400 S Hwy 273, Kennebec, SD

Note from Broker: This home has had several updates & remodel work done in 2019. The work consists of all new carpet & laminate flooring, new wainscoting knotty pine throughout the house, new vinyl siding, new house windows, new doors, new hot water heater, new air conditioner pump and new refrigerator and electric cookstove. The home is located in an elevated area, with concrete foundation and has a sump pump in the crawl space. This is a move in ready home, you’ll have to see it to appreciate the quality!

This property is located on a small acreage, (9.55) acres) on the edge of the small town of  Kennebec, SD. Kennebec is the county seat for Lyman County and has a population of about 300 people. This small community has all of the necessary businesses to take care of its residences, including a grocery store, restaurant, 2 motels, campground, library, hardware & lumber company, several mechanic shops for auto repair, and school, and a couple financial institutions.

Kennebec is an area of Central South Dakota, that has an economy that is agricultural and hunting related. The town sets beside Interstae 90, which is the main road across central South Dakota.

Current Appraisal and Home Inspection Report available to serious buyers.

Disclaimer: In 2019 this property was involved in a flood because of several dams breaking. This flood was said to have been, by several of the older residents, a 100-year flood.  At the time of the flooding, the homeowners had flood insurance that paid very well.  The owners of this property currently have a flood insurance policy that has an annual premium of $547.00.

Utilities: From the City of Kennebec, water & sewer, rubble site fee, monthly usage, lowest $110.00 per month & highest usage $115.00 per month. Electricity, monthly, low of $132.00 & highest $226.00. Propane for 2023 & 2024, the average is $ 2,000.00 per year. Monthly dumpster fee $48.00

Legal: Lot F-3 & Lot 2 of Outlet D of Gilman’s Subdv’n in 17-105-75

Parcel ID: 6667