Borden, IN 47106,512 W Water ST
Borden, IN 47106,512 W Water ST
Borden, IN 47106,512 W Water ST
85
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$550,000
Est. payment /mo
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5 Beds
5 Baths
4,413 SqFt
Open 1/15 5PM-7PM

512 W Water ST Borden, IN 47106

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Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 4,413 sqft

Price per Sqft $124

MLS Listing ID 202605371

Style Two Story

Bedrooms 5

Full Baths 5

Abv Grd Liv Area 4,413

Year Built 1968

Annual Tax Amount $3,438

Lot Size 4.302 Acres

Acres 4.302

Property Sub-Type Residential

Property Description

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. Sq ft & rm sz approx

Location

State IN

County Clark

Zoning Residential

Direction From New Albany, take Hwy 60 W toward Borden. Continue about 13 miles. Home is on the left, next to New Washington State Bank. Home is at 512 W. Water Street, near the heart of town.

Rooms

Basement Unfinished, Sump Pump

Interior

Interior Features Attic, Breakfast Bar, Bookcases, Cedar Closet(s), Ceiling Fan(s), Separate/ Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Home Office, In- Law Floorplan, Bath in Primary Bedroom, Main Level Primary, Mud Room, Pantry, Split Bedrooms, Separate Shower, Utility Room, Natural Woodwork, Walk- In Closet(s), Wood Burning Stove, Window Treatments

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Electric, Wood Burning Stove

Fireplace Yes

Window Features Blinds,Screens,Thermal Windows

Appliance Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Landscaping, Paved Driveway, Patio

Parking Features Attached, Detached, Garage, Garage Door Opener

Garage Spaces 2.0

Garage Description 2.0

Waterfront Description Creek

View Y/N Yes

Water Access Desc Connected,Public

View Park/ Greenbelt, Hills

Roof Type Shingle

Street Surface Paved

Porch Patio

Building

Lot Description Stream/ Creek

Entry Level Two

Foundation Poured

Sewer Public Sewer

Water Connected, Public

Architectural Style Two Story

Level or Stories Two

Additional Building Garage(s), Shed(s), Gazebo

New Construction No

Others

Tax ID 101600300368000036

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan


Listed by Schuler Bauer Real Estate Services ERA Powered (N

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Brian Bell

Brian Bell

Broker | License ID: 213299

+1(502) 552-8001

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512 W Water ST