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

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

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

    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

    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
    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

    DatePriceEventSource
    03/26/2026$465,000Sold
    CRAAR, CDRMLS #2509671
    12/29/2025$484,920PendingCRAAR, CDRMLS #2509671
    12/03/2025$484,920Listed For SaleCRAAR, CDRMLS #2509671

    Market trends in Ely

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    6
    4
    MoM
    Skip to last item
    • Results are loading
    Skip to first item

    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.
    Skip to last item
    Skip to first item

    Assigned Schools

    These are the assigned schools for State St.
    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.
    • 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

    Apartments for Rent

    Homes for sale near State St

    Skip to last item
    Skip to first item

    Off Market Homes Near State St

    Skip to last item
    Skip to first item
    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.