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Property profile & analytics

1407 I St Bedford, IN 47421

  • Commercial real estate
  • 3,840 SF
  • 0.14 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1748860
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1407 I St

Year built
1905
Construction
WOOD
Lot size
0.14 lot acres
Property size
3,840 SF
Property type
Commercial real estate
APN
47-06-14-441-014.000-010
APU
470614441014000010

Description

This exceptional commercial property, located at 1407 I Street in Bedford, Indiana, presents a unique opportunity for a variety of businesses. Situated on a 0.14-acre lot, this building boasts a significant advantage over many downtown properties: its own dedicated parking lot. Recent improvements enhance its appeal and functionality. A new roof was installed within the past five years, ensuring long-term protection. New front display windows provide excellent visibility and curb appeal, while a new furnace, installed less than two years ago, guarantees efficient and reliable heating. The electrical wiring has also been completely updated for modern needs. The building's versatility is a key feature. A sizable upstairs area offers significant potential. This space could easily be converted into additional workspace, expanding retail area, or even developed into comfortable living quarters, depending on the buyer's needs. This prime downtown Bedford location offers high visibility and accessibility, making it an ideal choice for entrepreneurs seeking to establish or relocate their business. The combination of ample parking, recent renovations, and versatile space makes this property a truly exceptional investment opportunity. The asking price is $229,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bedford
County
Lawrence
State
Indiana
Longitude
-86.483
Latitude
38.8632
CBSA code
13260
CBSA name
BEDFORD, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,427
$18,700
$62,200
$80,900
-
$18,700
$62,200
$80,900
More about this property
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