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  • $395,000

    7993 E 400 S, Walkerton, IN 46574

    3beds
    5,492sqft
    Single Family Residence
    Built in 1979
    0.5 Acres Lot
    $395,100 Zestimate®
    $72/sqft
    $-- Estimated rent

    Home value

    $395,100

    $348,000 - $450,000

    Not available

    Zestimate® history
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    What's special

    Wood-burning fireplaceWet barWraparound porchWealth of windowsPremier corner lotPellet stovePrivate pier
    Motivated seller has made a price improvement of this Stunning Lakefront Living Home 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!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jari Troth,

    MTM Realty Group 219-324-4640,

    Todd Saboff,

    MTM Realty Group

    Bought with:

    Non-Member Agent

    Non-Member MLS Office

    Source: NIRA as distributed by MLS GRID,MLS#: 841070MLS Logo

    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: $72/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

    Price history

    DateEventPrice
    9/1/2026Sold$395,000-7.9%$72/sqft
    Source: NIRA as distributed by MLS GRID #841070 Report a problem
    8/10/2026Pending sale$429,000$78/sqft
    Source: NIRA as distributed by MLS GRID #841070 Report a problem
    7/18/2026Price change$429,000-6.5%$78/sqft
    Source: NIRA as distributed by MLS GRID #841070 Report a problem
    6/22/2026Listed for sale$459,000+148.2%$84/sqft
    Source: NIRA as distributed by MLS GRID #841070 Report a problem
    3/9/2007Sold$184,900$34/sqft
    Source: NIRA as distributed by MLS GRID #176638 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 46574

    Nearby schools

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