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State St., Ely, IA 52227

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For Sale

$484,920

40.41 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 40.4 acres
    Lot size

Explore this Property

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.
MLS# 6334109

Courtesy Of Hertz Real Estate Services

(515) 382-1500

Property Features

  • Architecture Style
    Other
  • Lot Size
    40.41 Acres

Map and Directions

Directions to State St., Ely, IA 52227

Home seller CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

(515) 639-9787
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.