402 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 402 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeResidential > Single Family > Home
Year BuiltBuilt 1979
Square Footage4,250 sqft Gross Area
Lot Size3,121 sqft (0.071 acres)
Last Sale$138,000 (2020)
Tax Bill$4,716.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0370-01050
Alternative APN
  • 1096751

Interior

Building Area4,250 sqft Gross Area
1st Floor2,893 sqft 1st Floor
Basement Area1,357 sqft Basement
Unfinished Basement1,357 sqft Unfinished
Stories2 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1910
Effective Year BuiltEffective 1979
Exterior MaterialWood Exterior
Lot Area3,121 sqft (0.071 acres)

Utilities and HVAC

Heating SystemForced Air with Air Conditioning Heating

Location & Zoning

Account Number1096751
Street Address402 E SHERIDAN ST
CityELY
StateMN
Zip55731-1456
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionLOT: 0001 BLOCK:010 SERIAL #
Legal SubdivisionWHITESIDES ADD TO THE TOWN OF
Legal Block10
Legal Lot Number1
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup2
Census Block2020
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0370-01050

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 RecordCompany Name on File
Mailing AddressPO BOX 925, ELY, MN 55731-0925
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Aug 08, 2022Deed of Trust, Mortgage · Line of Credit
FRANDSEN BANK & TRUST
Sep 02, 2021Deed of Trust, Mortgage · Line of Credit
FRANDSEN BANK & TRUST
Sep 25, 2020Warranty Deed, Transfer · Line of Credit
FRANDSEN BK&TR
Aug 20, 2018Deed of Trust, Mortgage · Conventional Mortgage
MISCELLANEOUS GOVT AGCY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Sep 25, 2020
  • Deed Sale Price on Sep 25, 2020
  • Prior Sale Amount on Jan 07, 2009
Deed Doc Number20201391375
Record RefreshedSep 20, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address402 E SHERIDAN ST, ELY, MN 55731-1469
Transaction TypeMortgage
Record UpdatedAug 22, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001449158
DateAug 08, 2022
Instrument1449158
Lender
NameFRANDSEN BANK & TRUST
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Term228 Months
DueAug 12, 2041
Interest
Rate TypeAdjustable Rate

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address402 E SHERIDAN ST, ELY, MN 55731-1469
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001423541
DateSep 02, 2021
Instrument1423541
Lender
NameFRANDSEN BANK & TRUST
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Term239 Months
DueAug 12, 2041
Interest
Rate TypeAdjustable Rate

September 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateSep 25, 2020
Property Address402 E SHERIDAN ST, ELY, MN 55731-1469
Document Number00A1391375
Instrument DateSep 15, 2020
InstrumentA1391375
Transaction TypeTransfer
Record UpdatedOct 23, 2020
Title CompanyNORTHEAST TITLE COMPANY, NORTHEAST TITLE CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$455.00
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
AddressPO BOX 925 ELY MN 557310925, ELY, MN 55731-0925

Mortgage

Document NumberA1391376
DateSep 25, 2020
InstrumentA1391376
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueSep 24, 2025
Interest
Rate TypeAdjustable Rate

August 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address402 E SHERIDAN ST, ELY, MN 55731-1469
Document Number00A1338973
Instrument DateAug 20, 2018
Transaction TypeMortgage
Record UpdatedSep 06, 2018
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
Address209 E CHAPMAN ST ELY MN 557311471, ELY, MN 55731-1471

Mortgage

Document Number00A1338973
DateAug 21, 2018
InstrumentA1338973
Lender
NameMISCELLANEOUS GOVT AGCY
Agreement
TypeConventional Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountySt. Louis County
MunicipalityEly City
Unified School DistrictEly 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.

YearTax BillAssessed ValueAssessed Market Value
2026$4,716.00 (+19.57%)
2025$3,944.00 (+11.16%)$214,400 (+27.77%) Land $18,900 Building $195,500$214,400 (+27.77%) Land $18,900 Building $195,500
2024$3,548.00$167,800 (+33.17%) Land $18,000 Building $149,800$167,800 (+33.17%) Land $18,000 Building $149,800
2022$126,000 Land $16,400 Building $109,600$126,000 Land $16,400 Building $109,600

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