NOT LISTED FOR SALE

18072 Cherokee Trail Culver, IN 46511

Estimated Value: $324,863 - $338,000

3 Beds
1 Bath
950 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $350,000 $368 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,074/month

63 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Private Beach
  • Wood Flooring
  • Pier or Dock
  • Lake Property
  • Utility Room in Garage

About This Home

As of August 2023

Escape to this cozy cottage on beautiful private Lake Latonka! This turn-key home will not disappoint! The property features 3 bedrooms, 1 bath, eat-in kitchen and 2 car detached garage all situated on a double lot with lake and channel frontage. The crawl space has a new vapor barrier, new vinyl windows and light fixtures throughout the home, and new well will be installed in the near future. Enjoy some R&R on the included 1998 Sweetwater Pontoon with a 20HP Honda motor! The large deck at the back of the home is perfect for soaking up the sun and peace with a wonderful view of this all sports lake!

Last Agent to Sell the Property

Britney Diane Powell

Envision Real Estate Team - Rochester Listed on: 06/05/2023

Last Buyer's Agent

Jim Masterson

MASTERSON & ASSOC., INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,557

Year Built

  • Built in 1983

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 116x191
  • 43 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Irregular Lot

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Dirt Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Utility Room in Garage
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

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

Schools

  • Menominee Elementary School
  • Lincoln Middle School
  • Plymouth High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-31-21-000-286.000-017

Community Details

Overview

  • Lake Latonka Subdivision

Recreation

  • Pier or Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,557

Year Built

Built in 1983

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1983
  • Age: 40
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: INDIAN HILLS LOT 8 AND INDIAN HILLS LOT 9
  • Parcel Number ID: 50-31-21-000-286.000-017
  • Platted: Yes
  • Amenities: Deck Open, Deck on Waterfront, Dryer Hook Up Electric, Eat-In Kitchen, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Location: Lake
  • Sp Lp Percent: 89.97
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 950
  • Total Finished Sq Ft: 950
  • Above Grade Finished Sq Ft: 950
  • Price Per Sq Ft: 368.42
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Channel Canal Frontage: 101.1
  • Lake Type: Ski Lake
  • Sea Wall Type: Steel
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 42.56
  • Water Name: Lake Latonka

Garage/Parking

  • Driveway: Dirt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Lake
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 628
  • Association Fees Frequency: Annually
  • Common Amenities: Playground

Schools

  • School District: Plymouth Community School Corp.
  • Elementary School: Menominee
  • Middle School: Lincoln
  • High School: Plymouth
  • Elementary School: Menominee

Lot Info

  • Lot Description: Irregular, Lake, Waterfront-Medium Bank
  • Lot Dimensions: 116x191
  • Estimated Lot Sq Ft: 23087
  • Estimated Lot Size Acres: 0.53

Tax Info

  • Annual Taxes: 2556.76
  • Exemptions: Mortgage

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Plymouth
  • Middle School: Lincoln
  • School District: Plymouth Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Sep 6, 2023
Sold by
Laucis Wayne G and Laucis Laura S
Bought by
Laucis Wayne G and Laucis Laura S
Seller's Agent
Britney Diane Powell
Envision Real Estate Team - Rochester
Buyer's Agent
Jim Masterson
MASTERSON & ASSOC., INC.
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Views
23
Current Estimated Value
$331,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,568
Avg. Annual Appreciation
0.26%
Original Mortgage
$210,000
Outstanding Balance
$206,332
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$145,522

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 14, 2023
Sold by
Fisher Donald J and Fisher Megan L
Bought by
Laucis Wayne G and Laucis Lanra S
Seller's Agent
Britney Diane Powell
Envision Real Estate Team - Rochester
Buyer's Agent
Jim Masterson
MASTERSON & ASSOC., INC.
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$206,332
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$145,522

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 13, 2020
Sold by
Shedrow John M and Shedrow Suzanne
Bought by
Fisher Donald J and Fisher Megan L
Seller's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Britney Diane Powell
Envision Real Estate Team - Rochester
List Price
$242,000
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$193,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 16, 2013
Sold by
Tobola Frank P and Tobola Jerry M
Bought by
Shedrow John M and Shedrow Suzanne
Seller's Agent
Pam Baker
Listing Leaders, NCI-Culver
Buyer's Agent
Pam Baker
Listing Leaders, NCI-Culver
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$100,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Laucis Wayne G -- None Listed On Document
Laucis Wayne G -- None Listed On Document
Fisher Donald J -- None Available
Shedrow John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laucis Wayne G $210,000
Previous Owner Fisher Donald J $193,600
Previous Owner Shedrow John M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $350,000 -10.0% $368 / Sq Ft
06/05/2023 06/05/23 For Sale $389,000 +60.7% $409 / Sq Ft
11/13/2020 11/13/20 Sold $242,000 0.0% $252 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $242,000 +93.6% $252 / Sq Ft
08/16/2013 08/16/13 Sold $125,000 0.0% $130 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $125,000 -- $130 / 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 $2,592 $257,000 $159,400 $97,600
2022 $2,557 $159,400 $73,900 $85,500
2021 $2,338 $137,300 $56,900 $80,400
2020 $2,159 $122,200 $53,700 $68,500
2019 $2,078 $119,900 $52,600 $67,300
2018 $2,068 $121,400 $51,600 $69,800
2017 $1,767 $116,100 $49,600 $66,500
2016 $1,811 $118,800 $50,600 $68,200
2014 $1,742 $118,700 $51,100 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202318773

Indiana Regional MLS

APN: 50-31-21-000-286.000-017