512 W Water Street Borden, IN 47106

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