NOT LISTED FOR SALE

1318 Beech St Bedford, IN 47421

Estimated Value: $213,000 - $472,000

12 Beds
6 Baths
4,752 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $407,303 $86 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,309/month

369 Days on Market

Highlights

  • Laundry in Utility Room
  • Ceiling Fan
  • Carpet
  • Central Air
  • Level Lot

About This Home

As of February 2022

Great Investment with excellent rental history! 100% occupied six-plex with a great rental history! This property consists of 3 separate buildings with two duplexes per building. Each duplex is 2 story, 2BD/1BA with washer/dryer hook ups. Kitchen and living room on main level, and bedrooms and bath on upper. Tenants are responsible for their own utilities. Great NOI and Cap Rate at 8.44%

Last Agent to Sell the Property

Amy Rhoda

Revestco LLC Listed on: 10/01/2020

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x129
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Block Basement Construction
  • Fire and Smoke Detector
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Gravel Driveway
  • Parking Lot

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, water
  • The owner pays for lawn maintenance, tax
  • Assessor Parcel Number 47-06-15-430-039.000-010

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Electric Expense $1,179
  • Fuel Expense $769
  • Insurance Expense $595
  • Maintenance Expense $4,203
  • Trash Expense $8
  • Water Sewer Expense $2,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,760

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1997
  • Age: 25
  • Style: Two Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: HILLCREST LOTS 43-44 100 X 129
  • Parcel Number ID: 47-06-15-430-039.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Detector-Smoke, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97
  • Monthly Gross Income: 4025
  • Special Features: None

Interior Features

  • Total Sq Ft: 4752
  • Total Finished Sq Ft: 4752
  • Above Grade Finished Sq Ft: 4752
  • Price Per Sq Ft: 85.71
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 2376
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 12
  • Parking: Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bedford City Utilities
  • Cable Company: Comcast, DirectTV
  • Annual Electric: 1179.33
  • Annual Fuel Expense: 769.43
  • Annual Insurance Expense: 595.36
  • Annual Maintenance Expense: 4203.27
  • Annual Trash Expense: 8
  • Annual Water Sewer Expense: 2708
  • Number Of W D Hookups: 6

Schools

  • School District: North Lawrence Community Schools
  • Elementary School: Parkview
  • Middle School: Bedford
  • High School: Bedford-North Lawrence

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100x129
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Cable, Electric, Water

Multi Family

  • Gross Monthly Rent: 4100
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of2 Bedrooms: 6
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 4760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 10, 2022
Sold by
Beach St Bdf Llc
Bought by
Jp 5Th Ventures Llc
Seller's Agent
Amy Rhoda
Revestco LLC
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$449,000
Sold Price
$407,303
Premium/Discount to List
-$41,697
-9.29%
Current Estimated Value
$342,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,859
Avg. Annual Appreciation
-4.59%

Purchase Details

Closed on
Jun 18, 2009
Sold by
Eyster Sheila A
Bought by
Prickett Michael and Riggs Terry
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jp 5Th Ventures Llc $407,303 Titleplus
Prickett Michael $121,500 Classic Title
Michael Prickett $121,500 Classic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $407,303 -3.0% $86 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
01/02/2021 01/02/21 Price Changed $419,900 -6.5% $88 / Sq Ft
10/01/2020 10/01/20 For Sale $449,000 -- $94 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,152 $307,600 $16,100 $291,500
2023 $4,850 $242,500 $15,600 $226,900
2022 $4,664 $233,200 $15,100 $218,100
2021 $4,226 $211,300 $14,400 $196,900
2020 $3,988 $199,400 $13,700 $185,700
2019 $3,238 $161,900 $13,200 $148,700
2018 $3,180 $159,000 $13,000 $146,000
2017 $3,146 $157,300 $12,700 $144,600
2016 $3,192 $159,600 $12,700 $146,900
2014 $3,156 $157,800 $12,700 $145,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amy Rhoda

    Revestco LLC

    (812) 583-0919

    82 Total Sales

    Amy Rhoda
    Section Image

  • B

    Buyer's Agent in 2022

    BLOOM NonMember

    NonMember BL

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Map

Source: Indiana Regional MLS

MLS Number: 202039865

Indiana Regional MLS

APN: 47-06-15-430-039.000-010

Indiana Lawrence County Bedford 47421

1318 Beech St, Bedford, IN

This home is located at 1318 Beech St, Bedford, IN 47421 since 01 October 2020 and is currently estimated at $342,444, approximately $72 per square foot. This property was built in 1997. 1318 Beech St is a home located in Lawrence County with nearby schools including Bedford North Lawrence High School, Stone City Christian Academy, and Oolitic Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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