NOT LISTED FOR SALE

1 Park Ave Unit 204 Winona Lake, IN 46590

Estimated Value: $418,502 - $642,000

2 Beds
2 Baths
1,440 Sq Ft
$340/mo HOA Fee

Last Sold January 30, 2018

Last sale price $300,000 $208 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,215/month

90 Days on Market

Highlights

  • 18 Feet of Waterfront
  • Boat Dock
  • Lake Property
  • Warsaw Community High School Rated A-
  • Fitness Center
  • 5-minute walk to Winona Lake Park

About This Home

As of January 2018

One owner Winona Lake Hotel Condo. Eat in kitchen, large living room, and main level access with one of the best views on Winona Lake! Pier slip for boat docking is included, this unit has double french doors, front and back, master suite with walk in closet, 10 foot ceilings, plenty of storage "hidden" throughout the unit! Stainless kitchen appliances, washer and dryer, geothermal heating/cooling and a fireplace! Detached 2 car garage and access to the common fitness center/meeting space included! Sit on the covered porch overlooking the lake or the "back covered porch" and relax! Walking distance to the Village at Winona and access to the greenway! Awesome year round home or convenient way to access and enjoy Winona Lake and the Village as a summer worry free getaway!

Last Agent to Sell the Property

The Mark Skibowski Team

Re/Max Lakes Listed on: 10/04/2017

Re/Max Lakes

Last Buyer's Agent

Joni Hire

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1874

Lot Details

  • 18 Feet of Waterfront
  • Partially Wooded Lot
  • Historic Home

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • Jefferson Elementary School
  • Lakeview Middle School
  • Warsaw High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-029.000-033

Community Details

Recreation

  • Boat Dock
  • Pier or Dock
  • Waterfront Owned by Association
  • Fitness Center

Additional Features

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,960

Year Built

Built in 1874

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1874
  • Age: 144
  • Style: Three Story
  • Architectural Style: Historic
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 006-070-170.204 Unit 204 & 204 G Winona Hotel Condo |
  • Parcel Number ID: 43-11-15-400-029.000-033
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-in Desk, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Deck on Waterfront, Garage Door Opener, Porch Covered, Six Panel Doors, Stand Up Shower, Main Floor Laundry
  • Grid: 10 - Central Kosc.
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 90.94
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 208.33
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Living Great Room: Dimensions: 17x17, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Extra Room: Master Bath, Dimensions: 9x9, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 17x12, On Level: Main
  • Other Room1: Guest Bath, Dimensions: 8x9, On Level: Main
  • Other Room 2: Master Walk In, Dimensions: 6x5, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Assoc, Pier/Dock
  • Water Frontage: 18
  • Water Name: Winona Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx3, On Level: 6
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1021
  • Association Fees Frequency: Quarterly
  • Common Amenities: Clubhouse, Dock, Exercise Room, Sidewalks

Schools

  • School District: Warsaw Community
  • Elementary School: Jefferson
  • Middle School: Lakeview
  • High School: Warsaw
  • Elementary School: Jefferson

Lot Info

  • Lot Description: Partially Wooded, Waterfront, Historic Designation

Tax Info

  • Annual Taxes: 2960
  • Exemptions: Geothermal, Homestead, Supplemental

MLS Schools

  • High School: Warsaw
  • Middle School: Lakeview
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jan 30, 2018
Sold by
Gesaman Rita
Bought by
David
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
Joni Hire
Coldwell Banker Real Estate Group
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%
Current Estimated Value
$486,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,626
Avg. Annual Appreciation
5.84%
Original Mortgage
$240,000
Outstanding Balance
$205,334
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$258,035
Source: Public Records

Range of Values:

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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
David $300,000 --
David Mcgrady Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Mcgrady Living Trust $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $300,000 -9.1% $208 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $329,900 -- $229 / 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 $3,654 $396,400 $15,000 $381,400
2023 $3,019 $361,400 $7,700 $353,700
2022 $2,870 $320,000 $6,000 $314,000
2021 $2,733 $300,400 $6,000 $294,400
2020 $2,837 $302,700 $5,800 $296,900
2019 $2,833 $300,400 $5,800 $294,600
2018 $2,849 $289,700 $5,800 $283,900
2017 $2,717 $288,700 $5,800 $282,900
2016 $2,960 $303,000 $5,800 $297,200
2014 $2,406 $267,700 $5,800 $261,900
2013 $2,406 $264,600 $5,800 $258,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201745812

Indiana Regional MLS

APN: 43-11-15-400-029.000-033