$290,000
SOLD MAY 30, 2025

1115 E Madison St Ely, MN 55731

4 Beds
2.5 Baths
1,821 Sq Ft
0.32 Acres

Recently Sold

$159 Per Sq Ft

3% Below List Price

298 Days on Market

Highlights

  • 0.32 Acre Lot
  • Traditional Architecture
  • No HOA
  • Memorial High School Rated 9+
  • Corner Lot
  • Lower Floor Utility Room

About This Home

As of May 2025

Spacious and sunny 4 Bedroom 2.5 Bath home situated on a beautifully wooded corner lot on a quiet in-town street. The lot is comprised of 4 south and west facing city lots, there is plenty of room for all of your outdoor fun. The main level is an open concept with generously sized living room, a free standing pellet stove, new carpeting, and tiled entry floor. The updated kitchen is functional and tastefully finished with darker wood cabinets, and stainless appliances. With patio doors leading to a large private deck surrounded by trees and established gardens, the dining area is a perfect extension of the kitchen. Also located on the main level is the laundry room with walls of windows that could be transformed into a 4 season sunroom. Finishing off the main level is a conveniently located half bath. Access the upstairs via dual staircases with classic banisters and new carpeting located on the west and east sides of the living room. The primary ensuite bedroom has a 8 x 8 walk in closet, and 3/4 bath while the additional three bedrooms share a full bath. All of the bedrooms feature new carpeting and there is new paint throughout. The entire house has large windows that capture the natural light and gorgeous features of the uniquely large yard. Open unfinished basement with taller ceilings and a dry electric sauna. Outside features include a charming 8 x 29 front porch, mature trees, perennials, and a 4-stall detached garage with 2 sets of double automatic doors and additional single manual door on the back side.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 07/03/2024

Last Buyer's Agent

Julian Rasmusson

Z' Up North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 4 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 1,821 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0200-01850

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Sheridan to 11th Avenue; turn North to Madison Street. Turn left and follow to address and sign.
  • L O1 Office Phone1 Number: 218-365-2800
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1821
  • Garage Type: Detached
  • Heat: Boiler, Hot Water, Propane, Pellet
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Bedroom
  • Room 11: Bathroom
  • Room 12: 3 Season Porch
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1920
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Upper
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Pellet
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Laundry Room
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1821
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Stucco

Garage/Parking

  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 24 x 36

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 100 x 140
  • Estimated Number of Acres: 0.32
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Landscaped, Tree Coverage - Medium, Level
  • Parcel Number: 030-0200-01850

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3247

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2014
Sold by
Collins John Keven and Collins Malgorsata
Bought by
Houle Julie D
Current Estimated Value
$289,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Outstanding Balance
$44,337
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$245,490

Purchase Details

Closed on
Apr 5, 2001
Sold by
Hutson Rhonda Jane
Bought by
Collins John Keven
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 Northeast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $290,000 -3.0% $159 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
07/03/2024 07/03/24 For Sale $299,000 -- $164 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,688 $218,300 $17,800 $200,500
2023 $3,688 $206,700 $17,200 $189,500
2022 $3,332 $192,500 $16,300 $176,200
2021 $3,078 $161,700 $14,800 $146,900
2020 $2,802 $144,900 $14,800 $130,100
2019 $2,702 $144,900 $14,800 $130,100
2018 $2,212 $142,900 $14,800 $128,100
2017 $2,262 $117,000 $15,200 $101,800
2016 $2,326 $112,600 $13,800 $98,800
2015 $1,477 $90,500 $11,900 $78,600
2014 $1,477 $90,500 $11,900 $78,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114714

APN: 030020001850