$299,000

1115 E Madison St Ely, MN 55731

$3,551
Closing credit¹
4 beds
1 full, 1 partial
1,821 sqft
0.3 acres
$164 / sqft
House

Property details

About 1115 E Madison St

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.

Highlights

HeatingSteam, Hot Water, Propane, Pellet Stove
StatusActive
(ACTIVE)
Size1,821 sqft
Lot size0.32 Acres
Year built1920
ParkingDetached
MLS #6114714
Garage4 spaces
FireplacePellet

Virtual tour

Summary

  • MLS Number: 6114714
  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/17/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property featuring a yard

$299,000

1115 E Madison St

$3,551

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 25, 2014
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2022$192,500$3,332

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

0.6 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

14.4 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

20.8 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,750. Most Ely, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

39%
<35k
53%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
15%
Single, with Kids
29%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1115 E Madison St

This home is located at 1115 E Madison St in Ely, MN and zip code 55731. This 1,821 square foot home, which was built in 1920, sits on a 0.32 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 3, 2024 and is currently priced at $299,000.

In February 2025 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. In February 2025 in Ely, MN there were 8.9% less homes for sale than in January. The median list price of listings available in February 2025 was $214,000, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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