NOT LISTED FOR SALE

212 N Main St Unit 2 Culver, IN 46511

Estimated Value: $274,306 - $306,000

2 Beds
2 Baths
1,356 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $95,000 $70 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,791/month

89 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Covered Deck
  • Level Lot

About This Home

As of September 2017

Great opportunity to own a turnkey 2 unit apartment building in Culver, In. Home of beautiful Lake Maxinkuckee featuring Culver Military Academy. Buy this and keep the tenants or buy it for yourself for Culver weekends. Lower level is presently rented as business. with opportunity of 2-3 offices, kitchen, conference room and bath. Upper level is rented to private party for residential living. Upper has 1 bedroom, living room, kitchen and bath. Basement is perfect for Storage area and laundry. Don't wait and wish you had purchased this excellent location, building and a storage shed that is also being rented out. It would make an excellent storm shelter. Call for your private showing.

Last Agent to Sell the Property

Linda Jacobson

RE/MAX OAK CREST -PLYMOUTH Listed on: 06/13/2017

RE/MAX OAK CREST -PLYMOUTH

Last Buyer's Agent

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72x99
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Community Well

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 50-21-16-303-113.000-014

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $565
  • Maintenance Expense $790
  • Water Sewer Expense $991

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,569

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 26& LOT 27 EX 60' OP COMB FORM COMB 11 W/113
  • Parcel Number ID: 50-21-16-303-113.000-014
  • Platted: Yes
  • Amenities: Basement, Deck Covered, Porch Enclosed
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2088
  • Total Finished Sq Ft: 1356
  • Above Grade Finished Sq Ft: 1356
  • Below Grade Sq Ft: 732
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 732
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Well Type: Community
  • Annual Insurance Expense: 564.99
  • Annual Maintenance Expense: 790
  • Annual Water Sewer Expense: 991.02
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x99
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 1569

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 2, 2017
Sold by
Taiclet Llc
Bought by
Easterday Houin Llp
Seller's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Current Estimated Value
$291,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,435
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Jul 22, 2015
Sold by
The Gordon C Taiclet & Dorothy B Taiclet
Bought by
Taiclet Llc

Purchase Details

Closed on
Apr 4, 2012
Sold by
Taiclet Dorothy B
Bought by
Taiclet Gordon C and Taiclet Dorothy B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Easterday Houin Llp -- None Available
Taiclet Llc -- Attorney
Taiclet Gordon C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $95,000 -17.4% $70 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $115,000 -- $85 / 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 $3,075 $210,200 $64,100 $146,100
2022 $3,075 $170,200 $64,100 $106,100
2021 $2,571 $145,400 $67,900 $77,500
2020 $2,567 $139,400 $67,900 $71,500
2019 $2,433 $132,900 $65,400 $67,500
2018 $1,536 $84,700 $42,300 $42,400
2017 $1,640 $105,200 $43,600 $61,600
2016 $1,861 $124,000 $64,100 $59,900
2014 $1,896 $123,800 $64,100 $59,700
Source: Public Records

Agents Affiliated with this Home

  • Linda Jacobson

    Seller's Agent in 2017

    Linda Jacobson

    RE/MAX

    (574) 952-1805

    141 Total Sales

    Linda Jacobson
    Section Image
  • Jennifer Luttrell

    Buyer's Agent in 2017

    Jennifer Luttrell

    COLLINS and CO. REALTORS - CULVER

    (574) 250-3852

    158 Total Sales

    Jennifer Luttrell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201726943

Indiana Regional MLS

APN: 50-21-16-303-113.000-014

Indiana Marshall County Culver 46511

212 N Main St Unit 2, Culver, IN

Not Listed for Sale

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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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