This property has it all ! TWO lots with channel and lake frontage on Koontz Lake. The yard is designed to entertain. Lovely patio area with fire pit. RV parking, plenty of parking for your guests . Maintenance free exterior. The home features a wonderful sun room with fireplace, large living room, two spacious bedrooms, convenient kitchen which includes appliances. Newly remodeled bathroom with a walk in shower. There is also a game room, workshop and a two car garage. This property is priced to sell.
Active
$460,000
4669 Underwood Rd, Walkerton, IN 46574
2beds
1,212sqft
Single Family Residence
Built in 1959
1.28 Acres Lot
$434,700 Zestimate®
$--/sqft
$-- HOA
What's special
Maintenance free exteriorGame roomTwo spacious bedroomsRv parkingTwo car garage
- 88 days |
- 189 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Patton 574-286-4461,
Main Street Real Estate Co. LLC
Source: IRMLS,MLS#: 202608359
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Washer, Electric Cooktop, Electric Range, Gas Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Stand Up Shower
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 1,212
- Total interior livable area: 1,212 sqft
- Finished area above ground: 1,212
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 20
- Parking features: Detached, Garage Door Opener, RV Access/Parking, Garage Utilities, Concrete
- Garage spaces: 20
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fire Pit, Workshop
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront, Pier/Dock, Canal Front, Ski Lake, Lake
- Body of water: Koontz Lake
- Frontage length: Channel/Canal Frontage(190),Water Frontage(66)
Lot
- Size: 1.28 Acres
- Features: Lake, Landscaped
Details
- Additional structures: Garden Shed
- Additional parcels included: 5041-07-000-124.000-011
- Parcel number: 504107000124.000011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: Regional
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Walkerton
Financial & listing details
- Tax assessed value: $141,200
- Annual tax amount: $3,058
- Date on market: 3/13/2026
- Listing terms: Cash
Estimated market value
$434,700
$413,000 - $456,000
$1,112/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $460,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,874 -4.9% | $141,200 -10% |
| 2024 | $1,970 +3.4% | $156,900 +4% |
| 2023 | $1,906 +14.9% | $150,900 +4% |
| 2022 | $1,659 +8.5% | $145,100 +20% |
| 2021 | $1,528 +3.4% | $120,900 +6.1% |
| 2020 | $1,478 -3.3% | $114,000 +3% |
| 2019 | $1,528 -9.4% | $110,700 +2% |
| 2018 | $1,687 +8.9% | $108,500 -4.1% |
| 2017 | $1,550 +2.2% | $113,100 |
| 2016 | $1,517 +2.4% | $113,100 +5.1% |
| 2014 | $1,480 -0.2% | $107,600 +2% |
| 2013 | $1,483 +33.8% | $105,500 +27.3% |
| 2012 | $1,108 -15.9% | $82,900 -16.3% |
| 2011 | $1,318 +5.5% | $99,000 +5% |
| 2010 | $1,249 -3% | $94,300 -3% |
| 2009 | $1,288 -19% | $97,200 +2.9% |
| 2006 | $1,590 | $94,500 +132.2% |
| 2005 | -- | $40,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46574
Nearby schools
GreatSchools rating
- 8/10Walkerton Elementary SchoolGrades: PK-6Distance: 3.9 mi
- 7/10Harold C Urey Middle SchoolGrades: 7-8Distance: 4.4 mi
- 10/10John Glenn High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Walkerton
- Middle: Harold C Urey
- High: John Glenn
- District: John Glenn School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marshall County
- Walkerton
- 46574
- 4669 Underwood Rd





