NOT LISTED FOR SALE

503 Southwood Dr Bedford, IN 47421

Estimated Value: $244,000 - $279,000

3 Beds
2 Baths
2,261 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $108,500 $48 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,551/month

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Wood Burning Fireplace
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

VERY UNIQUE, 3 BEDROOM, 2 BATH HOME WITH 19X12 LIVING RM WITH FIREPLACE AND A 24X24 FAMILY ROOM WITH FIREPLACE. SMALL DEN IN BASEMENT ALSO HAS A FIREPLACE. THIS HOME OFFERS YOUR GROWING FAMILY ALL THE ROOM IT NEEDS.

Last Agent to Sell the Property

Karen Goodwine

Williams Carpenter Realtors Listed on: 03/18/2014

Williams Carpenter Realtors

Last Buyer's Agent

Camela Pierce

Williams Carpenter Realtors

Williams Carpenter Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 71 x 157

Home Design

  • Ranch Style House

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Partially Finished Basement
  • Block Basement Construction
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Edge Wood / Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47-06-22-211-026.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,131

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: EDGEWOOD LOT 55 71X157 |
  • Parcel Number ID: 47-06-22-211-026.000-010
  • Platted: Yes
  • Amenities: Cable Ready, Ceilings-Vaulted, Countertops-Laminate, Deck Open, Porch Covered
  • Improvmnts In Last5 Yrs: Yes
  • Road Access: City
  • Section Number: 22
  • Year Taxes Payable: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2597
  • Total Finished Sq Ft: 2261
  • Above Grade Finished Sq Ft: 1876
  • Below Grade Finished Sq Ft: 385
  • Above Grade Unfinished Sq Ft: 336
  • Price Per Sq Ft: 57.84
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Fireplace: Gas Log, Wood Burning, Vented
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 24x24, On Level: Main
  • Den: Dimensions: 11x10, On Level: Basement
  • Extra Room: GUEST OR HOBBY AREA, Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x8, On Level: Upper
  • Main Level Sq Ft: 2212
  • Total Below Grade Sq Ft: 385

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Carport

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Bedford City Utilities
  • Cable Company: Comcast
  • Laundry: Dimensions: Basementx6, On Level: 12

Schools

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

Lot Info

  • Lot Dimensions: 71 X 157
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26

Tax Info

  • Annual Taxes: 1131
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Bedford-North Lawrence
  • Middle School: Bedford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 15, 2014
Sold by
David Jerome David Jerome
Bought by
Cooper Collin S and Cooper Joyce
Seller's Agent
Karen Goodwine
Williams Carpenter Realtors
Buyer's Agent
Camela Pierce
Williams Carpenter Realtors
List Price
$109,900
Sold Price
$108,500
Premium/Discount to List
-$1,400
-1.27%
Current Estimated Value
$262,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,556
Avg. Annual Appreciation
6.17%
Original Mortgage
$97,650
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2009
Sold by
Sobiech Margaret L
Bought by
Matthews David Jerome
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
Cooper Collin S -- --
Matthews David Jerome $97,000 Thomas Title Company Inc
David Jerome Matthews $97,000 Thomas Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Collin S $106,550
Closed Cooper Colin S $19,000
Closed Cooper Collin S $97,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $108,500 -1.3% $48 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $109,900 -- $49 / 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 $1,854 $185,400 $19,500 $165,900
2023 $1,694 $169,400 $18,800 $150,600
2022 $1,580 $158,000 $18,400 $139,600
2021 $1,441 $144,100 $17,700 $126,400
2020 $1,364 $136,400 $17,100 $119,300
2019 $1,310 $131,000 $16,800 $114,200
2018 $1,298 $129,800 $16,600 $113,200
2017 $1,271 $127,100 $16,300 $110,800
2016 $1,258 $125,800 $16,000 $109,800
2014 $1,151 $115,100 $16,000 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20078697

Indiana Regional MLS

APN: 47-06-22-211-026.000-010