3324 Patrick Robbins Way Bedford, IN 47421
Estimated payment $16,001/month
About This Lot
Exceptional Commercial Opportunity with Prime Highway Frontage. Don’t miss this outstanding 43.12-acre undeveloped parcel located within city limits and offering high visibility along State Road 37. With a mix of open fields and mature woods, this B-3 zoned property presents limitless potential for development—ideal for commercial ventures, shopping centers, office buildings, retail, or recreational use. Featuring approximately 2,000 feet of road frontage on SR 37, this site ensures excellent exposure and convenient access. Soil and environmental testing have already been completed, and utilities—including Duke Energy, CenterPoint, Bedford City Utilities, and Comcast—are available at the road. Additional improvements include a 500-foot gravel lane and 17–18 acres already cleared and nearly ready for construction. This is a rare opportunity to secure a well-located property perfect for long-term growth and development.
Property Details
Property Type
- Land
Est. Annual Taxes
- $264
Lot Details
- 43.12 Acre Lot
- Property fronts a state road
- Finished Lot(s)
- Subdivision Possible
Parking
- Gravel Driveway
Schools
- Parkview Elementary School
- Bedford Middle School
- Bedford-North Lawrence High School
Utilities
- Heating System Uses Gas
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 47-06-21-400-055.000-010
Map
Home Values in the Area
Average Home Value in this Area
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 | $98 | $4,900 | $4,900 | $0 |
| 2023 | $82 | $4,100 | $4,100 | $0 |
| 2022 | $64 | $3,200 | $3,200 | $0 |
| 2021 | $54 | $2,700 | $2,700 | $0 |
| 2020 | $54 | $2,700 | $2,700 | $0 |
| 2019 | $66 | $3,300 | $3,300 | $0 |
| 2018 | $70 | $3,500 | $3,500 | $0 |
| 2017 | $80 | $4,000 | $4,000 | $0 |
| 2016 | $84 | $4,200 | $4,200 | $0 |
| 2014 | $174 | $8,700 | $8,700 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $2,999,000 | -20.0% | -- |
| 04/23/2025 04/23/25 | For Sale | $3,750,000 | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202514676
APN: 47-06-21-400-055.000-010
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