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409 Wallace Ave N, Wessington Springs, SD, 57382

2beds
1baths
775sqft
$65,000
$84price/sqft
$619/moest. monthly cost
$24,760/yrincome needed

About This Home

Located in a charming small town with good schools, & hospital,. Great place to raise your family. This cute 2bed/1 bath home sits on 2 lots. Walking distance to the high school & downtown. Great 1 story home has 2 porches front & side. Newer window AC, W/DHardwood floors have been refinished, newer vinyl windows, fresh paint throughout. Well insulated for cozy low utility cost. 2nd corner lot could build a shop, garage or a second home on. Vacant corner lot can be split off and ready to build on- electric & water to site. Great Return on Investment as a rental property. Seller is including a gas fireplace that could be installed at buyers expense in the living room.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1903

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Wood Siding,Frame,Plaster

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Plaster
  • Flooring: Hardwood,Linoleum
  • Fireplace: Yes
  • Finished area above ground: 775

Heating & Cooling

  • Heating features: Propane,Electric,Fireplace(s)
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 775
  • Total interior livable area: 775 sqft

Property

Details

  • Parcel number: 003429 &003428
  • Zoning description: Residential

Features

  • Stories: 1
  • Patio & porch: Porch: Yes

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: 88 x 146

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Cold Wave
Ice Storm
Winter Weather
Drought
Hail
Inland Flooding
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters in Jerauld County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $328$3,936
Home Insurance $85$1,020
Property Taxes $60$720
Electricity $146$1,755
Total$619$7,428

Income You'd Need if You Spent...

35% on housing$21,222/yr
40% on housing$18,570/yr
45% on housing$16,506/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 57382$337
Jerauld County$337

vs Homes Sold Last Month

Median $/sqft

ZIP 57382$127
Jerauld County$83

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-18Price change$65,000
2026-05-20Price change$69,000
2025-09-07Price change$74,900
2025-06-09Price change$89,900
2025-05-14Price change$99,000
2025-04-30Price change$110,000
2025-04-16Listed for sale$115,000
2021-12-09Sold$0
2021-11-10Price change$44,900
2021-10-26Price change$49,900
2021-10-06Listed for sale$54,900

For Sale by Agent

AgentCOLLEEN HUNT
BrokerageMitchell Realty LLC

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