2738 East Shore Drive

Culver, IN 46511

$14,500,000
Price
7
Beds
4
Baths
2,708 Sq. Ft.
$5,355 / Sq. Ft.
2,708
Sq. Ft.
$5,355
per Sq. Ft.

Description

Exceptional offering to own waterfront property on highly sought after Lake Maxinkuckee in Culver, IN. 1800+ acres of pristine water, Lake Max is the 2nd largest natural lake in Indiana. On the East Shore, there is no shortage of breathtaking sunsets. A developer’s dream to turn this lakefront land into individual building sites– at the water’s edge and/or wooded area. It could also be a private oasis for your own personal enjoyment. 17.5 +/- acres of woodlands, prime water frontage with sandy beach...Exceptional offering to own waterfront property on highly sought after Lake Maxinkuckee in Culver, IN. 1800+ acres of pristine water, Lake Max is the 2nd largest natural lake in Indiana. On the East Shore, there is no shortage of breathtaking sunsets. A developer’s dream to turn this lakefront land into individual building sites– at the water’s edge and/or wooded area. It could also be a private oasis for your own personal enjoyment. 17.5 +/- acres of woodlands, prime water frontage with sandy beach area, private island & channel, & large grassy clearings with endless possibilities. 4 charming cottages for the summertime. Culver is considered a resort town with a beautiful lake, home of the world-renowned Culver Academies, & proximity to Chicago, Indy, & South Bend. Golf, tennis & pickle ball club & Culver Marina & Beach Bar/Restaurant are nearby.
  1. Listed by Kathleen Marshall • Coldwell Banker Real Estate Group
  2. Listed by Troy Helman • Coldwell Banker Real Estate Group

Property Details for 2738 East Shore Drive

Style
Other
Subdivision
None
Waterfront
Yes
Pet Restrictions
No

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute
LISTING UPDATED: 09/18/2023 07:08 PM

Property Details for 2738 East Shore Drive

StatusActive
MLS #202333878
Days on Market247
Taxes$16,609 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1964
Lot Size17.50 AC / 762,300 SF
CountyMarshall County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 2738 East Shore Drive

Stories1Residences4Year Built1964Building Size-Lot Size17.50 AC / 762,300 SF

Payment Calculator

$80,517 per month

30 year fixed, 7.25% Interest

Principal and Interest

$79,132

Property Taxes

$1,384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2738 East Shore Drive

Summary
Location and General Information
  • Area: Marshall County
  • City: Culver
  • Zip Code: 46511
  • State: IN
  • Township: Union
  • Fips Code: 18099
  • Directions To Property: East Shore Dr. south to where road heads East near Culver Marina. Property sits behind or south of the home where you turn to head east. Property is also adjacent to and north of the Culver Marina.
  • Channel/Canal Frontage: 2710.0
  • Lake Type: Ski Lake
  • Water Frontage: 660.0
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 50-21-27-000-052.000-013
School Information
  • School District: Culver Community Schools Corp.
  • Elementary: Culver
  • Middle School: Culver
  • High School: Culver
Parking
  • Number Of Parking Spaces: 15
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 17.5
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2708.0
  • Approx Lot Size Sqft: 762300.0
  • Above Grade Finished Sqft: 2708.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2708.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Lake, Level, Partially Wooded
  • Outbuilding Length: 145.0
  • Outbuilding Sqft: 9425
  • Outbuilding Width: 65.0
Property and Assessments
  • New Construction: No
  • Year Built: 1964
  • Age: 59
  • Planned Unit Development: No
Utilities
  • Sewer: Septic
  • Water Utility: Well
  • Water Type: Lake
  • Water Access: Lakefront
  • Water Name: Lake Maxinkuckee
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking
  • Exterior: Wood
  • Outbuilding: Barn
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 4
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 4
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air, Window
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Electricity, Gas
  • Stories: 1
  • Number of Above Grade Bedrooms: 7
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 7
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 3
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $3,000.00
  • Annual Fuel Expense: $2,300.00
  • Annual Gross Rent $: $61,460
  • Annual Insurance Expense: $7,260
  • Annual Maint. Expense: $5,000
  • Annual Misc: $1,200
  • Annual Net Income: $23,571
  • Annual Property Tax: $16,609
  • Annual Trash Expense: $2,520
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $5,122
  • Gross Monthly Rent: $5,121
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: None
  • Tenant Pays: None

Property History for 2738 East Shore Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2738 East Shore Drive

Taxable ValueLand$1,093,700Additions$48,900Total$1,142,600
Tax Record2023$12,139 ($1,012 / month)
Home Facts
Beds3Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories2Lot Size52,272 SqFtStyleSingle Family ResidenceYear Built1880Year Renovated1940CountyMARSHALLAPN50-21-27-000-052.004-013

Schools near 2738 East Shore Drive

This home is within Culver Community Schools Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Culver Elementary School
PublicPK to 5

Culver Community High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2738 East Shore Drive is a multi-family home for sale in Culver, IN 46511. This property was listed for sale on September 17, 2023 by Coldwell Banker Real Estate Group, it's currently listed at $14,500,000. This listing's school district is Culver Community Schools Corp. Nearby schools include Culver Elementary School and Culver Community High School. 2738 East Shore Drive is a 7-bed, 4-bath, 2,708 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Real Estate Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.