498 Shady Ln, Ely, MN 55731 Property Records

Lake County property record for 498 Shady Ln, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeResidential > Specialized > Seasonal, Cabin, Vacation
Bedrooms1 Beds
Year BuiltBuilt 1995
Square Footage304 sqft Gross Area
Lot Size54,450 sqft (1.25 acres)
GarageCarport
PoolPool with Hot Tub/Spa
Last Sale$40,000 (2019)
Tax Bill$824.00 (2025)

Property Details

APN / Parcel Number

Primary APN28-6311-16310

Interior

Bedrooms1 Beds
Building Area304 sqft Gross Area
1st Floor304 sqft 1st Floor
Stories1 Stories
Utility Area144 sqft Utility Area
Interior StructureLog Interior Structure
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1995
Effective Year BuiltEffective 1995
Architectural StyleRustic Style
Exterior MaterialLogs Exterior
Construction TypeLog Construction
Roof ConstructionGable Roof Construction
Lot Area54,450 sqft (1.25 acres)
Garage TypeCarport Garage
CarportCarport
Pool TypePool with Hot Tub/Spa Pool Type
Deck AreaDeck Area
SaunaSauna

Utilities and HVAC

Heating SystemSpace Heating
Heating FuelWood Heating Fuel

Location & Zoning

Street Address498 SHADY LN
CityELY
StateMN
Zip55731
Property UsageResidential Property Usage
TypeResidential > Specialized > Seasonal, Cabin, Vacation
Legal DescriptionTHAT PART OF GOVT LOT 4 AS DESCRIBED IN
Legal Range11W
Legal Township63N
Legal Section16
JurisdictionLAKE MN
Minor Civil DivisionFALL LAKE
Census Blockgroup1
Census Block1133
Census Tract370101

Owner

Source: Lake County records · APN 28-6311-16310

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 RecordCompany Name on File
Mailing Address496 SHADY LN, ELY, MN 55731-5507
Owner TypeOwner is a Company
VestingOwner is a Trust, Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 29, 2019 · Amount on Record
Deed SaleApr 29, 2019 · Amount on Record
Deed Doc Number2019191712
Record RefreshedSep 20, 2026

April 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE MN
Recording DateApr 29, 2019
Property Address498 SHADY LN, ELY, MN 55731
Document NumberA000191712
Instrument DateApr 25, 2019
InstrumentA000191712
Transaction TypeTransfer
Record UpdatedAug 24, 2021

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address446 SHADY LN, ELY, MN 55731-5507

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$172,300 (+47.01%) Land $82,100 Building $90,200$172,300 (+47.01%) Land $82,100 Building $90,200
2025$824.00
2023$117,200 Land $63,600 Building $53,600$117,200 Land $63,600 Building $53,600

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