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$215,000 Just Listed
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Property Description
Ranch home in Marshall County on Koontz Lake! Approx 107 feet of channel frontage with a lake view. John Glenn schools. This would make a great getaway home on the water or an AirBNB. 1 bedroom, large living room. Eat-in kitchen. Laundry room they also used as a 2nd BR(can fit a twin bed). Large living room. 200 amp electric, 4" well. Community sewer system. Vinyl siding and windows, crawl space, deck, pier, fenced yard, gas heat and central air, attic storage with a pull down stairway. 2 sheds and a 1 car detached garage. Nipsco for gas and electric. Koontz Lake is an all recreational sports lake with approx. 346 acres! I hear the fishing is good. Estate(selling as-is)Only asking $215,000! Located about 1.5 hour drive outside of Chicago. Get ready for summer!
Full Property Details
Full Property Details for 20720 S Lake Dr
General
- Price: $215,000
- Taxes: $1,980 (2025)
- Status: Active
- Type: Single Family
- Source: Indiana_Regional_MLS
- MLS ID: 202603391
- Updated: 2/3/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Exterior
- Exterior Features: Vinyl
- Color: Vinyl
Parking
- Garage: Yes
- Garage Description: Detached
Location
- Subdivision: 107x82
- Driving Directions: near corner of N Underwood Rd and S Lake Dr.
School Information
- Elementary School: John Glenn School Corp.
- Middle School: Harold C Urey
- High School: John Glenn
Community
- Optional Amenities: Attic Pull Down Stairs, Attic Storage, Deck Open, Eat-In Kitchen, Main Floor Laundry
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
Utilities
- Sewer: Regional
- Water: Koontz Lake
Structural Information
- Architectural Style: One Story
- Exterior Const.: Vinyl
- Basement Entrance: 46574
- Foundation Size: 120
- Roof: Shingle
- Below Ground: 10 Sq. Ft.
- Finished Total: 10 Sq. Ft.
- Finished Above Grnd: 780 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Frontage: Paved
- Street/Road Desc.: Channel Front/Canal
- Lot Description: Level, Waterfront, 0-2.9999, Lake, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Lake
- Water Front Name: Koontz Lake
Financial Considerations
- Price Per Sq. Ft.: $275.64
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $1,980.66
- Tax Year: 2025
Listed by Kaser Realty, LLC, Jason Kaser
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Schools
Schools serving 20720 S Lake Dr
School District:John Glenn School Corporation
| Name | Grades | Distance |
|---|---|---|
Walkerton Elementary School 805 Washington Street, Walkerton, IN 46574 | PK-6 | 3.9 mi |
Harold C Urey Middle School 407 Washington Street, Walkerton, IN 46574 | 7-8 | 4.4 mi |
John Glenn High School, Walkerton, IN 201 John Glenn Drive, Walkerton, IN 46574 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20720 S Lake Dr
Date
Details
Price
Change
Source
2/03/2026
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20720 S Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,981
-1%
$273,600
4%
2023
$2,003
23%
$263,200
6%
2022
$1,625
41%
$249,100
19%
2020
$1,152
-17%
$210,200
6%
2019
$1,382
29%
$198,700
4%
2018
$1,069
303%
$191,200
2%
2017
$265
12%
$187,500
39%
2016
$236
—
$134,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20720 S Lake Dr
20720 S Lake Drive, Walkerton, IN 46574 (MLS# 202603391) is a Single Family property with 0 bedrooms and 1 full bathroom. 20720 S Lake Drive is currently listed for $215,000 and was received on February 03, 2026. Want to learn more about 20720 S Lake Drive? Do you have questions about finding other Single Family real estate for sale in Walkerton? You can browse all Walkerton real estate or contact a Coldwell Banker agent to request more information.

