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Residential Land in Bedford, IN
For Sale
$80,000

1604 & 1606 16th Street, Bedford, IN 47421

LOTS AND LAND, Bedford, IN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market509

Property Features for 1604 & 1606 16th Street

General Information

Property type Land
Property subtype Other
Lot features Level, City
Elementary school Parkview
Middle school Parkview
High school Bedford-North Lawrence
Elementary school district North Lawrence Community Schools
Middle school district North Lawrence Community Schools
High school district North Lawrence Community Schools
Directions Hwy 37 turn onto 16th St. Go Appr 2 miles property is one the left
Subdivision Lawrence County
Standard status Active
APN 47-06-23-203-015.000-010
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 470623203015000010 - M & T W 1/2 Lot 1 & E 5' Lot 2 EXC 40' off end of Lot 1 & 2 45x114 470623203016000010 - M & T Pt Lot 2 45x109.02
Tax Annual Amount 504
Legal Description 470623203015000010 - M & T W 1/2 Lot 1 & E 5' Lot 2 EXC 40' off end of Lot 1 & 2 45x114 470623203016000010 - M & T Pt Lot 2 45x109.02
Listing Agency: Keach & Grove Real Estate, LLC
Listed By: Mae St Clair · License #RB14024585
Added: Apr 11, 2025 Changed: Aug 26 Last Checked: Sep 1 at 9:06AM
MLS# 202512430

Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential land in Bedford, Indiana, presents numerous possibilities. The property, with a lot size of 0.25 acres, is located in Lawrence County. While two older homes have been removed, the existing water and sewer lines remain intact. This location is ideal for constructing a duplex.

Key Highlights

  • Ideal location for constructing a duplex.
  • Water and sewer lines are already intact.
  • Potential for development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Building Supply Furniture & Home Goods Cafe & Coffee Shop Parking Lot & Garage Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby

Demographics for 47421, IN

27,798
Population
13,112
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
184.4 sq mi
ZIP Area
151
Density / Sq Mi
$66,588
Median Household Income
$39,613
Median Earnings
$827
Median Rent
$165,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential land with existing utilities, suitable for duplex construction.
Where is this land located?
The property is located at 1604 & 1606 16th Street Bedford, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Ideal location for constructing a duplex.; Water and sewer lines are already intact.; Potential for development.
More about this property
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