2446 Reed Rd, Ely, MN 55731 Property Records

St. Louis County property record for 2446 Reed Rd, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	2 Beds
Bathrooms	2.5 Baths
Year Built	Built 1994
Square Footage	1,368 sqft Gross Area
Lot Size	40,460 sqft (0.928 acres)
Garage	568 sqft
Occupancy	Owner Occupied
Tax Bill	$2,744.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`465-0048-00050`
Alternative APNs	`1020418` `1193010`

Interior

Bedrooms	2 Beds
Full Baths	2.5 Baths
Total Rooms	5 Rooms
Building Area	1,368 sqft Gross Area
1st Floor	912 sqft 1st Floor
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Architectural Style	A-Frame Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Lot Area	40,460 sqft (0.928 acres)
Garage Area	568 sqft Garage

Exterior Amenities

Total Buildings	2 Total Buildings
Deck Area	16 sqft Deck
Porch Area	6 sqft Porch
Sauna	Sauna
Storage Building	117 sqft Storage Building

Utilities and HVAC

Cooling System	Central Cooling
Heating Fuel	Propane Heating Fuel

Location & Zoning

Account Number	1193010
Street Address	2446 REED RD
City	ELY
State	MN
Zip	55731-8419
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	EX W 15 FT SERIAL #
Legal Subdivision	REVIS KINNEY BURNTSIDE
Legal Lot Number	5
Jurisdiction	ST LOUIS MN
Minor Civil Division	MORSE
Census Blockgroup	2
Census Block	2017
Census Tract	15401

Owner

Source: St. Louis County records · APN 465-0048-00050

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	Individual Name on File
Mailing Address	2446 REED RD, ELY, MN 55731-8419
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Mar 14, 2003
Transfer Doc	0000745836
Record Refreshed	Sep 20, 2026

March 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Mar 03, 2026
Property Address	2446 REED RD, ELY, MN 55731-8419
Document Number	0001099568
Instrument Date	Dec 15, 2025
Instrument	1099568
Transaction Type	Transfer
Record Updated	Apr 03, 2026
Title Company	NORTHEAST TITLE LLC

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$990.00
Amount Accuracy	Rounded Values by County
Additional	Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	2446 REED RD, ELY, MN 55731-8419

Mortgage

Document Number	0001099569
Date	Mar 03, 2026
Instrument	1099569

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	358 Months
Due	Jan 01, 2056

Interest

Rate Type	Adjustable Rate
Rate	6.98%
Type Change Date	Mar 01, 2031
Change Frequency	3 Years
Min Rate At Change	6.99%
Max Rate At Change	12.9%
Index	3-Year TN
Max Rate	12.9%

Tax Assessment & Valuation

Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
County Subdivision	Morse Township
Unified School District	Ely Public School District (PK - 12)

Tax Bill & Assessment History

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	$2,744.00 (+16.57%) Homeowner's exemption
2025	$2,354.00 (-63.96%) Homeowner's exemption	$328,500 (+16.57%) Land $223,600 Building $104,900	$328,500 (+16.57%) Land $223,600 Building $104,900
2024	$6,532.00	$281,800 (-50.67%) Land $194,400 Building $87,400	$281,800 (-50.67%) Land $194,400 Building $87,400
2022		$571,300 Land $194,000 Building $377,300	$571,300 Land $194,000 Building $377,300