About This Home

This 1-bedroom, 2-bathroom single family at 512 P Street in Bedford, IN is listed for $190,000 ($24 per sqft). Built in 1947, the home offers 8,002 sqft of living space on a 0.41 acres lot.

Key Features

  • Built in 1947
  • 0.41 acre lot
  • Fireplace

Property Details

1 story
2 full
1947

Amenities

FireplaceA/C
Listing Description

Rarely does a property of this size, soul, and character come to market especially in this location. This magnificent +/-8,000 square foot building carries a rich and storied history - beginning life as a church, then serving the community as a gym for the Boys & Girls Club, followed by years as a licensed daycare, and most recently operating as a beloved vintage market.

Every chapter of this building's life has added to its charm, and now it is ready for its most exciting transformation yet - a stunning multi-unit apartment or multifamily residential dwelling. Soaring ceilings, dramatic oversized vintage windows, a massive open floor plan, and a full dry basement beneath the basketball court combine to create one

of the most compelling and character-rich residential conversion opportunities in the Bedford market. Add in a few brand new mechanical systems and fully serviced safety infrastructure - sprinklers and alarms, and the bones couldn't be better. ZONED (PR) Professional Residential: condos, multifamily, apartments, hospitals, clinics, recreational, places of worship, daycares, nursing homes & more!

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

512 P Street

Bedford, IN 47421

Property Details

Cooling

Central Air

Questions & Answers

This 1-bedroom, 2-bathroom single family at 512 P Street is listed at $190,000 ($24/sqft). The estimated monthly payment is $1,016 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.41 acre lot, Fireplace.

This property is listed by Haley McLaughlin.

HM

Haley McLaughlin

Agent at The Real Estate Co.

Listed by The Real Estate Co. · Broker phone: 8127971957

MLS# 202615209· Source: Bedford Board of Realtors· 186 days on PropertySimple

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.

512 P Street, Bedford, IN 47421

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