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$989,000

830 Lake Shore Drive Culver, IN 46511

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Property Description
Don't miss this rare opportunity in Culver to be your own boss! This amazing business is ready for you to take over! This is the only Inn By The Lake in Culver, which means consistent income because of a high rental demand in this small town. Located near Culver Academy and Lake Maxinkuckee makes this a convenient spot for people to stay and play. Only a short distance to the Lake Maxinkuckee beach, restaurants, and shops. With 11 cute and comfortable units to rent, this property is full for all Academy events, year round. The immaculate living space for owners on the upper level provides privacy, as well as, convenience for assisting guests. There are 2 bedrooms and an open kitchen, dining, and living room areas with a private deck off the living room. This well loved and well maintained property is known for pampering guests with full breakfasts and special attention during their entire stay. There is a garage at the back of the property. There is also a laundry/storage room for supplies. This sale includes the full business, all property, most furnishings and appliances, plus the current owners will teach you all you need to know to get started. This is a turn-key business ready to generate income for it's new owners. Some measurements est. Some info taken from county records.
Address:830 Lake Shore Drive Culver IN 46511
Status:Active
on site: 13 days
Price:$989,000
Bathrooms:0
Year Built:1950
Lot Size:0.54
County: Marshall County
Township: Union
MLS #:202110265
Property Type:Hotel & Motel

Lot Dimensions:78x301
Directions:In Culver: Follow Lake Shore Dr. north past the park & beach. Inn by the Lake is just after Papa's Restaurant. Watch for signs.
Basement:No
Loan Price
$6,755
Price And Interest $5,159/month
Property Tax $1,184/month
MTG INS $0/month
HOME INS $412/month
Price
$989,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,184/month
Home Owner Insurance
$4,944 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
3rd Bedroom 14 x 2 Info Not Available
Den 2 x 3440 Info Not Available
Annual Property Tax:$7,105
Tax Year:2021
City:Culver
Subdivision: None
Zip Code:46511
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Listing Leaders, NCI-Culver.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.