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For sale
    • Price cut: $2K (8/7)
    $263,000

    1311 Main St, Ely, IA 52227

    4beds
    1,840sqft
    : 
    $1,861/mo
    Get pre-qualified
    Single Family Residence
    Built in 1958
    0.53 Acres Lot
    $261,000 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Hardwood floors throughoutSteel siding
    Rare opportunity: 4-bed, 2-bath home on 0.53-acre in-town lot. 1,840 sq ft (Built in 1958) offers great potential with room to expand or update. Updated mechanicals, steel siding, hard wood floors throughout, and great bones to build upon. Enjoy small-town amenities—parks, nature reserves, shops, creamery, boating and swimming on Lake McBride/Reservoir, fishing ponds, Cedar Valley Nature Trail, youth sports and much more make this location ideal—minutes from Cedar Rapids. Popular College Community School District. Perfect family residence in a quiet small-town setting.
    41 days
    |
    2,240
    |
    153
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Strand 319-270-3662,

    Black Horse Real Estate Company

    Source: CRAAR, CDRMLS,MLS#: 2604748MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Other
      • Level: First
      Appliances
      • Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
      Features
      • Eat-in Kitchen, Main Level Primary
      • Basement: Full,Concrete,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Electric, Family Room, Recreation Room
      Interior area
      • Total interior livable area: 1,840 sqft
      • Finished area above ground: 962
      • Finished area below ground: 878
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Detached, Garage
      • Garage spaces: 2
      • Has carport: Yes
      Features
      • Stories: 1
      Lot
      • Size: 0.53 Acres
      • Dimensions: 22,838
      • Features: Wooded
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: 183113600400000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Poured
      Condition
      • New construction: No
      • Year built: 1958
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $211,000
      • Annual tax amount: $2,998
      • Date on market: 7/2/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        $261,000

        $248,000 - $274,000

        $1,987/mo

        Price history

        DateEventPrice
        8/7/2026Price change$263,000-0.8%$143/sqft
        Source: CRAAR, CDRMLS #2604748 Report a problem
        7/21/2026Price change$265,000-3.5%$144/sqft
        Source: CRAAR, CDRMLS #2604748 Report a problem
        7/3/2026Listed for sale$274,500$149/sqft
        Source: CRAAR, CDRMLS #2604748 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,998 -1.3%$211,000 +4.4%
        2024$3,036 +1.7%$202,200
        2023$2,986 +1.8%$202,200 +23.7%
        2022$2,932 +4.1%$163,400
        2021$2,816 +3.5%$163,400
        2020$2,720 +2.1%--
        2019$2,663 +6.8%$150,100 +11.7%
        2018$2,494 +10%$134,400 +1.5%
        2017$2,268 -1.8%$132,400
        2016$2,310 +4.9%$132,400 +3.9%
        2015$2,202 +4.8%$127,400
        2014$2,102 +5.9%$127,400
        2013$1,984 +24.6%$127,400 +20.7%
        2012$1,592 $105,581
        2011-- $105,581
        2010$1,604 $105,581
        2008-- $105,581
        2007-- $105,581 +5%
        2005-- $100,553 +5%
        2004-- $95,765
        2003-- $95,765 +5%
        2002-- $91,205
        2001-- $91,205 +7%
        2000-- $85,238
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 52227

        Getting around

        33 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: College Comm
        • Middle: College Comm
        • High: College Comm

        Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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