2 months on rocket

140/-ACRES E US Highway 50, Bedford, IN, 47421

$660,000

140.00 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
MLS #22002491
Lot Size140.00 Acres
StatusActive

About 140/-ACRES E US Highway 50

Discover an exceptional opportunity with this expansive 140-acre property conveniently situated within the city limits. Accessible from Eastlake Dr or directly off US 50, this unique parcel offers a blend of seclusion and accessibility. Boasting a mix of new and middle-age wooded timber, the land features rolling hills and varied terrain, perfect for a range of outdoor activities and development possibilities. Multiple creek drainages enhance the natural charm and the landscape's aesthetic appeal. Old logging trails and a historic railroad bed wind through the property, offering excellent trails for hiking, ATV, UTV, horseback riding, and more. With several building locations and utilities (water and electric) readily available, the land presents fantastic opportunities for residential use or creating a private recreational haven. Additionally, 133 acres of the property is enrolled as Classified Forest with the state, offering significant tax benefits. Whether envisioning a private estate or a recreational retreat, this property offers a unique canvas to bring your vision to life. Don't miss this rare chance to own a versatile and scenic piece of land that combines city convenience with tranquil, wooded beauty. Call today for more information or to schedule a showing.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Acclaimed Properties
  • Office Email: awalker@homefinder.org
  • Listing Agent: Andrew Walker

Lot Features

Lot Information:

  • Lot Size: 140.00 Acres

Other

Directions Information:

  • Directions: St Rd 37 South to Bedford, Property is on the Northside of US 50 just East of Jiffy Treat. Also, from US 50 you can turn North onto Eastlake Dr. Access is at the end of the cul de sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $660,000
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Housing Market Comparison

See how this home compares to others in Bedford, IN.

Med. Sold Price

$209K

Med. Price/SqFt

$150

# of Sold Homes

30

140/-ACRES E US Highway 50 vs Bedford

63 DAYS ON ROCKET

$660,000

+$451K More

KEY TAKEAWAY

This property is $451K more than the Median Sold Price in Bedford, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22002491

Listing Office:

  • Office Name: RE/MAX Acclaimed Properties
  • Office Email: awalker@homefinder.org
  • Listing Agent: Andrew Walker

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,045

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-285419
3
/10
  • Burris Elementary School

  • 1755 Hancock Ave

  • 4.34 miles

  • Public District Grades 3-5

school-card-donut-285420
5
/10
  • Parkview Schools Schools

  • 2024 16th St

  • 5.26 miles

  • Public District Grades KG-6

school-card-donut-285421
5
/10
  • Lincoln Elementary School

  • 2014 F St

  • 5.61 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,389. Typical income of Bedford, IN residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Bedford, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bedford, IN?

Bedford's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic mid-century to contemporary ranch designs. The market is complemented by a selection of apartments and townhouses, accommodating a range of preferences and needs. The majority of homes were constructed during a development boom in the late 20th century, with a homeownership rate that underscores a stable residential community.

Is Bedford, IN a good place to live?

Bedford is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its annual events and festivals that highlight local traditions and foster a sense of togetherness among residents. The community's character is further defined by its scenic surroundings and the presence of well-maintained parks and recreational areas that contribute to the overall quality of life.

Are things conveniently located in Bedford, IN?

The community benefits from a solid educational system, with several public schools serving different age groups and a few private institutions that offer alternative educational opportunities. Healthcare services are accessible, with local clinics and a hospital that provides emergency and specialized care. Bedford's public library system serves as a resourceful hub for residents, and the city's retail and dining establishments reflect the local culture, offering a taste of regional cuisine and shopping experiences.

What does the transportation in Bedford, IN look like?

Bedford's transport infrastructure caters to both private vehicle owners and those dependent on public transit, with a network of roads that connect to major highways for convenient travel. While the city may not have the extensive public transportation systems of larger cities, it offers essential services that facilitate movement within the area. The community is also making strides in enhancing walkability and bikeability, with ongoing projects aimed at improving the safety and convenience of non-motorized transport options.

Frequently Asked Questions About 140/-ACRES E US Highway 50

What is the listing price of this property?

The listing price of 140/-ACRES E US Highway 50 property is $660,000.

What type of property is this?

The property 140/-ACRES E US Highway 50 is land located in Bedford, Indiana, 47421.

Is this property for sale now?

Active Listing: 140/-ACRES E US Highway 50 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 140/-ACRES E US Highway 50 is 140.00 acres.
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Rocket HomesIndianaLawrence CountyBedford47421140/-ACRES E US Highway 50

This home is located at 140/-ACRES E US Highway 50 in Bedford, IN and zip code 47421. This home sits on a 140.00 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $660,000.

While more than 10 listings in Bedford, IN in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 12 were sold below. Between September 2024 and October 2024, Bedford, IN real estate market has seen increase in the number of listings by 10.9%.

From Rocket Homes Real Estate and based on county public records data.

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