Featured For Sale

1 acre in downtown Bedford, IN zoned for duplexes

This offering consists of 4 parcels that are adjacent to each other. All 4 are zoned R-2 which allows for duplexes as well as several uses other than single family residential.

Payment Options

Finance Terms

$916.60/mo For 96 Months
$6000 Down Payment Reserve Now

Cash Price

Payment Note(s)

If you are interested in reserving this parcel, click “Reserve Now” button for any of the payment options. You will be redirected to our payment page to make the initial reservation payment.

Description

1.04 acres for sale in Lawrence County, IN. This offering consists of 4 parcels that are adjacent to each other. All 4 are zoned R-2 which allows for duplexes as well as several uses other than single family residential. A zoning change to R-3 would allow for full apartments. All city utilities are available at the road. These parcels are located 1 block from state highway that runs through town with a daily traffic count of approximately 16,000 and 1/2 mile from the town square. The town of Bedford, IN has a population of 13k and is located 30 minutes from Indiana University in Bloomington, IN. There is a house on the property that is in disrepair.

You are welcome to visit the property. Maps, directions, and specific location information are all available on our website.

Purchasing Options:

Seller Financing:
$59,900.00. $6,000.00 down and $876.03 a month for 96 months. Monthly loan servicing, taxes, and HOA fees (if there is an HOA) will also be collected in addition to the loan payment. Total payment, including fees and taxes, is estimated to be $916.60 ($876.03 principal and interest, $20.00 loan servicing, $20.57 property taxes, and $0.00 HOA). There are no prepayment penalties!
** Monthly payment of $876.03 based on a financed purchase price of $59,900.00 less the downpayment of $6,000.00 for a net amount financed of $53,900.00 that is payable over 96 equal installments with an amortized
interest rate of 12%.

Discounted Cash Price: $55,000.00

Nearby Attractions:

Limestone Country:
There is a place within the Southern Indiana rolling hills that’s called “Limestone Country” because of the stone terrain found there. It is the home of a special outdoor playground of caves, forests, rivers, Blue spring Caverns, Spring Mill State Park and the communities of Bedford and Mitchell.

Spring Mill State Park:
Spring Mill State Park offers a powerful illustration of the link between the natural and cultural worlds. The water flowing from several cave springs led to the founding of an industrial village in the early 1800s. Pioneer entrepreneurs took advantage of a constant water source that never froze, using it to power several gristmills, a wool mill, a saw mill, and a distillery. In turn, pioneer settlers shaped the landscape around the village, clearing land for agriculture and timber. The park today continues to illustrate how nature shapes us and how we shape our environment. A parcel of virgin timber sits in contrast to regenerated forest, a man-made lake struggles to survive against the in-flow of silt from cave-fed systems, and the native flora and fauna face challenges from man’s introduction of new species. Visitors can explore this story in the park’s four interpretive facilities—the Pioneer Village, Nature Center, Grissom Memorial, and Twin Caves Boat Tour—and see it reflected on the landscape as they hike the trails. The interpretive staff also offers a wide variety of public programs, including an extensive special events schedule. Public programs are offered year-round.

Visit Bloomington, IN:
There are two defining characteristics that have shaped this Indiana town and its people: the land and the university. The hills, forests, and lakes provide a sanctuary; one that is valued and protected. The limestone is quarried and milled by hard-working Hoosiers, and turned into beautiful buildings and sculptures throughout the area and the nation. Students and faculty from across the country and the world flock to Indiana University, bringing ideas and dreams to a community that embraces them all. It’s a place that nurtures artists and scientists, farmers and philosophers, athletes and musicians. It’s a community of aspirations and inspirations, a breeding ground for transformations. Welcome to Bloomington.


Property Details

NEAREST LARGE CITY: Indianapolis, IN
STATE: Indiana (IN)

COUNTY: Lawrence
ADDRESS: 500 14TH St, Bedford, IN 47421
SIZE: 1.04 Acres
APN(s): 47-06-13-335-013.000-010 / 47-06-13-335-015.000-010 / 47-06-13-335-025.000-010 / 47-06-13-335-
014.000-010 / 0 / 0
GPS COORDINATES: 38.86300145330364,-86.47803605509446
TAXES: No back taxes, approximately $246.84 per year total
HOA Dues: Approximately $0.00 per year total
ACCESS: Paved
ZONING: R2 Residential
SEWER: Municipal Sewer
WATER: City Water
UTILITIES: At the road
FEMA FLOOD ZONE: No
TERRAIN: Level to sloping
CONVEYANCE: Warranty Deed
TITLE: Free and Clear
FSL ID: IN-LAW-TS0101
WEBSITE URL: https://findsomeland.com/property/IN-LAW-TS0101/
CLICKABLE GOOGLE MAPS URL: http://www.google.com/maps/place/38.86300145330364,-86.47803605509446

OTHER NEARBY CITY DISTANCES:
Bloomington, IN – 30 Minutes
Indianapolis, IN – 1.5 Hours
Louisville, KY – 1.5 Hours
Evansville, IN – 2 Hours
Chicago, IL – 4.25 Hours

About Find Some Land LLC

Find Some Land LLC scours the country throughout the year to find the very best properties available for sale. The methods used to locate such property includes local contacts, auctions, and other investors. Tens of thousands of property records are analyzed every year in order to bring the very best to market.
Everything began several years ago while helping clients locate land to build homes in our local area. The process of locating suitable land to purchase was both time consuming and frustrating. Locating the perfect parcel at a decent price and also having adequate financing is a rare event indeed. Over the years we have been fortunate to develop the resources that allow us to do this – source quality properties at fair prices and offer guaranteed seller financing.
Thank you for reviewing this property listing and please feel free to visit our website!

The Fine Print

Any property information (including, but not limited to, all real property images, descriptions, pricing, locations and availability; hereinafter referred to as “Real Estate Information”) made available by or through this website is provided solely for informational purposes and is not guaranteed or warranted by Find Some Land LLC. Find Some Land LLC believes the Real Estate Information to be accurate and complete; however it is subject to change and/or correction without notice. All information regarding the real estate advertised herein has been assembled through various sources and independent investigation should be conducted by all prospective buyers. Please verify all Real Estate Information through public records available through the County Clerk or Registrar in the county where the property is located. Buyer is responsible for conducting due diligence.
If purchasing with installment sale terms, the installment land contract stipulates that the property may not be improved until balance is paid in full. Please feel free to contact us if this is an issue for you so that we can discuss your specific situation and plans.

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