NOT LISTED FOR SALE

1330 I St Bedford, IN 47421

Estimated Value: $260,000 - $623,523

13 Beds
9 Baths
9,106 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $155,000 $17 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,728/month

67 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Carpet
  • Baseboard Heating

About This Home

As of October 2020

ATTENTION INVESTORS! THIS 9 UNIT RENTAL HOME IS 100% LEASED. EACH UNIT HAS ITS OWN WALL AC/HEAT UNIT. APPLIANCES ARE INCLUDED WITH EACH UNIT. DOWNSTAIRS HAS COIN OPERATED WASHER AND DRYERS CREATING ANOTHER REVENUE STREAM RANGING FROM $110-320 MONTHLY. LARGE, PAVED PARKING AREA TO THE SIDE AND BACK OF THE BUILDING WITH PLENTY OF ROOM FOR THE TENANTS TO PARK. LANDLORD PAYS WATER, SEWER, TRASH, ELECTRIC & GAS FOR COMMON AREAS AND THE PROPERTY TAXES. TENANT RESPONSIBLE FOR THEIR OWN ELECTRIC. GREAT OPPORTUNITY IF YOU WANT TO BE A LANDLORD!

Last Agent to Sell the Property

Natasha Johns

Williams Carpenter Realtors Listed on: 06/11/2020

Williams Carpenter Realtors

Last Buyer's Agent

Natasha Johns

Williams Carpenter Realtors Listed on: 06/11/2020

Williams Carpenter Realtors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1910

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 93x180
  • Corner Lot

Home Design

  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Carpet
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Full Bathrooms

Parking

  • 9 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for electric, fuel, trash collection, water
  • Assessor Parcel Number 47-06-14-401-041.000-010

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $2,100
  • Fuel Expense $120
  • Insurance Expense $261
  • Trash Expense $1,140
  • Water Sewer Expense $5,700

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,300

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 110
  • Style: Three Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: ORIG PT LOT 62 93X180
  • Parcel Number ID: 47-06-14-401-041.000-010
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 86.16
  • Monthly Gross Income: 4590
  • Special Features: None

Interior Features

  • Total Sq Ft: 9106
  • Total Finished Sq Ft: 9106
  • Above Grade Finished Sq Ft: 7924
  • Below Grade Finished Sq Ft: 1182
  • Price Per Sq Ft: 19.56
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1182
  • Number Of Ranges Ovens: 9
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2100
  • Annual Fuel Expense: 120
  • Annual Insurance Expense: 261.38
  • Annual Trash Expense: 1140
  • Annual Water Sewer Expense: 5700
  • Number Of W D Hookups: 4

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 93X180
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 4590
  • Number Of Dryers: 2
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 5
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 9

Tax Info

  • Annual Property Tax: 3300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 22, 2020
Sold by
Percival Jeremiah M
Bought by
Sexton 3 Llc
Seller's Agent
Natasha Johns
Williams Carpenter Realtors
Buyer's Agent
Natasha Johns
Williams Carpenter Realtors
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Current Estimated Value
$410,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,841
Avg. Annual Appreciation
21.86%
Original Mortgage
$124,000
Outstanding Balance
$67,510
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$343,331

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 30, 2016
Sold by
Stickle House Llc
Bought by
Percival Jeremiah M
Seller's Agent
Natasha Johns
Williams Carpenter Realtors
Buyer's Agent
Natasha Johns
Williams Carpenter Realtors
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 28, 2016
Sold by
Stickle House Llc
Bought by
Percival Jeremiah M
Seller's Agent
Natasha Johns
Williams Carpenter Realtors
Buyer's Agent
Natasha Johns
Williams Carpenter Realtors
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
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
Sexton 3 Llc -- None Available
Percival Jeremiah M $110,000 --
Percival Jeremiah M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton 3 Llc $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2020 10/22/20 Sold $155,000 -13.8% $17 / Sq Ft
06/11/2020 06/11/20 For Sale $179,900 +63.5% $20 / Sq Ft
12/30/2016 12/30/16 Sold $110,000 -8.3% $14 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $119,900 -- $15 / 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 $6,494 $324,700 $21,300 $303,400
2023 $3,478 $195,200 $20,600 $174,600
2022 $3,786 $189,300 $20,000 $169,300
2021 $3,488 $174,400 $20,000 $154,400
2020 $3,392 $169,600 $19,500 $150,100
2019 $3,300 $165,000 $19,200 $145,800
2018 $3,212 $160,600 $18,800 $141,800
2017 $3,174 $158,700 $18,300 $140,400
2016 $3,290 $164,500 $17,900 $146,600
2014 $3,210 $160,500 $17,600 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202021913

Indiana Regional MLS

APN: 47-06-14-401-041.000-010