SOLD MAR 26, 2026

Off market mar 2026 for $465K

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sq ft

State St, Ely, IA 52227

About this home

With a prime location just off State St. in the City of Ely, this property features a riding arena, horse stalls, and multiple small paddock pastures, making it an excellent setup for a horse boarding facility. A well-appointed 60’ x 102’ pole barn, constructed around 1990, includes three lean-tos. The main level of the barn features a spacious indoor riding arena, seven standard stalls, and one oversized 10’ x 12’ stall. The heated portion of this level offers eight additional stalls, a tack room with its own bathroom, and a convenient wash rack. Upstairs, recently renovated caretaker quarters provide two bedrooms, a kitchen/living area, and a full bath. Two open-front horse shelters are found in the fenced paddocks. Hoosier Creek passes through the property. West of the creek is a mature stand of timber with a mixture of walnut, oak, hackberry and elm trees.

RanchProperty Type

40.41 acresLot Size

Listed by Troy Louwagie • HERTZ REAL ESTATE SERVICE

Bought with Troy Louwagie • HERTZ REAL ESTATE SERVICE

Redfin checked: a minute ago

•Source:CRAAR, CDRMLS #2509671

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 52227, IA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.2% MoM

Median sale price

$393K

$170 MoM

Avg. days on market

15d

7 days MoM

Recently sold homes

12 MoM

New listings for sale

$1,924,000
— beds— baths— sq ft
Dolezal Rd, Ely, IA 52227
See all

Provided by Redfin

Sale history for State St

Date

Event

Price

CRAAR, CDRMLS #2509671

Mar 26, 2026

Sold

$465,000

Dec 29, 2025

Pending

—

Dec 3, 2025

Listed

$484,920

IAR #6334109

Mar 3, 2026

Sold

$465,000

Jan 28, 2026

Pending

—

Dec 3, 2025

Listed

$484,920

+11

40.41 acres, m/l, located on the west edge of Ely, Iowa on the west side of State St. This property features a riding arena, horse stalls, and multiple small paddock pastures, making it an excellent setup for a horse boarding facility. A well-appointed 60’ x 102’ pole barn, constructed around 1990, includes three lean-tos. The main level of the barn features a spacious indoor riding arena, seven standard stalls, and one oversized 10’ x 12’ stall. The heated portion of this level offers eight additional stalls, a tack room with its own bathroom, and a convenient wash rack. Upstairs, recently renovated caretaker quarters provide two bedrooms, a kitchen/living area, and a full bath. Two open-front horse shelters are found in the fenced paddocks. Hoosier Creek passes through the property. West of the creek is a mature stand of timber with a mixture of walnut, oak, hackberry and elm trees. This property is currently zoned R-1. We are in the process of rezoning the property to A-1, allowing it to continue to be used as a horse boarding facility.

CRAAR, CDRMLS #2403414

Jul 18, 2024

Sold

$500,000

Jun 7, 2024

Pending

—

May 16, 2024

Listed

$550,000

Tax history for State St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

0.32 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Linn County

APN

18311-51003-00000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Jul 15, 2026.

Property details

Interior

Virtual Tour

Exterior

Property Features
Other Structures: Barn(s)

Property Information
Property Type: Farm
Property Sub Type: Farm
Raw Mls Property Sub Type: Farm

Lot Information
Lot Features: Sloped, Gentle Sloping
Lot Size : 40.41
Lot Size Dimensions: 40.41
Lot Size Area: 40.41
Lot Size Units: Acres
Lot Size Acres: 40.41
Zoning Description: R-1

Financial

Tax Information
Tax Annual Amount: $1,354

Utilities

Utility Information
Utilities: Electricity Available, Natural Gas Available
Sewer: Public Sewer

Location

Location Information
Directions: From Ely: At the intersection of Mabie Rd. and Ely Rd. SW, ½ mile south on Ely Rd. SW; Ely Rd. SW becomes State St. Continue on State St. ¼ mile south. The property is on the west side of State St.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.32 acres
Style: Other
Year Built: —
Year Renovated: —
County: Linn County
APN: 18311-51003-00000

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors

Around this home

Schools

Prairie Creek Intermediate School

Public 5-6 • Assigned • 4.1mi

4/10

Prairie Point Middle School

Public 7-9 • Assigned • 4.2mi

5/10

Prairie High School

Public 9-12 • Assigned • 4.5mi

6/10

Prairie View Elementary School

Public PreK-4 • Assigned • 4.7mi

9/10

Prairie Ridge Elementary School

Public PreK-4 • Assigned • 4.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Ely, IA • 52227

Average low and high temperatures (°F)

Jan

Feb

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May

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Jul

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Nov

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Ely. 3 minutes to get started.

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New listings for sale in 52227

$1,924,000

— beds— baths— sq ft

Dolezal Rd, Ely, IA 52227

Home values near State St

Data from public records.

Address	Redfin Estimate
1220 State Street, Ely, IA 4 Beds \| 2.5 Baths \| 2593 Sq. Ft.	$347,666
1200 State Street, Ely, IA 3 Beds \| 2.5 Baths \| 2605 Sq. Ft.	$409,782

Address	Redfin Estimate
1230 State Street, Ely, IA 4 Beds \| 1.5 Baths \| 1300 Sq. Ft.	$283,659
1190 State Street, Ely, IA 3 Beds \| 2.5 Baths \| 2136 Sq. Ft.	$345,474

Address	Redfin Estimate
1240 State Street, Ely, IA 2 Beds \| 1.5 Baths \| 1418 Sq. Ft.	$267,941
1210 State Street, Ely, IA 5 Beds \| 3 Baths \| 2292 Sq. Ft.	$335,162

Property information provided by CRAAR, CDRMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 52227, IA

Sale history for State St

Tax history for State St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 52227

Home values near State St

More real estate resources