NOT LISTED FOR SALE

1 Park Ave Unit 403 Winona Lake, IN 46590

Estimated Value: $175,035 - $200,000

1 Bed
1 Bath
612 Sq Ft
$380/mo HOA Fee

Last Sold January 21, 2021

Last sale price $125,000 $204 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,548/month

82 Days on Market

Highlights

  • Pier or Dock
  • Fitness Center
  • Open Floorplan
  • Warsaw Community High School Rated A-
  • Waterfront
  • 5-minute walk to Winona Lake Park

About This Home

As of January 2021

WOW!! A lakefront condo at a reasonable price! Enjoy the ambience of an historic lakefront hotel yet with all the modern conveniences! Picturesque lake views from your "Treetop" condo which features all appliances, quartz counters, built-in drawers for storage. Newer geothermal furnace and water heater. A storage unit is located on the bottom floor. Your pier space awaits right across the street. Solid six panel doors throughout. This condo comes fully furnished (even down to the dishes). There is both front and rear access to the building. There is an exercise room in the lower level. Move in ready and DOC possession!

Last Listed By

Marcia Anderson

Coldwell Banker Real Estate Group Listed on: 10/16/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1874

Lot Details

  • Waterfront
  • Backs to Open Ground
  • Historic Home

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Waterski or Wakeboard
  • Dock Rights
  • Lake, Pond or Stream

Location

  • Suburban Location

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-062.000-033

Community Details

Recreation

  • Pier or Dock
  • Fitness Center

Additional Features

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,291

Year Built

Built in 1874

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 147
  • Style: Attached
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 6-70-170.403 UNIT 403 WINONA HOTEL CONDO & 4.167% INTEREST IN COMMON AREA.
  • Parcel Number ID: 43-11-15-400-062.000-033
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Solid Surf, Eat-In Kitchen, Near Walking Trail, Open Floor Plan, Six Panel Doors
  • Grid: 15 - Central Kosc. Water
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.21
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 711
  • Total Finished Sq Ft: 612
  • Above Grade Finished Sq Ft: 612
  • Below Grade Sq Ft: 99
  • Price Per Sq Ft: 204.25
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x11, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 99

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock, Pier/Dock Available
  • Water Name: Winona Lake

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Hvac: Geothermal Hvac
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1139
  • Association Fees Frequency: Quarterly
  • Common Amenities: Exercise Room, Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Waterfront, Historic Designation

Tax Info

  • Annual Taxes: 2290.98

Multi Family

  • Water Access: Easement

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 14, 2017
Sold by
Kevan Johnston
Bought by
Toni
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Marcia Anderson
Coldwell Banker Real Estate Group
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Total Days on Market
82
Current Estimated Value
$184,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,259
Avg. Annual Appreciation
5.51%
Original Mortgage
$84,000
Outstanding Balance
$70,721
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$117,880

Purchase Details

Closed on
Mar 12, 2014
Sold by
Johnston Kevan
Bought by
Johnston Kevan and Johnston Carolyn L

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 19, 2013
Sold by
Temple Rebecca A
Bought by
Temple David J
Seller's Agent
Mark Aker
The Property Shoppe
Buyer's Agent
Mark Aker
The Property Shoppe
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Range of Values:

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Average Value
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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
Toni $124,000 --
Copenhaver Toni R $124,000 First Federal Savings Bank
Johnston Kevan -- None Available
Temple David J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copenhaver Toni R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $125,000 -0.8% $204 / Sq Ft
11/30/2020 11/30/20 Price Changed $126,000 -3.1% $206 / Sq Ft
10/16/2020 10/16/20 For Sale $130,000 +4.8% $212 / Sq Ft
07/14/2017 07/14/17 Sold $124,000 -4.5% $172 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $129,900 +18.1% $180 / Sq Ft
05/31/2013 05/31/13 Sold $110,000 -8.3% $180 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $119,900 -- $196 / 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 $2,294 $142,000 $15,000 $127,000
2023 $2,012 $138,600 $7,700 $130,900
2022 $1,790 $122,100 $6,000 $116,100
2021 $1,792 $119,100 $6,000 $113,100
2020 $2,188 $111,300 $5,800 $105,500
2019 $2,291 $117,000 $5,800 $111,200
2018 $2,277 $112,900 $5,800 $107,100
2017 $1,899 $113,000 $5,800 $107,200
2016 $2,042 $118,300 $5,800 $112,500
2014 $1,788 $109,200 $5,800 $103,400
2013 $1,788 $107,800 $5,800 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202042343

Indiana Regional MLS

APN: 43-11-15-400-062.000-033