$299,000
$66K PRICE DROP

1714 M St Bedford, IN 47421

Estimated payment $1,796/month

Total Views 25,885
4 Beds
4 Baths
3,080 Sq Ft
$97 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • Level Lot

About This Home

Great Investment Property! 100% occupied. Three 1BD/1BA and One 2BD/1BA apartment. There is space in the front of the property that can be used for storage or office space. The outside entrance to the partial basement. The basement offers additional dry storage space. There is a large carport, 32 x 13, and additional paved parking. Financials are available upon request! 48-hour notice is required for showings. Over 7% CAP Rate!

Listing Agent

Amy Rhoda

Revestco LLC Listed on: 10/22/2023

Co-Listing Agent

Chris Cockerham

FC Tucker/Bloomington REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x93
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 47-06-23-121-013.000-010

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,600
  • Fuel Expense $106
  • Insurance Expense $1,200
  • Maintenance Expense $2,500
  • Water Sewer Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,436

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1915
  • Age: 110
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ORIG LOT 276 60 X 93 & S 1/2 OF S 1/2 LOT 238 50 X 45
  • Parcel Number ID: 47-06-23-121-013.000-010
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Monthly Gross Income: 4050
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3080
  • Total Finished Sq Ft: 3080
  • Above Grade Finished Sq Ft: 3080
  • Price Per Sq Ft: 97.08
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Laminate, Mixed, Part Carpet
  • Number Of Ranges Ovens: 4

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Lot, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Water Company: Bedford City Utilities
  • Cable Company: Comcast/Xfinity
  • Annual Electric: 2600
  • Annual Fuel Expense: 106
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 1700

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x93
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 4050
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2436

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,218 $210,900 $11,200 $199,700
2023 $3,898 $194,900 $10,900 $184,000
2022 $3,594 $179,700 $10,600 $169,100
2021 $2,126 $157,600 $10,200 $147,400
2020 $1,669 $126,400 $9,900 $116,500
2019 $2,436 $121,800 $9,500 $112,300
2018 $2,362 $118,100 $9,400 $108,700
2017 $2,170 $108,500 $9,200 $99,300
2016 $2,082 $104,100 $5,800 $98,300
2014 $2,150 $107,500 $5,800 $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $299,000 -9.4% $97 / Sq Ft
04/23/2025 04/23/25 Price Changed $329,900 -2.2% $107 / Sq Ft
03/11/2025 03/11/25 For Sale $337,400 0.0% $110 / Sq Ft
03/02/2025 03/02/25 Off Market $337,400 -- --
07/02/2024 07/02/24 For Sale $337,400 0.0% $110 / Sq Ft
07/02/2024 07/02/24 Price Changed $337,400 -2.2% $110 / Sq Ft
07/02/2024 07/02/24 Off Market $344,900 -- --
02/21/2024 02/21/24 Price Changed $344,900 -1.4% $112 / Sq Ft
02/16/2024 02/16/24 Price Changed $349,900 -1.4% $114 / Sq Ft
01/05/2024 01/05/24 For Sale $354,900 0.0% $115 / Sq Ft
01/01/2024 01/01/24 Off Market $354,900 -- --
12/19/2023 12/19/23 Price Changed $354,900 -1.4% $115 / Sq Ft
11/10/2023 11/10/23 Price Changed $359,900 -1.4% $117 / Sq Ft
10/22/2023 10/22/23 For Sale $364,900 +82.5% $118 / Sq Ft
05/21/2021 05/21/21 Sold $200,000 +0.1% $51 / Sq Ft
02/12/2021 02/12/21 For Sale $199,900 -- $51 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202338858

Indiana Regional MLS

APN: 47-06-23-121-013.000-010