A method of making a fitted sheet includes the steps of: affixing a plurality of elastic members along the lateral side edge portions of a sheet material, cutting the sheet material to a pre-determined length, cutting out corners from the sheet material of a pre-determined length, and forming corners in the sheet material of pre-determined length by affixing edge portions of the corners. A fitted sheet has a top portion with two lateral side panels and two end side panels. Each side panel may be at an angle to the top portion. Each side panel has lateral edge portions. The lateral edge portion of one side panel may be affixed to the lateral edge portion of the adjacent side panel. A plurality of elastic members is affixed to opposing side panels. No plurality of elastic members is affixed to the other side panels.