Lake of the Woods is an unincorporated community in Marshall County, Indiana, United States.

It was labeled a census-designated place (CDP) following the 2020 census.

The community is in northern Marshall County, built around the natural lake of the same name.

It is 4 miles (6 km) southwest of Bremen, with which it shares a ZIP Code, and 9 miles (14 km) northeast of Plymouth, the county seat.

The United States Census Bureau delineated Lake of the Woods as a census designated place in the 2022 American Community Survey.