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Pending
    • $749,900

    31 Fairlane Dr, Warsaw, IN 46580

    3beds
    2,312sqft
    : 
    $4,556/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    0.28 Acres Lot
    $724,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Striking double-sided limestone fireplaceAttached workshop areaPrivate primary suiteExpansive waterfront viewsAttached pierOversized windowsWalls of lakeside windows
    Fully remodeled in 2025 and ideally positioned close to the lakefront, this 105 ft channel-front ranch offers over 2,300 finished square feet of thoughtfully designed living space. From the moment you enter, you are welcomed by expansive waterfront views through oversized windows that fill the main living area with natural light. The living room is anchored by a striking double-sided limestone fireplace, serving both the living and dining spaces and offering the flexibility of gas log or wood-burning use. New LVP flooring flows seamlessly throughout the home, creating a cohesive and modern feel. The spacious kitchen is designed for both function and style, featuring abundant cabinetry, generous counter space, upgraded stainless steel appliances, and a well-appointed slide-in gas range. The open-concept layout continues into the family room, where walls of lakeside windows provide beautiful views and direct access to the deck and screened-in porch, perfect for enjoying the lake lifestyle throughout the seasons. This home offers three bedrooms, including a private primary suite with a tiled walk-in shower, double vanity with lighted mirrors, and a walk-in closet. The guest bathroom also features a large tiled walk-in shower, along with ample hallway storage. A conveniently located half bath near the garage adds everyday functionality. The heated garage includes built-in storage and an attached workshop area, ideal for hobbies or additional workspace. Outdoors, the channel frontage is complete with a reinforced concrete seawall and attached pier, offering easy access to the lake. Experience comfortable, updated living just moments from all that Winona Lake has to offer.
    94 days
    |
    120
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Peterson 574-268-1899,

    Brian Peterson Real Estate

    Source: IRMLS,MLS#: 202614383MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 140
      • Dimensions: 14 x 10
      Family room
      • Level: Main
      • Area: 224
      • Dimensions: 14 x 16
      Kitchen
      • Level: Main
      • Area: 224
      • Dimensions: 14 x 16
      Living room
      • Level: Main
      • Area: 464
      • Dimensions: 16 x 29
      Heating
      • Hot Water
      Cooling
      • Geothermal
      Appliances
      • Included: Disposal, Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Exhaust Fan, Gas Range, Water Filtration System, Water Softener Owned
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Double Vanity, Stand Up Shower, Main Level Bedroom Suite
      • Flooring: Laminate, Tile
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Dining Room, Kitchen, Living Room, Wood Burning, One, Gas Starter
      Interior area
      • Total structure area: 4,378
      • Total interior livable area: 2,312 sqft
      • Finished area above ground: 2,312
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Concrete
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Porch Covered, Screened
      • Exterior features: Irrigation System
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront, Deck on Waterfront, Pier/Dock, Canal Front, Access to Ski Lake, Lake
      • Body of water: Winona Lake
      • Frontage length: Channel/Canal Frontage(105),Water Frontage(105)
      Lot
      • Size: 0.28 Acres
      • Dimensions: 100X115
      • Features: Level, 0-2.9999, City/Town/Suburb, Lake, Landscaped
      Details
      • Parcel number: 431116400230.000032
      • Zoning: R1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Gas: NIPSCO
      • Sewer: City
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Fair Lane / Fairlane
      Location
      • Region: Warsaw

      Financial & listing details

      • Tax assessed value: $445,900
      • Annual tax amount: $4,302
      • Date on market: 4/22/2026
      • Listing terms: Cash,Conventional,VA Loan

        Estimated market value

        $724,300

        $688,000 - $761,000

        $2,628/mo

        Price history

        DateEventPrice
        5/29/2026Pending sale$749,900
        Source: IRMLS #202614383 Report a problem
        4/22/2026Listed for sale$749,900+301%
        Source: IRMLS #202614383 Report a problem
        6/2/1998Sold$187,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,949 +7.5%$445,900 +16.3%
        2024$3,672 +9.9%$383,300 +2.8%
        2023$3,341 +3.5%$372,800 +15.3%
        2022$3,229 +10.5%$323,200 +3.9%
        2021$2,922 +13.5%$311,100 +7.7%
        2020$2,576 -8.5%$288,900 +7.7%
        2019$2,816 +4%$268,300 -0.1%
        2018$2,707 +2.9%$268,600 +4.2%
        2017$2,631 +4.9%$257,700 +3%
        2016$2,509 +3.6%$250,300 +3.3%
        2014$2,422 -0.1%$242,200 -0.1%
        2013$2,424 -7.3%$242,400 -5.5%
        2012$2,616 -10%$256,500 -11.7%
        2011$2,906 $290,600
        2010$2,906 $290,600
        2009$2,906 +23.5%$290,600 +2%
        2007$2,353 $284,900
        2006-- $284,900 +54.2%
        2005-- $184,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46580

        Getting around

        48 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: Lakeview
        • High: Warsaw
        • District: Warsaw Community

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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