North Webster is home to Dixie, Indiana's oldest sternwheel paddleboat.

A number of private owners cared for and operated the boat from 1929 until 2007 when title was transferred to a nonprofit organization called Dixie Sternwheeler Inc., which operates the boat for regular summer cruises from Memorial Day weekend through Labor Day and to allow chartered events such as weddings, retirement home outings, and company and community gatherings.

Many of the regular cruises feature period music and a narration with some history of the area, the lake, and Dixie.

The mill served as a general store and post office in the 19th century.

Though unconfirmed, it has been said that Al Capone and gang stayed at the Yellow Banks hotel in October 1933 or April 1934.