1127 E Madison St, Ely, MN 55731
OFF MARKET

$213,900

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,354 sqft

1127 E Madison St, Ely, MN 55731

Est. Refi. Payment $1,395/mo*
Refinance Your Home
Currently Off Market - Sold Jan 8, 2025 for $193,000

Home Value

Trulia Estimate
$214K
Since last month
Decreased$1K (-0.7%)
Since last year
Increased$13K (+6.6%)
Since last sale
Increased$21K (+10.7%)
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 +170% in the last 10 years
MonthEstimated value
2026
November 2026$214K
October 2026$215K
September 2026$215K
August 2026$210K
July 2026$206K
June 2026$206K
May 2026$203K
April 2026$208K
March 2026$209K
February 2026$205K
January 2026$207K
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
1151 E Camp St, Ely, MN
0.07
Single-Family Home
$221,000
02/19/26
3
3
1,975
954 E Camp St, Ely, MN
0.18
Single-Family Home
$150,000
09/17/26
4
2
1,450
246 N 5th Ave E, Ely, MN
0.46
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
1505 E Harvey St, Ely, MN
0.35
Single-Family Home
$265,000
08/27/26
3
2
2,128
1239 E Washington St, Ely, MN
0.12
Single-Family Home
$234,000
05/04/26
3
1
1,160
840 E Chapman St, Ely, MN
0.32
Single-Family Home
$119,000
10/02/26
2
2.5
1,296
1229 E Sheridan St, Ely, MN
0.14
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
1419 E Chapman St, Ely, MN
0.28
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
638 E James St, Ely, MN
0.66
Single-Family Home
$230,000
05/01/26
3
1.5
1,350

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
1121 E Madison St, Ely, MN 55731
0.01
$330,200
5
2.5
2,350
Off Market
1135 E Madison St, Ely, MN 55731
0.01
$139,700
3
2
616
Off Market
1115 E Madison St, Ely, MN 55731
0.02
$303,400
4
2.5
1,821
Off Market
1143 E Madison St, Ely, MN 55731
0.02
$135,000
3
1
924
Off Market
1111 E MADISON ST, ELY , MN 55731
0.02
$184,500
4
2
1,024
Off Market
1159 E Madison St, Ely, MN 55731
0.03
$268,900
4
2
1,682
Off Market
1124 E Washington St, Ely, MN 55731
0.03
$163,500
2
2
702
Off Market
1134 E Madison St, Ely, MN 55731
0.03
-
Studio
-
-
Off Market
1130 E Washington St, Ely, MN 55731
0.03
-
4
2
880
Off Market
1122 E Madison St, Ely, MN 55731
0.04
$100,000
3
1
612
Off Market
1118 E Washington St, Ely, MN 55731
0.04
$166,100
3
1
1,126
Off Market
1140 E Madison St, Ely, MN 55731
0.04
$97,900
3
2
768
Off Market
1140 E Madison St, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
1140 E Madison St, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
1116 E Madison St, Ely, MN 55731
0.04
$119,200
4
2
1,536
Off Market
1146 E Washington St, Ely, MN 55731
0.04
$164,900
2
2
690
Off Market
1102 E Washington St, Ely, MN 55731
0.04
$106,700
5
1
814
Off Market
230 N 11th Ave E, Ely, MN 55731
0.04
-
Studio
-
-
Off Market
1061 E Madison St, Ely, MN 55731
0.05
$113,200
3
1
936
Off Market

Local Information

  • Map ViewExplore the area around 1127 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
1,354 sqft
$158/sqft
Garage

About this House

What's unique:Expansive back deckFresh coat of paintNew appliances
Updated 3 bed 2 bath home in Ely. Unwind and relax in your 3 season porch, or on those cool evenings, watch the stars on your expansive back deck and fully fenced in back yard. New appliances (Fridge and Range) and water heater in 2023. This house has a fresh coat of paint and in absolutely move in ready condition.
1127 E Madison St, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,354 sqft single-family home built in 1940. It last sold for $193,000 on Jan 8, 2025 (2% above the $190,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $213,900, with a rent estimate of $1,694/month.
Last check for updates: about 11 hours ago
Listed by Jodi Nyman, (218) 343-1654
Z' Up North Realty
Julian Rasmusson, (651) 270-8911
Z' Up North Realty
Bought with: Anna Yahnke, (218) 235-3547, Bear Island Realty LLC
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6116353

Home Details for 1127 E Madison St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 7Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room, Three Season Porch
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1354 Square FeetFoundation Area: 676
Heating & Cooling
Heating: PropaneHas HeatingHeating Fuel: Propane
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Windows, Doors, Floors & Walls
Window: Vinyl WindowsFlooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: Multi-LevelFloors: Hardwood Floors
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Deck, PorchFencing: PartialOther Structures: Storage ShedFoundation: 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
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1354 Square Feet

Days on Market

Cumulative Days on Market: 57

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030020001910

Price & Status

Price
List Price: $190,000
Status Change & Dates
Off Market Date: Tue Nov 26 2024Possession Timing: Immediate

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

Miscellaneous

BasementMls Number: 6116353Attribution Contact: ***Above Grade Unfinished Area: 1354

Price and Tax history

DateEventPrice
Jan 8, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116353
Sold
$193,000
Dec 2, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116353
Pending
$190,000
Nov 22, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116353
Contingent
$190,000
Sep 30, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116353
Listed For Sale
$190,000
Jan 16, 2024
Source: Range AOR #146112
Sold
$174,900

Market trends in Ely

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
100
3MoM
Sourced by Trulia Market Trends

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 2026-11-11 00:02:49 PST. 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 1127 E Madison St

  • What is 1127 E Madison St estimated to be worth?
    Trulia's estimated value for 1127 E Madison St in Ely, MN is $213,900.
  • What is the price history for 1127 E Madison St?
    1127 E Madison St in Ely, MN last sold for $193,000 in January 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 1127 E Madison St?
    The lot at 1127 E Madison St in Ely, MN is about 0.16 acres (6,970 sq ft).
  • Does 1127 E Madison St have a garage?
    Yes, 1127 E Madison St in Ely, MN has a garage.

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