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$299,000

Listing Price

4beds

3baths

1,536sqft

13,995sqft lot

1115 E Madison St, Ely, MN 55731

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

213.87

Price / sqft

1960

Year built

Home Details

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 addition

Interior Details

Square Feet
  • 1536

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Propane

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13995

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Stucco

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,802

$14,800

$130,100

--%

$144,900

2019

$2,702

$14,800

$128,100

--%

$142,900

2018

$2,212

$15,200

$101,800

--%

$117,000

2017

$2,262

$13,800

$98,800

--%

$112,600

2016

$2,326

$15,400

$110,300

--%

$125,700

2014

$1,476

$11,900

$78,600

--%

$90,500

2013

$1,481

$11,900

$78,600

--%

$90,500

2011

$1,499

$11,800

$77,900

--%

$89,700

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Average Home Price in 55731

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$262,032

3 Beds

1.5 Baths

1,600 Sqft

8,236 Lot (sqft)

Sold 07/22/2026

$299,000

4 Beds

3 Baths

1,536 Sqft

13,995 Lot (sqft)

Sold 09/29/2026

$255,000

3 Beds

3 Baths

1,451 Sqft

6,998 Lot (sqft)

Sold 09/29/2026

$150,000

4 Beds

1.75 Baths

1,476 Sqft

9,372 Lot (sqft)

Sold 10/13/2026

$160,000

3 Beds

2.25 Baths

1,412 Sqft

9,522 Lot (sqft)

Sold 10/18/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
299,000
$
Down payment
59,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,794
$
HOA (Monthly)
0
$
PMI
0
$
$1,935
Your Payment
Total Monthly Payment:$1,935
Percent of Income:33%
Affordable:No

Details for 1115 E MADISON ST

Property Debt

Foreclosure Contact Details

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