NOT LISTED FOR SALE

501 Southwood Dr Bedford, IN 47421

Estimated Value: $199,000 - $230,840

3 Beds
1.5 Baths
1,786 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $125,000 $70 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,295/month

3 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Tile Flooring
  • 2 Fireplaces
  • Built-in Bookshelves
  • Central Air

About This Home

As of July 2014

3 BEDROOM, 2 BATH RANCH OVER FULL BASEMENT WITH 2 CAR GARAGE. FEATURES HARDWOOD FLOORS & FIREPLACE.

Last Agent to Sell the Property

Gary West

RE/MAX Acclaimed Properties Brokerage Phone: 812-453-9838 Listed on: 04/15/2014

RE/MAX Acclaimed Properties

Last Buyer's Agent

Jack Jones

Indiana Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 96x142
  • Sloped Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Stone Exterior Construction
  • Composite Building Materials

Interior Spaces

  • Built-in Bookshelves
  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Schools

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

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 47--6-22-211-025.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: EDGEWOOD LOT 54 83X142 |
  • Parcel Number ID: 47--6-22-211-025.000-010
  • Platted: Yes
  • Amenities: Built-In Bookcase, Eat-In Kitchen, Range/Oven Hook Up Gas
  • Section Number: 22
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2013
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2272
  • Total Finished Sq Ft: 1786
  • Above Grade Finished Sq Ft: 1136
  • Below Grade Finished Sq Ft: 650
  • Below Grade Sq Ft: 486
  • Price Per Sq Ft: 110.04
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 18x11, On Level: Main
  • Dining Room: Dimensions: 14x10, On Level: Main
  • Recreation Room: Dimensions: 25x11, On Level: Basement
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 14x10, On Level: Main
  • Other Room1: Bathroom, Dimensions: 8x6, On Level: Main
  • Other Room 2: Bathroom, Dimensions: 6x4, On Level: Basement
  • Main Level Sq Ft: 1136
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1136

Exterior Features

  • Exterior: Stone
  • Roof Material: Composite
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Basementx7, On Level: 9

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: Slope
  • Lot Dimensions: 96X142
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 1065

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
Apr 15, 2014
Closed on
Jul 18, 2014
Sold by
Aaron J Aaron J and Wagoner Amy Beth
Bought by
Terry Ryan G and Terry Jaymie
Seller's Agent
Gary West
RE/MAX Acclaimed Properties
Buyer's Agent
Jack Jones
Indiana Real Estate Connection
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$216,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,710
Avg. Annual Appreciation
4.39%
Original Mortgage
$127,551
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Mercer Patrick A and Mercer Margaret L
Bought by
Wagoner Aaron J and Wagoner Amy Beth

Purchase Details

Closed on
Apr 26, 2007
Sold by
Ayres Rosemary
Bought by
Mercer Patrick A and Mercer Margaret L
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
Terry Ryan G -- --
Wagoner Aaron J $107,500 Thomas Title Company Inc
Amy Aaron J $107,500 Thomas Title Company Inc
Mercer Patrick A $95,000 Thomas Title 917 15Th Street
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Ryan G $115,689
Closed Terry Ryan G $127,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $125,000 0.0% $70 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $125,000 -- $70 / 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 $1,677 $167,700 $19,000 $148,700
2023 $1,534 $153,400 $18,400 $135,000
2022 $1,415 $143,100 $17,900 $125,200
2021 $1,260 $127,500 $17,300 $110,200
2020 $1,231 $120,500 $16,600 $103,900
2019 $1,185 $115,900 $16,300 $99,600
2018 $1,175 $114,900 $16,200 $98,700
2017 $1,131 $110,700 $15,900 $94,800
2016 $1,120 $109,600 $15,600 $94,000
2014 $1,082 $106,000 $15,500 $90,500
2013 -- $104,300 $15,600 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201432527

Indiana Regional MLS

APN: 47-06-22-211-025.000-010