$465,000
SOLD MAR 26, 2026

0 State St Ely, IA 52227

-- Bed
-- Bath
-- Sq Ft
40.41 Acres Lot

Sale Details

Date Sold: March 26, 2026

4% Below List Price

26 Days on Market

Highlights

  • Barn
  • 40.41 Acre Lot
  • Farm
  • Prairie Ridge Elementary School Rated A-
  • Gentle Sloping Lot

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 12/03/2025

Last Buyer's Agent

Troy Louwagie

HERTZ REAL ESTATE SERVICE Listed on: 12/03/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,354

Lot Details

  • 40.41 Acre Lot
  • Gentle Sloping Lot

Farming

  • Barn
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 183032700300000, 183032700500000

Property Details

Property Type

Other

Est. Annual Taxes

$1,354

Lot Details

40.41 Acres

Listing Details

  • Property Type: Farm
  • Property Sub-Type: Farm
  • ResoLotFeatures: Gentle Sloping
  • Lot Size Acres: 40.41
  • Co List Office Phone: 319-895-8858
  • MLS Status: Closed
  • Directions: From Ely: At the intersection of Mabie Rd. and Ely Rd. SW, ½ mile south on Ely Rd. SW; Ely Rd. SW becomes State St. Continue on State St. ¼ mile south. The property is on the west side of State St.
  • Property Sub Type Additional: Farm
  • Special Features: VirtualTour
  • Property Sub Type: Other

Exterior Features

  • Other Structures: Barn(s)

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer

Lot Info

  • Lot Dimensions: 40.41
  • ResoLotSizeUnits: Acres
  • Parcel Number: 183032700300000, 183032700500000
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1354.0
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2026 03/26/26 Sold $465,000 -4.1% --
12/29/2025 12/29/25 Pending -- -- --
12/03/2025 12/03/25 For Sale $484,920 -3.0% --
07/18/2024 07/18/24 Sold $500,000 -9.1% -- View Prior Sale
05/18/2024 05/18/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $550,000 -- --
Source: Cedar Rapids Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2509671

Cedar Rapids Area Association of REALTORS®
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