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(SOLD) $150,000

1516 16th Street Bedford, IN  47421

Property Description for 1516 16th Street Bedford, IN 47421

Formerly known as "The Baker House Eatery B&B" this historic home circa 1900s, is ready for a new owner to bring life back into its bones. The home is currently setup as a "B&B" but could easily be converted back into a residence, Airbnb, or apartments. Sprawling over 3 stories, this unique home has over 3800 SF of living space. When you step inside you will immediately notice the grand staircase with the original woodwork that carries throughout the home. I promise you are going to fall in love with all the character and charm this home bestows. One of the most beautiful ornate fireplaces I have ever seen is located in the primary bedroom. To the right of the foyer there is a spacious living room and dining. Plenty of room for large gatherings. The kitchen is complete with commercial grade appliances that will remain with the home. On the second level you will find 3 bedrooms and 2 baths and the third story attic space can also be additional bedrooms, office or storage. This lovely home sits on a .22 acre city lot and provides plenty of parking. There is also a 28x32 garage. 5 year updates: The owner has added a new roof on the house and garage, a new HVAC system (2022) and water heater.

Address:1516 16th Street Bedford IN 47421
Status:Sold
Sold On: 8/14/2024
Price:$183,900
Bathrooms:0
Year Built:1900
Lot Size:0.22
County: Lawrence County
Township: Shawswick
MLS #:202345494
Property Type:Mixed Use

Lot Dimensions:.22
Directions:16th Street by Hardees
Basement:Yes

Loan Price
$1,171
Price And Interest $782/month
Property Tax $326/month
MTG INS $0/month
HOME INS $63/month
Price
$150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$326/month
Home Owner Insurance
$756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 288 x 3888 Info Not Available
3rd Bedroom 5 x 3 Info Not Available
Den 1 x 3888 Info Not Available

Semi-Annual Property Tax:$1,956
Tax Year:2023
Mandatory HOA Fee:$

City:Bedford
Subdivision: None
Zip Code:47421

Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Kathryn Blackwell with The Real Estate Co.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Bedford Market Report

172
Avg. DOM
$159.65
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Bedford are not dropping at the moment. There has been a increase in price of $39,849.65. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bedford are going Up. The average house price is $249,450.00 and the average price per square feet is $157.93 per square feet. At the moment, the amount of homes listed is exactly 389 houses, with 162 with active status, 14 with pending status and 213 sold in Bedford .

The most popular place to buy a home in Bedford is 4705 - Lawrence - Shawswick. 4705 - Lawrence - Shawswick is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bedford .

The average amount of property taxes you would have to pay for a home in Bedford is $1,846.65. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bedford are staying listed for an average of 72 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bedford was 512 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Bedford is $3,800,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bedford is $80,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bedford in year 1869 and the newest built house is in year 2024.

The average size of properties in Bedford is 1982.93 sq.ft. , the biggest one being 7421 sq.ft. and the smaller being 768 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.