$59,000
SOLD OCT 24, 2016

1 Park Ave Unit 408 Winona Lake, IN 46590

1 Bed
1 Bath
346 Sq Ft
$248/mo HOA Fee

Recently Sold

$171 Per Sq Ft

9% Below List Price

45 Days on Market

Highlights

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

About This Home

As of April 2024

Located at the Historic Winona Lake Hotel Condominiums with lake access. A unique condo offering separate living room area with galley style kitchen. Featuring granite counter tops and custom built-ins. Hardwood floors showcased through each living room area through to the bedroom. Separate mechanical room with geo thermal unit and storage. Nearby common areas include laundry area, library, porch and more. Basement unfinished storage room with common area gym.

Last Agent to Sell the Property

Brian Peterson

Brian Peterson Real Estate Listed on: 07/19/2016

Last Buyer's Agent

The Mark Skibowski Team

Re/Max Lakes

Re/Max Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $172

Year Built

  • Built in 1874

Lot Details

  • Waterfront
  • Historic Home

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Prewired Security
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

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

Utilities

  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-010.000-033

Community Details

Recreation

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

Additional Features

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$172

Year Built

Built in 1874

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 142
  • Style: One Story
  • Architectural Style: Historic
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 006-070-170.408 UNIT 408 WINONA HOTEL CONDO & 1/24 INT COMMON AREA
  • Parcel Number ID: 43-11-15-400-010.000-033
  • Platted: Yes
  • Amenities: Near Walking Trail, Wiring-Security System
  • Grid: 15 - Central Kosc. Water
  • Location: Lake, Near College Campus, Near Walking Trail
  • Sp Lp Percent: 90.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 506
  • Total Finished Sq Ft: 346
  • Above Grade Finished Sq Ft: 346
  • Above Grade Unfinished Sq Ft: 40
  • Below Grade Sq Ft: 120
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 10x9, On Level: Main
  • Kitchen: Dimensions: 5x9, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 120

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 745
  • Association Fees Frequency: Quarterly
  • Common Amenities: Exercise Room, Laundry Facilities, Sidewalks

Schools

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

Lot Info

  • Lot Description: Historic Designation

Tax Info

  • Annual Taxes: 172.4
  • Exemptions: Geothermal, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Apr 26, 2024
Sold by
Hall James Alexander
Bought by
Mitchell Christopher J and Mitchell Elizabeth D
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$125,000
Sold Price
$125,000
Views
2
Current Estimated Value
$166,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,286
Avg. Annual Appreciation
21.43%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 28, 2018
Sold by
Wise Mark A
Bought by
Hall James Alexander
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$76,900
Sold Price
$74,600
Premium/Discount to List
-$2,300
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$72,362
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 8, 2017
Sold by
Francis James L
Bought by
Wise Mark A
Seller's Agent
The Mark Skibowski Team
Re/Max Lakes
Buyer's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
List Price
$74,000
Sold Price
$70,000
Premium/Discount to List
-$4,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$56,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 24, 2016
Sold by
Andersen Joseph M and Andersen Charlene R
Bought by
Francis James L
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
The Mark Skibowski Team
Re/Max Lakes
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%
Original Mortgage
$22,000
Interest Rate
3.5%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,362 New Conventional
Previous Owner $56,000 New Conventional
Previous Owner $22,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $125,000 0.0% $269 / Sq Ft View Prior Sale
04/11/2024 04/11/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $125,000 +67.6% $269 / Sq Ft
08/31/2018 08/31/18 Sold $74,600 -3.0% $216 / Sq Ft View Prior Sale
07/10/2018 07/10/18 For Sale $76,900 +9.9% $222 / Sq Ft
09/08/2017 09/08/17 Sold $70,000 -5.4% $202 / Sq Ft View Prior Sale
08/04/2017 08/04/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $74,000 +25.4% $214 / Sq Ft
10/24/2016 10/24/16 Sold $59,000 -9.1% $171 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $64,900 -- $188 / 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 $319 $94,700 $15,000 $79,700
2023 $39 $95,900 $7,700 $88,200
2022 $30 $84,200 $6,000 $78,200
2021 $115 $78,100 $6,000 $72,100
2020 $113 $69,700 $5,800 $63,900
2019 $108 $67,000 $5,800 $61,200
2018 $164 $64,800 $5,800 $59,000
2017 $290 $64,900 $5,800 $59,100
2016 $120 $68,800 $5,800 $63,000
2014 $154 $63,300 $5,800 $57,500
2013 $154 $62,700 $5,800 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201633658

Indiana Regional MLS

APN: 43-11-15-400-010.000-033