NOT LISTED FOR SALE

1801 5th St Bedford, IN 47421

Estimated Value: $67,000 - $150,000

4 Beds
3 Baths
2,781 Sq Ft
$44/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $120,327 $43 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $651/month

171 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Eat-In Kitchen
  • Ceiling Fan
  • Wood Siding

About This Home

As of January 2021

GREAT INVESTMENT OPPORTUNITY! Agreed purchase price will include 3 Units located on a city lot. Tenant pays electric/cable. Owner pays water/sewer. Total Rent: $1,900.00 a month. UNITS INCLUDE: The detached house is a duplex with (2) 1 Bedroom, 1 Bath Units. ($1200.00month) 4 Year Updates: Furnace, Water Heater, Roof, and appliances. Converted Garage: 2 Bedroom 1 Bath Unit. ($700.00 a/month). Completely renovated within the last 3 years. All apartments are currently rented. Tenants are very accommodating and make it easy to show.

Last Agent to Sell the Property

Kathryn Blackwell

The Real Estate Co. Listed on: 03/16/2020

Last Buyer's Agent

Mae St Clair

Keach & Grove Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Stone or Rock in Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, deposit value
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 47-06-14-221-020.000-010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 120
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MILLERS PT LOT 41; 8X152 AND W / MCD & O OUT LOT 3
  • Parcel Number ID: 47-06-14-221-020.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 47-06-14-230-016.001-010
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 95.88
  • Monthly Gross Income: 1900
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2781
  • Total Finished Sq Ft: 2781
  • Above Grade Finished Sq Ft: 2781
  • Price Per Sq Ft: 43.27
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 1773
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bedford City Utilities
  • Annual Insurance Expense: 1800
  • Annual Water Sewer Expense: 1560
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: .20
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 1900
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2030

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
Jun 6, 2014
Closed on
Jan 16, 2015
Sold by
Leonard Karen Sue
Bought by
Jeffrey N
Seller's Agent
Chase Blevins
RE/MAX Real Estate Center
Buyer's Agent
Ruby Fletcher - Robertson
Indiana Real Estate Connection
List Price
$42,900
Sold Price
$23,500
Premium/Discount to List
-$19,400
-45.22%
Current Estimated Value
$121,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,167
Avg. Annual Appreciation
16.58%
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
Jeffrey N $23,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $120,327 -4.1% $43 / Sq Ft
11/29/2020 11/29/20 For Sale $125,500 +4.3% $45 / Sq Ft
11/25/2020 11/25/20 Off Market $120,327 -- --
09/17/2020 09/17/20 Off Market $120,327 -- --
09/03/2020 09/03/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $125,500 -3.1% $45 / Sq Ft
03/16/2020 03/16/20 For Sale $129,500 +451.1% $47 / Sq Ft
01/16/2015 01/16/15 Sold $23,500 -45.2% $12 / Sq Ft View Prior Sale
12/08/2014 12/08/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $42,900 -- $21 / 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 $30 $1,500 $1,500 $0
2023 $44 $1,400 $1,400 $0
2022 $42 $1,400 $1,400 $0
2021 $39 $1,300 $1,300 $0
2020 $39 $1,300 $1,300 $0
2019 $36 $1,200 $1,200 $0
2018 $36 $1,200 $1,200 $0
2017 $36 $1,200 $1,200 $0
2016 $36 $1,200 $1,200 $0
2014 $36 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202009805

Indiana Regional MLS

APN: 47-06-14-230-016.001-010