NOT LISTED FOR SALE

624 Riley Blvd Bedford, IN 47421

52 Beds
26 Baths
18,896 Sq Ft
3.25 Acres

Last Sold June 21, 2021

Last sale price $1,300,000 $69 Per Sq Ft

125 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Carpet

About This Home

As of June 2021

Great Investment Opportunity! 13 duplexes. 2BD/1BA with washer/dryer hookups. 3 duplex type building consisting of 6 ranch type duplex units & 7 townhouse type duplex units. All are duplex structures with the townhouse units having the bedrooms on the upper level. Financials available upon request. A rural setting but minutes to the local high school and the down town area. Financials available upon request.

Last Agent to Sell the Property

Amy Rhoda

Revestco LLC Listed on: 12/31/2020

Last Buyer's Agent

Angela Hall

New Start Home Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,770

Year Built

  • Built in 1990

Lot Details

  • 3.25 Acre Lot
  • Rural Setting
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 52 Bedrooms
  • 26 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 52 Parking Spaces
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, water
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 47-06-12-300-059.000-010

Community Details

Overview

  • 26 Units

Building Details

  • Insurance Expense $4,952
  • Maintenance Expense $19,780

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,770

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1990
  • Age: 31
  • Style: One Story
  • Bedrooms: 52
  • Number Above Grade Bedrooms: 52
  • Total Bathrooms: 26
  • Total Full Bathrooms: 26
  • Legal Description: SEC 12 TWP 5 R1W .94A 645 A-B 645 C-D RILEY BLVD SEC 12 TWP; 5 R1W .43A SW SPEER ADD LOT 4 630 A-B RILEY BLVD SEC 12 TWP; 4 R1W SW .234A SPEER ADD LOT 10 - 640 RILEY SEC 12 TWP 5 R1W .783A SPEER ADD LOTS 1 2 3 9 624 A-B 626 A-B 628 A-B 638 A-B
  • Parcel Number ID: 47-06-12-300-059.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Cable Ready, Water Heater Electric
  • Location: Rural Subdivision, Rural
  • Sp Lp Percent: 93.19
  • Annual Miscellaneous: 13473
  • Monthly Gross Income: 16231
  • Special Features: None

Interior Features

  • Total Sq Ft: 18896
  • Total Finished Sq Ft: 18896
  • Above Grade Finished Sq Ft: 18896
  • Price Per Sq Ft: 68.8
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 13072
  • Number Of Ranges Ovens: 26

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 52
  • Parking: Off Site

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bedford City Utilities
  • Cable Company: Comcast
  • Annual Insurance Expense: 4952
  • Annual Maintenance Expense: 19780
  • Number Of W D Hookups: 26

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 3.25 Acre
  • Estimated Lot Sq Ft: 141570
  • Estimated Lot Size Acres: 3.25

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Water

Multi Family

  • Gross Monthly Rent: 16231
  • Number Of Refrigerators: 26
  • Number Of Units: 26
  • Num Of2 Bedrooms: 26
  • Num Of Units Rented: 21

Tax Info

  • Annual Property Tax: 11770

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,300,000 -6.8% $69 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $1,395,000 -- $74 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Amy Rhoda

    Revestco LLC

    (812) 583-0919

    80 Total Sales

    Amy Rhoda
    Section Image
  • Angela Hall

    Buyer's Agent in 2021

    Angela Hall

    New Start Home Realty LLC

    (812) 606-4634

    57 Total Sales

    Angela Hall
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202100089

Indiana Regional MLS
Indiana Lawrence County Bedford 47421

624 Riley Blvd, Bedford, IN

This home is located at 624 Riley Blvd, Bedford, IN 47421 since 31 December 2020. This property was built in 1990. 624 Riley Blvd is a home located in Lawrence County with nearby schools including Bedford North Lawrence High School and St. Vincent de Paul School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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