1237 E  Madison St, Ely, MN 55731
Property image
Property image
OFF MARKET

1237 E Madison St
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 1,265 sqft (on 0.35 acres)

$188,800

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,189/mo*

$188,800

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,189/mo*
3 Beds
1 Bath
1,265 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 1237 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Lot Size
0.35 acres
Living Area
1,265 sqft
Price/Sqft
$149
Parking
Garage

About this House

White picket fence included! Unpack and enjoy this 3BR ELY home tucked in on 3 1/2 lots! Large yard, gardens, & incredible grapes & fruit trees! This home has been all redone! Hdwd flrs have all be refinished, newer windows & roof (w/ addtl insulation) Freshly painted interior, newer furnace & hot water heater, quaint, cozy and bright kitchen. Upper level boasts a large master suite with sitting area to die for! All knotty pine, built ins drawers & shelves, lots of space! Need to come see this one today! Brokered And Advertised By: Z' Up North Realty Listing Agent: Andrea Zupancich
1237 E Madison St, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,265 sqft single-family home built in 1940. It last sold for $105,000 on May 10, 2010. It is currently off market. The Trulia Estimate is $188,800, with a rent estimate of $1,717/month.

Home Details for 1237 E Madison St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.35 acres

Price History for 1237 E Madison St

DatePriceEventSource
10/17/2012$119,000ListingRemovedAgent Provided
10/11/2012$119,000Listed For SaleAgent Provided
05/10/2010$105,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1123205
02/09/2010$139,000ListingRemovedAgent Provided
01/23/2010$139,000Listed For SaleAgent Provided

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
96
16
MoM
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Property Tax and Assessment

Year2024
Tax$1,280
Assessment$127,400
Home facts updated by county records

Comparable Sales for 1237 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$234,000
05/04/26
3
1
1,160
0.29
Single-Family Home
$112,000
05/11/26
2
1
1,250
0.33
Single-Family Home
$210,000
10/09/25
3
1
1,186
0.15
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
0.27
Single-Family Home
$180,500
10/15/25
4
2
1,496
0.22
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
0.43
Single-Family Home
$120,000
12/12/25
2
1
2,166
0.51
Single-Family Home
$108,960
12/22/25
2
1
1,150
0.01
Single-Family Home
$220,000
06/02/26
3
3
2,940
0.10
Single-Family Home
$221,000
02/19/26
3
3
1,975

Nearby homes

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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."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1237 E Madison St

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Off Market Homes Near 1237 E Madison St

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Frequently asked questions about 1237 E Madison St

  • What is 1237 E Madison St estimated to be worth?
    Trulia's estimated value for 1237 E Madison St in Ely, MN is $188,800.
  • What is the price history for 1237 E Madison St?
    1237 E Madison St in Ely, MN last sold for $105,000 in May 2010.
  • 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.
  • Does 1237 E Madison St have air conditioning?
    Yes, 1237 E Madison St in Ely, MN has air conditioning.
  • How big is the lot at 1237 E Madison St?
    The lot at 1237 E Madison St in Ely, MN is about 0.35 acres (15,400 sq ft).