1227 Palestine Rd
Bedford, IN 47421
2 bd 2 ba 1,198 sqft Built 1908 Lot 283,140 sqft single_family
Most recent sale
$270,000
Mar 1, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 1, 2023 | Sold | $270,000 | IRMLS |
| Feb 1, 2023 | Price changed | $268,900 | IRMLS |
| Jan 16, 2023 | Price changed | $274,900 | IRMLS |
| Jan 5, 2023 | Price changed | $282,900 | IRMLS |
| Dec 27, 2022 | Price changed | $294,950 | IRMLS |
| Oct 7, 2022 | Listed | $315,000 | IRMLS |
| May 19, 2017 | Sold | $42,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $97,800 | $22,200 | $120,000 | $711 |
| 2024 | $97,800 | $22,200 | $120,000 | $754 |
| 2023 | $81,300 | $19,500 | $100,800 | $675 |
| 2022 | $68,100 | $16,400 | $84,500 | $597 |
| 2021 | $67,100 | $16,000 | $83,100 | $394 |
| 2020 | $63,500 | $16,200 | $79,700 | $383 |
| 2019 | $61,100 | $16,000 | $77,100 | $359 |
| 2018 | $51,100 | $15,900 | $67,000 | $348 |
| 2017 | $50,500 | $15,600 | $66,100 | $1,147 |
| 2016 | $49,200 | $15,500 | $64,700 | $1,115 |
| 2015 | $48,200 | $15,300 | $63,500 | $1,088 |
| 2013 | $47,300 | $14,700 | $62,000 | $1,153 |
| 2012 | $47,700 | $14,400 | $62,100 | $1,097 |
| 2011 | $44,200 | $13,500 | $57,700 | $1,090 |
| 2010 | $44,400 | $12,700 | $57,100 | $1,100 |
| 2006 | $43,200 | $10,500 | $53,700 | $890 |
Property facts
Year built
1908
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,198 sqft
Lot size
283,140 sqft
ZIP code
47421
City
Bedford
Street
Palestine Rd
Coordinates
38.81841, -86.46903
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,797
Gross rental yield
7.99%
Implied cap rate
5.19%
Trend-extrapolated value
—
Frequently asked questions
When did 1227 Palestine Rd last sell?
1227 Palestine Rd most recently sold on Mar 1, 2023 for $270,000.
What is the current tax assessment for 1227 Palestine Rd?
The most recent total assessment for 1227 Palestine Rd (year 2025) is $120,000 with $711 in property tax.
How does 1227 Palestine Rd's assessment compare to its last sale price?
The current assessment is 55.6% below the last sale price of $270,000.
When was 1227 Palestine Rd built?
1227 Palestine Rd was built in 1908.
How does 1227 Palestine Rd compare to others on Palestine Rd?
We track 8 other properties on Palestine Rd. Browse the list under "Other properties on Palestine Rd" to compare beds, baths, and sale history.
What are the property facts for 1227 Palestine Rd?
1227 Palestine Rd is a 2 bed, 2 bath, 1,198 sqft, 283,140 sqft lot single_family.
Is 1227 Palestine Rd a flip candidate?
No — 1227 Palestine Rd does not appear in our flips dataset.
Is 1227 Palestine Rd a tax-appeal candidate?
No — 1227 Palestine Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$266.7K
2026 Q4
$272.8K
ZIP 47421 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palestine Rd