8,002 Sq. Ft.
$27 / Sq. Ft.
8,002
Sq. Ft.
$27
per Sq. Ft.

Description

Rarely does a property of this size, soul, and character come to market especially in this location. This magnificent ±8,000 square foot building carries a rich and storied history — beginning life as a church, then serving the community as a gym for the Boys & Girls Club, followed by years as a licensed daycare, and most recently operating as a beloved vintage market. Every chapter of this building’s life has added to its charm, and now it is ready for its most exciting transformation yet — a stunning...Rarely does a property of this size, soul, and character come to market especially in this location. This magnificent ±8,000 square foot building carries a rich and storied history — beginning life as a church, then serving the community as a gym for the Boys & Girls Club, followed by years as a licensed daycare, and most recently operating as a beloved vintage market. Every chapter of this building’s life has added to its charm, and now it is ready for its most exciting transformation yet — a stunning multi-unit apartment or multifamily residential dwelling. Soaring ceilings, dramatic oversized vintage windows, a massive open floor plan, and a full dry basement beneath the basketball court combine to create one of the most compelling and character-rich residential conversion opportunities in the Bedford market. Add in a few brand new mechanical systems and fully serviced safety infrastructure — sprinklers and alarms, and the bones couldn’t be better. ZONED (PR) Professional Residential: condos, multifamily, apartments, hospitals, clinics, recreational, churches, daycares, nursing homes & more!
  1. Listed by Haley McLaughlin • The Real Estate Co.

Property Details for 512 P Street

Style
One Story
Subdivision
None
Waterfront
No
LISTING UPDATED: 04/27/2026 11:32 PM

Property Details for 512 P Street

StatusActive
MLS #202615209
Days on Market8
Taxes$4,481 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1947
Lot Size0.41 AC / 17,860 SF
CountyLawrence County

Location

Listing Courtesy of The Real Estate Co.
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Building Information for 512 P Street

Stories-Year Built1947Building Size-Lot Size0.41 AC / 17,860 SF

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Principal and Interest

$1,083

Property Taxes

$373

HOA Dues

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Property Information for 512 P Street

Summary
Location and General Information
  • Area: Lawrence County
  • City: Bedford
  • Zip Code: 47421
  • City Zoning: PR Professional-Residential District
  • State: IN
  • Township: Shawswick
  • Cross Street: 5th
  • Geo Latitude: 39
  • Geo Longitude: -86
  • Inside City Limits: Yes
  • Fips Code: 18093
  • Directions To Property: From SR 37 Turn east onto 5th street, Turn right onto P street, property is on the left.
Taxes and HOA
  • Annual Taxes: $4,481
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2026
  • Parcel Number Id: 47-06-14-201-014.000-010
  • Parcel Id 2: 47-06-14-201-069.000-010
School Information
  • School District: North Lawrence Community Schools
  • Elementary: Lincoln
  • Middle School: Bedford
  • High School: Bedford-North Lawrence
Parking
  • Garage: No
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 0.41
  • Lot Dimensions: IRREGULAR
  • Below Grade Unfin Sqft: 3600.0
  • Total Square Feet: 11602.0
  • Approx Lot Size Sqft: 17860.0
  • Above Grade Finished Sqft: 4402.0
  • Below Grade Finished Sqft: 3600.0
  • Total Below Grade Sqft: 7200.0
  • Total Finished Sqft: 8002.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1947
  • Age: 79
  • Planned Unit Development: No
Utilities
  • Water Utility: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Exterior: Stone, Limestone
  • Outbuilding 1: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Fireplaces: 1
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Heating/Fuel: Gas
  • Number of Above Grade Bedrooms: 0
  • Number of Below Grade Baths: 2
  • Number of Below Grade Bedrooms: 1
  • Number of Full Baths Below Grade: 2
  • Number of Full Baths Main: 0
  • Number of Full Baths Upper: 0
  • Number of Half Baths Below Grade: 0
  • Number of Half Baths Main: 0
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 7
  • Total Number of Bedrooms: 1
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Total Number of Rooms Below Grade: 4
Room
Room Information
  • 1st Bedroom Length: 28.0
  • 1st Bedroom Level: Lower
  • 1st Bedroom Width: 19.0
  • Laundry Level: N/A

Property History for 512 P Street

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Listed (Active)

Indiana Regional MLS #202615209

$215,000
Mar 12, 2025

Sold

Indiana Regional MLS #202500602

$140,000
Mar 10, 2025

Pending

Indiana Regional MLS #202500602

DateEvent & SourcePrice
04/27/2026

Listed (Active)

Indiana Regional MLS #202615209

$215,000
03/12/2025

Sold

Indiana Regional MLS #202500602

$140,000
03/10/2025

Pending

Indiana Regional MLS #202500602

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 P Street

Taxable ValueLand$9,900Additions-Total$9,900
Tax Record2025$291 ($24 / month)
Home Facts
Lot Size5,640 SqFtStyleCommercialCountyLAWRENCEAPN47-06-14-201-069.000-010

Schools near 512 P Street

This home is within North Lawrence Com Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 12
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Needmore Elementary School
PublicK to 6

North Lawrence A/V Tech Center
Public6 to 12

Bedford-North Lawrence High School
Public9 to 12

Shawswick Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

512 P Street is a single family home for sale in Bedford, IN 47421. This property was listed for sale on April 27, 2026 by The Real Estate Co., it's currently listed at $215,000. It has been on the market for a total of 8 days and was last sold on March 12, 2025. This listing's school district is North Lawrence Com Schools. Nearby schools include Needmore Elementary School, North Lawrence A/V Tech Center and Bedford-North Lawrence High School. 512 P Street is a 1-bed, 2-bath, 8,002 sqft single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Co.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.