20015 Star Valley Way, Borden, IN 47106

Building Details

Year built

1990

Architectural style

Other

Listing agent Stephannie Wilson License #RB 14039714,PersonLicenseNumber Show Phone

Listing office NextHome Wilson Real Estate Services 4932 Charlestown Rd., IN Show Phone

Listing date Jul 6, 2026

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MLS# 202609885 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This five-unit multifamily property features single-story construction with a mix of one- and two-bedroom floor plans. The unit mix includes two 2-bedroom, 1-bath units, with one recently remodeled unit and a larger unit among the remaining layouts. The building is served by two furnaces and two water heaters, with shared utility service, and rents are structured by unit size.

The property sits on a one-acre lot in Borden, Indiana. Shared utilities support the five-unit configuration, and the site is described as having no flood risk (Zone X). The remarks also note fiber internet availability and level topography. Residents are served by Borden Elementary and Borden High School, both noted as rated B+. The property is described as being within an approximately 30-minute commute to the greater Louisville MSA.

For investors, the current income base includes three units that are occupied, while the remaining two units are available for renovation and lease-up, providing immediate operational focus. The property is offered for sale as-is, and the unit mix and shared systems may support straightforward management. The sale is listed as a for-sale opportunity in Borden, with rents structured by unit size across the existing floor plans.

Suggested Use

Building Supply Real Estate Agency Storage Facility Bakery Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Accounting Firm Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Borden

County

Clark

State

Indiana

Longitude

-85.9389343

Latitude

38.4291381

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FAQs

What type of property is this?

Apartment building - Single-story five-unit building with one- and two-bedroom units, including two available for renovation and lease-up.

Where is this apartment building located?

The property is located at 20015 Star Valley Way Borden, IN.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Five‑unit multifamily totaling 3,720 rentable SF on a 1‑acre lot in Borden, Indiana; One- and two‑bedroom single‑story layout with two 2BD/1BA units and a recently remodeled unit; Two furnaces and two water heaters (gas and electric) with shared utility service