NOT LISTED FOR SALE

1 Park Ave Unit 409 Winona Lake, IN 46590

Estimated Value: $176,000 - $183,000

1 Bed
1 Bath
612 Sq Ft
$522/mo HOA Fee

Last Sold April 26, 2024

Last sale price $182,000 $297 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,590/month

30 Days on Market

Highlights

  • 335 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 April 2024

Now offering this well-appointed condo on the top floor of the historic Winona Hotel. This spacious, efficiency-style apartment has an open floor plan with one bedroom and one bath. It spans both the front and back of the building, offering wonderful lake views, abundant light, and cross ventilation. Quality is immediately apparent in this immaculately maintained unit—from the trim to the wood cabinetry to the black granite countertops. It even has a brand-new feel because it has been lightly lived in over the years. This affordable home is ideal for the commuting executive or the local resident wanting a lake home for boating and recreation. The Winona Hotel offers pier space for this unit, a well-equipped exercise room, rooftop sitting room with panoramic lake views, common areas along each floor for sitting or playing games, reading nooks, and a large space with kitchenette for private parties. This stunning condo in the Village of Winona is steps away from restaurants, unique shops, and ice skating, and it offers a wonderful way to experience living at Winona Lake. Enjoy a front row view of the Fat and Skinny Tire Festival, Regattas, Winona Art Festival and much more. Schedule your private showing of this Winona Lake condo today.

Last Listed By

Deb Paton-Showley

Coldwell Banker Real Estate Group Brokerage Phone: 574-527-6022 Listed on: 03/25/2024

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $531

Year Built

  • Built in 1874

Lot Details

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

HOA Fees

  • $522 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 612 Sq Ft Home
  • Open Floorplan
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Water Views
  • Washer and Electric Dryer Hookup

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Garden Bath

Home Security

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

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

Schools

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

Additional Features

  • Suburban Location
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 43-11-15-400-046.000-033

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Boat Dock
  • Fitness Center

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$531

Year Built

Built in 1874

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 150
  • Style: Attached
  • Architectural Style: Historic
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 006-070-170.409 Unit 409 Winona Hotel Condo & 4.167% Int in Common Area
  • Parcel Number ID: 43-11-15-400-046.000-033
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Electric, Elevator, Jet/Garden Tub, Natural Woodwork, Near Walking Trail, Open Floor Plan, Range/Oven Hook Up Elec, Six Panel Doors, Tub/Shower Combination, Washer Hook-Up, Custom Cabinetry
  • Grid: 15 - Central Kosc. Water
  • Location: City/Town/Suburb, Lake, Near College Campus, Near Walking Trail
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 101.17
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 612
  • Total Finished Sq Ft: 612
  • Above Grade Finished Sq Ft: 612
  • Price Per Sq Ft: 297.39
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 19x17, On Level: Main
  • Extra Room: Storage/Utility, Dimensions: 6x6
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Metal, Shingle
  • Outbuilding1: None
  • Lake Type: Ski Lake
  • Sea Wall Type: Concrete
  • Water Features: Walk to Lake Access
  • Water Frontage: 335
  • Water Name: Winona Lake

Garage/Parking

  • Driveway: Asphalt, Circular, Concrete
  • Off Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 522
  • Association Fees Frequency: Monthly
  • Common Amenities: Dock, Exercise Room, Laundry Facilities, Sidewalks

Schools

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

Lot Info

  • Lot Description: Waterfront, Historic Designation, 0-2.9999, Lake, Water View, Waterfront-Level Bank

Tax Info

  • Annual Taxes: 531.16

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
Mar 25, 2024
Closed on
Apr 24, 2024
Sold by
Throdahl Mark C and Throdahl Sudia K
Bought by
Hall James A
Seller's Agent
Deb Paton-Showley
Coldwell Banker Real Estate Group
Buyer's Agent
Brian Peterson
Brian Peterson Real Estate
List Price
$179,900
Sold Price
$182,000
Premium/Discount to List
$2,100
1.17%
Total Days on Market
30
Views
8
Current Estimated Value
$179,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,052
Avg. Annual Appreciation
-1.09%
Original Mortgage
$127,000
Outstanding Balance
$125,791
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$54,157

Purchase Details

Closed on
Aug 18, 2008
Sold by
Piper V Ray and Piper Rosemary
Bought by
Piper V Ray and Piper Rosemary

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
Hall James A $182,000 None Listed On Document
Piper V Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall James A $127,000
Previous Owner Ray And Rosemary Piper Trust $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $182,000 +1.2% $297 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $179,900 +89.4% $294 / Sq Ft
05/09/2012 05/09/12 Sold $95,000 -3.1% $158 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $98,000 -- $163 / 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 $845 $140,400 $15,000 $125,400
2023 $531 $134,400 $7,700 $126,700
2022 $504 $118,400 $6,000 $112,400
2021 $455 $113,700 $6,000 $107,700
2020 $547 $111,600 $5,800 $105,800
2019 $645 $117,300 $5,800 $111,500
2018 $618 $113,200 $5,800 $107,400
2017 $598 $113,400 $5,800 $107,600
2016 $669 $118,600 $5,800 $112,800
2014 $541 $109,500 $5,800 $103,700
2013 $541 $108,100 $5,800 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202410215

Indiana Regional MLS

APN: 43-11-15-400-046.000-033