Seller's Agent in 2017
Jim Sturman
STURMAN REAL ESTATE SERVICES
(317) 697-6666
8 Total Sales
2550 E Shore Ln Culver, IN 46511
Estimated Value: $2,071,127 - $3,947,000
5
Beds
4
Baths
3,850
Sq Ft
$712/Sq Ft
Est. Value
Highlights
- 88 Feet of Waterfront
- Basketball Court
- Wooded Lot
- Pier or Dock
- Lake Property
- Wood Flooring
About This Home
As of August 2017East Shore Lane opportunity! Built in 1997, this large "lane" property affords privacy, a large lot (88 front ft per county records), five bedrooms and four full baths. No stairs to the lake. The views and sunsets are spectacular as the shore line falls away with views to the south and north. A true four season home, the enclosed porch can offer an outdoor summer experience, just steps from the a beautiful kitchen and wet bar. In the cooler months, the vaulted ceiling in the living room can be enjoyed while the fire is roaring in the massive stone fireplace. This home has been been professionally maintained. Several updates have occurred since construction. Hardwood floors on the main floor with upscale finishes throughout are sure to impress. The home has two car attached garage and workshop with a lake view! There is a vinyl pier with a very large deck included. Also included in this "turnkey" sale. is The Maxinkuckee CC is a few blocks away. Mystic Hills CC 1.5 miles. Culver Academy approximately 2.5 miles. The East Shore Lane is a private community with no through traffic. Your Lake Maxinkuckee experience awaits!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,330
Year Built
- Built in 1997
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 88 x 139
- 88 Feet of Waterfront
- Lake Front
- Wood Fence
- Irrigation
- Wooded Lot
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Cabin
- Poured Concrete
- Asphalt Roof
- Cedar
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Double Pane Windows
- Insulated Doors
- Living Room with Fireplace
- Crawl Space
- Gas And Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Home Security
- Security System Leased
- Fire and Smoke Detector
Outdoor Features
- Seawall
- Lake Property
- Lake, Pond or Stream
- Basketball Court
- Balcony
- Enclosed Patio or Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50-21-27-000-033.000-013
Community Details
Recreation
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2021
Sold by
Sturman Jason and Sturman Molly
Bought by
1128 Investments Llc
Current Estimated Value
Purchase Details
Listed on
Oct 17, 2016
Closed on
Aug 1, 2017
Sold by
Phspe1 Llc
Bought by
Sturman Jason and Sturman Molly
Seller's Agent
Jim Sturman
STURMAN REAL ESTATE SERVICES
Buyer's Agent
Jim Sturman
STURMAN REAL ESTATE SERVICES
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Purchase Details
Closed on
Apr 24, 2017
Sold by
Indiana Lake Properties Llc
Bought by
Phspe1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,059,276
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2008
Sold by
Schwartz Richard and Schwartz Sigrid
Bought by
Indiana Lake Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,672,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2008
Sold by
Sturman James F and Sturman Land Trust
Bought by
Schwartz Richard and Schwartz Sigrid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,672,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2005
Sold by
Pettenaro Linda A
Bought by
Schwartz Richard and Schwartz Sigrid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 28, 2001
Sold by
Sturman James F Trustee 0F
Bought by
Petternaro Linda A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1128 Investments Llc | -- | None Available | |
| Sturman Jason | -- | None Available | |
| Phspe1 Llc | -- | Old Republic Title | |
| Indiana Lake Properties Llc | -- | None Available | |
| Schwartz Richard | -- | None Available | |
| Schwartz Richard | -- | Mckesson Title Corp | |
| Petternaro Linda A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phspe1 Llc | $1,059,276 | |
| Previous Owner | Indiana Lake Properties Llc | $3,672,000 | |
| Previous Owner | Schwartz Richard | $3,672,000 | |
| Previous Owner | Schwartz Richard | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2017 08/02/17 | Sold | $1,800,000 | -14.3% | $468 / Sq Ft |
| 06/19/2017 06/19/17 | Pending | -- | -- | -- |
| 10/17/2016 10/17/16 | For Sale | $2,100,000 | -- | $545 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $21,004 | $1,923,900 | $1,622,100 | $301,800 |
| 2022 | $21,004 | $1,867,000 | $1,587,500 | $279,500 |
| 2021 | $22,162 | $1,807,300 | $1,587,500 | $219,800 |
| 2020 | $22,382 | $1,759,300 | $1,541,300 | $218,000 |
| 2019 | $19,901 | $1,709,700 | $1,496,500 | $213,200 |
| 2018 | $20,046 | $1,709,700 | $1,496,500 | $213,200 |
| 2017 | $16,459 | $1,700,100 | $1,496,500 | $203,600 |
| 2016 | $16,331 | $1,726,900 | $1,527,000 | $199,900 |
| 2014 | $17,590 | $1,860,800 | $1,651,600 | $209,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Sturman
Map
Source: Indiana Regional MLS
MLS Number: 201648357
APN: 50-21-27-000-033.000-013
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