400 Carr St, Vermillion, SD 57069 Property Records

Clay County property record for 400 Carr St, Vermillion, SD 57069

Property Summary

Property Type	Commercial
Details	9,344 sqft · built 1968
Lot Size	9.2 acres (401,082 sqft)
Owner	Company Name on File
Tax Bill	$38,572 (2025)
Deeds & Mortgages	Oct 2019 Line of Credit Jun 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`15700-00100-000-03`

Property Details

APN / Parcel Number

Primary APN	`15700-00100-000-03`

Interior

Units	204 Units
Stories	1 Story
Building Area	9,344 sqft Gross Area

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1975
Architectural Style	Multi-Family
Lot Area	401,082 sqft (9.2 acres)
Total Buildings	7 Buildings

Location & Zoning

Street Address	400 CARR ST
City	VERMILLION
State	SD
Zip	57069-1723
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	REPLAT OF BLK 1 EXC S 30 & E 30 & N 30 BLK 1 SARACEN COURTS
Legal Subdivision	SARACEN COURTS ADDITION
Legal Block	1
Jurisdiction	CLAY SD
Township / Civil Division	VERMILLION
Census Block Group	3
Census Block	3008
Census Tract	965900

Owner

400 Carr St, a commercial property, is owned by a company.

Source: Clay County records, as of April 7, 2026

Owner of Record	Company Name on File
Mailing Address	530 S PHILLIPS AVE, SIOUX FALLS, SD 57104-6825
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 18, 2019	Deed of Trust, Mortgage · Line of Credit FIRST BANK & TRUST
Jun 9, 2021	Deed of Trust, Mortgage · Commercial Mortgage FIRST BANK & TRUST
Mar 10, 2022	Transfer on Death Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Jun 8, 2026

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLAY SD
Property Address	400 CARR ST, VERMILLION, SD 57069-1723
Transaction Type	Mortgage
Record Updated	Mar 17, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0MT142/447
Date	Oct 18, 2019
Book Page	MT142/447
Instrument	141650

Lender

Name	FIRST BANK & TRUST
Type	Bank
Address	SIOUX FALLS, SD 57101

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CLAY SD
Property Address	400 CARR ST, VERMILLION, SD 57069-1723
Transaction Type	Mortgage
Record Updated	Mar 17, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	530 S PHILLIPS AVE, SIOUX FALLS, SD 57104-6825

Mortgage

Document Number	0MT144/962
Date	Jun 9, 2021
Book Page	MT144/962
Instrument	145510

Lender

Name	FIRST BANK & TRUST
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

March 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	CLAY SD
Recording Date	Mar 10, 2022
Property Address	400 CARR ST, VERMILLION, SD 57069-1723
Document Number	0MIS50/743
Book / Page	MIS50 / 743
Instrument Date	Mar 10, 2022
Instrument	147334
Transaction Type	Transfer
Record Updated	Mar 16, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4218 E MAIN ST, VERMILLION, SD 57069-7043

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	400 CARR ST APT 301, 301, VERMILLION, SD 57069-1752

Tax Assessment & Valuation

The 2025 property tax bill for 400 Carr St was $38,572.

Source: Clay County assessment roll, as of September 9, 2025

Property Jurisdictions

Type	Name
State	South Dakota
County	Clay County
Municipality	Vermillion City
Unified School District	Vermillion School District 13-1 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2025	$38,572.00	$1,792,220 Land $439,185 Building $1,328,129
2023	$34,885.00 (+4.53%)	$1,400,353 Land $383,033 Building $1,017,320
2022	$33,372.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 400 Carr St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 29, 2020

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 400 Carr St is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 96% of South Dakota
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CLAY RURAL WATER SYSTEM private · serves 4,780 people · EPA ID SD4600626
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 291 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Bluepeak Fiber	5,000 / 5,000
Midco Cable	1,250 / 250
Verizon Fixed Wireless	300 / 20
Nextlink Fixed Wireless	100 / 20

May also be available: Santel.

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