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$215,000
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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). 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..subject to court approval)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: 2/27/2026
- Added to Site: 59 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 ATTOM Data Solutions 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
—
$261,100
-5%
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.

