1127 Madison E, Ely, MN 55731
Property image
Property image
OFF MARKET

$215,000

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

1127 Madison E, Ely, MN 55731

Est. Refi. Payment $1,438/mo*
Refinance Your Home
Currently Off Market - Sold Jan 8, 2025 for $193,000

Home Value

Trulia Estimate
$215K
Since last month
Increased$3K (+1.2%)
Since last year
Increased$14K (+7.2%)
Since last sale
Increased$22K (+11.4%)
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 +11% in the last 10 years
MonthEstimated value
2026
September 2026$215K
August 2026$212K
July 2026$207K
June 2026$206K
May 2026$203K
April 2026$208K
March 2026$209K
February 2026$205K
January 2026$207K
2025

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
0.07
Single-Family Home
$221,000
02/19/26
3
3
1,975
0.18
Single-Family Home
$150,000
09/17/26
4
2
1,450
0.46
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
0.35
Single-Family Home
$265,000
08/27/26
3
2
2,128
0.22
Single-Family Home
$180,500
10/15/25
4
2
1,496
0.12
Single-Family Home
$234,000
05/04/26
3
1
1,160
0.36
Single-Family Home
$210,000
10/09/25
3
1
1,186
0.14
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
0.28
Single-Family Home
$249,000
07/29/26
3
1.5
1,480

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
0.02
$299,100
4
2.5
1,821
Off Market
0.07
$165,000
3
1
1,238
For Sale
0.07
$199,500
3
2
1,800
Off Market
0.07
$221,000
3
3
1,975
Recently Sold
0.09
$167,600
2
1
-
Off Market
0.10
$139,900
2
1
1,064
For Sale
0.12
$187,100
2
2
1,650
Off Market
0.14
$154,900
2
1.5
1,012
Recently Sold
0.14
$228,300
2
2
1,936
Off Market
0.14
$141,300
3
1
1,050
Off Market

Local Information

  • Map ViewExplore the area around 1127 Madison E.
  • 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
$159/sqft
Garage

About this House

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 Madison E, 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 $215,000, with a rent estimate of $1,828/month.
Last check for updates: about 10 hours ago
Listed by Julian Rasmusson
z' Up North Realty
Bought with: NON-MEMBER
Source: Range AOR, MLS#147538

Home Details for 1127 Madison E

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1354 Square Feet
Appliances & Utilities
Utilities: Water Connected, Sewer ConnectedAppliances: Electric Range, Refrigerator, Washer, Elec. Dryer, Electric Water HeaterRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Amps: 200
Levels, Entrance, & Accessibility
Levels: 1 3/4 Story, Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, Porch, EnclosedFencing: Partial
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: 2 Stalls,Detached,Garage Door Opener
Frontage
Waterfront: 0 - NoneNot on Waterfront
Finished Area
Finished Area (below surface): 782

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential
Building
Construction Materials: Vinyl Siding, Wood Frame
Property Information
Parcel Number: 030020001910

Price & Status

Price
List Price: $190,000

Active Status

MLS Status: Sold CO OP Non Member

Location

Direction & Address
City: Ely
School Information
Elementary School District: Ely-696Jr High / Middle School District: Ely-696High School District: Ely-696

Building

Building Area
Building Area: 2136 Square Feet

Lot Information

Lot Area: 6969.6 sqft

Miscellaneous

Mls Number: 147538

Price and Tax history

DateEventPrice
Jan 8, 2025
Source: Range AOR #147538
Sold
$193,000
Sep 30, 2024
Source: Range AOR #147538
Listed For Sale
$190,000

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
5
MoM

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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

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Frequently asked questions about 1127 Madison E

  • What is 1127 Madison E estimated to be worth?
    Trulia's estimated value for 1127 Madison E in Ely, MN is $215,000.
  • What is the price history for 1127 Madison E?
    1127 Madison E 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 Madison E?
    The lot at 1127 Madison E in Ely, MN is about 0.16 acres (6,970 sq ft).
  • Does 1127 Madison E have a garage?
    Yes, 1127 Madison E in Ely, MN has a garage.

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