1240 State St, Ely, IA 52227
Property image
Property image
OFF MARKET

1240 State St
Ely, IA 52227

  • 2 Beds
  • 1.5 Baths
  • 1,418 sqft (on 0.51 acres)

$270,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,817/mo*

$270,700

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,817/mo*
2 Beds
1.5 Baths
1,418 sqft
(on 0.51 acres)

Home Value

Trulia Estimate
$271K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$7K (+2.5%)
Since last sale
Increased$93K (+52.5%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +72% in the last 10 years
MonthEstimated value
2026
August 2026$271K
July 2026$273K
June 2026$275K
May 2026$272K
April 2026$268K
March 2026$263K
February 2026$259K
January 2026$255K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.06
$349,100
4
3
2,280
Off Market
0.18
$343,900
3
4
1,414
Off Market
0.20
$287,900
3
2.5
1,585
Off Market
0.18
$267,500
3
3
1,182
Off Market
0.20
$375,500
4
3
2,929
Off Market
0.22
$335,900
4
3.5
2,670
Off Market
0.14
$329,900
3
2.5
2,274
Recently Sold
0.17
$311,700
3
3
2,024
Off Market
0.24
$537,000
5
4
2,747
Off Market
0.21
$333,600
3
3
1,328
Off Market
0.20
$339,700
3
3
1,994
Off Market
0.43
$274,300
3
2
1,215
Off Market

Local Information

  • Map ViewExplore the area around 1240 State St.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1985
Lot Size
0.51 acres
Living Area
1,418 sqft
Price/Sqft
$191
Parking
Garage

About this House

Very nice single story ranch on .5 acre lot. house has a nice open kitchen, living room area. Kitchen has a large island with built it stove/oven. Refinished hardwood floors with new carpet. Large master bedroom with walk-in closet. Has main floor laundry, washer & dryer included. New roof in 2017. Nice spacious lot, with easy access to bike trail. Open basement with canning/storm room. Has foam under concrete slab and in the foundation walls. Home has a whole house heat recovery unit. Very energy efficient house.
1240 State St, Ely, IA 52227 is a 2 bedroom, 2 bathroom, 1,418 sqft single-family home built in 1985. It last sold for $178,000 on Nov 8, 2018. It is currently off market. The Trulia Estimate is $270,700, with a rent estimate of $1,536/month.

Home Details for 1240 State St

Interior Features

Interior Details
BasementNumber of Rooms: 4Types of Rooms: Walk In Closet, Family Room, Laundry Room, Office
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Appliances & Utilities
DishwasherDisposalDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodFoundation Type: ConcreteLawn
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 0.51 acres

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Nov 8, 2018
Source: N/A
Sold
$178,000
Oct 11, 2018
Source: N/A
Pending
$185,000
Aug 18, 2018
Source: N/A
Listed For Sale
$185,000
Nov 7, 2017
Source: N/A
Sold
$160,000

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
9
1
MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say car is needed

  • 94 % Say streets are well-lit

  • 92 % Say it's dog friendly

  • 90 % Say kids play outside

  • 90 % Say people would walk alone at night

  • 88 % Say there's holiday spirit

  • 80 % Say there are community events

  • 75 % Say it's walkable to restaurants

  • 73 % Say it's quiet

  • 73 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 67 % Say they plan to stay for at least 5 years

  • 18 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Terra N.
    "I have lived here for 10 years and love it! People are very friendly and a great place to raise your kids!!!"
  • Robin N.
    "Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "

LGBTQ Local Legal Protections

Frequently asked questions about 1240 State St

  • What is 1240 State St estimated to be worth?
    Trulia's estimated value for 1240 State St in Ely, IA is $270,700.
  • What is the price history for 1240 State St?
    1240 State St in Ely, IA last sold for $178,000 in November 2018.
  • Is Ely a buyer's or seller's market?
    Ely is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
  • Does 1240 State St have air conditioning?
    Yes, 1240 State St in Ely, IA has air conditioning.
  • Does 1240 State St have laundry facilities?
    Yes, 1240 State St in Ely, IA has in-unit laundry.

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Off Market Homes Near 1240 State St

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Homes for sale near 1240 State St

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