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2400 W Bailey St, Sioux Falls, SD 57104 (MLS # 22600666)

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PRICE $263,600 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,200 sqft
LOT SIZE 6,604 sqft

Brand-New Construction | Easy Access to Interstate and Downtown | Affordable Path to Ownership | Two Blocks to All City Elementary Welcome home to this thoughtfully designed new construction offering 1,200 sq. ft. of efficient, modern living. Built with durable 2x6 stick construction for enhanced energy efficiency, this home features smart design, neutral finishes, and room to grow"”inside and out. The open-concept main level includes three bedrooms and two bathrooms, anchored by a private primary suite with an en-suite bath. Main-floor laundry adds everyday convenience, complete with a brand-new washer and dryer. The eat-in kitchen is equipped with stainless steel appliances and a dishwasher, making both daily living and entertaining easy. An attached double garage provides added functionality, while the unfinished basement offers excellent potential to build equity. The lower level is ready for your finishing touches and has room for a future family room, two additional bedrooms, and another bathroom. Enjoy a convenient location near the Denny Sanford Premier Center, with quick access to I-29 and downtown. Buyer Qualification Requirements Purchasers must meet the following program guidelines: Income limits: "¢ $71,540 or less for 1-2 person households "¢ $81,760 or less for households of 3 or more Net worth limits: "¢ Age 61 or younger: less than $125,000 total net worth or $105,000 in liquid assets "¢ Age 62 or older: less than $250,000 total net worth or $140,000 in liquid assets Buyer must occupy the home as their primary residence. Financing Details This price includes an $11,400 forgivable loan from SDHDA: "¢ Purchase price: $275,000 "¢ First mortgage: $263,600 "¢ Soft second mortgage: $11,400 (Forgiven at $2,280 per year over five years) You must qualify for bank financing to purchase the home. To check eligibility for the Governor's House program, contact rhea@secog.org


SCHOOLS
Elementary School Garfield ES
Jr. High School George McGovern MS - Sioux Falls
High School Thomas Jefferson High School


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
AREA SF-N004
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Natural Gas
INTERIOR Master Downstairs
LOT 6604 sq ft
LOT DESCRIPTION City Lot, Corner Lot
LOT DIMENSIONS 132 X 49.5
PARKING Attached
SEWER Public Sewer
STYLE Ranch
SUBDIVISION Merediths 2nd Addn
WATER Public
MORTGAGE CALCULATOR
   

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Listed with South Eastern Development Foun

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Dynamic Realty are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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This IDX solution is (c) Diverse Solutions 2026.