601 S Phillips Ave, #101, Sioux Falls, SD 57104 Property Records

Minnehaha County property record for 601 S Phillips Ave, #101, Sioux Falls, SD 57104

Property Summary

Property Type	Office Building
Details	3 ba · 1,890 sqft · built 1941
Lot Size	0.15 acres (6,521 sqft)
Owner	Company Name on File
Last Sale	$557,500 (Dec 2013)
Tax Bill	$4,130 (2025)
Deeds & Mortgages	Jan 2020 Line of Credit Dec 2019 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`01-22-21-115-018-000`

Property Details

APN / Parcel Number

Primary APN	`01-22-21-115-018-000`
Alternative APN	`32487`

Interior

Full Baths	3 Baths
Plumbing Fixtures	7 Plumbing Fixtures
Units	2 Units
Stories	1 Story
Building Area	1,890 sqft Heated Area
Gross Area	6,402 sqft
1st Floor Area	3,201 sqft
Upper Floors Area	3,201 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1941
Effective Year Built	Effective 1983
Exterior Material	Wood Siding
Construction Type	Frame
Foundation Type	Concrete
Roof Type	Gable
Roof Material	Asphalt
Lot Area	6,521 sqft (0.15 acres)
Lot Dimensions	158 ft deep x 75 ft wide
Parking Spaces	13 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	32487
Street Address	601 S PHILLIPS AVE, 101
City	SIOUX FALLS
State	SD
Zip	57104-4928
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	UNIT 101 PHILLIPS PLACE CONDO N12 LOT 11 & ALL (EX H-1) GALES 3RD ADDN TO CIT Y OF SIOUX FALLS 12 BLOCK 30 GALE`S 3RD ADDN TO SIOUX FALLS
Legal Subdivision	GALES 3RD ADDN
Legal Block	30
Legal Lot Number	11
Legal Unit	101
Jurisdiction	MINNEHAHA SD
Township / Civil Division	SIOUX FALLS
Census Block Group	2
Census Block	2001
Census Tract	600

Owner

601 S Phillips Ave, #101 is owned by a company that bought it in December 2013.

Source: Minnehaha County records, as of September 23, 2026

Owner of Record	Company Name on File
Mailing Address	601 S PHILLIPS AVE, 101, SIOUX FALLS, SD 57104-4928
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
Jan 16, 2020	Deed of Trust, Mortgage · Line of Credit FRONTIER BANK
Dec 26, 2019	Deed of Trust, Mortgage · Conventional Mortgage FRONTIER BANK
Aug 28, 2019	Deed of Trust, Mortgage · Stand-Alone Second Mortgage FRONTIER BANK
Dec 26, 2019	Deed of Trust, Mortgage · Commercial Mortgage FRONTIER BANK
Jan 31, 2023	Deed of Trust, Mortgage · Line of Credit FRONTIER BANK
Dec 18, 2013	Warranty Deed, Transfer · Commercial Mortgage THE FIRST NATIONAL BANK IN SIOUX FALLS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 18, 2013 · Amount on File
Deed Sale	Dec 18, 2013 · Amount on File
Deed Document Number	2013335828
Deed Book / Page	553 / 540
Record Updated	Oct 29, 2026

January 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	1876MTG/0144
Date	Jan 16, 2020
Book Page	1876 MTG/0144

Lender

Name	FRONTIER BANK
Type	Bank
Address	SIOUX FALLS, SD 57108

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	180 Months
Due	Jan 8, 2035

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Transaction Type	Mortgage
Record Updated	May 12, 2026
Title Company	FIRST DAKOTA TITLE LLC, FIRST DAKOTA TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	1874MTG/0757
Date	Dec 26, 2019
Book Page	1874 MTG/0757

Lender

Name	FRONTIER BANK
Type	Bank
Address	ROCK RAPIDS, IA 51246

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2050

Interest

Rate Type	Adjustable Rate
Rate	4.25%
Type Change Date	Jan 1, 2025
Change Frequency	5 Years
Min Rate At Change	4.25%
Max Rate At Change	6.75%
Index	5-Year CMT
Max Rate	10.2%

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	1865MTG/0839
Date	Aug 28, 2019
Book Page	1865 MTG/0839

Lender

Name	FRONTIER BANK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record
Term	6 Months
Due	Feb 10, 2020

December 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	1874MTG/0756
Date	Dec 26, 2019
Book Page	1874 MTG/0756

Lender

Name	FRONTIER BANK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	301 Months
Due	Jan 5, 2045

Interest

Rate Type	Adjustable Rate

January 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MINNEHAHA SD
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	601 S PHILLIPS AVE 201, 201, SIOUX FALLS, SD 57104-4928

Mortgage

Document Number	1965MTG/763
Date	Jan 31, 2023
Book Page	1965 MTG/763

Lender

Name	FRONTIER BANK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	239 Months
Due	Dec 30, 2042

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2013: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MINNEHAHA SD
Recording Date	Dec 18, 2013
Property Address	601 S PHILLIPS AVE STE 101, 101, SIOUX FALLS, SD 57104-4928
Document Number	000553/540
Book / Page	553 / 540
Instrument Date	Dec 16, 2013
Instrument	335828
Transaction Type	Transfer
Record Updated	May 12, 2026
Title Company	GETTY ABSTRACT AND TITLE COMPANY, GETTY ABSTRACT & TITLE COMPA

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$557.50
Amount Accuracy	Full Amount from Assessment
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1208 W 51ST ST, SIOUX FALLS, SD 57105-6618

Mortgage

Document Number	001749/754
Date	Dec 18, 2013
Book Page	1749/754
Instrument	335910

Lender

Name	THE FIRST NATIONAL BANK IN SIOUX FALLS
Type	Seller
Address	100 S PHILLIPS AVE, SIOUX FALLS, SD 57104

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Dec 17, 2018

Tax Assessment & Valuation

The 2025 property tax bill for 601 S Phillips Ave, #101 was $4,130.

Source: Minnehaha County assessment roll, as of July 16, 2026

Property Jurisdictions

Type	Name
State	South Dakota
County	Minnehaha County
Municipality	Sioux Falls City
Unified School District	Sioux Falls School District 49-5 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$271,000 (+7.97%) Land $41,300 Building $229,700	$271,000 Land $41,300 Building $229,700
2025	$4,130.00	$251,000 (-28.18%) Land $39,800 Building $211,200
2024	$4,130.00	$349,500 Land $39,800 Building $309,700
2022	$7,568.00	$409,900 Land $91,300 Building $318,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 601 S Phillips Ave, #101 in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 2, 2024

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

The area around 601 S Phillips Ave, #101 has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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	SIOUX FALLS serves 216,462 people · EPA ID SD4600294
Water Source	Surface water
Last State Inspection	Jun 2025
Lead	3 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 201 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Midco Cable · Fiber in parts of the area	2,000 / 1,000
AT&T Fixed Wireless	100 / 20

May also be available: Bluepeak, CenturyLink, Verizon.

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