1274 Twin Ponds Rd · Bedford, IN 47421

$1

3 bd · 2.5 ba · 1,500 sqft · SingleFamily public records · 14 Days on market

Built 1990 40 ac lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

To be sold in an Online Only Auction on Tuesday, June 23rd @ 4 PM EST. Located in the countryside of Bedford, IN. This property has everything to offer. 40 Deeded Acres in Indian Creek Township of Lawrence County. Parcel Numbers: 47-05-36-300-019.000-003 & 47-05-36-300-005.000-003. This offering includes a 3 bedroom, 2.5 bath Log Cabin with a full concrete wall basement. Vaulted Beaded Wood Kitchen & Living Room with wood siding walls. Primary bedroom with its own bathroom. Sit outside and relax on the full 360 degree wrap around porch! Next take a look at the 30x48 Pole Barn with a concrete floor and 3 nice garage doors! Up the hill is the 40x60 pole barn with a gravel floor.

Key facts

• 30x48 pole barn
• 40 deeded acres
• Log cabin

Tags

• 40 DEEDED ACRES
• LOG CABIN
• FULL CONCRETE WALL BASEMENT
• VAULTED BEADED WOOD KITCHEN
• 360 DEGREE WRAP AROUND PORCH
• 30X48 POLE BARN

Property features AI

Finance

• Other: Property sits on more than 20 acres (listed as 40 acres); Additional parcels included

Exterior

• Parking: Detached 4-car garage with garage door opener
• Security: Smoke detectors
• Utilities: Private water; Septic system; 200+ amp electric service; Electricity connected
• Home design: Single-family residence; One story
• Construction: Log construction with log siding and wood siding; Concrete perimeter foundation
• Exterior features: Wrap-around porch; Barn pole; Wooded property with mature and small trees; Rural setting (not in a subdivision); See remarks

Interior

• Kitchen: Dishwasher; Electric oven; Range hood; Refrigerator; Kitchen island; Breakfast bar
• Bedrooms: 3 bedrooms (all on the main level)
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Electric forced-air heating; Central air conditioning
• Interior features: Attic access; Breakfast bar; Kitchen island; Vaulted/cathedral ceilings
• Laundry & utility: Washer and dryer; Laundry in basement; Electric water heater

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $1 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).
• Cap rate 1260089.1% vs local median 3.9% in Bedford — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#23 in IN, #1,958 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, commute F.
• North Lawrence Community Schools (rural): math 35% / reading 40% proficiency, ranked #170 of 301 in IN (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bedford Middle School (math 23% / reading 36%, grade F, #212 of 330 statewide, top 67%, 562 students, 54% FRL); Bedford-North Lawrence High School (math 38% / reading 63%, grade D+, #117 of 369 statewide, top 32%, 1,303 students, 46% FRL).
• Market conditions: 160 active listings in the ZIP; 8 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
• Lawrence County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $1

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 132921.00% ✓
• Cap rate: 1260089.08%
• Cash-on-cash: 4500295.67%
• DSCR: 200238.83
• GRM: 0.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 238927.23×
• Total profit: $66,899
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 515908.96×
• Total profit: $144,454
• Equity at exit: $0

Cash invested: $0 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 47421

• Home prices YoY: -25.2%
• Active inventory: 160

Monthly cashflow live

• Estimated rent: $1,329 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $1,050

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

Sensitivity live

Price	-10% $1,050	-5% $1,050	+0% $1,050	+5% $1,050	+10% $1,050
Rent	-10% $945	-5% $998	+0% $1,050	+5% $1,103	+10% $1,155
Rate	-1.0pp $1,050	-0.5pp $1,050	base $1,050	+0.5pp $1,050	+1.0pp $1,050

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-22
   days on market $1 Active 14 DOM
2. 2026-06-19
   days on market $1 Active 12 DOM
3. 2026-06-18
   days on market $1 Active 11 DOM
4. 2026-06-17
   days on market $1 Active 10 DOM
5. 2026-06-16
   days on market $1 Active 9 DOM
6. 2026-06-15
   days on market $1 Active 8 DOM
7. 2026-06-14
   days on market $1 Active 6 DOM
8. 2026-06-13
   days on market $1 Active 5 DOM
9. 2026-06-10
   days on market $1 Active 3 DOM
10. 2026-06-09
    days on market $1 Active 2 DOM
11. 2026-06-08
    remarks 689-char remark
12. 2026-06-08
    listed $1 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,951
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$1,276
• − Management: −$1,276
• − Depreciation: −$0
• Taxable income: $13,398
• Est. tax owed @ 24.0%: −$3,216
• After-tax cash flow: $9,385/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: North Lawrence Community Schools
• NCES district ID: 1807860
• Math proficiency: 35% ▼ -2.00%
• Reading proficiency: 40% ▼ -3.00%
• Median HH income: $44,566
• Composite: 31.88/100
• National rank: #5864
• State rank: #170 of 301 in IN

Livability — Bedford

• Score: 80/100
• State rank: #23
• US rank: #1958

Category grades

Amenities C Commute F Cost of living A+ Crime A+ Employment D Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lawrence County · 27,599 people
• City population: 27,599
• Metro: Bedford, IN
• Population (ZIP): 27,599
• Household income: $68,108
• Rent vs Own: 20.0% rent · 80.0% own
• Severe rent burden: 507.0

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 44,347 people
• By 2030: 43,331 · -2.3%
• By 2040: 40,887 · -7.8%
• By 2050: 38,297 · -13.6%
• By 2075: 32,479 · -26.8%
• By 2100: 26,051 · -41.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Slovak 3% Italian 2% Scotch-Irish 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+51.0) · D 23.6% · R 74.6% · Other 1.7%
• 2008→2024 swing: -30.5pp toward R · 2008: -20.6pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+50.6 2016: R+51.5 2012: R+32.8 2008: R+20.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.32%
• Current HPI: 240.959
• Rent YoY: —
• Metro: Bedford, IN
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Property tax history

+3.7%/yr

Latest (2025): $1,615 · -5.0% YoY. Source: county tax records.