Taxes
- Assessed Value: $564,100
- Assessed Year: 2025
- Assessed County: Minnehaha
- APN: 55046
- Assessed Land Value: 39500
- Tax Amount: 7531.56
- Tax Year: 2025
508 E Alder Ln; Sioux Falls, SD Property Details
Off market
508 E Alder Ln Sioux Falls, SD 57105
$585,000 Listing Price
3 Beds
3 Baths
2,070 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1986
- Purchase Price: $585,000
- Est. Equity / %: $624,000 / 100%
- Gross Yield: 5.694%
- APN: 55046
- Situs County: Minnehaha
- Length Of Ownership: 2 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 8
Structure
- Building Style: Frame
- Floor Cover Type: Hardwood
- Stories: 1
- Exterior Wall Type: Combination
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Quality: B-
- Roof Type: Gable
- Porch Type: Open
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 2,070/SqFt
- Lot: 9,858/SqFt
- Garage: 536/SqFt
- Living: 2,070/SqFt
- Basement: 1,822/SqFt
- Building: 2,070/SqFt
- Ground: 2,070/SqFt
- Basement Finished: 1,250/SqFt
- Price Per Square Foot: $282.61
Legal Description
- Description: LOT 18 BLOCK 8 TOMAR HILLS ADDN TO CITY OF SIOUX FALLS
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Sioux Falls School District 49-5
- Lat / Lon: 43.5014 / -96.71985
- Subdivision: Tomar Hills Addn
- Property Class: Residential
- County Use Code: 110
Amenities
- Heating Fuel Type: Gas
- Plus Four: 7159
- Bathroom Fixtures: 13
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 2
HOA
- H O A One: $125
- H O A Amount: $125
- H O A One Frequency: Monthly
- H O A One Type: Planned Unit Development
Ownership Info
508 E Alder Ln has no associated ownership info
508 E Alder Ln has no associated ownership info.
Taxes
508 E Alder Ln has 7 associated Taxes items
508 E Alder Ln, Sioux Falls, SD pays taxes in Minnehaha County, SD. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $564,100. The APN we've located for 508 E Alder Ln is 55046.
Unlock the full reportTax History
508 E Alder Ln has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $564,100 | Land Value $39,500 | Improvement Value $524,600 | Tax Amount $7,531.56 | Change Rate | Assessed CR | Tax Rate +0.013351% |
| Year 2024 | Assessed Value $414,900 | Land Value $39,500 | Improvement Value $375,400 | Tax Amount $7,531.56 | Change Rate +0.212027% | Assessed CR | Tax Rate +0.018153% |
| Year 2023 | Assessed Value $443,100 | Land Value $39,500 | Improvement Value $403,600 | Tax Amount $6,214.02 | Change Rate +0.124612% | Assessed CR | Tax Rate +0.014024% |
| Year 2022 | Assessed Value $370,500 | Land Value $33,800 | Improvement Value $336,700 | Tax Amount $5,525.48 | Change Rate +0.209167% | Assessed CR | Tax Rate +0.014914% |
| Year 2021 | Assessed Value $296,300 | Land Value | Improvement Value | Tax Amount $4,569.66 | Change Rate +0.043511% | Assessed CR | Tax Rate +0.015422% |
| Year 2020 | Assessed Value $280,100 | Land Value | Improvement Value | Tax Amount $4,379.12 | Change Rate -0.029949% | Assessed CR | Tax Rate +0.015634% |
| Year 2019 | Assessed Value $284,160 | Land Value | Improvement Value | Tax Amount $4,514.32 | Change Rate +0.069871% | Assessed CR | Tax Rate +0.015887% |
| Year 2018 | Assessed Value $268,722 | Land Value | Improvement Value | Tax Amount $4,219.5 | Change Rate +0.075572% | Assessed CR | Tax Rate +0.015702% |
| Year 2017 | Assessed Value $247,194 | Land Value $37,144 | Improvement Value $210,050 | Tax Amount $3,923.03 | Change Rate -0.00083% | Assessed CR | Tax Rate +0.01587% |
| Year 2016 | Assessed Value $247,727 | Land Value $37,920 | Improvement Value $209,807 | Tax Amount $3,926.29 | Change Rate -0.017853% | Assessed CR | Tax Rate +0.015849% |
| Year 2015 | Assessed Value $242,719 | Land Value $35,689 | Improvement Value $207,030 | Tax Amount $3,997.66 | Change Rate +0.02192% | Assessed CR | Tax Rate +0.01647% |
| Year 2014 | Assessed Value $242,719 | Land Value $35,689 | Improvement Value $207,030 | Tax Amount $3,911.91 | Change Rate | Assessed CR | Tax Rate +0.016117% |