NOT LISTED FOR SALE

1540 E Shore Dr Culver, IN 46511

Estimated Value: $1,162,000 - $2,498,000

5 Beds
3.5 Baths
5,200 Sq Ft
$344/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $1,850,000 $356 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,270/month

349 Days on Market

Highlights

  • 71 Feet of Waterfront
  • Open Floorplan
  • Backs to Open Ground
  • Primary Bedroom Suite
  • Lake Property
  • Wood Flooring

About This Home

As of May 2016

Exquisitely restored 1910 historic home on Lake Maxinkuckee offers the quintessential East Shore experience. Maxinkuckee Country Club's first tee is across the street with tennis courts walkable as well. Expansive views from the four season front porch, living room, den area, dining room and kitchen, in an open concept living area. First floor master with luxury Pottery Barn bath and large walk in closet. Dedicated laundry room that will accommodate two dryers, if you like. Whole house generator system handles the entire home (except central air). Charming sleeping porch up with second master bedroom lake side; two other generous bedrooms. Dual zone HVAC (up and down) coupled with attic fan ensures your comfort in all seasons. Large guest house with full kitchen, fireplace and large bedroom affords privacy for your guests or family. Very special landscaping and box gardens welcome you and complete the experience.

Last Agent to Sell the Property

Jim Sturman

STURMAN REAL ESTATE SERVICES Listed on: 06/02/2015

Last Buyer's Agent

Kathleen Marshall

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,540

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 71x270
  • 71 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Irrigation

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cabin
  • Wood Roof
  • Asphalt Roof
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Chair Railings
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Screened Porch
  • Water Views
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub With Separate Shower Stall

Attic

  • Attic Fan
  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • Basement Cellar

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Seawall
  • Lake Property
  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Private Sewer
  • Cable TV Available

Community Details

  • $42 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 50-21-22-000-110.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,540

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1910
  • Age: 106
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 11
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: sea beach lot 15 book/page 210-00153 (1/12/2010)
  • Parcel Number ID: 50-21-22-000-110.000-013
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Attic Storage, Bar, Breakfast Bar, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Built-In Home Theatre, Cable Available, Cable Ready, Ceiling Fan(s), Ceilings-Beamed, Chair Rail, Closet(s) Walk-in, Countertops-Solid Surf, Deck on Waterfront, Detector-Smoke, Disposal, Dryer Hook Up Gas, Eat-In Kitchen, Garage Door Opener, Generator Built-In, Guest Quarters, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Porch Screened, Range/Oven Hook Up Gas, Six Panel Doors, Storm Doors, Storm Windows, Wet Bar, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Custom Cabinetry
  • Section Number: 22/32
  • Sp Lp Percent: 88.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 5200
  • Total Finished Sq Ft: 5200
  • Above Grade Finished Sq Ft: 5200
  • Basement Foundation: Cellar, Outside Entrance Only
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning
  • Flooring: Hardwood Floors, Carpet, Tile
  • Bedroom 1: Dimensions: 1x1, On Level: Main
  • Bedroom 2: Dimensions: 1x1, On Level: Upper
  • Bedroom 3: Dimensions: 1x1, On Level: Upper
  • Bedroom 4: Dimensions: 1x1, On Level: Upper
  • Bedroom 5: Dimensions: 1x1, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Asphalt, Vinyl
  • Roof Material: Asphalt, Wood
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Frontage: 71
  • Water Name: Lake Maxinkuckee

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x28
  • Garage Sq Ft: 560

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Private
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: East Shore Corp. (sewer)
  • Other Fees Dollar: 500

Schools

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

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Lot Info

  • Lot Description: Lake, Water View, Waterfront-Level Bank
  • Lot Dimensions: 71x270

Tax Info

  • Annual Taxes: 10540

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
May 27, 2016
Sold by
Jmbmanning Revocale Trust
Bought by
1540 E Shore Drive Trust
Seller's Agent
Jim Sturman
STURMAN REAL ESTATE SERVICES
Buyer's Agent
Kathleen Marshall
Coldwell Banker Real Estate Group
List Price
$2,395,000
Sold Price
$1,850,000
Premium/Discount to List
-$545,000
-22.76%
Current Estimated Value
$1,789,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,385
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Banks Holli R
Bought by
Jmb Manning Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,588
Interest Rate
4.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 8, 2010
Sold by
Banks Holli R
Bought by
Jmbmanning Revoc Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,588
Interest Rate
4.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Banks Stephen G
Bought by
Banks Holli R

Purchase Details

Closed on
Jun 30, 2005
Sold by
Gilley Elizabeth M
Bought by
Banks Stephen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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    • 5 Baths
    • 4,472 Sq Ft
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    Kathleen Marshall Coldwell Banker Real Estate Group

    Section Image
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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
1540 E Shore Drive Trust -- None Available
Jmb Manning Revocable Trust -- None Available
Jmbmanning Revoc Trust $2,300,000 Mckesson Title Corp
Banks Holli R -- None Available
Banks Stephen G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jmb Manning Revocable Trust $1,588
Previous Owner Banks Stephen G $500,000
Previous Owner Banks Stephen G $1,994,670
Previous Owner Banks Stephen G $2,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $1,850,000 -22.8% $356 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
06/02/2015 06/02/15 For Sale $2,395,000 -- $461 / 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 $16,062 $1,543,700 $1,158,000 $385,700
2022 $16,062 $1,427,900 $1,070,700 $357,200
2021 $17,027 $1,374,600 $1,070,700 $303,900
2020 $16,971 $1,334,000 $1,039,500 $294,500
2019 $15,166 $1,302,900 $1,009,200 $293,700
2018 $15,306 $1,305,400 $1,009,200 $296,200
2017 $12,652 $1,306,900 $1,009,200 $297,700
2016 $8,636 $1,332,600 $1,029,800 $302,800
2014 $10,541 $1,416,800 $1,106,100 $310,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Sturman

    Seller's Agent in 2016

    Jim Sturman

    STURMAN REAL ESTATE SERVICES

    (317) 697-6666

    9 Total Sales

    Jim Sturman
    Section Image
  • Kathleen Marshall

    Buyer's Agent in 2016

    Kathleen Marshall

    Coldwell Banker Real Estate Group

    (574) 229-0076

    127 Total Sales

    Kathleen Marshall
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201525762

Indiana Regional MLS

APN: 50-21-22-000-110.000-013

Indiana Marshall County Culver 46511

1540 E Shore Dr, Culver, IN

This home is located at 1540 E Shore Dr, Culver, IN 46511 since 02 June 2015 and is currently estimated at $1,789,615, approximately $344 per square foot. This property was built in 1910. 1540 E Shore Dr is a home located in Marshall County with nearby schools including Culver Elementary School, Culver Community Middle/High School, and Culver Academies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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