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512 W Water Street, 
Borden, IN 47106

$550,000


5

Beds


5

Baths


4,413

Sq Ft


Single Family

Active

Listed by

Nicole Dudley

Schuler Bauer Real Estate Services ERA Powered (N

812-948-2888

Last updated:

February 14, 2026, 03:50 PM

MLS#

202605371

Source:

IN SIRA

About This Home

512 W Water Street

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

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 1968

Price Summary

550,000

$124 per Sq. Ft.

MLS #:

202605371

Last Updated:

February 14, 2026, 03:50 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

4,413 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

4,413 Sq. Ft.

Year Built:

1968


Lot

Lot Size (Sq. Ft):

187,395


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$124 per Sq. Ft.

Source:IN SIRA
The information being provided by Southern Indiana REALTORS® Association, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Southern Indiana REALTORS® Association, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.