1244 E Madison St, Ely, MN 55731
Property image
Property image
OFF MARKET

1244 E Madison St
Ely, MN 55731

  • 1 Bed
  • 2 Baths
  • 772 sqft

$105,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $699/mo*
Refinance Your Home

$105,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $699/mo*
Refinance Your Home
1 Bed
2 Baths
772 sqft

Local Information

  • Map ViewExplore the area around 1244 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
1935
Living Area
772 sqft
Price/Sqft
$137
Parking
Garage

About this House

Very nice quiet residential location, 1 bedroom (could be two bedroom with the installation of egress window in lower level extra room). Home features a large walk-in closet off the main floor bedroom, comfortable living room with lovely archways adjacent to the dining room. Sunlit kitchen with an abundance of birch cabinetry and large counterspace complete the kitchen area. Extra large bathroom with large Jacuzzi tub and separate shower. Three season porch offers another area for enjoyment in the off season as well as a protected area for home entry. Basement has a second shower and 1/2 bath, workroom and laundry area. Single stall garage, and large completely fenced in backyard. Brokered And Advertised By: Wildwoods Land Company Listing Agent: Don Stocks
1244 E Madison St, Ely, MN 55731 is a 1 bedroom, 2 bathroom, 772 sqft single-family home built in 1935. It last sold for $80,000 on Mar 23, 2023. It is currently off market. The Trulia Estimate is $105,800, with a rent estimate of $1,218/month.

Home Details for 1244 E Madison St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

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

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price History for 1244 E Madison St

DatePriceEventSource
03/23/2023$80,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6106918
02/15/2023$80,000Listed For SaleRange AOR #144661
09/19/2016$48,500Sold
N/A
05/07/2015$45,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #2230039
09/06/2014$52,000Listed For SaleAgent Provided
10/17/2012$69,900ListingRemovedAgent Provided
10/11/2012$69,900Listed 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
16MoM
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Property Tax and Assessment

Year2024
Tax$580
Assessment$83,800
Home facts updated by county records

Comparable Sales for 1244 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1229 E Sheridan St, Ely, MN
0.11
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
1135 E Harvey St, Ely, MN
0.26
Single-Family Home
$112,000
05/11/26
2
1
1,250
1127 E Chapman St, Ely, MN
0.21
Single-Family Home
$190,000
08/29/25
2
1.5
1,138
1249 E Madison St, Ely, MN
0.04
Single-Family Home
$220,000
06/02/26
3
3
2,940
1250 E Madison St, Ely, MN
0.01
Single-Family Home
$143,000
11/19/25
2
2
800
1151 E Camp St, Ely, MN
0.08
Single-Family Home
$221,000
02/19/26
3
3
1,975
1239 E Washington St, Ely, MN
0.10
Single-Family Home
$234,000
05/04/26
3
1
1,160
845 E White St, Ely, MN
0.48
Single-Family Home
$108,960
12/22/25
2
1
1,150
124 S 14th Ave E, Ely, MN
0.29
Single-Family Home
$210,000
10/09/25
3
1
1,186
246 N 5th Ave E, Ely, MN
0.56
Single-Family Home
$165,500
05/01/26
3
1.5
1,346

Nearby homes

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Assigned Schools

These are the assigned schools for 1244 E Madison St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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  • 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
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  • 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
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Apartments for Rent

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Homes for sale near 1244 E Madison St

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Off Market Homes Near 1244 E Madison St

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Frequently asked questions about 1244 E Madison St

  • What is 1244 E Madison St estimated to be worth?
    Trulia's estimated value for 1244 E Madison St in Ely, MN is $105,800.
  • What is the price history for 1244 E Madison St?
    1244 E Madison St in Ely, MN last sold for $80,000 in March 2023.
  • 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 1244 E Madison St have air conditioning?
    Yes, 1244 E Madison St in Ely, MN has air conditioning.
  • Does 1244 E Madison St have laundry facilities?
    Yes, 1244 E Madison St in Ely, MN has in-unit laundry.