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342 The Woods, Bedford, IN, 47421

4beds
3baths
2,954sqft
$625,000
$212price/sqft
$4,270/moest. monthly cost
$170,800/yrincome needed

About This Home

Welcome to The Woods — a beautifully updated 4 bedroom, 3 bathroom ranch on nearly 3 acres of usable land, tucked away on an elevated cul-de-sac. This property offers a rare blend of privacy and functionality, featuring a one-third mile nature trail, expanded yard space, and a covered back porch perfect for relaxing or entertaining. Inside, you’ll find Vaulted ceilings, skylights, and abundant natural light throughout, along with updated flooring and an open-concept living area centered around a gas fireplace. The primary suite offers additional flexibility with a connected bonus room — ideal for a home office, nursery, or potential bedroom. This home includes a 21-panel solar system installed in 2021 with a Generac controller and battery backup. It is capable of powering the home, including electric appliances and heat pumps, during moderate temperatures, with gas furnaces supporting heating in colder months. Excess energy production is credited back through Duke Energy, helping keep average monthly electric costs remarkably low. Additional updates focused on efficiency and reliability include a brand new roof (2026), updated electrical panel, dual HVAC systems (2021), dual water heaters (2022), water softener (2023), new ductwork, and gutter guards. A two-car attached garage plus a large 35x27 detached garage provide excellent space for storage, hobbies, or a workshop.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

8/10
6/10
Bedford Middle SchoolGrades 7-85.5 mi

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Asphalt
  • Construction materials: Asphalt,Brick,Vinyl Siding,Masonry

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Elec,Dishwasher,Microwave,Refrigerator,Washer,Electric Cooktop,Electric Oven,Electric Range,Gas Water Heater,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Sink,Main Level

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 216

Family Room

  • Level: Main
  • Area: 342

Features

  • Breakfast Bar,Cathedral Ceiling(s),Main Level Bedroom Suite,Formal Dining Room
  • Window features: Skylight(s)
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log
  • Fireplace: Yes
  • Attic: Storage
  • Finished area below ground: 0
  • Finished area above ground: 2,954

Heating & Cooling

  • Heating features: Electric,Natural Gas,Forced Air,High Efficiency Furnace
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,954
  • Total interior livable area: 2,954 sqft

Kitchen

  • Level: Main
  • Area: 156

Living Room

  • Level: Main
  • Area: 270

Property

Details

  • Parcel number: 470321302010.000006
  • Other equipment: Generator

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 2.81 Acres
  • Features: Cul-De-Sac,Level,Few Trees,Wooded,Rural Subdivision,Landscaped,Near Walking Trail

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$460$5,520
Property Taxes $380$4,560
Electricity $270$3,249
Total$4,270$51,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,400/yr
40% on housing$128,100/yr
45% on housing$113,866/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 47421$131
Lawrence County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 47421$132
Lawrence County$125

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-11Listed for sale$625,000
2019-07-01Listing removed$314,900
2019-06-03Price change$314,900
2019-05-09Listed for sale$319,900
2017-11-03Listing removed$285,000
2016-08-30Listed for sale$285,000
2013-01-22Listing removed$244,900
2012-12-22Listed for sale$244,900
2012-09-19Listing removed$244,900
2012-08-30Pending sale$244,900
2012-06-15Price change$244,900
2012-06-08Price change$249,900
2012-05-31Price change$254,900
2012-04-27Price change$259,900
2012-04-04Listed for sale$264,900

For Sale by Agent

AgentDuke Conrad
BrokerageBrawley Real Estate

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