NOT LISTED FOR SALE

196 W Terrace Pkwy Culver, IN 46511

Estimated Value: $358,000 - $511,543

5 Beds
3 Baths
2,456 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $295,000 $120 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,569/month

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Eat-In Kitchen
  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Location is key to this 5 bedroom, 3 bathroom house. Sitting on the corner of West Terrace Pkwy and SR10, take in the beautiful views of the Academy's majestic black horses when they are in the field, and be just blocks from the Culver Academy campus! 2 of the bedrooms are unfinished but have been framed out. 2 bathrooms have plumbing to them, but need to be remodeled and repaired. Remodeling will take this bi-level home to the next level. Functioning kitchens both on the upper and lower levels, fireplace in the upper and lower living rooms, and some newer windows in 2013. Wonderful lot with mature trees and peaceful backyard.

Last Agent to Sell the Property

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Brokerage Email: shawn@shawnreed.net Listed on: 07/11/2023

Last Buyer's Agent

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Brokerage Email: shawn@shawnreed.net Listed on: 07/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1963

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 120 x 173
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Schools

  • Culver Elementary And Middle School
  • Culver High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 50-21-16-203-558.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,093

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1963
  • Age: 60
  • Style: Bi-Level
  • Total Number of Rooms: 9
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: WEST TERRACE SUB LOT 14
  • Parcel Number ID: 50-21-16-203-558.000-014
  • Platted: Yes
  • Amenities: Breakfast Bar, Eat-In Kitchen, Main Level Bedroom Suite, Main Floor Laundry
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3048
  • Total Finished Sq Ft: 2456
  • Above Grade Finished Sq Ft: 2456
  • Above Grade Unfinished Sq Ft: 592
  • Price Per Sq Ft: 120.11
  • Basement Foundation: Slab
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 18x12, On Level: Lower
  • Bedroom 2: Dimensions: 12x10, On Level: Lower
  • Bedroom 3: Dimensions: 18x20, On Level: Upper
  • Bedroom 4: Dimensions: 14x12, On Level: Upper
  • Bedroom 5: Dimensions: 14x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 23x14
  • Garage Sq Ft: 322
  • Garage: Yes

Utilities

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

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: 120 x 173
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48

Tax Info

  • Annual Taxes: 3093.34

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
Jul 11, 2023
Closed on
Aug 30, 2023
Sold by
Pari Arielle Paul
Bought by
Culver Educational Foundation
Seller's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$295,000
Sold Price
$295,000
Views
15
Current Estimated Value
$426,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,886
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
Jan 20, 2017
Sold by
Pare Beth A
Bought by
Pare A Paul
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
Culver Educational Foundation $295,000 None Listed On Document
Pare A Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pare A Paul $27,000
Closed Pare A Paul $151,250
Closed Pare A Paul $161,275
Closed Pare A Paul $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $295,000 0.0% $120 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $295,000 -- $120 / 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 $2,916 $379,700 $207,800 $171,900
2022 $2,916 $329,400 $181,600 $147,800
2021 $2,324 $251,100 $145,300 $105,800
2020 $2,243 $236,300 $132,000 $104,300
2019 $2,122 $227,200 $127,100 $100,100
2018 $2,104 $227,300 $127,100 $100,200
2017 $1,775 $219,100 $127,100 $92,000
2016 $1,828 $225,900 $131,000 $94,900
2014 $1,081 $154,600 $39,000 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202324142

Indiana Regional MLS

APN: 50-21-16-203-558.000-014