State St., Ely, IA 52227

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State St.,Ely, IA 52227
$484,920
  • - Beds
  • - Baths
  • - sq. ft.
  • Farm
  • Pending
Listed by: troy louwagie
Office: hertz real estate service
MLS#:2509671
Source:IA_CRAAR

Price summary

  • Price:$484,920

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.

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Home facts

  • Listing ID #:2509671
  • Added:70 day(s) ago
  • Updated:February 11, 2026 at 08:12 AM

Structure and exterior

  • Lot area:40.41 Acres

Finances and disclosures

  • Price:$484,920
  • Tax amount:$1,354