NOT LISTED FOR SALE

1 Park Ave Unit 407 Winona Lake, IN 46590

Estimated Value: $172,000 - $214,000

1 Bed
1 Bath
802 Sq Ft
$244/mo HOA Fee

Last Sold July 21, 2017

Last sale price $120,000 $150 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,450/month

55 Days on Market

Highlights

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

About This Home

As of July 2017

Located in the Heart of the Winona Lake Artisan district with the Heritage trail outside your front door, parks, restaurants, beach and stunning view of the lake from every room in the house. This 700 sq ft condo has so much to offer from custom cabinetry, granite tops, stainless steel, built-in's in every room... don't miss the relaxing roof top crows nest for incredible views of the entire area. Condo amenities include a library, game room, exercise facilities, relaxing wraparound porch, convenient elevator and laundry. Condo includes a ground floor storage room. Bring your boat, cruising for the sunset, wakeboarding, skiing, fishing. Enjoy the charm of yesteryear in this historic building but with the modern amenities of today.

Last Listed By

Daniel Harstine

Integrity Real Estate Listed on: 04/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1874

Lot Details

  • 200 Feet of Waterfront
  • Public Beach
  • Backs to Open Ground
  • Landscaped
  • Lot Has A Rolling Slope
  • Historic Home

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stucco Exterior
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Bar
  • Woodwork
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Laminate Flooring
  • Water Views
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Exterior Basement Entry
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

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

Location

  • Suburban Location

Utilities

  • Geothermal Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-044.000-033

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

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

Additional Features

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,137

Year Built

Built in 1874

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 143
  • Style: One and Half Story
  • Architectural Style: Historic
  • Total Number of Rooms: 5
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 006-070-170.407 Unit 407 Winona Hotel Condo & 4.167% common area
  • Parcel Number ID: 43-11-15-400-044.000-033
  • Platted: Yes
  • Amenities: Alarm System-Security, Bar, Cable Available, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Eat-In Kitchen, Elevator, Fire Sprinkler System, Foyer Entry, Landscaped, Natural Woodwork, Near Walking Trail, Open Floor Plan, Porch Covered, Porch Open, Range/Oven Hook Up Elec, Six Panel Doors, Tub/Shower Combination, Main Floor Laundry, Custom Cabinetry
  • Grid: 55 - N.E. Kosc. Water
  • Investment Property: Yes
  • Location: City/Town/Suburb, Lake
  • Sp Lp Percent: 100.08
  • Special Features: None

Interior Features

  • Total Sq Ft: 802
  • Total Finished Sq Ft: 802
  • Above Grade Finished Sq Ft: 682
  • Below Grade Finished Sq Ft: 120
  • Basement Foundation: Outside Entrance
  • Basement Material: Block, Brick, Poured Concrete
  • Flooring: Laminate
  • Living Great Room: Dimensions: 9x12, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Extra Room: Bar Area, Dimensions: 5x12
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Other Room1: storage room, Dimensions: 12x10
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 120

Exterior Features

  • Exterior: Cedar, Stucco, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Water Features: Boat Docking Rights, Pier/Dock, Public Beach, Assoc
  • Water Frontage: 200
  • Water Name: Winona Lake

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Electric, Geothermal
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, Geothermal Hvac
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 733
  • Association Fees Frequency: Quarterly
  • Common Amenities: Dock, Exercise Room, Laundry Facilities, Sidewalks

Schools

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

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Insulation, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Lot Info

  • Lot Description: Corner, Rolling, Waterfront, Historic Designation, Water View
  • Zoning: R - 2 - Multiple-Family

Tax Info

  • Annual Taxes: 2137
  • Exemptions: Geothermal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Weidner Glenn A
Bought by
Burke Gina L and Burke Keith A
Total Days on Market
55
Current Estimated Value
$186,905

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 21, 2017
Sold by
William
Bought by
Glenn
Seller's Agent
Daniel Harstine
Integrity Real Estate
Buyer's Agent
Daniel Harstine
Integrity Real Estate
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 31, 2013
Sold by
Howard James L and Howard Linda L
Bought by
Sivley Chet L and Sivley Amy K
Seller's Agent
Dick Cole
The Cole Realty Group
Buyer's Agent
Elizabeth Larson
RE/MAX Results
List Price
$119,000
Sold Price
$118,000
Premium/Discount to List
-$1,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$112,100
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Burke Gina L -- None Listed On Document
Glenn $120,000 --
Weidner Glenn A $120,000 Mckesson Title Corp
Sivley Chet L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sivley Chet L $112,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $120,000 -3.9% $150 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $124,900 +5.8% $156 / Sq Ft
10/31/2013 10/31/13 Sold $118,000 -0.8% $173 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $119,000 +5.1% $174 / Sq Ft
10/09/2012 10/09/12 Sold $113,200 -0.7% $166 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $114,000 -- $167 / 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 $2,585 $147,500 $15,000 $132,500
2023 $2,554 $140,500 $7,700 $132,800
2022 $1,895 $123,900 $6,000 $117,900
2021 $1,891 $120,100 $6,000 $114,100
2020 $1,973 $116,500 $5,800 $110,700
2019 $2,087 $121,800 $5,800 $116,000
2018 $2,071 $117,500 $5,800 $111,700
2017 $1,986 $117,500 $5,800 $111,700
2016 $2,137 $123,100 $5,800 $117,300
2014 $538 $113,400 $5,800 $107,600
2013 $538 $112,000 $5,800 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201713578

Indiana Regional MLS

APN: 43-11-15-400-044.000-033