$65,000
SOLD MAY 23, 2025

TBD Lots 2&3 Truman Ln Ely, MN 55731

11 Acres
$5,662 Price per Acre
500,069 Sq Ft Lot

Recently Sold

14% Above List Price

703 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Satellite Dish
  • Additional Land
  • Limited Views
  • Many Trees

About This Lot

As of May 2025

11.48 wooded acres just 3 miles from the center of Ely. Enjoy peaceful country living watching plenty of wildlife living in the dream home or seasonal home you build.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 05/24/2023

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 05/24/2023

Keller Williams Classic Realty NW - Ely

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Lot Details

  • 11.48 Acre Lot
  • Lot Dimensions are 580 x 960 x929 x 1120
  • Property fronts a private road
  • Cul-De-Sac
  • Elevated Lot
  • Level Lot
  • Unpaved Streets
  • Many Trees
  • Finished Lot(s)
  • Additional Land

Parking

  • No Driveway

Property Views

  • Limited Views

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: From the town of Ely - East on Highway 169 for three miles, turn right onto Truman LN. Sign is in the cul de sac.
  • InternetOptions: Cable, Satellite
  • L O1 Office Phone1 Number: 763-463-7500
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 5662.02
  • Road Maintenance: Association, Private
  • Property Sub-Type: Mixed Use
  • Tax Year: 2023
  • View Type:Pond View: Limited
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Unpaved, Private

Garage/Parking

  • Parking Driveway: None

Utilities

  • Available Utilities: Cable TV, Private Septic, Private Well
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-05-26
  • Estimated Lot Dimensions: 580 x 960 x929 x 1120
  • Estimated Number of Acres: 11.48
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Finished Lot
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Additional Land Available, Cul De Sac, Low Land, Tree Coverage - Heavy, Tree Coverage - Light, Tree Coverage - Medium, High, Level, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 996

Similar Property in Ely, MN

  • tbd Labrec Klein Trail, Ely, MN 55731

    $69,900

    • Land
    • 10 Acres
    • $6,990 per Acre
    • tbd Labrec Klein Trail
    • Ely, MN

    Back lot across the road from White Iron Lake off the Sunset Road. Septic sites approved and power already runs down the Sunset Road making electricity accessible. Private road association and covenants in place. Tree cover includes birch, aspen, maple, balsam and large pines scattered throughout. Owner Financing Available.

    Anna Yahnke Bear Island Realty LLC

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $65,000 0.0% --
04/26/2025 04/26/25 Pending -- -- --
05/07/2024 05/07/24 Price Changed $65,000 +14.0% --
05/24/2023 05/24/23 For Sale $57,000 -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108283