$300,000
SOLD OCT 25, 2024

1721 27th St Bedford, IN 47421

5 Beds
5 Baths
2,800 Sq Ft
0.32 Acres

Recently Sold

$107 Per Sq Ft

14% Below List Price

42 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property

About This Home

As of October 2024

CURRENTLY RENTED, EXCELLENT TENANTS! - Very well maintained, 5-unit income producing property with an additional 5-unit storage facility. Long-term tenants make this property one for the true investor looking to build an investment portfolio or grow their current business. Historically, this property stays rented with long standing, good tenants. Metal roof on both the residential and storage buildings. Ample asphalt parking areas and easy access for deliveries to storage units. Subject to tenants rights. Tenants pay Duke. Updated roof in 2009, updated HVAC in 2017. 48 hour notice to show.

Last Agent to Sell the Property

Bobbi Benish

Benish Real Estate Group Brokerage Phone: 765-437-3650 Listed on: 08/07/2024

Last Buyer's Agent

Christina Root

Hawkins & Root Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1975

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for maintenance, trash collection, water
  • Assessor Parcel Number 47-06-23-303-009.000-010

Community Details

Overview

  • 5 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,002
  • Maintenance Expense $491
  • Water Sewer Expense $4,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,796

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1975
  • Age: 49
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: MELTERS PT LOT 5 BLK D 7/14/2015 Contract:Hoosier Property Solutions, LLC by Jo n Pritchett
  • Parcel Number ID: 47-06-23-303-009.000-010
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 85.74
  • Annual Miscellaneous: 1031.96
  • Monthly Gross Income: 3400
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 2800
  • Price Per Sq Ft: 107.14
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Brick
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2001.54
  • Annual Maintenance Expense: 490.73
  • Annual Water Sewer Expense: 4443.42

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 0-2.9999
  • Lot Dimensions: 0.32 acres
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 3400
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 5
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2796

MLS Schools

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $300,000 -14.3% $107 / Sq Ft
08/07/2024 08/07/24 For Sale $349,900 -- $125 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bobbi Benish

    Seller's Agent in 2024

    Bobbi Benish

    Benish Real Estate Group

    (765) 437-3650

    187 Total Sales

    Bobbi Benish
    Section Image
  • Christina Root

    Buyer's Agent in 2024

    Christina Root

    Hawkins & Root Real Estate

    (812) 583-1887

    252 Total Sales

    Christina Root
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202429859

Indiana Regional MLS
Indiana Lawrence County Bedford 47421

1721 27th St, Bedford, IN

This home is located at 1721 27th St, Bedford, IN 47421 and is currently priced at $300,000, approximately $107 per square foot. This property was built in 1975. 1721 27th St is a home located in Lawrence County with nearby schools including Bedford North Lawrence High School, St. Vincent de Paul School, and Stone City Christian Academy.

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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