$225,000
PENDING $10K PRICE DROP

473 Gunsmith School Rd Bedford, IN 47421

Estimated payment $1,219/month

Total Views 35,937
3 Beds
3 Baths
1,234 Sq Ft
$182 Price per Sq Ft

Highlights

  • 270 Feet of Waterfront
  • Partially Wooded Lot
  • Whirlpool Bathtub
  • Primary Bedroom Suite
  • Ranch Style House
  • Walk-In Pantry

About This Home

This is a 3-bedroom 3-bath house that was once a gunsmithing school and was built to Indiana School code in 1980. It sits on 4.03 Acres +/_ partially wooded with a creek with a small waterfall running through the woods at the bottom. There is a Pistol range and a 100-yard rifle range on the property. The house has 2 bedrooms and 2 baths on one side and a single bedroom and bathroom attached that could be rented for extra income. The house is handicap accessible, and has a 12 x 16 shed for storage or could be used as a she shed. This home is a must-see. Close to Shawswick Elementary and 10 min. from BNL. Privacy galore. This property has mature timber on it as well.

Listing Agent

David Mullis

Keach & Grove Real Estate, LLC Brokerage Email: mullisdavid56@gmail.com Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $246

Year Built

  • Built in 1980

Lot Details

  • 4.03 Acre Lot
  • Lot Dimensions are 163x720x270x468x343
  • 270 Feet of Waterfront
  • Creek or Stream
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • Woodwork
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven or Range

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 47-07-27-200-010.000-009
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$246

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 45
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: SEC 27 TWP 5 R1E 5.02A SW COR S 1/2 SW NW
  • Parcel Number ID: 47-07-27-200-010.000-009
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Jet Tub, Natural Woodwork, Pantry-Walk In, Patio Open, Range/Oven Hook Up Gas, Tub and Separate Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Rural
  • County Zoning: Unknown
  • Year Taxes Payable: Fall 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1234
  • Total Finished Sq Ft: 1234
  • Above Grade Finished Sq Ft: 1234
  • Price Per Sq Ft: 182.33
  • Basement Foundation: Slab
  • Flooring: Carpet, Concrete, Tile
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 17x9, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 21x12, On Level: Main
  • Bedroom 3: Dimensions: 15x9, On Level: Main
  • Main Level Sq Ft: 1234
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Outbuilding, Dimensions: 16x12
  • Water Frontage: 270

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Jackson Co REMC
  • Water Company: E Lawrence Water
  • Cable Company: Dish Network
  • Hvac: HVAC (16 Seer+)
  • Laundry: Dimensions: Mainx6, On Level: 6
  • Water Type: Creek

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront, Wooded, Waterfront-Medium Bank
  • Lot Dimensions: 163x720x270x468x343
  • Estimated Lot Sq Ft: 175546
  • Estimated Lot Size Acres: 4.03

Tax Info

  • Annual Taxes: 245.74
  • Exemptions: Homestead, Mortgage, Over 65, Supplemental

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 $410 $110,700 $18,500 $92,200
2023 $316 $97,500 $17,800 $79,700
2022 $246 $90,500 $17,000 $73,500
2021 $121 $80,000 $14,400 $65,600
2020 $108 $78,000 $14,000 $64,000
2019 $101 $69,700 $13,600 $56,100
2018 $90 $67,400 $13,400 $54,000
2017 $79 $64,700 $12,900 $51,800
2016 $77 $63,900 $12,500 $51,400
2014 $1,035 $126,100 $22,900 $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Pending -- -- --
08/12/2025 08/12/25 Price Changed $225,000 -4.3% $182 / Sq Ft
06/02/2025 06/02/25 For Sale $235,000 -- $190 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $61,224 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202521058

Indiana Regional MLS

APN: 47-07-27-200-010.000-009