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$185,000

Listing Price

2beds

2baths

1,050sqft

6,998sqft lot

1004 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

197.07

Price / sqft

1900

Year built

Home Details

Discover the best of Ely living with this amazing propertyyour dream home is just a call away. This charming 2-bedroom, 2-bath home is perfect for first-time homebuyers, small families, and outdoor enthusiasts eager to enjoy the natural beauty of the area. Spacious Corner Lot: Enjoy the privacy and space of a large corner lot with a beautifully fenced-in yard. Detached 2-Car heated garage, perfect for those chilly winters, this garage offers convenience and comfort. New electrical panel, updated 3/4 bathroom on the main level, luxurious spa-like bathroom on the upper level with a jetted jacuzzi tub and shower, new laminate flooring, cozy wood details in the cove ceiling of the living room, log wall accents in one of the upper bedrooms, and vaulted ceilings in both bedrooms. You'll love the functional kitchen design with lots of counter space, 1/2 wall in the kitchen doubles as a breakfast or serving bar and all opens up to a spacious dining room. Double sliding front door brings in an abundance of natural light. Close proximity to Shagawa and Miners' Lake give you easy access to Trezona trails and many other hiking, biking, and snowmobile trails. Raised flower/garden beds for those with a green thumb in the private back yard. So much to appreciate, come see!

Interior Details

Square Feet
  • 1050

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6998

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Metal

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$580

$5,280

$35,940

--%

$41,220

2019

$540

$5,280

$35,340

--%

$40,620

2018

$504

$4,680

$34,200

--%

$38,880

2017

$520

$4,260

$33,180

--%

$37,440

2016

$542

$4,700

$37,100

--%

$41,800

2014

$1,271

$7,900

$57,000

--%

$64,900

2013

$1,275

$7,900

$57,000

--%

$64,900

2011

$1,238

$7,800

$53,900

--%

$61,700

percent-home-icon

Average Home Price in 55731

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$145,932

3 Beds

1 Baths

1,008 Sqft

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Sold 07/07/2026

$225,298

2 Beds

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1,149 Sqft

9,131 Lot (sqft)

Sold 06/26/2026

$170,874

3 Beds

1.25 Baths

1,042 Sqft

9,208 Lot (sqft)

Sold 05/29/2026

$79,000

3 Beds

1 Baths

930 Sqft

18,640 Lot (sqft)

Sold 10/12/2026

$208,000

3 Beds

2 Baths

1,176 Sqft

9,352 Lot (sqft)

Sold 10/13/2026

$259,000

3 Beds

1 Baths

1,040 Sqft

9,367 Lot (sqft)

Sold 10/13/2026

$169,000

3 Beds

2 Baths

1,152 Sqft

4,668 Lot (sqft)

Sold 09/29/2026

$146,500

2 Beds

1 Baths

1,008 Sqft

9,510 Lot (sqft)

Sold 10/18/2026

$185,000

2 Beds

2 Baths

1,050 Sqft

6,998 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
185,000
$
Down payment
37,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,110
$
HOA (Monthly)
0
$
PMI
0
$
$1,198
Your Payment
Total Monthly Payment:$1,198
Percent of Income:21%
Affordable:Yes

Details for 1004 E MADISON ST

Property Debt

Foreclosure Contact Details