Perfect for those seeking the balance of country peace and modern luxury, this property combines outdoor freedom with a magazine-worthy interior. Step inside to an open-concept main floor designed for modern living. A seamless flow from the spacious living room into the dining and kitchen areas. Up the beautiful staircase is 3 bedrooms and a full bathroom. All perfectly situated on 3.96 acres.
For sale
$399,900
42465 261st St, Alexandria, SD 57311
3beds
1,552sqft
Unimproved Land
Built in 1915
3.96 Acres Lot
$387,400 Zestimate®
$258/sqft
$-- HOA
What's special
- 11 days
- 553
- 18
Zillow last checked:
Listing updated:
Listed by:
Jessica Tollefson 605-999-3467,
Janklow Eliason Real Estate
Source: Mitchell BOR,MLS#: 26-487
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Features
- Ceiling Fan(s)
- Basement: Partial
Interior area
- Total structure area: 2,176
- Total interior livable area: 1,552 sqft
- Finished area above ground: 1,552
Property
Features
- Levels: 1.75 Story
- Stories: 2
- Patio & porch: Deck: Yes
Lot
- Size: 3.96 Acres
Details
- Parcel number: 1025703100100002
- Zoning description: Agricultural
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Unimproved Land
Materials
- Foundation: Rock/Mortar, Standard Basement (In-Ground)
Condition
- Year built: 1915
Utilities & green energy
- Electric: 200 Amp Service
- Sewer: Septic Tank
- Water: Rural
Community & HOA
Location
- Region: Alexandria
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $51,263
- Annual tax amount: $1,719
- Date on market: 10/1/2026
- Electric utility on property: Yes
Estimated market value
$387,400
$368,000 - $407,000
$1,497/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $399,900$258/sqft |
Source:  Mitchell BOR #26-487 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $408 -41.7% | $51,263 |
| 2024 | $700 +7.2% | $51,263 -32.3% |
| 2023 | $653 -9.5% | $75,727 +7.2% |
| 2022 | $722 | $70,623 |
| 2021 | -- | $70,623 +36.2% |
| 2020 | -- | $51,870 -10.8% |
| 2019 | -- | $58,150 |
| 2018 | -- | $58,150 +5.7% |
| 2017 | -- | $55,000 +38.2% |
| 2016 | -- | $39,805 |
| 2013 | -- | -- |
| 2011 | -- | $25,062 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 57311
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