It was founded 1624-26 by Benito de Baltodano. The church is situated in the eastern part of Granada on Calle la Calzada near Nicaragua lake.
The church was very important during the colonial time because of its strategic position, situated at the entrance of the town from the lake. For this reason it was sacked and destroyed by pirates and later rebuilt.
In November 1856 the troops of William Walker were shut in the church for 18 days by the troops of the Nicaragua Government. During this time the troops gravely damaged the church in Walker’s last Bastion.
In 1890 the walls still kept the marks of the battle. It was rebuilt in 1945.
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