Tour
$1,899 Closing Credit¹
#6117659, Beth Ohlhauser, Listing Office: Bear Island Realty LLC
$187,000 List price
766 E Madison St Ely, MN 55731
$2,221
Closing credit¹
2 beds
1 full
800 sqft
0.3 acres
$234 / sqft
House
Property details
About 766 E Madison St
Charming 2 Bedroom, 1 bath, in town home, nestled on the edge of the woods. Both bedrooms have original wood floors, higher ceilings with ceiling fans, and one with built in cabinets and drawers. Natural light and nature views from the windows along two walls of the living room, open concept to the combined kitchen and dining room. Hardwood floors in the kitchen, dining and living room. Bathroom currently in the process of a facelift. The generous fenced in yard is home to pine trees, hydrangea, apple, lilacs, perennials, raspberries, and large garden space. The generous wrap around deck is perfect for relaxing, grilling, and entertaining. The 28' x 30' 2 stall garage with floating slab, features its own propane furnace, air conditioner, and electrical panel. Currently the garage used for a work space. A lovely home in the heart of Ely, close to trail and amenities.
Highlights
HeatingSteam, Forced Air, Propane, Oil
StatusActive
(ACTIVE)
(ACTIVE)
Size800 sqft
Lot size0.3 Acres
Year built1950
ParkingDetached
MLS #6118352
Garage2 spaces
Virtual tour
Summary
- MLS Number: 6118352
- 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: 4/11/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$187,000
766 E Madison St
$2,221
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $99,000 | $1,054 |
| 2021 | $83,700 | $1,056 |
| 2020 | $75,700 | $766 |
| 2019 | $45,420 | $664 |
| 2017 | $44,040 | $604 |
History based on county public records data.
Nearby schools
7
Washington Elementary School
Public District PK-5
0.4 mi
•600 E Harvey St
4
Babbit Elementary School
Public District PK-6
14.3 mi
•30 South Dr
2
Tower-Soudan Elementary School
Public District PK-6
20.6 mi
•415 2nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,750. Most Ely, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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 Skating
Extreme Sports
PGA/LPGA
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Lincoln
What do the neighbors listen to?
Oldies
Country
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 766 E Madison St
This home is located at 766 E Madison St in Ely, MN and zip code 55731. This 800 square foot home, which was built in 1950, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $187,000.
Over 0 listings were sold over their listed price in March 2025 in Ely, MN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Ely, MN increased by 3.8% between February and March 2025. The median list price of listings available in March 2025 was $145,000, while the average time on the real estate market was 68 days.
From Rocket Homes Real Estate and based on county public records data.