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Sold
  • $840,317

    2037 Ivanhoe Rd, Ely, IA 52227

    3beds
    1,680sqft
    Farm
    Built in 1920
    54.99 Acres Lot
    $845,000 Zestimate®
    $500/sqft
    $1,724 Estimated rent

    Home value

    $845,000

    $803,000 - $887,000

    $1,724/mo

    Zestimate® history
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    What's special

    Two-story homeFull walk-up atticCorn cribWell-maintained barnThree bedroomsSmall utility shed
    54.99 acres, m/l, located southeast of Cedar Rapids, Iowa on the north side of Ivanhoe Rd. This gently rolling farm has 43.02 FSA/Eff. crop acres with a CSR2 of 56.30. This property features a two-story home built circa 1920, offering 1,680 finished square feet of living space. The main level features a dining room with pocket doors, a living room, kitchen, and porch. The kitchen was remodeled in 2005. The second level includes three bedrooms and a full bathroom, along with access to a full walk-up attic. Outbuildings include a well-maintained barn, corn crib and small utility shed offering a variety of agricultural and storage uses. This beautiful setting is located southeast of Cedar Rapids on Ivanhoe Road, a hard-surfaced road. This would make an attractive building site with a mixture of rolling cropland and mature timber. Seller has an additional tract of land for sale located south of this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Hensley 309-338-7174,

    Hertz Real Estate Services

    Bought with:

    Doug Hensley, ***

    Hertz Real Estate Services

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6337516MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    • Common walls with other units/homes: 1
    Interior area
    • Total interior livable area: 1,680 sqft

    Property

    Accessibility
    • Accessibility features: None
    Lot
    • Size: 54.99 Acres
    Details
    • Foundation area: 1680
    • Parcel number: 181747600100000
    • Zoning: Agriculture

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1920

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $252,500
    • Annual tax amount: $3,847
    • Date on market: 4/22/2026
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    6/18/2026Sold$840,317-6.5%$500/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6337516 Report a problem
    4/27/2026Pending sale$899,087$535/sqft
    Source: CRAAR, CDRMLS #2602736 Report a problem
    4/22/2026Price change$899,087+0%$535/sqft
    Source: CRAAR, CDRMLS #2602736 Report a problem
    4/22/2026Listed for sale$899,086$535/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6337516 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,480 +0.8%$252,500 +9.8%
    2024$3,454 +1.3%$230,000 -0.3%
    2023$3,408 +4.2%$230,700 +22.8%
    2022$3,272 +12%$187,800
    2021$2,922 +0.6%$187,800 +14.4%
    2020$2,904 +6.9%$164,200
    2019$2,718 +7.3%$164,200 -6%
    2018$2,534 +2.8%$174,600 -4.3%
    2017$2,466 -1.9%$182,500
    2016$2,514 +6.5%$182,500 -1.3%
    2015$2,360 +0.1%$184,900
    2014$2,358 +6.7%$184,900
    2013$2,210 +8.3%$184,900 +24.3%
    2012$2,040 $148,800
    Find assessor info on the county website

    Neighborhood: 52227

    Nearby schools

    GreatSchools rating
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    $845,000
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    With Zillow Showcase(estimated)
    $861,900