8047 N Tecumseh Rd, Walkerton, IN, 46574
About This Home
Income property just steps from Koontz Lake! This 1-bedroom, 1-bath cottage has been a steady rental since 2005, making it a great addition to any investment portfolio or a low-maintenance lake getaway. The full basement offers laundry hookup and extra storage, while the fenced backyard and large closets — including a walk-in in the bedroom — add everyday livability tenants love. Refrigerator and gas range included. Small footprint means low taxes and low upkeep, all within walking distance of Koontz Lake. Whether you're adding to a rental portfolio or looking for an affordable entry point near the water, this one is worth a look. Being sold as-is.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1926
Materials
- Roof: Shingle
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Gas Range
Basement
- Has basement: Yes
- Basement: Full
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Flooring: Carpet,Other
- Finished area below ground: 0
- Finished area above ground: 640
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,280
- Total interior livable area: 640 sqft
Kitchen
- Level: Main
- Area: 119
Living Room
- Level: Main
- Area: 165
Property
Details
- Parcel number: 750302404124.000009
Features
- Levels: One
- Stories: 1
- Waterfront features: Walk to Lake Access
Lot
- Lot size: 3,484 sqft
- Features: Corner Lot,0-2.9999,Lake,Rural
- Lot size dimensions: 38x100
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $505 | $6,060 |
| Home Insurance * | $70 | $840 |
| Property Taxes | $116 | $1,392 |
| Electricity | $184 | $2,212 |
| Total | $875 | $10,500 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $99,900 |
For Sale by Agent
View on Zillow