1249 E Madison St, Ely, MN 55731
Property image
Property image
SOLD
JUN 2, 2026

$221,700

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,940 sqft

1249 E Madison St, Ely, MN 55731

Est. Refi. Payment $1,476/mo*
Refinance Your Home
Currently Off Market - Sold Jun 2, 2026 for $220,000

Home Value

Trulia Estimate
$222K
Since last month
Increased$900 (+0.4%)
Since last year
Increased$400 (+0.2%)
Since last sale
Increased$2K (+0.8%)
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 +171% in the last 10 years
MonthEstimated value
2026
September 2026$222K
August 2026$221K
July 2026$221K
June 2026$221K
May 2026$220K
April 2026$215K
March 2026$211K
February 2026$202K
January 2026$197K
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
0.11
Single-Family Home
$221,000
02/19/26
3
3
1,975
1505 E Harvey St, Ely, MN
0.29
Single-Family Home
$265,000
08/27/26
3
2
2,128
1239 E Washington St, Ely, MN
0.06
Single-Family Home
$234,000
05/04/26
3
1
1,160
954 E Camp St, Ely, MN
0.29
Single-Family Home
$150,000
09/17/26
4
2
1,450
1419 E Chapman St, Ely, MN
0.22
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
124 S 14th Ave E, Ely, MN
0.32
Single-Family Home
$210,000
10/09/25
3
1
1,186
1027 E Chapman St, Ely, MN
0.28
Single-Family Home
$180,500
10/15/25
4
2
1,496
246 N 5th Ave E, Ely, MN
0.58
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
1229 E Sheridan St, Ely, MN
0.15
Single-Family Home
$154,900
05/08/26
2
1.5
1,012

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
1211 E Camp St, Ely, MN 55731
0.08
$139,900
2
1
1,064
For Sale
1203 E Camp St, Saint Ely, MN 55731
0.09
$167,600
2
1
-
Off Market
1239 E Washington St, Ely, MN 55731
0.06
$234,000
3
1
1,160
Recently Sold
1151 E Camp St, Ely, MN 55731
0.11
$221,000
3
3
1,975
Recently Sold
1145 E Camp St, Ely, MN 55731
0.12
$200,800
3
2
1,800
Off Market
1127 E Madison St, Ely, MN 55731
0.12
$216,600
3
2.5
1,354
Off Market
1229 E Sheridan St, Ely, MN 55731
0.15
$154,900
2
1.5
1,012
Recently Sold
1115 E Madison St, Ely, MN 55731
0.13
$299,100
4
2.5
1,821
Off Market
1111 E Camp St, Ely, MN 55731
0.15
$165,000
3
1
1,238
For Sale
1419 E Chapman St, Ely, MN 55731
0.22
$249,000
3
1.5
1,480
Recently Sold
1215 E Chapman St, Ely, MN 55731
0.22
$162,700
4
1
2,184
Off Market

Local Information

  • Map ViewExplore the area around 1249 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 1920
2,940 sqft
$75/sqft
Garage

About this House

This immaculate 3-bedroom, 2-bath home was completely renovated and features new flooring, paint, doors, windows, trim, propane heating system, plumbing, updated electrical and high efficiency washer and dryer. There is a full basement with workshop, shower and plenty of storage room. The home sits on a large corner lot with large pines, apple trees, a cherry tree, established vegetable garden and brand new cedar fence. Large 2-stall detached garage. Beautifully updated and meticulously maintained, this home is move-in ready. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Kate Davies
1249 E Madison St, Ely, MN 55731 is a 3 bedroom, 3 bathroom, 2,940 sqft single-family home built in 1920. It last sold for $220,000 on Jun 2, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $221,700, with a rent estimate of $1,799/month.

Home Details for 1249 E Madison St

Interior Features

Interior Details
BasementAdditional StorageStorageCeiling Fan
Heating & Cooling
Heating: RadiantAir ConditioningCooling System: CentralHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 1.7000000476837158Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Slab
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $75/sqft

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
Jun 2, 2026
Source: N/A
Sold
$220,000
Apr 21, 2014
Source: Lake Superior Area Realtors as distributed by MLS GRID #2087727
Sold
$124,000
Dec 12, 2013
Source: Agent Provided
ListingRemoved
$132,900
Nov 24, 2013
Source: Agent Provided
PriceChange
$132,900
Price decreased by 5%
Aug 25, 2013
Source: Agent Provided
Listed For Sale
$139,900

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
5MoM

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

Frequently asked questions about 1249 E Madison St

  • What is 1249 E Madison St estimated to be worth?
    Trulia's estimated value for 1249 E Madison St in Ely, MN is $221,700.
  • What is the price history for 1249 E Madison St?
    1249 E Madison St in Ely, MN last sold for $220,000 in June 2026.
  • 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 1249 E Madison St have air conditioning?
    Yes, 1249 E Madison St in Ely, MN has air conditioning.
  • How big is the lot at 1249 E Madison St?
    The lot at 1249 E Madison St in Ely, MN is about 0.18 acres (7,840 sq ft).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1249 E Madison St

Skip to last item
Skip to first item

Homes for sale near 1249 E Madison St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item