NOT LISTED FOR SALE

1 Park Ave Unit 406 Winona Lake, IN 46590

Estimated Value: $149,000 - $174,000

1 Bed
1 Bath
489 Sq Ft
$300/mo HOA Fee

Last Sold March 20, 2020

Last sale price $96,500 $197 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,184/month

22 Days on Market

Highlights

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

About This Home

As of March 2020

Welcome to Idle-A-While in the Historic Winona Hotel Condominiums." This one bed, one bath unit include amenities such as pier space, full use of gym, laundry facilities, and common sitting areas. An elevator is available to check out the lake views from the tower. This unit has hardwood floors, built in storage, a granite countertop and a first floor storage room. Relax on the lake or enjoy shopping and restaurants at the Village At Winona. Close by Winona Lake Park with splash pad, tennis courts, the beach as well as Greenway bike and walking trails.

Last Agent to Sell the Property

Kim Hart

RE/MAX Results- Warsaw Listed on: 01/23/2020

RE/MAX Results- Warsaw

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1874

Lot Details

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

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Flooring
  • Water Views
  • Solid Surface Countertops
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream

Location

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

Schools

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

Utilities

  • Geothermal Heating and Cooling

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 43-11-15-400-048.000-033

Community Details

Recreation

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

Additional Features

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,329

Year Built

Built in 1874

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 146
  • Style: One Story
  • Architectural Style: Historic
  • Total Number of Rooms: 2
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 6-70-170.406 UNIT 406 WINONA HOTEL CONDO & 4.167% INTEREST IN COMMON AREA.
  • Parcel Number ID: 43-11-15-400-048.000-033
  • Platted: Yes
  • Amenities: Countertops-Solid Surf, Home Warranty Included, Near Walking Trail, Open Floor Plan
  • Grid: 15 - Central Kosc. Water
  • Location: City/Town/Suburb, Historic District, Near Walking Trail
  • Sp Lp Percent: 97.97
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 593
  • Total Finished Sq Ft: 489
  • Above Grade Finished Sq Ft: 489
  • Below Grade Sq Ft: 104
  • Price Per Sq Ft: 197.34
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 12x9, On Level: Main
  • Kitchen: Dimensions: 8x6, On Level: Main
  • Bedroom 1: Dimensions: 12x9, On Level: Main
  • Other Room1: Storage, Dimensions: 8x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 104

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Assoc, Pier/Dock Available, Walk to Lake Access
  • Water Frontage: 350
  • Water Name: Winona Lake

Garage/Parking

  • Off Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 900
  • Association Fees Frequency: Quarterly
  • Common Amenities: Dock, 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, Lake, Water View

Tax Info

  • Annual Taxes: 1329

Multi Family

  • Water Access: Lakefront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 20, 2020
Sold by
Gast Robert W and Gast Nancy A
Bought by
Walters Justice N
Seller's Agent
Kim Hart
RE/MAX Results- Warsaw
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$98,500
Sold Price
$96,500
Premium/Discount to List
-$2,000
-2.03%
Current Estimated Value
$161,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,273
Avg. Annual Appreciation
8.24%
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
Walters Justice N $96,500 First Federal Savings Bank
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $96,500 -2.0% $197 / Sq Ft
01/23/2020 01/23/20 For Sale $98,500 -- $201 / 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 $352 $94,900 $15,000 $79,900
2023 $84 $93,500 $7,700 $85,800
2022 $14 $82,200 $6,000 $76,200
2021 $115 $81,700 $6,000 $75,700
2020 $179 $71,000 $5,800 $65,200
2019 $1,333 $68,100 $5,800 $62,300
2018 $1,329 $65,900 $5,800 $60,100
2017 $1,270 $65,900 $5,800 $60,100
2016 $1,386 $69,900 $5,800 $64,100
2014 $283 $64,300 $5,800 $58,500
2013 $283 $63,700 $5,800 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202003004

Indiana Regional MLS

APN: 43-11-15-400-048.000-033