NOT LISTED FOR SALE

425 S Main St Culver, IN 46511

Estimated Value: $252,869 - $288,000

4 Beds
2 Baths
1,024 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $209,000 $204 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,738/month

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of June 2021

Rare Opportunity! Two nicely renovated homes on one lot near downtown Culver! Use one as a home and rent the other, or use both for in-laws, kids hang-out, home office or overflow. The small house (#427) has a solid year-round rental history for $550/month (tenant pays own utilities) and contains one bedroom, a large full bathroom, galley kitchen, newer appliances including washer/dryer and living room. The second home’s (#425) kitchen, dining and living rooms are open concept and has 3 bedrooms, one bath and newer all season HVAC system. The front of the home has an enclosed porch or home office facing the street. The rear entry way has a mud-room and large laundry room off the two car attached garage. Ample parking. A full basement seems high and dry, lots of storage in the basement and garage. Great opportunity for potential investment property. Both houses were recently renovated with flooring, cabinetry, appliances, fixtures and both with metal roofs installed in 2016. Both come nicely furnished, newer appliances and turn-key with everything you need to immediately occupy and entertain!

Last Listed By

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Listed on: 03/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 73x99
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 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 50-21-21-101-010.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 101
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: A TR OF LAND IN THE S1/2 OF THE N1/3 OF LOT 1 COM AT SE COR OF THE 1A TRACT OWNED BY THE EVANGELICAL ASS ON THE WEST SIDE OF RD TH S 149 TO N LN HWY TO POB TH WEST 103 TH N 73 TH E 103 TH S TO PO
  • Parcel Number ID: 50-21-21-101-010.000-014
  • Platted: Yes
  • Sp Lp Percent: 88.94
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2048
  • Total Finished Sq Ft: 1024
  • Above Grade Finished Sq Ft: 1024
  • Below Grade Sq Ft: 1024
  • Price Per Sq Ft: 204.1
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: Dimensions: 8x11, On Level: Main
  • Bedroom 2: Dimensions: 11x8, On Level: Main
  • Bedroom 3: Dimensions: 10x8, On Level: Main
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1024

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • 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: 73x99
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 1816.06

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
Mar 31, 2021
Closed on
Jun 8, 2021
Sold by
Culver South Main Llc
Bought by
Luttrell Richard T and Luttrell Jennifer J
Seller's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$235,000
Sold Price
$209,000
Premium/Discount to List
-$26,000
-11.06%
Total Days on Market
0
Current Estimated Value
$268,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,717
Avg. Annual Appreciation
7.91%
Original Mortgage
$156,750
Outstanding Balance
$143,759
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,682

Purchase Details

Closed on
Feb 6, 2017
Sold by
Walsh Shawn P and Walsh Allison L
Bought by
Culver South Main Llc

Purchase Details

Listed on
Jun 10, 2014
Closed on
Sep 11, 2014
Sold by
Walsh Shawn P and Walsh Allison L
Bought by
Culver South Main Llc
Seller's Agent
Pam Baker
Listing Leaders, NCI-Culver
Buyer's Agent
Pam Baker
Listing Leaders, NCI-Culver
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$92,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 14, 2014
Sold by
Hazen Patricia K and Robarts Patricia K
Bought by
Walsh Shawn P and Walsh Allison L
Seller's Agent
Pam Baker
Listing Leaders, NCI-Culver
Buyer's Agent
Pam Baker
Listing Leaders, NCI-Culver
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2002
Sold by
Donald Robarts
Bought by
Robarts Patricia K

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
Luttrell Richard T -- None Available
Culver South Main Llc -- None Available
Culver South Main Llc -- None Available
Walsh Shawn P -- None Available
Robarts Patricia K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luttrell Richard T $156,750
Previous Owner Culver South Main Llc $92,000
Previous Owner Walsh Shawn P $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $209,000 -11.1% $204 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $235,000 +104.3% $229 / Sq Ft
09/11/2014 09/11/14 Sold $115,000 -11.5% $112 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $129,900 -- $127 / 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 $2,981 $253,300 $51,500 $201,800
2022 $2,981 $167,300 $33,400 $133,900
2021 $2,095 $118,500 $23,900 $94,600
2020 $1,900 $103,200 $20,800 $82,400
2019 $1,816 $99,200 $19,900 $79,300
2018 $1,799 $99,200 $19,900 $79,300
2017 $1,636 $102,000 $20,400 $81,600
2016 $1,494 $100,000 $19,900 $80,100
2014 $1,059 $67,500 $16,000 $51,500
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202110416

Indiana Regional MLS

APN: 50-21-21-101-010.000-014