Contamination of groundwater is one of the major environmental issues faced at present due to indiscriminate disposal of sewage, industrial, and chemical waste without proper treatment. This contamination may affect physical, chemical, and biological variables of groundwater. Hence, the aim was to assess the physicochemical and biological properties of groundwater in an urban setting of Belagavi. A total of 30 water samples were collected from open wells in different places by purposive sampling technique. Physicochemical properties, including pH, total alkalinity, turbidity, total dissolved solids (TDS), electrical conductivity (EC), total hardness, chloride ion, and carbon dioxide were assessed using standard methods. Microbiological analysis was done using standard microbroth dilution technique. The obtained values were compared with standard values set by the World Health Organization (WHO) standards and the Bureau of Indian Standards (BIS) for drinking water. Physicochemical properties of the study samples: pH, TDS, total alkalinity, chloride content, turbidity, and calcium and magnesium hardness were within the standard limits set by WHO and BIS; while, EC and bicarbonate hardness were not within the permissible limits. Microbial analysis showed the presence of Escherichia coli in 29 samples and the most probable number (MPN) of the samples was > 180 cfu/100 mL. Although most of the physicochemical properties of the groundwater were within the WHO and BIS standards, the microbiological analysis-MPN assay showed the presence of bacterial contaminants in most of the groundwater samples. Even though groundwater from most of the wells studied were contaminated, they can be revived as good sources of water provided the water is processed before consumption.