Walters Creek Watershed Site 15-3 in Nodaway, Iowa, is a locally owned earth dam constructed in 1972 by the USDA NRCS for fire protection, stock, and small fish pond purposes. The dam stands at a height of 35 feet and has a length of 649 feet, providing a storage capacity of 238 acre-feet and covering a drainage area of 0.33 square miles. While the dam is classified as having a low hazard potential, a moderate risk assessment indicates the need for caution and proactive risk management measures.

Managed by the Iowa DNR, Walters Creek Watershed Site 15-3 is regulated, permitted, inspected, and enforced by state agencies to ensure its safety and compliance with regulations. The dam's spillway is uncontrolled, and it is designed to handle maximum discharge events effectively. Despite not having a formal condition assessment, the dam is considered to be in a satisfactory state and has not been modified since its completion. The presence of emergency action plans and inundation maps would further enhance the site's risk management and emergency preparedness capabilities.

Water resource and climate enthusiasts interested in Walters Creek Watershed Site 15-3 will find a well-maintained earth dam that serves multiple purposes while also posing a moderate risk that requires careful monitoring and management. The site's location in Adams County, Iowa, along TR-KEMP CREEK, highlights its importance for flood risk reduction and water resource management in the region. With state regulation, inspection, and enforcement in place, the dam continues to play a vital role in protecting the local community and environment from potential hazards.