The Condo Fee is $195.00/Monthly and it includes, Ext Bldg Maint, Lawn Maintenance, Management, Master Ins Policy, Reserve Funds, Snow Removal, Trash Removal, Water Bill. That's pretty good for such a low fee. So that means you'd be responsible for all other utilities, except water.
A condo fee includes a Master Insurance Policy, meaning that if the building burns down, the insurance policy covers rebuilding it. But it does not cover personal items and furniture inside the unit, nor does it cover replacement of things like kitchen cabinets and appliances. For that you'd want HO6 insurance, similar to rental insurance, which is SUPER cheap. Also, you'd want to find out if the master policy has a deductible for unit owners. I've seen some that have a $5000 deductible before they pay.