NOT LISTED FOR SALE

1322 16th St Bedford, IN 47421

Estimated Value: $99,000 - $166,290

4 Beds
4 Baths
3,266 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $50,000 $15 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $799/month

4 Days on Market

Highlights

  • Wood Flooring
  • Built-in Bookshelves
  • Landscaped
  • Corner Lot
  • Pocket Doors
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

LARGE 4 UNIT APARTMENT BUILDING - ZONED BUSINESS LOCATED ON CORNER LOT ON 16TH STREET IN BEDFORD! GREAT LOCATION! RECENT IMPROVEMENTS INCLUDE RECENT ELECTRIC HEATING AND COOLING UNITS IN EACH UNIT, NEW ELECTRICAL THROUGHOUT, REPLACEMENT WINDOWS. BEAUTIFUL ORIGINAL STAIRWAY, WOODWORK AND HARDWOOD FLOORS.

Last Agent to Sell the Property

Patricia Mullis

RE/MAX Acclaimed Properties Brokerage Phone: 812-276-8341 Listed on: 01/18/2018

RE/MAX Acclaimed Properties

Last Buyer's Agent

David Mullis

Keach & Grove Real Estate, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • Landscaped
  • Corner Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • ENERGY STAR Qualified Windows
  • Pocket Doors
  • Wood Flooring
  • Partially Finished Basement
  • Stone or Rock in Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Parkview Elementary School
  • Bedford Middle School
  • Bedford-North Lawrence High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • Assessor Parcel Number 47-06-23-223-018.000-010

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1905
  • Age: 113
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: W BED W 60' LOT 4 EXC 60X60 S SIDE & 856 SQ FT OFF FRONT OF LOT 4 60X97 |
  • Parcel Number ID: 47-06-23-223-018.000-010
  • Platted: Yes
  • Amenities: Off Street Parking, Built-In Bookcase, Cable Available, Detector-Smoke, Landscaped, Pocket Doors
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.47
  • Year Taxes Payable: 1380.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 4307
  • Total Finished Sq Ft: 3266
  • Above Grade Finished Sq Ft: 3266
  • Below Grade Sq Ft: 1041
  • Price Per Sq Ft: 15.31
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1041

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bedford City Utilities
  • Number Electric Meters: 4
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 60X60, 60X97

Green Features

  • Energy Efficient Windows/Doors: Energy Star Windows

Rental Info

  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 1364

Multi Family

  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 20, 2018
Sold by
Mann Kevin and Mann Shannon
Bought by
Morris Byron and Morris Lawanna
Seller's Agent
Patricia Mullis
RE/MAX Acclaimed Properties
Buyer's Agent
David Mullis
Keach & Grove Real Estate, LLC
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Current Estimated Value
$133,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,573
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Mar 13, 2012
Sold by
Samuel J Craig Sheriff Of Lawrence Count
Bought by
Citizens Guaranty Bank

Purchase Details

Closed on
Sep 25, 2006
Sold by
Scott Free Lnvestments Llc
Bought by
Miller Edward R and Miller Stacy A

Purchase Details

Closed on
May 21, 2006
Sold by
Miller Farm Rentals Llc
Bought by
Miller Stacy A
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
Morris Byron $50,000 Classic Title Inc
Citizens Guaranty Bank $20,000 Donovan Emery Hewetson & Pit
Miller Edward R $137,000 Stone Clty Tltle Company
Miller Stacy A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $50,000 -28.5% $15 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $69,900 0.0% $21 / Sq Ft
09/19/2013 09/19/13 Rented $15,000 -40.0% --
08/08/2013 08/08/13 Under Contract -- -- --
06/21/2013 06/21/13 For Rent $25,000 -- --
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 $1,057 $106,100 $9,800 $96,300
2023 $884 $94,400 $9,400 $85,000
2022 $878 $88,300 $9,200 $79,100
2021 $738 $79,200 $8,900 $70,300
2020 $598 $70,800 $8,600 $62,200
2019 $580 $67,200 $8,400 $58,800
2018 $560 $65,100 $8,200 $56,900
2017 $682 $69,800 $8,000 $61,800
2016 $1,380 $69,000 $7,800 $61,200
2014 $1,356 $67,800 $7,800 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201802100

Indiana Regional MLS

APN: 47-06-23-223-018.000-010