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Single Family ResidenceResidential
$123,923$106 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $40,000 on Oct 31, 2019

1220 E MADISON ST

ELY, MN 55731
3
Beds
1.3
Baths
1,166 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$124K
$116K low$132K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$40,000 · Oct 31, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$598 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$100,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$10,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$90,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$93,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$100,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyST. LOUIS
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.SaunaPorch · 8 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Memorial Middle SchoolB+
Middle · Grades 6–8 · 0.7 mi
E
Washington Elementary SchoolB
Elementary · Grades PK–5 · 0.7 mi
H
Memorial High SchoolA
High · Grades 9–12 · 0.7 mi

District: Ely Public School District

Neighborhood · ZIP 55731These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.157
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.57%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.6,010
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,740
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,169
Average tempThe average temperature here across a full year.37°F
Annual precipHow much rain and melted snow falls here in a typical year.29 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1220 E Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Ely 55731
  • Costs less per square foot than 91% of homes in Ely 55731
  • Has a smaller lot than 81% of homes in Ely 55731
  • Older than 84% of homes in Ely 55731

What homes are worth in Ely 55731

Each bar is how many homes fall in that price range. The marker is this home.

This home
$75K$908K

This home is worth more than 14% of homes in Ely 55731.

How it measures up in Ely 55731

The dot is this home. The mark in the middle is the typical home in Ely 55731.

Estimated value$123,923
CheaperTypical $233,188Pricier

Pricier than 14% of homes nearby

Price per ft²$106
CheaperTypical $210Pricier

Pricier than 9% of homes nearby

Living area1,166 ft²
SmallerTypical 1,073 ft²Bigger

Bigger than 58% of homes nearby

Lot size0.16 ac
SmallerTypical 1.18 acBigger

Bigger than 19% of homes nearby

Year built1925
OlderTypical 1976Newer

Newer than 16% of homes nearby

How 1220 E Madison St ranks against every home in each area.
MeasureThis homeEly 55731St. Louis County
Estimated valuepricier than$123,92314% of homes18% of homes
Price per ft²pricier than$1069% of homes16% of homes
Living areabigger than1,166 ft²58% of homes48% of homes
Lot sizebigger than0.16 ac19% of homes29% of homes
Year builtnewer than192516% of homes27% of homes

About 1220 E Madison St

How much is 1220 E Madison St, Ely, MN worth?

The TopHap Estimate for 1220 E Madison St, Ely, MN is $123,923 as of Aug 30, 2026. The likely range is $116,119 to $131,727. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1220 E Madison St, Ely, MN last sell?

1220 E Madison St, Ely, MN last sold on Oct 31, 2019 for $40,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1220 E Madison St, Ely, MN?

1220 E Madison St, Ely, MN has 3 bedrooms, 1.3 bathrooms, 1,166 square feet of living space and a 0.16-acre lot.

When was 1220 E Madison St, Ely, MN built?

1220 E Madison St, Ely, MN was built in 1925, making it 101 years old. The building has 1 story.

What schools serve 1220 E Madison St, Ely, MN?

1220 E Madison St, Ely, MN is assigned to Memorial Middle School (middle), rated B+; Washington Elementary School (elementary), rated B; Memorial High School (high), rated A. All sit in Ely Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1220 E Madison St, Ely, MN compare to other homes in Ely 55731?

Among the 5,982 homes in Ely 55731, it is worth more than 14% of them ($123,923 against a typical $233,188), its price per square foot is higher than 9% of them ($106 against a typical $210), it is bigger than 58% of them (1,166 ft² against a typical 1,073 ft²), its lot is bigger than 19% of them (0.16 ac against a typical 1.18 ac) and it is newer than 16% of them (1925 against a typical 1976). Measured against all of St. Louis County, it is worth more than 18% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1220 E Madison St, Ely, MN?

The 2026 property tax bill for 1220 E Madison St, Ely, MN was $598. The county assessed it at $100,700.

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