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512 W Water Street, Borden, IN 47106

Local realty services provided by:CENTURY 21 River Valley Real Estate, Inc.
512 W Water Street,Borden, IN 47106
$550,000
  • 5 Beds
  • 5 Baths
  • 4,413 sq. ft.
  • Single family
  • Active
Listed by: nicole dudley
Office: schuler bauer real estate services era powered (n
MLS#:202605371
Source:IN_SIRA

Price summary

  • Price:$550,000
  • Price per sq. ft.:$124.63

About this home

NEWLY REINTRODUCED TO THE MARKET WITH A STRATEGIC PRICE ADJUSTMENT. This property presents a compelling opportunity for buyers and investors seeking value, flexibility, and upside. Featuring 5 bedrooms and 5 full baths, over 4,400 sq ft above grade with a full unfinished basement and sitting on over 4 acres in the heart of Borden, the home offers a solid foundation with clear potential for renovation or repositioning. The current pricing allows room for improvements while supporting long-term equity growth. Renovation financing options including programs that may allow updates to be included directly in the purchase loan - are a possibility, creating a streamlined path to modernization. Whether the plan is light cosmetic updates or a more comprehensive renovation, this property supports multiple value-add strategies. Opportunities where price, potential, and financing flexibility align are increasingly rare. This is a chance to improve, customize, and build value with intention.

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Home facts

  • Year built:1968
  • Listing ID #:202605371
  • Added:29 day(s) ago
  • Updated:February 13, 2026 at 03:47 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:4,413 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Building area:4,413 sq. ft.
  • Lot area:4.3 Acres

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$124.63
  • Tax amount:$3,438

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