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$344,900   Price Analysis
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1714 M St
Bedford, IN 47421
4 bed 4 bath 3,080 SqFt ($111/SqFt)
7,841SqFt lot. Built 1915
Listed 2023-10-22, Taxes $3,594
USDA Eligible
near Bedford, IN
 Restrictions may apply
due to home size

Great Investment Property!

100% occupied. Three 1BD/1BA and One 2BD/1BA apartment. There is space in the front of the property that can be used for storage or office space. The outside entrance to the partial basement.

The basement offers additional dry storage space. There s a large carport, 32 x 13 and additional paved parking. Financials are available upon request. 48-hour notice is required for showings. Over 7% CAP Rate!


Presented by Amy Rhoda at
Revestco Llc.


Property MLS #202338858 from IRMLS

Bedrooms: 4

Total Bathrooms: 4 / 0
Full Bathrooms: 4

Cooling Features: Central Air
Fuel Expense: 106
Heating Features: Electricity

Furnished Description: Building, Lease
Flooring: Laminate, Mixed, Part Carpet

Basement Description: Unfinished

Lot Description: Level
Lot Size Acres: 0.1800046
Lot Size Dimensions: 60x93
Lot Size Square Feet: 7841

Garage Spaces: 6
Garage Description: Lot, Off Street

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

Bedford-North Lawrence High School is a public high school located approximately 2.8 miles away.
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Bedford Middle School is a public middle school located approximately 0.2 miles away.
directions icon Map directions

Saint Vincent Depaul School is a private elementary and middle school located approximately 0.2 miles away.
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Parkview Primary School is a public elementary school located approximately 0.5 miles away.
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Number of Units: 4
Number of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit 1 Total Actual Rent: 1250
Unit 2 Total Actual Rent: 1000
Unit 3 Total Actual Rent: 900
Unit 4 Total Actual Rent: 950

Income Includes: 48600
Lease Term: 1 Year

Maintenance Expense: 2500

Community Features: Off Street Parking

Annual Tax Amount: 2436
Source Listing Status: Active
County: Lawrence County
Directions: 1714 M Street Bedford
Tax Year: 2022
Source Property Type: INVESTMENT
Insurance Expense: 1200
Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
Parcel Number: 47-06-23-121-013.000-010
Property Location: City/Town/Suburb
Township: Shawswick
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$147,400 + $10,200
$157,600
$3,594
2021$116,500 + $9,900
$126,400
$2,126
2020$112,300 + $9,500
$121,800
$1,669
2019$108,700 + $9,400
$118,100
$2,436
2018$99,300 + $9,200
$108,500
$2,362
2017$98,300 + $5,800
$104,100
$2,170
2016$102,800 + $5,800
$108,600
$2,082
2015$101,700 + $5,800
$107,500
$2,172
2013$100,600 + $5,800
$106,400
$3,684
2012$101,600 + $5,800
$107,400
$2,148
2011$109,800 + $7,600
$117,400
$4,072
2010$110,500 + $7,500
$118,000
$2,380
2006$105,400 + $6,700
$112,100
$2,864

Price Changed 2024-02-21
$344,900
IRMLS
Price Changed 2024-02-16
$349,900
IRMLS
Relisted 2024-01-05
$354,900
IRMLS
Listing removed 2024-01-01
$354,900
IRMLS
Price Changed 2023-12-19
$354,900
IRMLS
Price Changed 2023-11-10
$359,900
IRMLS
Listed 2023-10-22
$364,900
IRMLS
Listing removed 2023-06-12
$330,000
IRMLS
Listing removed 2023-05-04
$330,000
IRMLS
Listing removed 2023-03-11
$330,000
IRMLS
Listing removed 2023-03-11
$330,000
IRMLS
Listed 2023-03-11
$330,000
IRMLS
Listed 2023-02-21
$330,000
IRMLS
Price Changed 2022-12-01
$330,000
IRMLS
Price Changed 2022-11-03
$360,000
IRMLS
Listed 2022-10-23
$370,000
IRMLS
Sold 2021-05-21
$200,000
IRMLS
Listing removed 2020-07-09
$299,000
IRMLS
Listing removed 2020-06-27
$225,000
SIRA
Listed 2019-12-09
$225,000
SIRA
Sold 2017-10-05
$49,900
Public Record
Listing removed 2017-10-04
$49,900
IRMLS
Listed 2017-09-07
$49,900
IRMLS

Net Operating Income: 38058

Total Square Feet Living: 3080
Year Built: 1915
Above Grade Finished Area: 3080
Construction Materials: Block
Property Age: 109
Roof: Shingle
Levels or Stories: 2
Structure Type: Fourplex
House Style: Two Story
Total Area Sqft: 3080
Architectural Style: Traditional

Electric Expense: 2600
Sewer: City
City
Water Sewer Expense: 1700
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.