Walters Lake Land Option for Casino

A prime 186-acre waterfront parcel on Walters Lake in northern Steuben County is now under option agreement for potential casino-resort development, priced at $3.75 million with premium access near I-69. While brokers like Mark Hansbarger welcome qualified operators to evaluate the land — boasting over 3,400 feet of lakefront and minimal neighbor disruption — actual construction hinges entirely on voter approval in November’s referendum. A state study last year identified Northeast Indiana as ideal for a new casino license, potentially landing in Steuben, Allen, or DeKalb — but only if residents say yes. The property’s design prioritizes traffic flow and community separation, making it a compelling, yet conditional, opportunity. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dc34daaf24567a77