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    Property profile & analytics

    824 Lk Shr Dr Culver, IN 46511-1159

    • Turn key restaurants
    • 4,672 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Jan 13, 2020
    Location Intelligence
    Property ID
    US31-1330805
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 824 Lk Shr Dr

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Property size
    4,672 SF
    Property type
    Turn key restaurants
    APN
    50-21-16-401-524.000-014
    APU
    502116401524000014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Culver
    County
    Marshall
    State
    Indiana
    Longitude
    -86.4148
    Latitude
    41.2203
    CBSA code
    38500
    CBSA name
    PLYMOUTH, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,578
    $202,900
    $195,800
    $398,700
    -
    $202,900
    $195,800
    $398,700

    Comparable in this City

    • Value Estimation by Request
      18,266 SF

      3000 Shr Dr

      RESTAURANT • 18,266 SF
      3000 Shr Dr, Culver, IN 46511-9741
      View Details
    • Value Estimation
      $295,000
      0.37 Acres

      300 Shr Dr

      RESTAURANT • 0.37 Acres
      300 Shr Dr, Culver, IN 46511-8914
      View Details
    • Value Estimation
      $490,000
      9,507 SF

      620 Lk Shr Dr

      RESTAURANT • 9,507 SF
      620 Lk Shr Dr, Culver, IN 46511-1122
      View Details
    • Value Estimation by Request
      2,100 SF

      634 Lk Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      634 Lk Shr Dr, Culver, IN 46511-1122
      View Details
    • Value Estimation by Request
      1,856 SF

      115 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,856 SF
      115 Main St, Culver, IN 46511-1601
      View Details
    • Value Estimation
      $280,000
      0.51 Acres

      820 Lk Shr Dr

      PARKING LOT • 0.51 Acres
      820 Lk Shr Dr, Culver, IN 46511-1159
      View Details

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      Versatile 80-acre property ideal for farming, livestock, or private estate.
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    824 Lk Shr Dr
    Culver, IN 46511-1159
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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