Google street view image for 31185 Underwood Rd, Walkerton, IN 46574

Off market

$368,074

•

1 ba

•

1,875

sq ft

31185 Underwood Rd, Walkerton, IN 46574

About this home

31185 Underwood Rd is a 1,875 square foot house on a 15.19 acre lot with 4 bedrooms and 1 bathroom. Based on Redfin's Walkerton data, we estimate the home's value is $368,074.

Single-familyProperty Type

1901Year Built

15.19 acresLot Size

$196Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$368,074

$16K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 136.1% higher than the average sale price ($156K) of 6 comparable homes.

SOLD OCT 12, 2026
$100,000
A
4 beds1.5 baths2,084 sq ft
69150 Pine Rd, North Liberty, IN 46554
SOLD SEP 4, 2026
$313,000
B
3 beds2 baths1,888 sq ft
8902 S 900 Rd E, Walkerton, IN 46574
SOLD OCT 19, 2026
$155,000
C
3 beds1 bath1,638 sq ft
705 Virginia St, Walkerton, IN 46574
SOLD OCT 15, 2026
$67,000
D
4 beds2 baths2,088 sq ft
8840 E 400 N, Grovertown, IN 46531
SOLD JUL 28, 2026
$215,000
E
4 beds1.5 baths2,273 sq ft
401 Georgia St, Walkerton, IN 46574
SOLD APR 30, 2026
$85,350
F
3 beds1 bath1,820 sq ft
901 Harrison St, Walkerton, IN 46574

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Earn from this home

Rent

$2,537/mo

Redfin rental estimate

List your home for rent

Market trends in 46574, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.9%

+0.4% MoM

Median sale price

$238K

$5K MoM

Avg. days on market

46d

10 days MoM

Recently sold homes

1 MoM

New listings for sale

$195,000
3 beds2 baths1,512 sq ft
7780 N Clover Ln, Walkerton, IN 46574
$215,000
3 beds1 bath1,092 sq ft
71615 Timothy Trl, Walkerton, IN 46574
$170,000
2 beds2 baths1,588 sq ft
16542 1st Rd, Walkerton, IN 46574
$155,000
2 beds1 bath1,050 sq ft
311 Maple St, Walkerton, IN 46574
$279,000
4 beds2 baths2,112 sq ft
123 Sunset Dr, Walkerton, IN 46574
$239,000
2 beds2 baths1,671 sq ft
1006 W County Line Rd, Walkerton, IN 46574
FOR SALE BY OWNER
$250,000
2 beds1 bath1,188 sq ft
7873 N Clover Ln, Walkerton, IN 46574
$219,000
2 beds1 bath1,352 sq ft
404 S Longshore Dr, Walkerton, IN 46574
(219) 362-9400
$299,900
2 beds1 bath1,380 sq ft
3544 S 800 E, Walkerton, IN 46574
(219) 262-0086
See all

Provided by Redfin

Sale history for 31185 Underwood Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,199 (+6.5%)

$44,200 + $172,100

$216,300

2024

$2,064 (−8.7%)

$42,400 + $211,800

$254,200

2023

$2,261 (+83.6%)

$42,400 + $211,800

$254,200

2022

$1,232 (−4.8%)

$42,200 + $94,500

$136,700

2021

$1,294

$41,400 + $103,800

$145,200

2020

$1,295 (−15.0%)

$39,800 + $98,300

$138,100

2019

$1,524 (−51.8%)

$39,800 + $98,800

$138,600

2018

$3,163 (+155.1%)

$85,100 + $54,600

$139,700

2017

$1,240

$85,100 + $161,000

$246,100

Tax history for 31185 Underwood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,199 (+6.5%)

$44,200 + $172,100

$216,300

2024

$2,064 (−8.7%)

$42,400 + $211,800

$254,200

2023

$2,261 (+83.6%)

$42,400 + $211,800

$254,200

2022

$1,232 (−4.8%)

$42,200 + $94,500

$136,700

2021

$1,294

$41,400 + $103,800

$145,200

2020

$1,295 (−15.0%)

$39,800 + $98,300

$138,100

2019

$1,524 (−51.8%)

$39,800 + $98,800

$138,600

2018

$3,163 (+155.1%)

$85,100 + $54,600

$139,700

2017

$1,240

$85,100 + $161,000

$246,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Agricultural District

Agricultural districts are established to allow agricultural uses in accordance with the comprehensive plan, to preserve prime agriculture land, to conserve the desirable characteristics of the land and to protect rural agricultural areas from the encroachment of scatter urban type uses and the detrimental economic impacts of urban sprawl. Areas zoned to the A agricultural district are those areas being used for agricultural activities, floodplain, natural areas and other rural uses, located beyond the periphery of the incorporated municipalities where intensive urban or suburban uses are not anticipated.

Permitted uses

Include but are not limited to:

Agriculture
Religious facility
Housing-Single unit
Infrastructure
Educational/school
Library
Museum / gallery
Golf related
Communications tower
Veterinary clinic

Property details

Interior

Basement Information
Basement Sq. Ft: 375
Basement Finish: Partially Finished
Basement Type: Partial Finished

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Poor
Construction Type: Wood
Building Type: Single Family

Property Information
Living Sq. Ft: 1,500
Building Sq. Ft: 1,875
# of Stories: 1
Legal Description: E SIDE OF 24 AC W SIDE E SE 24 35 1W 14 AC

Lot Information
# of Buildings: 2
Land Sq. Ft: 661,676
Municipality Name: LINCOLN TOWNSHIP
Acres: 15.19
County Use Description: OTHER AGRICULTURAL USE

Location Information
Parcel Location Influence: Restrictions

Utility Information
Electricity / Wiring Type: Available

Financial

Assessor Information
Assessment Year: 2026
Tax District County: LINCOLN TOWNSHIP

Public facts

Beds: 4
Baths: 1.0
Sq. Ft.: 1,875
Stories: 1.0
Lot Size: 15.19 acres
Style: Single Family Residential
Year Built: 1901
Year Renovated: 1901
County: St. Joseph County
APN: 711624476002000014

Home facts updated by county records on Nov 6, 2026

Around this home

Schools

K - 12
Preschool & daycare

Walkerton Elementary School

Public PreK-6 • Assigned • 0.9mi

6/10

Harold C Urey Middle School

Public 7-8 • Assigned • 1.0mi

7/10

John Glenn High School

Public 9-12 • Assigned • 0.6mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Walkerton, IN • 46574

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 3.1 hours in December, placing it below the U.S. average for solar exposure.

10.4 hrs

3.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$350,000 – $424,000

Sell confidently with a local market expert in Walkerton. 3 minutes to get started.

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Home values near 31185 Underwood Rd

Data from public records.

Address	Redfin Estimate
31250 Underwood Rd, Walkerton, IN 4 Beds \| 1.5 Baths \| 1560 Sq. Ft.	$276,665
1070 West County Line Rd, Walkerton, IN 2 Beds \| 2 Baths \| 1592 Sq. Ft.	$243,830
71219 Spruce Rd, Walkerton, IN 3 Beds \| 1 Baths \| 1856 Sq. Ft.	$202,634
1136 Harrison St, Walkerton, IN 2 Beds \| 1 Baths \| 2304 Sq. Ft.	$223,402
1132 Harrison St, Walkerton, IN 2 Beds \| 1 Baths \| 930 Sq. Ft.	$128,083
330 Spruce Rd, Walkerton, IN 3 Beds \| 1.5 Baths \| 1018 Sq. Ft.	$227,784
1130 Harrison St, Walkerton, IN 1 Beds \| 1 Baths \| 532 Sq. Ft.	$38,564

Address	Redfin Estimate
31255 Underwood Rd, Walkerton, IN 3 Beds \| 2 Baths \| 2144 Sq. Ft.	$426,591
20965 1st Rd, Walkerton, IN 2 Beds \| 1 Baths \| 918 Sq. Ft.	$146,695
1131 Harrison St, Walkerton, IN 7 Beds \| 1.5 Baths \| 2493 Sq. Ft.	$222,615
1136 Harrison St, Walkerton, IN 3 Beds \| 1 Baths \| 1026 Sq. Ft.	$156,706
71157 Spruce Rd, Walkerton, IN - Beds \| 1 Baths \| 1152 Sq. Ft.	$217,548
1129 Harrison St, Walkerton, IN 3 Beds \| 1 Baths \| 1800 Sq. Ft.	$266,689
71187 Spruce Rd, Walkerton, IN 3 Beds \| 1 Baths \| 1232 Sq. Ft.	$197,654

Address	Redfin Estimate
31031 Underwood Rd, Walkerton, IN 4 Beds \| 2 Baths \| 1728 Sq. Ft.	$518,220
1006 West County Line Rd, Walkerton, IN 2 Beds \| 2 Baths \| 1671 Sq. Ft.	$239,100
1135 Harrison St, Walkerton, IN 3 Beds \| 2.5 Baths \| 1546 Sq. Ft.	$225,779
125 Woodcreek Dr, Walkerton, IN 2 Beds \| 1 Baths \| 864 Sq. Ft.	—
1134 Harrison St, Walkerton, IN 1 Beds \| 1 Baths \| 716 Sq. Ft.	$104,725
1230 Harrison St, Walkerton, IN 3 Beds \| 2 Baths \| 1739 Sq. Ft.	$317,360
350 Spruce Rd, Walkerton, IN 3 Beds \| 2.5 Baths \| 1294 Sq. Ft.	$278,730

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