Listing courtesy of Cressy & Everett- Elkhart · Listing agent: Dennis Bamber · Cell: 574-532-3808
20782 S Lake Drive
Walkerton, IN 46574-8251
Original price $785,000 · Price reduced on May 26, 2026
- On Koontz Lake
- 3-car garage
- Fireplace
- Basement
- Bedrooms
- 7
- Bathrooms
- 3.5
- Living area
- 6,386 sq ft
- Lot
- 0.05 ac
- Year built
- 1974
- Type
- Site-Built Home
- Listed
- November 21, 2025
- MLS #
- 202546897
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.
Monthly payment estimate
$5,269/mo
- Principal & interest
- $4,187
- Property taxes
- $859
- Homeowners insurance
- $223
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2024 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Total rooms
- 17
- Total area
- 6,590 sq ft
- Finished area above grade
- 3,386 sq ft
- Finished area below grade
- 3,000 sq ft
- Unfinished area below grade
- 204 sq ft
- Below grade total
- 3,204 sq ft
- Bedrooms above grade
- 4
- Bedrooms below grade
- 3
- Full baths, main level
- 2
- Full baths, below grade
- 1
- Half baths, main level
- 1
- Basement
- Sump Pump, Full, Walk-Out Basement, Finished
- Flooring
- Hardwood, Carpet, Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplaces
- 3
- Fireplace features
- Family Room, Living/Great Rm, Rec Rm, Wood Burning, Three +
- Laundry
- Main Level
- Interior features
- Balcony, Built-in Features, Built-In Entertainment Ct, Ceiling Fan(s), Ceilings-Beamed, Deck on Waterfront, Detector-Smoke, Jet Tub, Natural Woodwork, Stand Up Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Custom Cabinetry
Exterior & parking
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt, Shingle
- Foundation
- Brick/Mortar
- Garage spaces
- 3
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 825 sq ft
- Parking
- Garage Door Opener, Concrete, Common
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Koontz Lake
- Waterfront features
- Pier/Dock
- Water access
- Frontage Lot
- Lake type
- Ski Lake
- Water frontage
- 95 ft
- Water feature
- Lake
Lot
- Lot features
- Waterfront, 0-2.9999, Lake on Lot, Water View, Waterfront-Medium Bank
- Lot size (acres)
- 0.05 ac
- Lot dimensions
- 97X302.2
- Location type
- Lake
- County
- Marshall County
- Township
- Polk
- Platted
- Yes
- Planned unit development
- No
- Directions
- From South-31 to exit 225B US 30 W toward Valparaiso, right on Queens Rd, Left on Plymouth Laporte Trl, Left W 5th Rd, Right on N Underwood Rd, Left on S Lake Dr, house on right. From North-
Schools
- Elementary school
- Walkerton
- Middle school
- Harold C Urey
- High school
- John Glenn
- School district
- John Glenn School Corp.
Taxes & terms
- Annual taxes
- $10,312
- Tax year
- 2024
- Listing terms
- Cash, Conventional
- Possession
- Doc
- Parcel number
- 50-41-07-000-130.000-011
Included in the sale
- Included in sale
- Dishwasher,Refrigerator,Washer,Window Treatments,Cooktop-Electric,Dryer-Gas,Oven-Built-In,Range-Gas,Sump Pump,Water Heater Gas,Solar Panels Owned
Utilities
- Water
- Public
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 8
Location
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