Foreclosure

$139,900

502 E 5th Ave, Milbank, SD 57252

3beds

1,326sqft

Single Family Residence

Built in 1918

7,000 Square Feet Lot

$181,900 Zestimate^®

$106/sqft

$-- HOA

What's special

Corner lotDetached double garage

This home located on a corner lot in Milbank with a detached double garage, is bank owned. Featuring 3 bedrooms and 2.5 baths, plus main floor washer and dryer. This home is being sold "AS IS", and will need plumbing and hot water heat repair. This property is eligible under the the freddiemac first look initiative until 8-18 , 2026.

2 days

443

19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Basement

Area: 0

Heating

Zoned, Hot Water

Cooling

Zoned

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,326
Total interior livable area: 1,326 sqft
Finished area above ground: 1,326

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Stories: 2

Lot

Size: 7,000 Square Feet

Details

Parcel number: 26004020
Lease amount: $0
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1918

Utilities & green energy

Electric: Amps(0)

Community & HOA

HOA

Has HOA: No

Location

Region: Milbank

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $133,105
Annual tax amount: $1,772
Date on market: 7/19/2026
Date available: 07/19/2026
Listing agreement: Exclusive

Foreclosure details

Estimated market value

$181,900

$166,000 - $200,000

$1,556/mo

Price history

Date	Event	Price
9/3/2024	Listing removed	$164,900$124/sqft
Source: Exit Realty #35-538 Report a problem
6/29/2024	Price change	$164,900-2.9%$124/sqft
Source: Northeast South Dakota BOR #35-538 Report a problem
5/30/2024	Listed for sale	$169,900$128/sqft
Source: Northeast South Dakota BOR #35-538 Report a problem
5/20/2024	Contingent	$169,900$128/sqft
Source: Northeast South Dakota BOR #35-538 Report a problem
4/11/2024	Price change	$169,900-2.9%$128/sqft
Source: Northeast South Dakota BOR #35-538 Report a problem
2/2/2024	Listed for sale	$174,900+12.3%$132/sqft
Source: Northeast South Dakota BOR #35-538 Report a problem
8/4/2023	Sold	$155,700+12.8%$117/sqft
Source: Northeast South Dakota BOR #35-485 Report a problem
6/19/2023	Listed for sale	$138,000$104/sqft
Source: Northeast South Dakota BOR #35-485 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$133,105 +4.1%
2024	--	$127,802 +29.2%
2023	--	$98,893 +18.6%
2022	--	$83,386
2021	--	$83,386
2020	--	$83,386 +21.9%
2019	--	$68,378 +15%
2018	--	$59,459
2017	--	$59,459
2016	--	$59,459
2015	--	$59,459

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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