$249,900

518 P St Bedford, IN 47421

Estimated payment $1,581/month

Total Views 11,715
2 Beds
2 Baths
1,112 Sq Ft
$225 Price per Sq Ft

Highlights

  • Covered patio or porch
  • Double Vanity
  • Central Air
  • 1 Car Detached Garage
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

Welcome to this ideal investment opportunity! Nestled in a charming neighborhood, this turnkey 2-bedroom, 2-bathroom Airbnb property is the epitome of hassle-free investment. Boasting a full year's income and a track record as a consistent income producer, this home is a golden opportunity for savvy investors. Upon entering, you'll be greeted by a thoughtfully designed and fully furnished living space. The modern décor and cozy ambiance make it a welcoming retreat for guests seeking a home away from home. The spacious living room is perfect for relaxation, with ample seating and entertainment options. There is a detached garage in the rear of the home for parking and off street parking is also available.

Listing Agent

Stacy Lafferty

RE/MAX Acclaimed Properties Brokerage Phone: 812-583-7553 Listed on: 04/16/2025

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 62 x 91
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Countertops
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 47-06-14-201-015.000-010

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,850
  • Insurance Expense $2,334
  • Maintenance Expense $3,409
  • Water Sewer Expense $1,021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,384

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Age: 105
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Dunns Sub Lot 10 BLK A (61.5 x 91)
  • Parcel Number ID: 47-06-14-201-015.000-010
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Cable Ready, Countertops-Laminate, Deck Open, Garage Door Opener, Porch Covered, Twin Sink Vanity, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Annual Miscellaneous: 3796.68
  • Monthly Gross Income: 1806
  • Year Taxes Payable: 2025
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2072
  • Total Finished Sq Ft: 1112
  • Above Grade Finished Sq Ft: 1112
  • Below Grade Sq Ft: 960
  • Price Per Sq Ft: 224.73
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1112
  • Total Below Grade Sq Ft: 960
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 280

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bedford City Utilities
  • Cable Company: Comcast/Xfinity
  • Annual Electric: 1850
  • Annual Insurance Expense: 2333.64
  • Annual Maintenance Expense: 3409.19
  • Annual Water Sewer Expense: 1021
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62 x 91
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Owner Pays: Building Insurance, Cable, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 1805.62
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1

Tax Info

  • Annual Property Tax: 2384

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 $2,384 $119,200 $9,500 $109,700
2023 $1,936 $96,800 $9,200 $87,600
2022 $1,818 $90,900 $8,900 $82,000
2021 $690 $81,600 $8,500 $73,100
2020 $578 $77,000 $8,100 $68,900
2019 $118 $73,200 $7,800 $65,400
2018 $106 $71,900 $7,700 $64,200
2017 $80 $68,800 $7,500 $61,300
2016 $75 $68,400 $7,500 $60,900
2014 $174 $69,000 $7,500 $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $249,900 0.0% $225 / Sq Ft
04/16/2025 04/16/25 For Sale $249,900 -- $225 / Sq Ft
Source: Indiana Regional MLS

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Source: Indiana Regional MLS

MLS Number: 202513103

Indiana Regional MLS

APN: 47-06-14-201-015.000-010