Indian Point Rd, Tower, MN 55790
Property image
Property image
OFF MARKET

$910,000

Last sold price

    Indian Point Rd, Tower, MN 55790

    Currently Off Market - Sold Aug 30, 2024 for $910,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    Xx Pine Is NW, Tower, MN
    2.95
    Lot/Land
    $114,900
    02/27/26
    -
    -
    TBD Lake Vermilion North, Tower, MN
    3.45
    Lot/Land
    $115,000
    03/27/26
    -
    -
    6 Lake Ave S, Tower, MN
    5.46
    Lot/Land
    $43,000
    08/28/26
    -
    -

    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
    Indiant Point Rd, Tower, MN 55790
    0.11
    -
    -
    -
    -
    Off Market
    5313 N Pine Island, Tower, MN 55790
    0.79
    $161,000
    3
    0.5
    938
    Off Market
    5327 Pine Is N, Tower, MN 55790
    0.80
    $325,000
    2
    1
    823
    For Sale
    5250 Mud Creek Rd, Tower, MN 55790
    0.89
    $449,500
    2
    1
    825
    For Sale
    TBD Mud Creek Rd, Tower, MN 55790
    1.07
    -
    -
    -
    -
    Off Market
    5399 Pine Is N, Tower, MN 55790
    1.06
    $359,000
    2
    1
    1,107
    For Sale
    5312 Mud Creek Rd, Ely, MN 55731
    1.10
    $1,079,400
    3
    1.5
    2,500
    Off Market
    5312 Mud Creek Rd, Tower, MN 55790
    1.10
    $1,055,600
    3
    2
    2,500
    Off Market
    5250 Mud Creek Rd, Ely, MN 55731
    1.11
    $449,500
    2
    1
    825
    For Sale

    Local Information

    • Map ViewExplore the area around Indian Point Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    24 acres

    About this House

    24 acre lake lot on Minnesota's popular Lake Vermilion with road access included and over 3000' of prime shoreline. This exceptionally rare parcel features lots of privacy, some towering pine trees, a mixture of topography, bedrock exposure, lake views up to 5 miles across Big Bay, and breathtaking sunsets. Have your own private estate or explore subdivision opportunities. Located on the Eastern side of the lake and next to higher-end residential development, this property has lots of potential. The property can be accessed from Indian Pt Rd and is near the BWCA and Lake Vermilion State Park. Seller to assume responsibility for road association membership, power is available soon and the lot can be split.
    Indian Point Rd, Tower, MN 55790 is a lot/land. It last sold for $910,000 on Aug 30, 2024 (4% below the $950,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,145/month.
    Last check for updates: about 8 hours ago
    Listed by Julia Maki
    B.I.C. Realty
    Bought with: Vermilion Land Office Inc
    Source: Range AOR, MLS#146209

    Home Details for Indian Point Rd

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Water & Sewer
    Water Body: Vermilion
    Farm & Range
    Frontage Length: 3000
    Surface & Elevation
    Topography: Rolling

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Waterfront
    Property Information
    Parcel Number: 270002000340

    Price & Status

    Price
    List Price: $950,000
    Status Change & Dates
    Possession Timing: Closing

    Active Status

    MLS Status: Sold CO OP by Member

    Media

    Location

    Direction & Address
    City: Tower
    School Information
    Elementary School District: St.Louis CountyJr High / Middle School District: St.Louis CountyHigh School District: St.Louis County

    Lot Information

    Lot Area: 24 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 146209

    Price and Tax history

    DateEventPrice
    Aug 30, 2024
    Source: Range AOR #146209
    		Sold
    $910,000
    May 25, 2024
    Source: Range AOR #146209
    		ListingRemoved
    Jan 11, 2024
    Source: Range AOR #146209
    		Listed For Sale
    $950,000
    Jan 1, 2024
    Source: Range AOR #144941
    		ListingRemoved
    May 5, 2023
    Source: Range AOR #144941
    		Listed For Sale
    $950,000

    Market trends in Ely

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    98
    2    MoM

    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. "
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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
      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
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    Frequently asked questions about Indian Point Rd

    • What is the price history for Indian Point Rd?
      Indian Point Rd in Tower, MN last sold for $910,000 in August 2024.
    • Is Tower a buyer's or seller's market?
      Tower is currently a buyer's market, based on recent for-sale activity.
    • What do residents say about Tower?
      Residents describe Tower, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Tower, MN.
    • What are the closest schools to Indian Point Rd?
      The closest schools to Indian Point Rd in Tower, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).

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