Warsaw real estate IN and Winona Lake real estate, home listings and homes for sale in Indiana, luxury lakefront properties, lake homes - Dick and Sue Cole, REALTORS® Dick and Sue Cole REALTORS(r) for Warsaw and Winona Lake, Indiana real estate, luxury lakefront properties, lake homes - NUMBER1EXPERTS™ Dick and Sue Cole NUMBER1EXPERTS(tm) for Warsaw and Winona Lake, Indiana real estate, luxury lakefront properties, lake homes

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Dick and Sue Cole, REALTORŪ, real estate agents and broker for Warsaw and Winona Lake Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)
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Warsaw-Land Of Lakes!: Warsaw and Winona Lake Indiana home buying, real estate listings, and homes for sale in Kosciusko                      County, IN
Welcome > Local Info > Warsaw - Land Of Lakes!...


100+ lakes, relics of the glaciers that covered Indiana during the last Ice Age, surround Warsaw, the county seat of Kosciusko County. Lakes range from hidden jewels, perfect for a secluded picnic, to Lake Wawasee, Indiana's largest natural lake. Lake homes range from small cottages to luxury lakefront properties. State records have been earned fishing our area lakes. In the winter, boaters and anglers give way to ice skaters, snowmobiles and cross-country skiers.  

Both Warsaw and Winona Lake each border the shores of Winona Lake. Center and Pike Lakes are within Warsaw's city limits and all three lakes offer public access, parks and beaches for summertime enjoyment. 

ALL WATERSPORT ACTIVITIES OR FISHING LAKE 

Our area lakes offer a diverse choice of activities. While some of our popular fishing lakes are limited to 10 MPH, many other lakes offer skiing and full boating pleasures, all offer the best fishing and boating Indiana has to offer! See area lakes chart below for detailed information.
 

Area Lake Facts... 

Barbee Chain of Lakes 

This popular Chain of 7 Lakes contains over 700 acres of water and located just a short distance northeast of Warsaw, right off SR 13. The chain consists of Big Barbee (278 acres), Little Barbee (69 acres), Irish (143 acres), Sechrist (99 acres), Sawmill (27 acres), Banning (5 acres), and Kuhn (118 acres). Big Barbee is the only lake that allows skiing, while the others have a speed limit of 10 MPH. The public access sites are located on the east bank of Grassy Creek, the south side of CR 500 S, east of Flowing Well Drive, and Rolling Ridge Road. The best fishing for these lakes consists of bluegill, crappie, largemouth bass, perch, and redear. 


Sunset Over Beaver Dam Lake

Beaver Dam Lake 

Located southwest of Warsaw, this lake's 147 acres offer fishing, sailing, and boating under 10 MPH at all times, with skiing and general boating allowed between 1 and 4 P.M. With 147 acres of water, the best fishing includes bluegill, crappie, largemouth bass, and longear sunfish. The public access site is located on Silveus Road. 


Center Lake 


Great Way to End the Day!

Fishermen With The Courthouse As A Backdro

Four blocks north from downtown Warsaw, Center Lake's 120 acres are available for fishing, sailing, and boating. No skiing is allowed on the lake, as maximum speed limit is 10 MPH. This lake offers a public beach, park, pier, diving boards, seasonal life guarding and concession stand. Adjacent to the lake is the Warsaw Biblical Gardens and Warsaw's own Central Park. You can visit www.warsawbiblicalgardens.org for more information on the gardens. The public access site for the lake is located right off of N. Buffalo Street. The most popular fishing for the lake includes bluegill, catfish, largemouth bass, and yellow perch. 

Sunsets Over Chapman Lake Are Beautiful!

Chapman Lakes 

Big and Little Chapman Lakes, located northeast of Warsaw, combined make up 534 acres. The public access sites are on Chapman Lake Drive and EMS C14. Big Chapman is a skiing lake, while Little Chapman has a speed limit of 10 MPH. For information on the Chapman Lakes Conservation Association, visit www.chapmanlake.com. The best fishing for these lakes consists of bass, bluegill, catfish, crappie, largemouth bass, longear, northern pike, redear, walleye, and yellow perch. 


The Fish Bite Year 'Round Here!

Dewart Lake 

Located northeast of Warsaw, Dewart Lake offers over 550 acres of skiing, fishing, sailing, and general boating. The public access site is located on CR 300 East. The best fishing includes black crappie, bluegill, largemouth bass, redear, and yellow perch. 


Diamond Lake 


Sunset Kayaking

Carefree Fishing!

Located southwest of Warsaw, this lake offers approximately 100 acres of water. Sailing, fishing, and boating under 10 MPH are allowed at all times. The public access site is located at High Street. The best fishing consists of bluegill, catfish, crappie, largemouth bass, redear, and yellow perch. 

Hoffman Lake 

Rush Hour on Hoffman Lake

With 180 acres, this lake is located west of Warsaw in Etna Green. Hoffman Lake has a 10 MPH speed limit, and offers sailing and fishing. The best fishing consists of bluegill, largemouth bass, longear sunfish, pumpkinseed, rock bass, white bass, white crappie, and yellow perch. This lake does not have a public access site. 

Bass Fishing Is Great On Palestine

Palestine Lake 

Located southwest of Warsaw with 290 acres of water, this lake offers boating under 10 MPH and fishing. The public access site is located on Miami Street & First Street. The best fishing is crappie, largemouth bass, and yellow perch. 


Pike Lake 


It Is Fun To Swim At Pike Lake

Pike Lake Is Also A Winter Hot Spot For Fishing

Located within the city limits of Warsaw, approximately 6 blocks from downtown, Pike Lake offers sailing, fishing, and boating under 10 MPH. A public beach, park, pier, and diving boards are located right off the lake with seasonal life guarding and camping. With 230 acres, the best fishing for the lake consists of black crappie, bluegill, largemouth bass, longear sunfish, and yellow perch. The public access site is located on Arthur Street next to the campgrounds. 

Ah! A Goose And Her Goslings Enjoy Silver Lake

Silver Lake 

Located 12 miles south of Warsaw, in the town of Silver Lake, this lake offers sailing, fishing, and boating under 10 MPH.  


Winter Sailing Is Fun On Syracuse Lake!

Syracuse Lake 

Located just north of Lake Wawasee, Syracuse Lake offers all-sports activities with 414 acres. Syracuse Lake also connects to 40 acre Boner Lake. The public access site is located on Medusa Street and North Front Court. The best fishing for the lakes consists of bluegill, catfish, crappie, largemouth bass, northern pike, and redear. 


Relax or Play

Tippecanoe Lake 

Tippecanoe Lake, located northeast of Warsaw in Leesburg, offers 768 acres, but combined with its two adjacent lakes, Little Tippecanoe and Oswego, it offers 1,133 acres. Tippecanoe is one of the deepest lakes in Indiana with its deepest point being over 120 feet. The public access site is located on Brown Road in Leesburg. Beautiful Tippecanoe Lake Country Club overlooks the lake, and offers golf, tennis, swimming, dining, and other activities. The best fishing for this lake includes black crappie, bluegill, channel catfish, largemouth bass, northern pike, redear, rock bass, warmouth, and yellow perch. 


Wawasee Lake 

Lake Wawasee, Indiana's largest natural lake is over 3,000 acres of water. Located northeast of Warsaw in Syracuse, Lake Wawasee offers skiing, sailing, fishing, and general boating. The public access sites are located on Hatchery Road and CR 1000 North. The best fishing for this lake includes bluegill, crappie, largemouth bass, northern pike, pumpkinseed, redear, rock bass, and yellow perch. 

The Dixie Queen Rules On Webster Lake

Webster Lake 

Located northeast of Warsaw off of SR 13 in North Webster, Webster Lake offers skiing, sailing, fishing, and general boating. The public access for the lake is located at the intersection of Backwater Road and W 22. With 585 acres, the best fishing for the lake includes black crappie, bluegill, largemouth bass, muskie, pumkinseed, red ear, and yellow perch. 


Winona Lake 

Sunset From The Park On Winona Lake

 

Opposites

The lake is bordered by both Warsaw city limits and the Town of Winona Lake and offers approximately 575 acres for skiing, sailing, fishing, and general boating. A public access site is located off of Smith Street on Hillside Drive in Warsaw. Winona Lake allows fishing, sailing, skiing and general boating. 


 

Boathouse Restaurant on Winona Lake

Waterfront dining is available at the new Boathouse Restaurant located on the Northeast Shoreline--a part of The Village at Winona. Take a break from boating, tie up at the Boathouse's dock, dine and visit The Village at Winona. See www.villageatwinona.com for more information. The best fishing for the lake is bluegill, channel catfish, largemouth bass, longear sunfish, white bass, walleye, and yellow perch. 


Yellow Creek Lake
Located southwest of Warsaw, these two lakes combined offer over 200 acres of water. Sailing, fishing, and boating under 10 MPH are allowed at all times, while skiing and general boating are allowed between 1 and 4 P.M. The public access site is located at High Street. The best fishing consists of bluegill, catfish, crappie, largemouth bass, and yellow perch. 

 


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Real Estate Tips
Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Real Estate Trivia

Q 
What is the world's oldest wooden structure?

A 
The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Dick and Sue Cole, REALTORŪ, real estate agents and broker for Warsaw and Winona Lake Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Dick and Sue Cole
The Cole Realty Group

2000 E. Center Street
Warsaw, Indiana 46580 ? 3703
574-268-1899
Toll Free: 866-282-2979
Fax: 866-212-0052
Email: coleteam@NUMBER1EXPERT.com

The Cole Team consists of six Real Estate Specialists who have assisted more than 1,000 buyers & sellers make successful moves. The Cole Team ranks in the top 3% of Real Estate Agents nationwide, and has been a Top Producer in Kosciusko County for years.

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