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

730 E Madison St
Ely, MN 55731

  • 5 Beds
  • 1,505 sqft (on 0.35 acres)
5 Beds
1,505 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 730 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Lot/Land
Year Built
1890
Lot Size
0.35 acres
Living Area
1,505 sqft

About this House

This lot/land is located at 730 E Madison St, Ely, MN. 730 E Madison St is in Ely, MN and in ZIP code 55731. This property has 5 bedrooms and approximately 1,505 sqft of floor space. This property has a lot size of 0.35 acres and was built in 1890.
730 E Madison St, Ely, MN 55731 is a 5 bedroom, 1,505 sqft lot/land built in 1890. It last sold for $22,500 on May 14, 2021. It is currently off market. The Trulia Estimate rent is $1,217/month.

Home Details for 730 E Madison St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Cooling System: Central

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Lot LandArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.35 acres

Price History for 730 E Madison St

DatePriceEventSource
05/14/2021$22,500Sold
Lake Superior Area Realtors as distributed by MLS GRID #6094213
04/16/2021$26,000PendingLake Superior Area Realtors as distributed by MLS GRID #6094213
02/02/2021$26,000PriceChange
Agent Provided
11/25/2020$27,000Listed 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
16MoM
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Property Tax and Assessment

Year2024
Tax$340
Assessment$18,200
Home facts updated by county records

Comparable Sales for 730 E Madison St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1322 N 18th Ave E, Ely, MN
1.08
Lot/Land
$40,000
01/21/26
-
-
1317 N Pioneer Rd, Ely, MN
0.72
Lot/Land
$270,000
06/05/26
-
-
2120 Sibley Dr, Ely, MN
1.18
Lot/Land
$39,000
07/29/26
-
-
2128 and 2136 Sibley Court, Ely, MN
1.24
Lot/Land
$38,900
10/23/25
-
-
2125 Sibley Court, Ely, MN
1.20
Lot/Land
$490,000
05/27/26
-
-
2365 Aisle Of Pines Rd, Ely, MN
2.56
Lot/Land
$75,000
01/21/26
-
1,319
1777 Grant McMahan Blvd, Ely, MN
1.77
Lot/Land
$318,000
12/29/25
-
-
XXX Highway 169, Ely, MN
2.55
Lot/Land
$75,000
01/09/26
-
-
TBD Lot 5 Truman LN, Ely, MN
2.67
Lot/Land
$52,900
12/05/25
-
-
TBD Lindbeck Rd, Ely, MN
2.75
Lot/Land
$105,000
06/15/26
-
-

Nearby homes

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Assigned Schools

These are the assigned schools for 730 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
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  • 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. "
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  • 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
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  • 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."
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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."
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Apartments for Rent

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Homes for sale near 730 E Madison St

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Off Market Homes Near 730 E Madison St

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Frequently asked questions about 730 E Madison St

  • What is the price history for 730 E Madison St?
    730 E Madison St in Ely, MN last sold for $22,500 in May 2021.
  • 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.
  • What are the closest schools to 730 E Madison St?
    The closest schools to 730 E Madison St in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).