NOT LISTED FOR SALE

1 Park Ave Unit 206 Winona Lake, IN 46590

Estimated Value: $453,973 - $630,000

3 Beds
2.5 Baths
1,901 Sq Ft
$390/mo HOA Fee

Last Sold March 06, 2019

Last sale price $375,000 $197 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,844/month

18 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Pier or Dock
  • The property is located in a historic district
  • Warsaw Community High School Rated A-
  • Fitness Center
  • 5-minute walk to Winona Lake Park

About This Home

As of March 2019

Welcome to "Lakeside" which is located in the historic Winona Lake Hotel with great panoramic views of Winona Lake. This one owner condo features 3 bedrooms, 2 full baths and 1 half bath with 1,901 finished square feet. This open concept condo has 10' ceilings, fireplace and a wet bar . Living room, kitchen, master suite and laundry room all have great views of Winona Lake. 2nd and 3rd bedroom have a jack and jill bathroom and the 3rd bedroom has an extra closet for storage. Living room and master bedroom have doors that lead out to the covered porch where the fun begins! This is the only unit that has an attached 2 car garage that you can walk right into. The common area includes Fitness center/meeting space, library with balcony and roof top area. Deeded pier space which is managed and installed by the association. Enjoy swimming, fishing, skiing/wake boarding, floating or just relaxing on the boat. This is an all sports lake. Just steps away is the Village At Winona that offers shopping and restaurants. Also close by is the Greenway walking and bike trails and the Winona Lake Park that has a splash pad, play ground, tennis and basketball courts, and a beach area. This is a must see!

Last Agent to Sell the Property

Angie Hartley

Brian Peterson Real Estate Listed on: 01/11/2019

Last Buyer's Agent

Angie Hartley

Brian Peterson Real Estate Listed on: 01/11/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1874

Lot Details

  • 350 Feet of Waterfront
  • Lake Front
  • Backs to Open Ground
  • Landscaped
  • Historic Home

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Woodwork
  • Electric Fireplace
  • Pocket Doors
  • Great Room
  • Living Room with Fireplace
  • Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Covered patio or porch

Location

  • Suburban Location
  • The property is located in a historic district

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-047.000-033

Community Details

Recreation

  • Pier or Dock
  • Fitness Center

Security

  • Storm Doors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,418

Year Built

Built in 1874

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 145
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 006-070-170.206 UNIT 206 WINONA HOTEL CONDO & 4.167% INT IN COMMON AREA
  • Parcel Number ID: 43-11-15-400-047.000-033
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Laminate, Countertops-Stone, Dryer Hook Up Electric, Eat-In Kitchen, Fire Sprinkler System, Garage Door Opener, Jet Tub, Landscaped, Natural Woodwork, Near Walking Trail, Open Floor Plan, Pocket Doors, Porch Covered, Six Panel Doors, Storm Doors, Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Jack & Jill Bath
  • Grid: 15 - Central Kosc. Water
  • Location: City/Town/Suburb, Lake, Near College Campus, Near Walking Trail, Historic District
  • Sp Lp Percent: 98.94
  • Special Features: None

Interior Features

  • Total Sq Ft: 1901
  • Total Finished Sq Ft: 1901
  • Above Grade Finished Sq Ft: 1901
  • Price Per Sq Ft: 197.26
  • Basement: Yes
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Electric, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 19x20, On Level: Main
  • Kitchen: Dimensions: 21x14, On Level: Main
  • Dining Room: Dimensions: 12x20, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 350
  • Water Name: Winona Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x28
  • Garage Sq Ft: 560
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Dish Network
  • Laundry: Dimensions: Mainx7, On Level: 14
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1169
  • Association Fees Frequency: Quarterly
  • Common Amenities: Exercise Room, Sidewalks

Schools

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

Lot Info

  • Lot Description: Waterfront, Historic Designation, Lake

Tax Info

  • Annual Taxes: 3418
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 6, 2019
Sold by
Rlt Brundage Susan M and Rlt Leila G Humberd
Bought by
Teevan Matthew J and Teevan Pauline J
Seller's Agent
Angie Hartley
Brian Peterson Real Estate
Buyer's Agent
Angie Hartley
Brian Peterson Real Estate
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Current Estimated Value
$510,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,704
Avg. Annual Appreciation
4.77%
Original Mortgage
$258,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2008
Sold by
Humberd Leila G
Bought by
Humberd Leila G
Source: Public Records

Range of Values:

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Average Value
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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
Teevan Matthew J $375,000 First Federal Savings Bank
Humberd Leila G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teevan Matthew J $100,000
Closed Teevan Matthew J $96,900
Open Teevan Matthew J $257,500
Closed Teevan Matthew J $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $375,000 -1.1% $197 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $379,000 -- $199 / 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 $7,601 $433,800 $15,000 $418,800
2023 $7,677 $422,300 $7,700 $414,600
2022 $6,624 $359,700 $6,000 $353,700
2021 $6,583 $344,300 $6,000 $338,300
2020 $6,815 $346,700 $5,800 $340,900
2019 $3,549 $332,000 $5,800 $326,200
2018 $3,432 $320,100 $5,800 $314,300
2017 $3,418 $318,400 $5,800 $312,600
2016 $3,596 $334,300 $5,800 $328,500
2014 $3,092 $304,300 $5,800 $298,500
2013 $3,092 $300,900 $5,800 $295,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201901336

Indiana Regional MLS

APN: 43-11-15-400-047.000-033