NOT LISTED FOR SALE

515 W Jefferson St Culver, IN 46511

Estimated Value: $208,620

2.88 Acres
$72,438 Price per Acre
125,453 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $193,000 $345 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,303/month

169 Days on Market

About This Lot

As of January 2024

ANOTHER REDUCTION! Do not miss out on this unique opportunity for land along Gateway into Culver from the West. 2.88 acres of possibilities on this park-like setting. Per the Town of Culver Zoning Ordinances - this property is currently zoned R-2 - which is described as "Residential District which "permits the intermingling of single-family, two-family, and multi-family dwellings designed to promote a healthy, safe, stable environment for residential development free from incompatible uses." It is possible to get this zoning changed to accommodate your plans. Let your creative juices flow! Utilities already go to this property. Some info from Marshall County. Buyer to perform due diligence and get proper permits.

Last Agent to Sell the Property

Kathleen Marshall

Coldwell Banker Real Estate Group Listed on: 04/05/2023

Coldwell Banker Real Estate Group

Co-Listed By

Claire Henderson

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,490

Lot Details

  • 2.88 Acre Lot
  • Lot Dimensions are 317x396
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Culver Elementary And Middle School
  • Culver High School

Listing and Financial Details

  • Assessor Parcel Number 50-21-17-404-144.000-014

Property Details

Property Type

Land

Est. Annual Taxes

$2,490

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 2.88 TR SE 330' N&S X 396' E&W EX
  • Parcel Number ID: 50-21-17-404-144.000-014
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.98
  • Parcel Description: Level, 0-2.9999
  • Type of Sale: Traditional
  • Side Of Road: South
  • Type Use: Multi-Family, Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: City

Schools

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

Lot Info

  • Lot Dimensions: 317x396
  • Estimated Lot Sq Ft: 125453
  • Estimated Lot Size Acres: 2.88

Tax Info

  • Annual Taxes: 2489.95

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
Apr 5, 2023
Closed on
Jan 4, 2024
Sold by
Arnett Tammy L and Farmer Mitchell T
Bought by
Go To The Max Llc
Seller's Agent
Kathleen Marshall
Coldwell Banker Real Estate Group
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$239,000
Sold Price
$193,000
Premium/Discount to List
-$46,000
-19.25%
Views
92
Current Estimated Value
$208,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,620
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Arnett Tammy L and Farmer Mitchell T
Bought by
Culver Redevelopment Commission

Purchase Details

Closed on
Mar 5, 2007
Sold by
Powers Bruce Theodore
Bought by
Arnett Tammy L and Farmer Mitchell T

Purchase Details

Closed on
Feb 28, 2007
Sold by
Powers Mary M
Bought by
Arnett Tammy L and Farmer Mitchell T
Source: Public Records

Range of Values:

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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
Go To The Max Llc $193,000 None Listed On Document
Culver Redevelopment Commission -- None Available
Arnett Tammy L -- None Available
Arnett Tammy L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $193,000 -3.0% $345 / Sq Ft
08/01/2023 08/01/23 Price Changed $199,000 -4.8% $355 / Sq Ft
06/29/2023 06/29/23 Price Changed $209,000 -4.6% $373 / Sq Ft
05/31/2023 05/31/23 Price Changed $219,000 -4.4% $391 / Sq Ft
04/21/2023 04/21/23 Price Changed $229,000 -4.2% $409 / Sq Ft
04/05/2023 04/05/23 For Sale $239,000 -- $427 / 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 $2,358 $142,500 $142,500 --
2022 $2,358 $142,500 $142,500 $0
2021 $2,679 $151,100 $151,100 $0
2020 $2,790 $151,100 $151,100 $0
2019 $1,915 $104,200 $72,700 $31,500
2018 $3,654 $104,200 $72,700 $31,500
2017 $1,679 $104,200 $72,700 $31,500
2016 $1,630 $102,200 $71,300 $30,900
2014 $1,660 $105,800 $74,200 $31,600
2013 $3,098 $208,800 $169,600 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202310082

Indiana Regional MLS

APN: 50-21-17-404-144.000-014