Stunning Lakefront Living with Incredible Income Potential! Nestled on a premier corner lot surrounded by peaceful rural views of the country wildlife from your wraparound porch and scenic fishing lake from your patio and balconies, this expansive 4,400 sq. ft. open-concept home offers unmatched versatility. Designed with flexible living in mind, the main residence features 3 to 6 bedrooms, 3 full bathrooms, and the ultimate convenience of 2 dedicated laundry areas, one on each level. Entertain effortlessly in the massive main-level recreational room, complete with a wet bar, a wealth of windows, and an abundance of natural lighting through the entire home. Cozy up by the wood-burning fireplace or pellet stove on crisp evenings. Step outside to enjoy your direct lake rights, private pier, and pristine waterfront views from your private inlet. You'll even have access to a private sandy beach and nice grassy picnic area through the neighborhood association within walking distance! Fish Lake is located in Walkerton, Indiana with 273 sq acres of excellent fishing with this fully stocked lake. The oversized 4 car garage offers plenty of room for vehicles, boats, hobbies, a workshop and/or lake toys. Above this versatile garage you will find a fully independent 1,100 sq. ft., one bedroom office/apartment with it's own laundry area. Perfect for related living, a lucrative AIRBNB/short-term rental, a long-term tenant, or a private business space. Don't miss this rare direct waterfront gem offering tons of versatility. Soon you could be living the lake life and enjoying your very own serenity. Come see for yourself why this home is so desirable and all that it does have to offer!!
Active
$459,000
7993 E 400 S, Walkerton, IN 46574
3beds
5,492sqft
Single Family Residence
Built in 1979
0.5 Acres Lot
$508,000 Zestimate®
$84/sqft
$-- HOA
What's special
Wood-burning fireplaceWet barWraparound porchWealth of windowsPremier corner lotPellet stovePrivate pier
- 2 days |
- 382 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Jari Troth,
MTM Realty Group 219-324-4640,
Todd Saboff,
MTM Realty Group
Source: NIRA as distributed by MLS GRID,MLS#: 841070
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bonus Room, Other Room, Primary Bedroom, Office, Living Room, Library, Laundry, Kitchen, Family Room, Dining Room, Bedroom 3, Bedroom 2
Primary bedroom
- Description: Adjoins to Library
- Level: Upper
- Area: 300
- Dimensions: 20.0 x 15.0
Bedroom 2
- Level: Main
- Area: 255
- Dimensions: 17.0 x 15.0
Bedroom 3
- Level: Upper
- Area: 196
- Dimensions: 14.0 x 14.0
Breakfast room
- Description: Open concept w/ Kitchen
- Level: Main
- Area: 330
- Dimensions: 22.0 x 15.0
Dining room
- Description: Open concept w/ Living Room
- Level: Main
- Area: 735
- Dimensions: 49.0 x 15.0
Dining room
- Description: Above Garage. Open concept with Living Room
- Level: Upper
- Area: 299
- Dimensions: 23.0 x 13.0
Family room
- Description: Open Concept w/ Bar area
- Level: Main
- Area: 686
- Dimensions: 49.0 x 14.0
Family room
- Level: Upper
- Area: 270
- Dimensions: 18.0 x 15.0
Foyer
- Level: Main
- Area: 112
- Dimensions: 14.0 x 8.0
Kitchen
- Description: Open concept w/ Breakfast room
- Level: Main
- Area: 330
- Dimensions: 22.0 x 15.0
Kitchen
- Description: Above Garage
- Level: Upper
- Area: 90
- Dimensions: 9.0 x 10.0
Laundry
- Level: Main
- Area: 32
- Dimensions: 8.0 x 4.0
Laundry
- Level: Upper
- Area: 32
- Dimensions: 8.0 x 4.0
Library
- Description: Adjoins to Primary Bedroom +Could be used as Bedroom
- Level: Upper
- Area: 322
- Dimensions: 14.0 x 23.0
Living room
- Description: Open concept w/ Dining Room
- Level: Main
- Area: 735
- Dimensions: 49.0 x 15.0
Living room
- Description: Above Garage. Open concept with Dining room
- Level: Upper
- Area: 299
- Dimensions: 23.0 x 13.0
Office
- Description: Separate entrance w/ 2 balconies & was previously used as a bedroom
- Level: Upper
- Area: 224
- Dimensions: 16.0 x 14.0
Office
- Description: Above Garage and previously used as a bedroom
- Level: Upper
- Area: 160
- Dimensions: 16.0 x 10.0
Other
- Description: Wet Bar is open concept w/ Bonus room
- Level: Main
- Area: 686
- Dimensions: 49.0 x 14.0
Other
- Description: Was previously used as a bedroom
- Level: Upper
- Area: 238
- Dimensions: 17.0 x 14.0
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Washer, Refrigerator, Microwave
- Laundry: Gas Dryer Hookup, Washer Hookup, Upper Level, Other, Main Level, Laundry Room, Lower Level
Features
- Ceiling Fan(s), Walk-In Closet(s), Wet Bar, Vaulted Ceiling(s), Other, Open Floorplan, High Ceilings, Eat-in Kitchen, Entrance Foyer
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Living Room, Wood Burning, Other
Interior area
- Total structure area: 5,492
- Total interior livable area: 5,492 sqft
- Finished area above ground: 5,492
Property
Parking
- Total spaces: 4
- Parking features: Detached, Oversized, Gravel, Garage Faces Rear, Garage Faces Front, Driveway, Additional Parking, Garage Door Opener
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Has view: Yes
- View description: Lake, Rural
- Has water view: Yes
- Water view: Lake
- Waterfront features: Beach Access, Lake Privileges, Lake Front
Lot
- Size: 0.5 Acres
- Features: Corner Lot, Landscaped, Front Yard
Details
- Parcel number: 461220479008000055
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 100 Amp Service, Other
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Mcdonalds 1st Add
HOA
- Has HOA: No
Location
- Region: Walkerton
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $355,400
- Annual tax amount: $3,254
- Date on market: 6/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$508,000
$427,000 - $605,000
$2,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listed for sale | $459,000+148.2%$84/sqft |
Source: | ||
| 3/9/2007 | Sold | $184,900$34/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,254 +2.1% | $355,400 +9.2% |
| 2024 | $3,187 -2% | $325,400 +2.3% |
| 2023 | $3,252 +3.3% | $318,200 -2.3% |
| 2022 | $3,149 +0.8% | $325,700 +3.2% |
| 2021 | $3,123 +0.7% | $315,500 +0.8% |
| 2020 | $3,101 -10.5% | $312,900 +0.7% |
| 2019 | $3,464 +5.4% | $310,700 +3.9% |
| 2018 | $3,286 -2.1% | $299,000 +5.8% |
| 2017 | $3,355 +22.2% | $282,700 -2.9% |
| 2016 | $2,745 +38.8% | $291,100 +36% |
| 2014 | $1,978 -16.4% | $214,000 -17% |
| 2013 | $2,368 | $257,700 +26.3% |
| 2010 | -- | $204,000 +11.6% |
| 2006 | $2,163 | $182,800 +27.3% |
| 2005 | -- | $143,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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Climate risks
Neighborhood: 46574
Nearby schools
GreatSchools rating
- 7/10Indian Trail Elementary SchoolGrades: PK-4Distance: 3.3 mi
- 6/10Laporte Middle SchoolGrades: 7-8Distance: 9.3 mi
- 4/10Laporte High SchoolGrades: PK-12Distance: 10.1 mi
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A local lender can help you make sure your offer is ready when you are.
- Indiana
- La Porte County
- Walkerton
- 46574
- 7993 E 400 S




