520-526 5th St Bedford, IN 47421
Estimated payment $3,706/month
Highlights
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- 1-Story Property
- Ceramic Tile Flooring
- Level Lot
- 1-minute walk to Murray Park
About This Home
Fully Rented Quadplex – Excellent Investment Opportunity! Don’t miss this rare opportunity to own a fully rented quadplex in an excellent location, featuring two separate all-brick buildings. Each of the four spacious units offers 868 sq ft of living space, including 2 bedrooms, 1 full bathroom, and a 1-car garage—perfect for attracting and retaining quality tenants. This low-maintenance property has been well cared for, with significant updates including: Roof replaced in 2010, HVAC systems updated in 2017 (units 520-522) and 2018 (units 524-526), All units are currently leased with signed agreements, providing immediate cash flow for savvy investors. Tenants are responsible for electric, helping keep operational costs low. Whether you're looking to expand your portfolio or make your first move into multifamily investing, this property offers stability, convenience, and strong rental income potential.
Listing Agent
Hawkins & Root Real Estate Brokerage Phone: 812-675-6952 Listed on: 05/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,030
Year Built
- Built in 1988
Lot Details
- 0.53 Acre Lot
- Level Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 3,472 Sq Ft Home
- 1-Story Property
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Basement
- Block Basement Construction
- Crawl Space
Parking
- 1 Car Attached Garage
- Driveway
Schools
- Lincoln Elementary School
- Bedford Middle School
- Bedford-North Lawrence High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
- Assessor Parcel Number 47-06-13-202-023.000-010
Community Details
Overview
- 2 Buildings
- 4 Units
Pet Policy
- Pet Restriction
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $2,700
- Maintenance Expense $8,000
- Water Sewer Expense $3,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,030 | $401,500 | $22,300 | $379,200 |
| 2023 | $7,530 | $376,500 | $21,600 | $354,900 |
| 2022 | $7,064 | $353,200 | $20,900 | $332,300 |
| 2021 | $6,372 | $318,600 | $19,800 | $298,800 |
| 2020 | $6,016 | $300,800 | $19,000 | $281,800 |
| 2019 | $5,710 | $285,500 | $18,300 | $267,200 |
| 2018 | $5,746 | $287,300 | $17,900 | $269,400 |
| 2017 | $5,512 | $275,600 | $17,600 | $258,000 |
| 2016 | $5,464 | $273,200 | $17,600 | $255,600 |
| 2014 | $5,168 | $258,400 | $17,600 | $240,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | For Sale | $549,900 | +37.5% | $158 / Sq Ft |
| 10/25/2024 10/25/24 | Sold | $400,000 | -20.0% | $230 / Sq Ft |
| 08/07/2024 08/07/24 | For Sale | $499,900 | -- | $288 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | Classic Title Inc | |
| Deed | $200,000 | -- |
Source: Indiana Regional MLS
MLS Number: 202517632
APN: 47-06-13-202-023.000-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX 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. Information is deemed reliable but not guaranteed.
- 429 6th St
- 0 State Road 58
- 406 Bailey Scales Rd
- 205 Riley Blvd
- 0 Between 6th St & Spring Dr Unit 202511083
- 117 White Ln
- TBD
- 0 6th & Spring St Unit 202504466
- 302 L St
- 1018 J St
- 1310 2nd St
- 921 Lincoln Ave
- 117 Foxridge Dr
- 518 P St
- 1604 8th St
- 1617 6th St
- TBD E Heltonville Rd
- 1617 9th St
- 1038 O St
- 435 16th St
- 1330 I St Unit 1330 I St Apt G
- 1330 I St Unit 1330 I Apt. A
- 525 Q St
- 406 E 17th St Unit 1
- 1118 17th St Unit B
- 1118-B W 17th St Unit B
- 7493 E Rush Ridge Rd
- 5467 S Brigadier Blvd Unit 5467 S Brigadier blvd
- 5229 S College Dr
- 4820 S Old State Road 37
- 3809 S Sare Rd
- 3878 S Bushmill Dr
- 3471 S Oaklawn Cir
- 3296 Walnut Springs Dr
- 3758 S Bainbridge Dr
- 3400 S Sare Rd
- 3516 S Ashwood Dr
- 3626 S Kingsbury Ave
- 3105 S Sare Rd
- 3252 S Southern Oaks Dr