20782 S Lake Dr, Walkerton, IN, 46574
About This Home
This exceptional waterfront estate is the ultimate family retreat. Spacious and inviting, this two-level home offers an abundance of living and entertaining space with stunning lake views throughout. The main level features an open kitchen that flows seamlessly into two dining areas—one overlooking the lake and the other a more formal space accented by a cozy fireplace. The great room is truly a showstopper, boasting six bay windows, a grand fireplace, cathedral beamed ceilings, and a striking spiral staircase leading to the lower level. The primary suite is conveniently located on the main floor, along with two additional bedrooms and a full bath. Downstairs, the lower level is designed for fun and relaxation, offering a tiled game room, a spacious family room with a second full kitchen and fireplace, multiple additional bedrooms, a full bath, and a bright three-season room. A walkout leads directly to the water’s edge. With 95 feet of prime lake frontage, breathtaking views, and spectacular sunsets, this home delivers the perfect blend of comfort, style, and waterfront living.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Roof: Asphalt,Shingle
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Washer,Electric Cooktop,Dryer-Gas,Oven-Built-In,Gas Range,Gas Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Finished,Brick,Sump Pump
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 4
Dining Room
- Level: Main
- Area: 225
Family Room
- Level: Main
- Area: 360
Features
- Bookcases,Ceiling Fan(s),Beamed Ceilings,Natural Woodwork,Stand Up Shower,Main Level Bedroom Suite,Great Room,Custom Cabinetry
- Window features: Window Treatments
- Flooring: Hardwood,Carpet,Tile
- Number of fireplaces: 3
- Fireplace features: Family Room,Living Room,Recreation Room,Wood Burning,Three +
- Fireplace: Yes
- Finished area below ground: 3,000
- Finished area above ground: 3,386
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 6,590
- Total interior livable area: 6,386 sqft
Kitchen
- Level: Main
- Area: 270
Living Room
- Level: Main
- Area: 1040
Office
- Level: Lower
- Area: 64
Property
Details
- Parcel number: 504107000130.000011
- Other equipment: Built-In Entertainment Ct,Sump Pump
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Balcony
- Has spa: Yes
- Spa features: Jet Tub
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake,Waterfront-Medium Bank,Deck on Waterfront,Pier/Dock,Frontage Lot,Ski Lake
- Waterbody name: Koontz Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(95)
Lot
- Lot size: 2,178 sqft
- Features: 0-2.9999,Lake
- Lot size dimensions: 97X302.2
Parking
- Total spaces: 3
- Parking features: Attached,Garage Door Opener,Concrete,Shared Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
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
- Lightning
- Hail
- Strong Wind
- Tornado
- 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 | $3,868 | $46,416 |
| Home Insurance * | $537 | $6,444 |
| Property Taxes | $860 | $10,320 |
| Electricity | $585 | $7,024 |
| Total | $5,850 | $70,200 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2026-04-07 | Price change | $775,000 |
| 2025-11-21 | Listed for sale | $785,000 |
| 2025-10-01 | Listing removed | $785,000 |
| 2025-05-15 | Listed for sale | $785,000 |
| 2025-05-01 | Listing removed | $785,000 |
| 2024-11-07 | Price change | $785,000 |
| 2024-10-15 | Price change | $875,000 |
| 2024-09-19 | Listed for sale | $899,900 |
| 2020-07-09 | Listing removed | $485,000 |
| 2019-08-03 | Listed for sale | $485,000 |
| 2019-05-18 | Listing removed | $499,000 |
| 2018-06-17 | Price change | $499,000 |
| 2018-05-17 | Listed for sale | $520,000 |
| 2015-07-31 | Listing removed | $575,000 |
| 2013-08-12 | Listed for sale | $575,000 |
| 2007-07-19 | Sold | $475,000 |
For Sale by Agent
View on Zillow