1311 Main St, Ely, IA 52227
Property image
Property image
FOR SALE
3D VIEW
0.53 ACRES

1311 Main St
Ely, IA 52227

  • 4 Beds
  • 2 Baths
  • 1,840 sqft (on 0.53 acres)

$263,000

Original price: $265,000

$263,000

Original price: $265,000
4 Beds
2 Baths
1,840 sqft
(on 0.53 acres)
We estimate this home will sell faster than 84% nearby.

Home Highlights

Parking
Garage
Price/Sqft
$143
Listed
46 days ago

Local Information

  • Map ViewExplore the area around 1311 Main St.
  • Schools5 Preschool Schools6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Rare opportunity: 4-bed, 2-bath home on 0.53-acre in-town lot. 1,840 sq ft (Built in 1958) offers great potential with room to expand or update. Updated mechanicals, steel siding, hard wood floors throughout, and great bones to build upon. Enjoy small-town amenities—parks, nature reserves, shops, creamery, boating and swimming on Lake McBride/Reservoir, fishing ponds, Cedar Valley Nature Trail, youth sports and much more make this location ideal—minutes from Cedar Rapids. Popular College Community School District. Perfect family residence in a quiet small-town setting.
We estimate this home will sell faster than 84% nearby.

Home Details for 1311 Main St

Interior Features

Interior Details
Basement: Full,Concrete,Walk-Out AccessNumber of Rooms: 1
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1840 Square Feet
Appliances & Utilities
Appliances: Dryer, Electric Water Heater, Range, Refrigerator, WasherDryerRefrigeratorWasher
Fireplace & Spa
Fireplace: Electric, Family Room, Recreation RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Other Structures: Outbuilding, Shed(s)Foundation: Poured
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Carport,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 962 Square FeetFinished Area (below surface): 878 Square Feet

Days on Market

Days on Market: 46

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: FrameNot a New ConstructionIncludes Home Warranty
Property Information
Parcel Number: 183113600400000

Price & Status

Price
List Price: $263,000Price Per Sqft: $143
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Ely
School Information
Elementary School: College CommJr High / Middle School: College CommHigh School: College Comm

Agent Information

Listing Agent
Listing ID: 2604748

HOA

Association for this Listing: Cedar Rapids Area Association Of Realtors

Lot Information

Lot Area: 0.53 acres

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

BasementMls Number: 2604748Living Area Range Units: Square FeetAbove Grade Unfinished Area: 962Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-183113600400000-R-N

Additional Information

Days On Market Replication: 46
Last check for updates: about 6 hours ago
Listing courtesy of Matt Strand, (319) 270-3662
Black Horse Real Estate Company
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2604748
Also Listed on CRAAR, CDRMLS.

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

Price and Tax history

DateEventPrice
Aug 7, 2026
Source: CRAAR, CDRMLS #2604748
PriceChange
$263,000
Price decreased by 1%
Jul 21, 2026
Source: CRAAR, CDRMLS #2604748
PriceChange
$265,000
Price decreased by 3%
Jul 3, 2026
Source: CRAAR, CDRMLS #2604748
Listed For Sale
$274,500

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Home Value

Trulia Estimate
$261K
Since last month
Decreased$700 (-0.3%)
Since last year
Increased$35K (+15.2%)
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 +91% in the last 10 years
MonthEstimated value
2026
August 2026$261K
July 2026$262K
June 2026$231K
May 2026$226K
April 2026$222K
March 2026$213K
February 2026$210K
January 2026$215K
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
0.11
Single-Family Home
$397,675
10/15/25
4
3.5
2,823
0.25
Single-Family Home
$322,477
02/20/26
3
2.5
2,054
0.40
Single-Family Home
$310,000
09/30/25
4
2
1,969
0.38
Single-Family Home
$250,000
07/08/26
4
2
1,713
0.15
Single-Family Home
$329,900
05/29/26
3
2.5
2,274
0.19
Single-Family Home
$299,000
11/12/25
3
2.5
1,985
0.28
Single-Family Home
$293,000
11/20/25
3
2.5
1,954
0.44
Single-Family Home
$291,000
06/22/26
3
2
1,806
0.38
Single-Family Home
$300,000
07/24/26
3
2
1,487
0.30
Single-Family Home
$330,000
05/26/26
5
3
2,320

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
0.10
$252,800
3
1
1,530
Off Market
0.14
-
Studio
-
2,346
Off Market
0.16
$236,800
Studio
-
2,474
Off Market
0.16
$604,500
3
2
2,018
Recently Sold
0.11
$412,800
4
3.5
2,823
Off Market
0.16
$264,100
4
2
1,688
Off Market
0.17
$720,000
3
2
2,355
For Sale
0.17
$338,000
2
2
1,079
For Sale
0.17
$338,000
2
2
1,079
For Sale
0.17
$338,000
2
2
1,079
For Sale
0.17
$338,000
2
2
1,079
For Sale

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 1311 Main St

  • What is the estimated monthly payment for 1311 Main St?
    Based on a $263,000 list price with 20% down at today's rates, the estimated monthly payment for 1311 Main St in Ely, IA is approximately $1,794 (about $1,381 principal & interest, $338 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Ely?
    Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See homes for sale in Ely, IA.
  • What are the closest schools to 1311 Main St?
    The closest schools to 1311 Main St in Ely, IA are Prairie Creek Intermediate School (Elementary, rated 4/10), Prairie Crest Elementary School (Pre-K, rated 5/10), Prairie Heights Elementary School (Pre-K, rated 7/10).
  • What is 1311 Main St estimated to be worth?
    Trulia's estimated value for 1311 Main St in Ely, IA is $261,100.
  • Does 1311 Main St have laundry facilities?
    Yes, 1311 Main St in Ely, IA has in-unit laundry.
  • How big is the lot at 1311 Main St?
    The lot at 1311 Main St in Ely, IA is about 0.53 acres (23,087 sq ft).
Matt Strand, Black Horse Real Estate Company
Agent Phone: (319) 270-3662
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
1311 Main St, Ely, IA 52227 is a 4 bedroom, 2 bathroom, 1,840 sqft single-family home built in 1958. This property is currently available for sale and was listed by CRAAR, CDRMLS on Jul 3, 2026. The MLS # for this home is MLS# 2604748.