NOT LISTED FOR SALE

1021 Sd Highway 26 Redfield, SD 57469

Estimated Value: $148,000 - $200,000

3 Beds
3 Baths
2,395 Sq Ft
$73/Sq Ft Est. Value

About This Home

This property is located along Cottonwood Lake in northeastern South Dakota, offering a buildable lot with direct lake access and established improvements. The setting combines open space with water frontage and provides opportunities for both residential use and recreational enjoyment. The lot sits adjacent to Cottonwood Lake with access directly off SD Highway 26, making it easily reachable in all seasons. The property size allows for construction of a home, whether for seasonal use or year-round living. With available space to design a dwelling, owners can create a layout that fits their individual needs. The location along the shoreline provides an opportunity to establish a residence in close proximity to one of the area's natural water features. An existing two-car garage is included on the property. This structure is well-suited for storing vehicles, lake equipment, and construction materials. Having storage in place adds functional value, especially during any future building projects. The garage provides reliable space for boats, recreational equipment, and other items associated with living near a lake. Cottonwood Lake is known locally for its recreational uses, including fishing, boating, and seasonal waterfowl observation. The shoreline and open waters support a variety of wildlife, making the property suitable for outdoor enthusiasts interested in activities such as birdwatching and hunting in the surrounding area. The combination of water access and available acreage creates a practical option for those seeking recreational property in this part of South Dakota. The lot's buildable space offers flexibility for different types of construction. It can accommodate a modest cabin or a larger residence depending on the buyer's preference. Being adjacent to the lake, the setting provides an opportunity to establish a residence with views across the water. The surrounding landscape is rural in character, with nearby farmland, prairies, and other recreational land uses common in this part of the county. Accessibility is another feature of the property. The direct approach off SD Highway 26 ensures reliable entry, and the property's location places it within a reasonable distance of nearby communities. Residents and visitors will find local services and amenities in surrounding towns while maintaining a quiet location along the lake itself. This property provides the essentials needed to establish a home near Cottonwood Lake with the advantage of existing improvements already in place. The available acreage, lake setting, and garage create a balanced combination of buildable space and recreational potential in northeastern South Dakota.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Bought by
Rogers Michael and Rogers Beverly
Current Estimated Value
$175,055

Purchase Details

Closed on
Nov 21, 2005
Sold by
Glerup Granville and Glerup Donna
Bought by
Markley Gary and Markley Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.36%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rogers Michael $250,000 --
Markley Gary $35,000 Spink County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markley Gary $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Off Market $149,000 -- --
10/22/2025 10/22/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $149,000 -25.1% --
05/08/2025 05/08/25 For Sale $199,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,505 $117,498 $87,404 $30,094
2024 $1,341 $113,336 $83,242 $30,094
2023 $1,059 $96,726 $69,368 $27,358
2022 $1,799 $75,970 $53,360 $22,610
2021 $1,643 $171,220 $48,510 $122,710
2020 $1,900 $155,900 $46,180 $109,720
2019 $1,865 $190,960 $32,990 $157,970
2018 $1,935 $175,500 $29,990 $145,510
2017 $1,771 $173,072 $27,562 $145,510
2016 $1,399 $173,371 $27,562 $145,809
2015 -- $134,694 $20,098 $114,596
2014 -- $134,694 $20,098 $114,596
2013 -- $48,412 $18,271 $30,141
Source: Public Records

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