State St, Ely, IA 52227
Property image
Property image
SOLD
MAR 26, 2026

$469,600

Trulia Estimate

    State St, Ely, IA 52227

    Est. Refi. Payment $3,248/mo*
    Refinance Your Home
    Currently Off Market - Sold Mar 26, 2026 for $465,000 (4% below list price)

    Home Value

    Trulia Estimate
    $470K
    Since last month
    Decreased$600 (-0.1%)
    Since last year
    Increased$4K (+0.9%)
    Since last sale
    Increased$4K (+0.9%)
    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 +1% in the last 10 years
    MonthEstimated value
    2026
    September 2026$469K
    August 2026$470K
    July 2026$473K
    June 2026$470K
    May 2026$468K
    April 2026$465K
    March 2026$466K
    February 2026$457K
    January 2026$457K
    2025

    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
    0.15
    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
    0.67
    Single-Family Home
    $337,000
    08/20/26
    4
    3
    2,252
    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 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
    0.29
    $171,700
    2
    2.5
    1,040
    Off Market
    0.29
    $180,000
    2
    3
    1,466
    Recently Sold
    0.30
    $365,000
    4
    3
    2,172
    For Sale
    0.30
    $210,700
    2
    2.5
    1,236
    Off Market
    0.33
    $177,000
    2
    1.5
    1,305
    Recently Sold
    0.35
    $183,100
    2
    1.5
    1,410
    Off Market
    0.36
    $188,300
    3
    2.5
    1,405
    Off Market
    0.42
    $291,000
    3
    2
    1,806
    Recently Sold
    0.45
    $360,400
    4
    3
    2,007
    Off Market
    0.51
    $183,800
    3
    1
    1,740
    Off Market

    Local Information

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

    Home Highlights

    Single-Family Home
    40.41 acre lot

    About this House

    What's unique:Riding arenaSeven standard stallsTwo bedroomsFenced paddocksRecently renovated caretaker quartersSpacious indoor riding arena
    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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $469,600, with a rent estimate of $1,761/month.
    Last check for updates: about 10 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

    Home Details for State St

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Natural Gas Available
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Exterior Home Features
    Other Structures: Barn(s)
    Frontage
    Not on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Property Information

    Property Type / Style
    Property Type: FarmProperty Subtype: Farm
    Property Information
    Parcel Number: 183032700300000, 183032700500000

    Price & Status

    Price
    List Price: $484,920
    Status Change & Dates
    Off Market Date: Mon Dec 29 2025Possession Timing: Negotiable

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Ely

    HOA

    Association for this Listing: Cedar Rapids Area Association Of Realtors

    Lot Information

    Lot Area: 40.41 Acres

    Miscellaneous

    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

    Additional Information

    Days On Market Replication: 26

    Price and Tax history

    DateEventPrice
    Mar 26, 2026
    Source: CRAAR, CDRMLS #2509671
    Sold
    $465,000
    Dec 29, 2025
    Source: CRAAR, CDRMLS #2509671
    Pending
    $484,920
    Dec 3, 2025
    Source: CRAAR, CDRMLS #2509671
    Listed For Sale
    $484,920

    Market trends in Ely

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    8
    1
    MoM

    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

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    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 $469,600.
    • 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.

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