626 E Lakewood Ave, Warsaw, IN, 46580
About This Home
Experience the beauty of Winona Lake with this charming 1-story lakefront home, offering 30 feet of frontage and a walk-out sandy beach—perfect for swimming, relaxing, and enjoying everything lake life has to offer, no pier included in this sale. Inside, you'll find 2 bedrooms, 1 bath, and a bright, inviting living space filled with natural light thanks to an abundance of windows showcasing picturesque lake views. Wake up to stunning waterfront scenery and enjoy peaceful evenings just steps from the water. The home also features a convenient 1-car attached garage for additional storage and parking. Included with the sale are the refrigerator, oven, gas range, and water heater, making this property ready for your personal touches. Whether you're looking for a year-round residence, weekend retreat, or investment opportunity, this Winona Lake waterfront property offers endless potential in an exceptional location. The well for this property is located on the lot across the street. The Buyer will have continued access to the well and will be responsible for all costs associated with the well maintenance & use. That lot, as well as other additional lots, are available to purchase.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1941
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven Hook Up Gas,Refrigerator,Gas Oven,Gas Range,Gas Water Heater
- Laundry features: Electric Dryer Hookup,Main Level
Basement
- Basement: Crawl Space,Block
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Stand Up Shower,Main Level Bedroom Suite
- Flooring: Carpet,Laminate
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 627
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 627
- Total interior livable area: 627 sqft
Kitchen
- Level: Main
- Area: 96
Living Room
- Level: Main
- Area: 240
Property
Details
- Parcel number: 431121100116.000031
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Medium Bank,Boat Docking Rights,Pier/Dock Available,Private Beach,Walk to Lake Access,Lake Front,Ski Lake
- Waterbody name: Winona Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(20)
Lot
- Lot size: 2,308 sqft
- Features: 0-2.9999,Lake,Near College Campus
- Lot size dimensions: 30 x 105
Parking
- Total spaces: 1
- Parking features: Attached,Gravel
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,270 | $27,240 |
| Home Insurance * | $254 | $3,048 |
| Property Taxes | $506 | $6,072 |
| Electricity | $184 | $2,212 |
| Total | $3,214 | $38,568 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Listed for sale | $449,000 |
For Sale by Agent
View on Zillow