State St
Ely, IA 52227
$465,000
Last Sold: Mar 26, 2026
4% below list $485K
$465,000
Last Sold: Mar 26, 2026
4% below list $485K
(on 40.41 acres)
Local Information
-- mins to
Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 01, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
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 5 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 May 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
6
4MoM
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 | |
0.70 | 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 | |
0.77 | Single-Family Home | $310,000 | 09/30/25 | 4 | 2 | 1,969 | |
0.90 | Single-Family Home | $397,675 | 10/15/25 | 4 | 3.5 | 2,823 | |
0.96 | Single-Family Home | $499,900 | 05/15/26 | 3 | 2 | 1,539 | |
0.98 | Single-Family Home | $499,900 | 12/10/25 | 5 | 3 | 2,355 |
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.
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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.
State St, Ely, IA 52227 is a single-family home. This property is not currently available for sale. State St was last sold on Mar 26, 2026 for $465,000 (4% lower than the asking price of $484,920). The current Trulia Estimate for State St is $468,500.

