This is our ironing board. The ironing board that Dan and I use everyday. I would do my best to avoid the ripped area, but if a hot iron got on that cheap Ikea batting it would melt and get on my fabric...or Dan's shirt.
We have been living with the ironing board looking like this for at least a year.
Here is the finished product. It isn't perfect, but it is WAY better than what we were ironing on. Because the ironing board is made of metal I needed to add a good amount of batting, because sometimes when I would iron something you could see the metal pattern on the fabric. I had to add a bath towel under the old cover to help with this...making the ironing board a bit lumpy.
I first used some FOE (fold over elastic) for the underside, but it wasn't tight enough, so I added a second layer of elastic to make it tighter.