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508 Main St

Elk Point, SD 57025

4 bd 2 ba 1,493 sqft Built 1890 Lot 15,682 sqft single_family
Most recent sale
$189,900
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $189,900 MLS #816633
Mar 31, 2022 Listed $189,900 MLS #816633
Feb 15, 2022 Sold $98,000 Public Record
Jan 7, 2022 Listed $100,000 MLS #815849

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $100,850 $13,346 $114,196 $1,769
2023 $91,682 $13,346 $105,028 $1,875
2022 $79,789 $23,206 $102,995 $1,687
2021 $69,447 $20,179 $89,626 $1,664
2020 $66,164 $20,179 $86,343 $1,529
2019 $63,037 $19,218 $82,255 $1,438
2018 $79,277 $1,442
2017 $79,277 $1,371
2015 $74,478 $1,486
2014 $74,478 $1,540
2012 $71,848 $1,487
2011 $71,848 $1,520
2008 $69,340 $1,457

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,493 sqft
Lot size
15,682 sqft
ZIP code
57025
City
Elk Point
Street
Main St
Coordinates
42.68356, -96.67974

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,240
Gross rental yield
14.15%
Implied cap rate
9.20%
Trend-extrapolated value

Frequently asked questions

When did 508 Main St last sell?
508 Main St most recently sold on Jun 29, 2022 for $189,900.
What is the current tax assessment for 508 Main St?
The most recent total assessment for 508 Main St (year 2025) is $114,196 with $1,769 in property tax.
How does 508 Main St's assessment compare to its last sale price?
The current assessment is 39.9% below the last sale price of $189,900.
When was 508 Main St built?
508 Main St was built in 1890.
How does 508 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 508 Main St?
508 Main St is a 4 bed, 2 bath, 1,493 sqft, 15,682 sqft lot single_family.
Is 508 Main St a flip candidate?
Yes — 508 Main St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 Main St a tax-appeal candidate?
No — 508 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.9%
2026 Q3
$316.1K
2026 Q4
$330.8K
ZIP 57025 — Median Price History + Forecast

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