NOT LISTED FOR SALE

515 Academy Rd Culver, IN 46511

Estimated Value: $401,000 - $543,124

4 Beds
3 Baths
2,056 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $422,500 $205 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,780/month

108 Days on Market

About This Home

As of August 2022

Don't miss your chance to own one of the few homes along Academy Road on a beautiful corner lot! This newly remodeled tri-level has 4 bedrooms and 3 bathrooms, and is just blocks to Culver Academies and stunning Lake Maxinkuckee. So much new: completely new kitchen and appliances, windows, roof, engineered hardwood planking throughout, finished basement, etc. Lovely open concept kitchen, dining and living room on the first level with a picturesque bay window. Sizeable family room downstairs along with a bedroom, full bath, and laundry room. Upstairs is the main bedroom with attached full bath, along with 2 other nice sized bedrooms and third full bathroom. 2 car attached garage for convenience. The fenced-in backyard is so inviting, and has a patio for entertaining and taking in the peace and quiet of Culver. Nearby 3 season room enters back into the dining area. Buyer to measure for own satisfaction.

Last Agent to Sell the Property

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER Listed on: 05/03/2022

Last Buyer's Agent

Noreen Cagle

Marquee Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1961

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 137x120

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Culver Elementary And Middle School
  • Culver High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50-21-16-302-196.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1961
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: VON EHRS SUB LOT 3
  • Parcel Number ID: 50-21-16-302-196.000-014
  • Platted: Yes
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2056
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Finished Sq Ft: 760
  • Basement Foundation: Finished
  • Family Room: Dimensions: 14x23, On Level: Basement
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 11x14, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 760

Exterior Features

  • Exterior: Aluminum, Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage: Yes

Utilities

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

Schools

  • Elementary School: Culver

Lot Info

  • Lot Dimensions: 137x120
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Tax Info

  • Annual Taxes: 2229.66
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Culver
  • Middle School: Culver
  • School District: Culver Community Schools Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Richard Reilly
Bought by
Young Joseph Adam and Young Jacqueline Craig
Current Estimated Value
$474,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 19, 2021
Sold by
Colby Gary and Colby Sandra
Bought by
Reilly Richard
Seller's Agent
Kathleen Marshall
Coldwell Banker Real Estate Group
Buyer's Agent
Shelley Marsiliano
RE/MAX OAK CREST -PLYMOUTH
List Price
$279,000
Sold Price
$230,000
Premium/Discount to List
-$49,000
-17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%
Original Mortgage
$230,000
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 2002
Sold by
Bayless Charles E
Bought by
Bayless Charles E Fam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Young Joseph Adam -- None Listed On Document
Reilly Richard -- None Available
Bayless Charles E Fam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Joseph Adam $338,000
Previous Owner Reilly Richard $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $422,500 -4.8% $205 / Sq Ft
07/27/2022 07/27/22 Price Changed $444,000 -1.1% $216 / Sq Ft
06/21/2022 06/21/22 Price Changed $449,000 -3.2% $218 / Sq Ft
06/14/2022 06/14/22 Price Changed $464,000 -6.1% $226 / Sq Ft
05/03/2022 05/03/22 For Sale $494,000 +114.8% $240 / Sq Ft
01/19/2021 01/19/21 Sold $230,000 -7.4% $111 / Sq Ft View Prior Sale
01/11/2021 01/11/21 Pending -- -- --
10/18/2020 10/18/20 Price Changed $248,500 -3.9% $120 / Sq Ft
10/17/2020 10/17/20 Price Changed $258,500 -7.3% $125 / Sq Ft
09/24/2020 09/24/20 For Sale $279,000 +21.3% $135 / Sq Ft
09/08/2020 09/08/20 Off Market $230,000 -- --
09/04/2020 09/04/20 For Sale $279,000 -- $135 / 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 $3,642 $429,700 $185,100 $244,600
2022 $3,642 $313,200 $161,900 $151,300
2021 $2,433 $261,300 $140,700 $120,600
2020 $2,230 $235,900 $122,400 $113,500
2019 $2,111 $227,000 $117,700 $109,300
2018 $2,146 $227,000 $117,700 $109,300
2017 $1,886 $225,900 $117,700 $108,200
2016 $1,867 $225,900 $117,700 $108,200
2014 $1,287 $171,200 $43,800 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202216174

Indiana Regional MLS

APN: 50-21-16-302-196.000-014