State St
Ely, IA 52227
(on 40.41 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Lot Size
40.41 acres
About this House
With a prime location just off State St. in the City of Ely, this property features a riding arena, horse stalls, and multiple small paddock pastures, making it an excellent setup for a horse boarding facility. A well-appointed 60’ x 102’ pole barn, constructed around 1990, includes three lean-tos. The main level of the barn features a spacious indoor riding arena, seven standard stalls, and one oversized 10’ x 12’ stall. The heated portion of this level offers eight additional stalls, a tack room with its own bathroom, and a convenient wash rack. Upstairs, recently renovated caretaker quarters provide two bedrooms, a kitchen/living area, and a full bath. Two open-front horse shelters are found in the fenced paddocks. Hoosier Creek passes through the property. West of the creek is a mature stand of timber with a mixture of walnut, oak, hackberry and elm trees.
State St, Ely, IA 52227 is a single-family home. It last sold for $465,000 on Mar 26, 2026 (4% below the $484,920 asking price). It is currently off market. The Trulia Estimate is $472,600, with a rent estimate of $1,565/month.
Home Details for State St
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Appliances & Utilities Utilities: Electricity Available, Natural Gas Available |
Gas & Electric Has Electric on Property |
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Exterior Home Features Other Structures: Barn(s) |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Property Type / Style Property Type: FarmProperty Subtype: Farm |
Property Information Parcel Number: 183032700300000, 183032700500000 |
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Price List Price: $484,920 |
Status Change & Dates Off Market Date: Mon Dec 29 2025Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: Ely |
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Association for this Listing: Cedar Rapids Area Association Of Realtors |
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Lot Area: 40.41 Acres |
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Mls Number: 2509671Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-183032700300000, 183032700500000-R-N |
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Days On Market Replication: 26 |
Last check for updates: about 9 hours ago
Listed by Troy Louwagie, (319) 721-4068
HERTZ REAL ESTATE SERVICE
Bought with: Troy Louwagie, (319) 721-4068, HERTZ REAL ESTATE SERVICE
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2509671

Price History for State St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/26/2026 | $465,000 | Sold | CRAAR, CDRMLS #2509671 |
| 12/29/2025 | $484,920 | Pending | CRAAR, CDRMLS #2509671 |
| 12/03/2025 | $484,920 | Listed For Sale | CRAAR, CDRMLS #2509671 |
Market trends in Ely
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
8
2MoM
Comparable Sales for State St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $465,000 | 03/03/26 | - | - | ||
0.42 | Single-Family Home | $291,000 | 06/22/26 | 3 | 2 | 1,806 | |
0.57 | Single-Family Home | $300,000 | 07/24/26 | 3 | 2 | 1,487 | |
0.73 | Single-Family Home | $393,000 | 07/31/26 | 5 | 3 | 2,488 | |
0.70 | Single-Family Home | $329,900 | 05/07/26 | 3 | 3 | 2,331 | |
0.67 | Single-Family Home | $240,000 | 04/06/26 | 3 | 2 | 1,697 | |
0.70 | Single-Family Home | $250,000 | 07/08/26 | 4 | 2 | 1,713 | |
0.77 | Single-Family Home | $310,000 | 09/30/25 | 4 | 2 | 1,969 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for State St.
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near State St
Off Market Homes Near State St
Frequently asked questions about State St
- What is State St estimated to be worth?Trulia's estimated value for State St in Ely, IA is $472,600.
- What is the price history for State St?State St in Ely, IA last sold for $465,000 in March 2026.
- Is Ely a buyer's or seller's market?Ely is currently a seller's market, based on recent for-sale activity.
- What do residents say about Ely?Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
- How big is the lot at State St?The lot at State St in Ely, IA is about 40.4 acres.
- Is there a virtual tour of State St?Yes, a virtual tour of State St in Ely, IA is available.

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.

