NOT LISTED FOR SALE

114 E Lake Shore Dr Clvr Mil Acad, IN 46511

Estimated Value: $371,000 - $875,000

3 Beds
3 Baths
1,935 Sq Ft
$322/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $263,710 $136 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,752/month

109 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Corner Lot
  • Ceiling height of 9 feet or more
  • Laundry Facilities

About This Home

As of February 2023

Rental Investment Opportunity! This triplex is ideally located between uptown and downtown Culver. Just blocks from the beach, restaurants, and quaint Culver shops. Each apartment has one bedroom, one bathroom, a living room and kitchen. High ceilings and original wood flooring. Off street parking on both sides of the building. 1 car garage is ideal for storage. If a triplex isn't in your plans, consider remodeling to enjoy a fabulous 1900's home on the main throughway. Buyer to measure for own satisfaction.

Last Agent to Sell the Property

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Listed on: 10/21/2022

Last Buyer's Agent

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Listed on: 10/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Culver Elementary And Middle School
  • Culver High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 50-21-16-301-269.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Total Number of Rooms: 12
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: OP LOT 52; OP LOT 53 S 11'
  • Parcel Number ID: 50-21-16-301-269.000-014
  • Platted: Yes
  • Amenities: Ceiling-9+
  • Parcel Id2: 50-21-16-301-266.000-014
  • Sp Lp Percent: 81.14
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2104
  • Total Finished Sq Ft: 1935
  • Above Grade Finished Sq Ft: 1935
  • Below Grade Sq Ft: 169
  • Price Per Sq Ft: 136.28
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Flooring: Hardwood Floors
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 14x9, On Level: Main
  • Bedroom 2: Dimensions: 10x7, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 169

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 11x22
  • Garage Sq Ft: 242
  • Garage: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

  • School District: Culver Community Schools Corp.
  • Elementary School: Culver
  • Middle School: Culver
  • High School: Culver
  • Elementary School: Culver

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 99x66 + 99x11x77
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 2866.24

MLS Schools

  • High School: Culver
  • Middle School: Culver
  • School District: Culver Community Schools Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 27, 2023
Sold by
Bonine Properties Trust
Bought by
Lakeshore Property Trust
Seller's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$325,000
Sold Price
$263,710
Premium/Discount to List
-$61,290
-18.86%
Views
77
Current Estimated Value
$623,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,290
Avg. Annual Appreciation
77.53%
Original Mortgage
$265,000
Outstanding Balance
$264,798
Interest Rate
12%
Mortgage Type
New Conventional
Estimated Equity
$728,202

Purchase Details

Closed on
Apr 15, 2011
Sold by
Bonine James D and Bonine Rosalie R
Bought by
Bonine Properties Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lakeshore Property Trust -- None Listed On Document
Bonine Properties Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeshore Property Trust $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $263,710 -18.9% $136 / Sq Ft
10/21/2022 10/21/22 For Sale $325,000 -- $168 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,377 $288,800 $124,400 $164,400
2022 $3,377 $176,800 $100,500 $76,300
2021 $2,732 $154,500 $87,300 $67,200
2020 $2,512 $136,400 $75,900 $60,500
2019 $2,402 $131,200 $73,000 $58,200
2018 $2,378 $131,100 $73,000 $58,100
2017 $2,108 $131,400 $73,000 $58,400
2016 $1,969 $124,000 $73,000 $51,000
2014 $1,309 $83,400 $24,300 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243754

Indiana Regional MLS

APN: 50-21-16-301-269.000-014