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Property profile & analytics

1568 Water St Borden, IN 47106

  • Theaters & concert halls
  • 4,380 SF
  • 3.67 lot acres
Value Estimation
Last Sale
Nov 16, 2021
$67,000
Location Intelligence
Property ID
US31-0901693
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Theaters & concert halls

Property Details for 1568 Water St

Year built
1955
Construction
TYPE NOT SPECIFIED
Lot size
3.67 lot acres
Property size
4,380 SF
Property type
Theaters & concert halls
APN
10-16-03-300-015.000-036
APU
101603300015000036

Description

This 3.67-acre commercial property, situated on Highway 60 just outside Borden, Indiana, presents a unique investment opportunity. The existing building, previously used as both office space for a trucking company and a church, offers significant adaptability. The property features a substantial concrete base and floor, ideally suited for the construction of a shop or warehouse. A pre-existing loading dock is conveniently located at the rear of the building, enhancing logistical efficiency. The property's zoning allows for a wide range of uses, including trucking, construction, multi-family housing, religious institutions, and retail businesses. This flexibility makes it an attractive prospect for diverse entrepreneurial ventures. The building's history demonstrates its suitability for various purposes, offering a solid foundation for future development. The property's highway frontage ensures high visibility and accessibility, a key advantage for any commercial enterprise. Note that an additional 9 acres of land, including two rental homes, are available for purchase separately (see MLS 202005310), presenting a potential expansion opportunity for the right buyer. This prime location and versatile property offer significant potential for substantial return on investment. The asking price is $75,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Borden
County
Clark
State
Indiana
Longitude
-85.9711
Latitude
38.4763
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,933
$91,800
$77,400
$169,200
-
$91,800
$77,400
$169,200
More about this property
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