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State St., Ely, IA 52227

MLS Number: 2509671   |   Subtype: Land/Lot/Farm   |   Area: OT-E (East of I-380)
$ 484,920
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

  • County: Linn
  • Lot Size: 40.41
  • Acres: 40.4100
  • Gross tax: $1,354.00

Utilities

Utilities: Electricity Available, Natural Gas Available
Sewer: City Sewer

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