St. Louis County property record for 117 N Central Ave, Ely, MN 55731 · Last verified August 2026
| Property Type | Commercial > Retail |
|---|---|
| Year Built | Built 1986 |
| Square Footage | 4,258 sqft Gross Area |
| Lot Size | 5,498 sqft (0.126 acres) |
| Last Sale | $185,000 (2011) |
| Tax Bill | $6,012.00 (2026) |
Source: St. Louis County records · APN 030-0010-00460
Assessment roll updated August 17, 2026 · Last verified August 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1 E CHAPMAN ST, ELY, MN 55731-1227 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Apr 23, 2020 | Loan Modification, Mortgage BOUNDARY WATERS ST BK |
| May 09, 2019 | Deed of Trust, Mortgage · Line of Credit BOUNDARY WATERS ST BK |
| Jan 30, 2018 | Quit Claim Deed, Transfer ATTORNEY ONLY |
| Dec 29, 2017 | Deed of Trust, Mortgage · Line of Credit FRANDSEN BK&TR |
| Oct 06, 2017 | Loan Modification, Mortgage FRANDSEN BK&TR |
| Jun 22, 2017 | Loan Modification, Mortgage FRANDSEN BK&TR |
| Mar 10, 2017 | Loan Modification, Mortgage · Line of Credit FRANDSEN BK&TR |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Mar 25, 2011 · Amount on Record |
| Deed Sale | Mar 25, 2011 · Amount on Record |
| Prior Sale | Jun 08, 2010 · Amount on Record |
| Deed Doc Number | 201157846 |
| Last Transfer Date | Jan 26, 2018 |
| Transfer Doc | 0001326881 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1378989 |
| Instrument Date | Apr 23, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Jun 24, 2020 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1378989 |
|---|---|
| Date | May 05, 2020 |
| Instrument | A1378989 |
| Name | BOUNDARY WATERS ST BK |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Amount | Amount Recorded |
|---|---|
| Term | 240 Months |
| Due | May 04, 2040 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1354549 |
| Instrument Date | May 09, 2019 |
| Transaction Type | Mortgage |
| Record Updated | May 28, 2019 |
| Title Company | NOT AVAILABLE |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1354549 |
|---|---|
| Date | May 13, 2019 |
| Instrument | A1354549 |
| Name | BOUNDARY WATERS ST BK |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 240 Months |
| Due | May 12, 2039 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Recording Date | Jan 30, 2018 |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1326881 |
| Instrument Date | Jan 26, 2018 |
| Instrument | A1326881 |
| Transaction Type | Transfer |
| Record Updated | Feb 12, 2018 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 1 E CHAPMAN ST ELY MN 557311227, ELY, MN 55731-1227 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1332856 |
| Instrument Date | Dec 29, 2017 |
| Transaction Type | Mortgage |
| Record Updated | Jan 14, 2019 |
| Title Company | OTHER |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1332856 |
|---|---|
| Date | May 16, 2018 |
| Instrument | A1332856 |
| Name | FRANDSEN BK&TR |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | May 15, 2028 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1321630 |
| Instrument Date | Oct 06, 2017 |
| Transaction Type | Mortgage |
| Record Updated | Nov 24, 2017 |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1321630 |
|---|---|
| Date | Nov 07, 2017 |
| Instrument | A1321630 |
| Name | FRANDSEN BK&TR |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Term | 12 Months |
|---|---|
| Due | Nov 06, 2018 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1312687 |
| Instrument Date | Jun 22, 2017 |
| Transaction Type | Mortgage |
| Record Updated | Jul 17, 2017 |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1312687 |
|---|---|
| Date | Jul 06, 2017 |
| Instrument | A1312687 |
| Name | FRANDSEN BK&TR |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Term | 12 Months |
|---|---|
| Due | Jul 05, 2018 |
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Property Address | 117 N CENTRAL AVE, ELY, MN 55731-1449 |
| Document Number | 00A1305986 |
| Instrument Date | Mar 10, 2017 |
| Transaction Type | Mortgage |
| Record Updated | Apr 04, 2017 |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 117 N CENTRAL AVE ELY MN 557311449, ELY, MN 55731-1449 |
| Document Number | 00A1305986 |
|---|---|
| Date | Mar 20, 2017 |
| Instrument | A1305986 |
| Name | FRANDSEN BK&TR |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 12 Months |
| Due | Mar 19, 2018 |
| Rate Type | Adjustable Rate |
|---|
Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | St. Louis County |
| Municipality | Ely City |
| Unified School District | Ely Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $6,012.00 (+4.7%) | ||
| 2025 | $5,742.00 (+0.98%) | $223,400 (+10.54%) Land $27,900 Building $195,500 | $223,400 (+10.54%) Land $27,900 Building $195,500 |
| 2024 | $5,686.00 | $202,100 (+27.51%) Land $26,400 Building $175,700 | $202,100 (+27.51%) Land $26,400 Building $175,700 |
| 2022 | $158,500 Land $23,800 Building $134,700 | $158,500 Land $23,800 Building $134,700 |
Source: FEMA National Flood Hazard Layer, St. Louis County (27137C), updated March 24, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 20% of the US · above 39% of Minnesota |
|---|---|
| Wildfire Likelihood | About 1 in 7,692 per year |
| Exposure | Indirect within ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | 030-0010-00460 |
|---|---|
| Alternative APN |
|
| Units | 3 Units |
|---|---|
| Building Area | 4,258 sqft Gross Area |
| 1st Floor | 2,338 sqft 1st Floor |
| Basement Area | 1,680 sqft Basement |
| Stories | 2 Stories |
| Fire Sprinklers | The property is equipped with a fire-suppression sprinkler system |
| Year Built | Built 1910 |
|---|---|
| Effective Year Built | Effective 1986 |
| Exterior Material | Aluminum/Vinyl Exterior |
| Lot Area | 5,498 sqft (0.126 acres) |
| Deck Area | 1,150 sqft Deck |
| Cooling System | Evaporative Cooling |
|---|
| Account Number | 1045397 |
|---|---|
| Street Address | 117 N CENTRAL AVE |
| City | ELY |
| State | MN |
| Zip | 55731-1449 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | LOTS 1 AND 2 CRANES REARR OF BLK 5 SERIAL # |
| Legal Subdivision | CRANES REARRANGEMENT |
| Legal Block | 5 |
| Legal Lot Number | 1-2 |
| Jurisdiction | ST LOUIS MN |
| Minor Civil Division | ELY |
| Census Blockgroup | 2 |
| Census Block | 2005 |
| Census Tract | 15300 |
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