Investment Opportunity: Currently zoned Agriculture, with reported potential to rezone to Commercial for up to a 24-unit apartment building. Property is within the Sioux Falls/Minnnehaha County Joint Jurisdiction boundary. Set on an amazing 1-acre lot in town, this 3 bed, 2 bath home offers space, flexibility, and investment potential all in one place. The main level has been nicely updated throughout the years and provides all the living space you need for comfortable everyday living. The basement offers an additional 1,200 square feet of unfinished space — perfect to finish for extra bedrooms and a bath, or keep as a large family room. With a full acre, the possibilities are endless — room to add a large shop for the car enthusiast, extra storage, outdoor living, and more.
Single-familyProperty Type
1950Year Built
1 acresLot Size
$342Price/Sq.Ft.
2 car garageParking
Listed by Tony Ratchford• Keller Williams Realty Sioux Falls
Listed by Ryan Feauto• Keller Williams Realty Sioux Falls
REALTOR® Association of the Sioux Empire #22608123
Oct 26, 2026
Listed
$424,900
$342/sq ft
Public Records
Jul 31, 1995
Sold
$68,500
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,080 (−4.0%)
$106,911 + $182,174
$289,085
2024
$3,207 (+13.6%)
$86,500 + $191,600
$278,100
2023
$2,822 (+10.8%)
$86,500 + $198,100
$284,600
2022
$2,548 (−3.1%)
$46,800 + $148,000
$194,800
2021
$2,628 (+23.2%)
$42,500 + $136,200
$178,700
2019
$2,133 (+10.5%)
$42,500 + $125,243
$167,743
2018
$1,931 (−1.9%)
$40,000 + $111,893
$151,893
2017
$1,967 (−3.4%)
$40,000 + $111,893
$151,893
2013
$2,036
$37,500 + $107,239
$144,739
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1972
Finished Sq. Ft.
1,302
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,302
Year built
1950
Style
Single Family Residential
County
Minnehaha County
APN
011730
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
A1
Agricultural District
It shall be the intent of this district to provide for a vigorous agricultural industry by preserving for agricultural production those prime agricultural lands beyond the area of planned urban development. It is recognized that because of the nature of both agricultural activities and residential subdivisions, that these two uses are generally poor neighbors and therefore the concentration of housing in the A-1 agricultural district shall be discouraged.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Sioux Falls, SD • 57106
Average low and high temperatures (°F)
28
9
36
14
54
29
60
38
73
50
82
61
86
68
80
63
79
56
67
45
46
30
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Sioux Falls. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1501 S Ellis Rd Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More