Jan 29, 2025
Source: NorthstarMLS as distributed by MLS GRID #6588619
Pending
$185,000
Jan 29, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115571
Contingent
$185,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-20 10:32:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1004 Madison St

  • What is 1004 Madison St estimated to be worth?
    Trulia's estimated value for 1004 Madison St in Ely, MN is $186,500.
  • What is the price history for 1004 Madison St?
    1004 Madison St in Ely, MN last sold for $181,000 in May 2025.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • How big is the lot at 1004 Madison St?
    The lot at 1004 Madison St in Ely, MN is about 0.16 acres (6,970 sq ft).
  • Does 1004 Madison St have a garage?
    Yes, 1004 Madison St in Ely, MN has a garage.

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