Sold
Last Sold Price
52 beds18,896 sqft
624-645 Riley Blvd, Bedford, IN 47421
Multi FamilyProperty Type
3.25 acresLot Size
1990Year Built
$69/sq ftPrice per sq ft
52 carsParking Spaces

Description

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.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.
  • Listed by: Amy Powell • Revestco LLC
Listing closed: 06/21/2021 12:00 AM • Source: Indiana Regional MLS, MLS#: 202100089

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Listing Courtesy of Revestco LLC

Sold By Millican Realty

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Property Information for 624-645 Riley Boulevard

Property Details
  • Taxes: $11,770 / year
  • MLS Type: Multi Family / Apartment Complex
  • Style: One Story
  • Subdivision: None
  • Waterfront: No
  • Water Features: None
  • Pet Restrictions: No
Building Information
  • Building/Complex: 624-645 Riley Blvd
  • Stories: 2
  • Residences: 26
  • Year Built: 1990
Summary
Location and General Information
  • Area: Lawrence County
  • City: Bedford
  • Zip Code: 47421
  • State: IN
  • Township: Shawswick
  • Fips Code: 18093
  • Directions To Property: East on Hwy 58 past BNL High School, turn left on Mt. Pleasant Rd and left onto Riley.
  • Location: Rural, Rural Subdivision
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2019
  • Parcel Number Id: 47-06-12-300-059.000-010
School Information
  • School District: North Lawrence Community Schools
  • Elementary: Stalker
  • Middle School: Bedford
  • High School: Bedford-North Lawrence
Parking
  • Number Of Parking Spaces: 52
  • Parking: Off Site
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Complex
  • Approx Lot Size Acres: 3.25
  • Lot Dimensions: 3.25 Acre
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 18896.0
  • Upper Level Sqft: 5824.0
  • Approx Lot Size Sqft: 141570.0
  • Above Grade Finished Sqft: 18896.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 18896.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular
  • Main Level Sqft: 13072.0
Property and Assessments
  • New Construction: No
  • Year Built: 1990
  • Age: 31
  • Documents Available: Income/Expenses, Lease, Rent Roll
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast
  • Electric Company: Duke Energy Indiana
  • Sewer: City
  • Water Company: Bedford City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Cable Ready, Water Heater Electric
  • Driveway: Concrete
  • Exterior: Brick, Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 26
  • Number of Refrigerators: 26
  • Number of W/D Hookups: 26
  • Number of Washers: 0
  • Basement Material: Block
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Wall AC
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 52
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 52
  • Total Number of Full Baths: 26
  • Total Number of Half Baths: 0
  • Total Baths: 26
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 26
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 21
  • Number of Units: 26
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $194,768
  • Annual Insurance Expense: $4,952
  • Annual Maint. Expense: $19,780
  • Annual Misc: $13,473
  • Annual Net Income: $144,793
  • Annual Property Tax: $11,770
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $16,231
  • Gross Monthly Rent: $16,231
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Water

Property History for 624-645 Riley Boulevard

DateEvent & SourcePriceAppreciation
Jun 21, 2021

Sold

Indiana Regional MLS #202100089

$1,300,000—
May 5, 2021

Pending

Indiana Regional MLS #202100089

—
Dec 31, 2020

Listed (Active)

Indiana Regional MLS #202100089

$1,395,000—
DateEvent & SourcePrice
06/21/2021

Sold

Indiana Regional MLS #202100089

$1,300,000
05/05/2021

Pending

Indiana Regional MLS #202100089

—
12/31/2020

Listed (Active)

Indiana Regional MLS #202100089

$1,395,000

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

Schools near 624-645 Riley Boulevard

This home is within North Lawrence Com Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Needmore Elementary School
PublicK to 6

Dollens Elementary
PublicK to 8

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.

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Listing Courtesy of Revestco LLC

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.