Description
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.
Property Highlights
Property Type: Land - Farm
Total Acres: 40.41 Acres
Utilities: Electricity Available, Natural Gas Available
General Information
County: Linn
Listed By:
HERTZ REAL ESTATE SERVICE
319-895-8858
Troy Louwagie
Cedar Rapids MLS
MLS ID: 2509671
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
State St., Ely, IA 52227.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $484,920 | $484,920 | $484,920 |
| Down Payment | $96,984 | $16,972 | $121,230 |
| Monthly Mortgage Amount | $2,295 | $2,855 | $2,972 |
| Taxes | $675 | $675 | $675 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $213 | $0 |
| Monthly Estimated Total | $3,111 | $3,884 | $3,788 |
About this area
Find homes for sale in Ely, Iowa and learn about the local community and real estate market.
With a growing population and a great location between two of Iowa’s biggest cities, Ely shows a lot of great promise. No matter your reason for moving, Ruhl&Ruhl Realtors has real estate options and homes for sale in Ely, IA. Continue browsing this page to see all houses for sale in Ely, IA. If you need to do a little more research before buying, check out the pages below for additional options.
Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776