492 Shady Ln, Ely, MN 55731 Property Records

Lake County property record for 492 Shady Ln, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeResidential > Specialized > Seasonal, Cabin, Vacation
Bedrooms2 Beds
Architecture StyleRustic
Year BuiltBuilt 1995
Square Footage587 sqft Gross Area
Lot Size102,802 sqft (2.36 acres)
GarageMixed
PoolPool with Hot Tub/Spa
Tax Bill$1,632.00 (2025)

Property Details

APN / Parcel Number

Primary APN28-6371-17030

Interior

Bedrooms2 Beds
Building Area587 sqft Gross Area
1st Floor587 sqft 1st Floor
Stories1 Stories
Utility Area479 sqft Utility Area
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1995
Architectural StyleRustic Style
Exterior MaterialWood Exterior
Construction TypeWood Construction
Lot Area102,802 sqft (2.36 acres)
Garage TypeMixed Garage

Exterior Amenities

Pool TypePool with Hot Tub/Spa Pool Type
Deck Area36 sqft Deck
SaunaSauna
Lean-To24 sqft Lean-To

Utilities and HVAC

Heating SystemSpace Heating
Heating FuelWood Heating Fuel

Location & Zoning

Street Address492 SHADY LN
CityELY
StateMN
Zip55731
Property UsageResidential Property Usage
TypeResidential > Specialized > Seasonal, Cabin, Vacation
Legal DescriptionLOT 3
Legal Range11W
Legal Township63N
Legal Section17
Legal Lot Number3
JurisdictionLAKE MN
Minor Civil DivisionFALL LAKE
Census Blockgroup1
Census Block1133
Census Tract370101

Owner

Source: Lake County records · APN 28-6371-17030

Assessment roll updated August 6, 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 RecordIndividual Name on File
Mailing Address204 W CHAPMAN ST, ELY, MN 55731-1138
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Record RefreshedSep 20, 2026

Tax Assessment & Valuation

Source: Lake County records · Assessment roll updated August 6, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyLake County
County SubdivisionFall Lake Township
Unified School DistrictLake Superior 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$359,000 (+8.82%) Land $205,500 Building $153,500$359,000 (+8.82%) Land $205,500 Building $153,500
2025$1,632.00
2023$329,900 Land $205,100 Building $124,800$329,900 Land $205,100 Building $124,800

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