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707 N Water Street

Hillsboro, IN 47949

2 beds
1 bath
992 sqft
8,712 sqft lot
$90 per sqft
1890 build

**Investor Special! Endless Potential in Prime Location** This property presents an incredible opportunity for investors or homeowners looking to add value through renovations. With solid bones and a layout full of possibilities, this home is ready for transformation. Whether you're considering a full rehab or strategic updates, this is the perfect candidate for FHA 203(k), USDA renovation loan, conventional rehab loans, or cash buyers looking for their next project. Situated in a desirable area with strong market potential, this home is waiting for the right vision to bring it to life. Don't miss out on this chance to create something special!

Listing courtesy of MIBOR / Carpenter, REALTORS®

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# 22029610 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1890
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Ranch
Levels:

One
Basement:

true
Basement:

Exterior Entry, Unfinished
Foundation Details:

Block
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Building Area Total:

1736

Interior

Rooms:

5
Rooms Total:

5
Rooms Total:

5
Interior:

Utility Room
Interior Features:

Raised Ceiling(s), Entrance Foyer, Hardwood Floors, Windows Vinyl, Windows Wood
Eating Area:

Formal Dining Room
Laundry Features:

Connections All

Room Dimensions

SqFt:

992
Main Level SqFt:

992
Living Area:

992

Location

Directions:

GPS Friendly
Latitude:

40.112956
Longitude:

-87.160246

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

231101304018000002
Acres:

<1/4 Acre
Lot Features:

Corner Lot, Not In Subdivision
Lot Size Acres:

0.2
Lot Size SqFt:

8,712 Sqft
Price Per Acre:

450000
Property Condition:

Fixer
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

No

Listing Agent

Contact info:

Taxes

Tax Lot:

002-00226-00 H & H 186
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

119.22

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Window Unit(s)

Utilities

Electric:

100 Amp Service
Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer

Schools

High School District:

Southeast Fountain School Corp

The Community

Subdivision Name:

No Subdivision
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

None, Detached
Garage:

false

Monthly cost estimate

Asking price

$90,000

Expense	Monthly cost
Mortgage	$481
Taxes	$19
Insurance	$24
Utilities	$172 See report
Total	$696/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/28/25 Mar 28, 2025	Listed / Active	MIBOR	$90,000
5/21/21 May 21, 2021	Sold	IRMLS

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This house located in Hillsboro, IN 47949 is currently for sale for $90,000. 707 N Water Street is a 992 square foot house with 2 beds and 1 bath. This house is in the attendance area of Southeast Fountain Elementary School and Fountain Central Jr-Sr High School.

Listing Courtesy of: MIBOR and Carpenter, REALTORS®.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service