Walnut Grove Mutual Housing
Walnut Grove Mutual Housing Association is a not-for-profit that operates a 247-unit, 55+ mutual housing community in South Bend, Indiana, offering perpetual-occupancy memberships ($45K-$98.5K) plus monthly maintenance fees to senior residents.
- Company typePrivate
- Founded1942
- HeadquartersSouth Bend, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Walnut Grove Mutual Housing does
Walnut Grove Mutual Housing Association, Inc. is a not-for-profit Indiana corporation founded in 1942 that operates a 55+ mutual housing community in South Bend, Indiana. The Association owns 75+ acres of land comprising 157 buildings and 247 residential units, plus an office building with a community room and maintenance shop. Governance rests with a seven-member Board of Directors, all of whom are resident-members serving voluntarily; day-to-day operations are led by a General Manager supported by member services, financial services, and maintenance staff.
The Association offers four housing product lines — 1-bedroom duplexes, 2-bedroom duplexes, 2-bedroom stand-alone homes, and 3-bedroom duplexes/stand-alones — priced between approximately $45,000 and $98,500. Members purchase a one-time membership that grants perpetual rights to occupy a specific unit, followed by monthly maintenance fees determined by unit square footage. Resales occur directly between existing members, with the Association facilitating viewings through designated contact persons. Walnut Grove also operates a Members-Only Pollinator Habitat nature sanctuary as a community amenity.
The go-to-market model is direct-to-consumer: the organization sells memberships through its on-site office at 2717 Woodmere Lane, supplemented by a website, monthly open houses, and word-of-mouth referrals. There are no paid advertising channels, no third-party distribution partners, and no technology platform beyond a Wix-hosted website. The Association operates exclusively in the Midwest (single-market, single-state footprint) and serves a single persona segment — active adults aged 55 and older seeking affordable, low-maintenance housing in a community setting.
Walnut Grove Mutual Housing firmographics
Firmographics- Name
- Walnut Grove Mutual Housing
- Legal name
- Walnut Grove Mutual Housing Association, Inc.
- Website
- https://walnutgrovemha.org
- Company type
- Private
- Founded year
- 1942
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Walnut Grove Mutual Housing Association is a not-for-profit that operates a 247-unit, 55+ mutual housing community in South Bend, Indiana, offering perpetual-occupancy memberships ($45K-$98.5K) plus monthly maintenance fees to senior residents.
- Ownership category
- akta.pro rank
Walnut Grove Mutual Housing industry classification
Industry- Product category
- Senior Housing (Mutual Housing Association)
- NAICS
- Continuing Care Retirement Communities (623311)
- SIC
- Services-To Dwellings & Other Buildings (7340), Services-Membership Organizations (8600)
- akta.pro primary industry
- Active Adult / Senior Community Association Management (BPAJAHAJ)
- akta.pro secondary industry
- Master-Planned Community & POA Management (BPAJAHAD)
Keywords
Where Walnut Grove Mutual Housing is headquartered
LocationHeadquarters
- HQ city
- South Bend
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Walnut Grove Mutual Housing business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Membership Sales: Members purchase a membership that grants perpetual rights to occupy a specific unit. This is a one-time purchase price that varies by unit type and features. After the initial purchase, members pay a recurring monthly maintenance fee.
- Monthly Maintenance Fees: Recurring monthly fees determined by the square footage of the occupied unit. This provides predictable recurring revenue for community maintenance and operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 1 Bedroom Duplex Membership |
| One time/ perpetual license | Pay-as-you-go | 2 Bedroom Duplex Membership |
| One time/ perpetual license | Pay-as-you-go | 2 Bedroom Stand-Alone Membership |
| One time/ perpetual license | Pay-as-you-go | 3 Bedroom Duplex Membership |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Walnut Grove Mutual Housing product offering
Product offeringCore offering
Walnut Grove Mutual Housing Association operates a 55+ mutual housing community in South Bend, Indiana, comprising 247 residential units across 157 buildings on 75+ acres. Members purchase a one-time membership that grants perpetual rights to occupy a specific unit, and subsequently pay recurring monthly maintenance fees determined by the unit's square footage. The community offers four housing types: 1-bedroom duplexes, 2-bedroom duplexes, 2-bedroom stand-alone homes, and 3-bedroom duplexes/stand-alones, priced between approximately $45,000 and $98,500.
Product overview
Walnut Grove Mutual Housing Association operates as a not-for-profit mutual housing community offering perpetual housing memberships rather than traditional real estate ownership. The organization owns 75+ acres with 157 buildings comprising 247 residential units in South Bend, Indiana. Members purchase an initial membership granting perpetual occupancy rights to a specific unit, followed by monthly maintenance fees based on unit square footage. The community provides four distinct housing product lines: 1-bedroom duplexes, 2-bedroom duplexes, 2-bedroom stand-alone homes, and 3-bedroom duplexes/stand-alones, with listings ranging from $45,000 to $98,500. Walnut Grove also maintains a Members-Only Pollinator Habitat (Wildflower, Butterfly & Bee Habitat) as a community amenity.
Differentiator
Problem solved
Functional benefit
Products and services
- 1 Bedroom Duplex Membership Membership for one-bedroom single-story duplex homes with private entrances, efficient layouts, and easy-to-maintain spaces designed for individuals or couples in the 55+ community. Example unit: 2830 Locust Lane priced at $45,000.
- 2 Bedroom Duplex Membership Membership for two-bedroom duplex homes with spacious layouts, private entrances, and extra room for guests, hobbies, or home offices. Pricing approximately $60,000–$70,000 (e.g., 2630 Hemlock Way at $70,000; 302 South 29th Street at $60,000; 2812 Beechwood Lane at $65,000).
- 2 Bedroom Stand-Alone Home Membership Membership for detached single-family homes offering added privacy and yard space, including features such as storage shed, larger patio, and enclosed porch. Example unit: 2605 Larch Way priced at $84,500.
- 3 Bedroom Duplex Membership Membership for larger three-bedroom duplex or stand-alone homes providing generous space, privacy, and flexibility. Example unit: 2809 Appletree Lane priced at $98,500, featuring an updated kitchen, ADA handrails, enclosed garage, and fenced backyard.
Companies that use Walnut Grove Mutual Housing
Customer profileSegments1 record
Ideal customer profiles1 record
Walnut Grove Mutual Housing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Walnut Grove Mutual Housing partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights2 records
Walnut Grove Mutual Housing competitors and assessment
Company assessmentBroad incumbents
- Atria Senior Living: A national for-profit senior living operator with independent and assisted living communities across the U.S. Competes for the same active-adult 55+ customer base but with significantly larger scale and more amenitized product.
- Sunrise Senior Living: A large U.S. senior living provider operating assisted living, independent living, and memory care communities. Competes for the same 55+ segment but with for-profit, amenity-driven offerings distinct from Walnut Grove's mutual model.
- Brookdale Senior Living: The largest U.S. operator of senior living communities, including independent living, assisted living, and memory care. A broader incumbent that competes for the same 55+ demographic but with for-profit scale and amenitized offerings.
- ACTS Retirement-Life Communities: A non-profit operator of multiple continuing care retirement communities across the eastern U.S., offering independent, assisted, and skilled living at greater scale than Walnut Grove but addressing the same 55+ demographic.
- Maplewood Senior Living: A regional senior living operator with independent living, assisted living, and memory care communities across the Northeast and Midwest. Adjacent to Walnut Grove's senior housing focus but for-profit and amenitized.
Direct peers
- Pine Run Retirement Community: A non-profit retirement community in Doylestown, Pennsylvania offering independent living, personal care, and skilled nursing—comparable in scale, mission, and senior-focused community setting to Walnut Grove.
- Friends House Retirement Community: A non-profit, Quaker-affiliated continuing care community in Santa Rosa, California offering affordable independent living to seniors through a mission-driven model analogous to Walnut Grove's not-for-profit mutual-housing approach.
- ElderSpirit Community: A non-profit senior cohousing community in Abingdon, Virginia that uses a cooperative mutual-ownership model for older adults, closely mirroring Walnut Grove's resident-governed, mutual-housing structure for the 55+ demographic.
- Kendal at Oberlin: A non-profit Quaker-affiliated continuing care retirement community in Oberlin, Ohio with resident governance and a not-for-profit operating model, comparable in mission and senior-focused community structure to Walnut Grove.
Others
- Lifespire: A New York-based non-profit providing housing, residential, and support services for adults with developmental disabilities. Not a direct competitor but shares the non-profit residential-services model and member-of-community governance approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Walnut Grove Mutual Housing social profiles
Digital presenceWalnut Grove Mutual Housing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Walnut Grove Mutual Housing leadership team
Management profileNumber of profiles
Profiles2 records
Walnut Grove Mutual Housing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Walnut Grove Mutual Housing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Walnut Grove Mutual Housing
What does Walnut Grove Mutual Housing do?
Walnut Grove Mutual Housing Association operates a 55+ mutual housing community in South Bend, Indiana, comprising 247 residential units across 157 buildings on 75+ acres. Members purchase a one-time membership that grants perpetual rights to occupy a specific unit, and subsequently pay recurring monthly maintenance fees determined by the unit's square footage. The community offers four housing types: 1-bedroom duplexes, 2-bedroom duplexes, 2-bedroom stand-alone homes, and 3-bedroom duplexes/stand-alones, priced between approximately $45,000 and $98,500.
Is Walnut Grove Mutual Housing a public or private company?
Walnut Grove Mutual Housing is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Walnut Grove Mutual Housing founded?
Walnut Grove Mutual Housing was founded in 1942. It employs 1 to 10 people.
Where is Walnut Grove Mutual Housing based?
Walnut Grove Mutual Housing is headquartered in South Bend, United States, in the North America region.
How does Walnut Grove Mutual Housing make money?
Two revenue lines are on record. Membership Sales are the primary driver. The others are monthly Maintenance Fees.
Who are Walnut Grove Mutual Housing's main competitors?
Broad incumbents on record are Atria Senior Living, Sunrise Senior Living, Brookdale Senior Living, ACTS Retirement-Life Communities and Maplewood Senior Living. Direct peers are Pine Run Retirement Community, Friends House Retirement Community, ElderSpirit Community and Kendal at Oberlin. Lifespire is listed as an others.
Does Walnut Grove Mutual Housing have an API?
No public API is recorded for Walnut Grove Mutual Housing.
What industry is Walnut Grove Mutual Housing in?
Walnut Grove Mutual Housing's product category is Senior Housing (Mutual Housing Association). Its primary akta.pro industry code is BPAJAHAJ, Active Adult / Senior Community Association Management, with a secondary code of BPAJAHAD, Master-Planned Community & POA Management. Its NAICS code is 623311 and its SIC code is 7340.