4.41 ACRES - 2 TRACTS
CLARK CO. RESIDENTIAL HOME & COMMERCIAL LAND MULTIPAR ONLINE AUCTION 

BEGINS: WEDNESDAY, SEPTEMBER 3 @ 2PM 

ENDS:  WEDNESDAY, SEPTEMBER 17 @ 2PM 

1564 W. WATER STREET (IN HWY 60), BORDEN,  IN 47106

A spacious 1.5 story vinyl-sided bungalow built in 1926, in move-in condition, with a detached 2-car garage on 4.41 acres offered at multipar auction in two tracts - with the ability to buy one or all! Situated on an open and level lot with a beautiful creek in rear, along a high-visibility corridor running parallel to the Monon Trail. Located just minutes from Star Valley Way and downtown Borden, with easy access to major expressways. Zoned Residential R-2 and Highway Business District B-3. 

PROPERTY HIGHLIGHTS

4.41 Open & Level Acres — Offered in 2 Tracts

1.5 Story, 1,863 Square Foot Bungalow 

32’ x 22’ Detached Garage 

Offered in 2 Tracts at Multipar Auction

Zoned: Residential R-2 & Highway Business District B-3

Tract 1:  Home on 0.34 Acres

Tract 2: 4.07 Vacant Commercial Acres

435’ Road Frontage on Water Street (IN-60)

Shared Concrete Driveway Easement 

Electric, Water & Sewers Available At Street 

Survey by Ruckman Land Surveyors - Dated 7/1/2025

Borders Muddy Fork Silver Creek in Rear 

Henryville-Borden Schools 

12 Miles East of Downtown Salem 

15 Miles West of I-65 (Hamburg Exit)

16 Miles Northwest of I-265 (Grant Line Road Exit )

TRACT 1 - HOME | GARAGE | 0.34 ACRES

A charming  1.5 story vinyl-sided bungalow with covered porch, built in 1926, situated on 0.34 acres with 87’ of frontage on Water Street (IN-60). The  home has 1,242 square feet on the main level and includes 2 bedrooms - one with laundry hookup, full bathroom, an equipped eat -in kitchen with knotty pine cabinetry, arched doorway leading  to formal dining room and adjacent living room with wood-burning masonry fireplace and access to rear deck overlooking the backyard.

The 621 square foot  upper level features an open office/sitting area at the top of the stairs,  two non-conforming bedrooms (ceiling height under 7’) and a full bathroom. Additional highlights  include roof replacement completed two years ago, electric central heat and air on the main floor, and electric baseboard heat upstairs. The property also offers a detached 32’ x 22’ frame two-car garage with a metal roof, an 11’ x 23’ utility cellar with outside access, and a crawl space. Access is provided via a shared 25’ x 170’ concrete driveway easement with 1566 W. Water Street, along with a 40’ access easement along the creek (see survey). 

Tract 1 is zoned Residential R-2. 

TRACT 1 HIGHLIGHTS

1.5 Story Vinyl Bungalow Circa 1926

Total Living Space: 1,863 Square Feet

1242 Square Feet Main Level 

621 Square Feet Upper Level 

2 Bedrooms | 2 Full Baths  

Living Room with Fireplace

Wood Floors | Period Trim 

2 Non-Conforming Upper-Level Bedrooms

250 SF Utility Cellar | Crawl Space 

Roof Replacement 2 Years Ago 

Detached 2-Car Frame Garage with Metal Roof 

87’ Frontage on Water Street (IN-60) | 168’ Deep Lot

Zoned Residential R-2

TRACT 2 - 4.07 VACANT ACRES 

An unimproved, open, and level 4.07-acre tract  with 348 feet of frontage on Water Street (IN-60) with beautiful creek frontage in the rear along the Muddy Fork Silver Creek. This tract with sewers zoned highway business district offers commercial potential in a high-visibility corridor, just minutes from Star Valley Way and downtown Borden. 

TRACT 2 HIGHLIGHTS 

4.07 Acres Open & Level

Adjacent to Tract 1 

Zoned Highway Business District B-3 

348’ Frontage on Water Street (IN-60)

Borders Muddy Fork Silver Creek in Rear (AE Floodway) 

Electric, Water & Sewer Available at Street 

UTILITIES 

Duke Energy

Borden Tri- County Water

Borden New Providence Sewers 

Tele Media Internet 

REAL ESTATE TAXES (2024/2025)

New Providence Town District  (Annual)

TRACT 1 - Home - $2,358.66 

(Assessed as part of larger parcel with two homes)

TRACT 2 - Land - $173.68 

(Assessed as part of larger tract of land) 

PROPERTY TAX  DEDUCTIONS (2024/2025)

(Deductions apply as part of a larger parcel with 1566 W. Water Street)

Homestead — $48,000

Supplemental — $37,040

Veteran — $14,000

FLOOD ZONE  

TRACT 1 - Home (0.34 Acres)

FEMA records indicate that the property is not located in a flood zone. 

TRACT 2 - Vacant Land (4.07 Acres) 

FEMA records indicate that the rear portion of the property lies within an AE Floodway Zone. 

SURVEY

Property to be conveyed according to a boundary survey dated July 1, 2025, prepared by Ruckman Land Surveyors and provided by the seller. 

COVENANTS & RESTRICTIONS

This property is being sold without any protective covenants and restrictions. 

ZONING  INFORMATION

TRACT 1 - Home (0.34 Acres):  Zoned R-2 (Medium-Density Residential District) 

TRACT 2  - Vacant Land (4.07 Acres): -Zoned B-3 (Highway Business District)

View Zoning Ordinance – Clark County UDO (Updated July 2025)

https://clarkcounty.in.gov/images/2025/pdf/Clark_County_UDO_Amended_JULY_2025.pdf

LEGAL DESCRIPTION

Part of the Southwest Quarter of Section 33, Township 1 North, Range 5 East, Wood Township, Clark County, Indiana

0.33 Acre Tract (Home)

4.07 Acre Tract (Vacant Land)

Per survey dated July 1, 2025. 

TAX PARCELS 

TRACT 1 - Home: Part of Parcel #10-16-03-300-014.000-036

TRACT 2 - Vacant Land: Part of Parcel #10-16-03-300-117.000-036

SCHOOL DISTRICT 

Henryville- Borden School Corporation 

MULTIPAR AUCTION METHOD

The multipar auction method is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination which realizes the highest bid.  Combination bidding begins Wednesday, September 10, 2025.

The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance placing a bid online, please call our office for assistance @ 812-944-0217.  Our staff will be available for questions. 

EXTENDED BIDDING

If a bid is placed on any parcel in the last 10 minutes, the entire auction will remain open for an additional 10 minutes. If any further bidding occurs, the extension timer will reset to 10 minutes. If no further bidding occurs, the lots close when the timer runs out.

NO MAX BID FEATURE

There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.

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BUYERS PREMIUM

A 10% Buyer’s Premium will be added to the hammer bid price to determine the final purchase price.

REAL ESTATE TERMS

A non-refundable down payment of 10% of the total purchase price (high bid + buyer’s premium), is due within 24 hours of the auction’s conclusion. Accepted payment methods: cash, check, or wired transfer (USD). The balance is due within 40 days. Buyer will receive clear and marketable title. Buyer assumes Spring 2026 taxes, payable Spring 2027. Property sells as-is, without contingencies. All inspections must be completed prior to the auction. If obtaining financing, purchase is not subject to loan approval or appraisal. All closing costs are the responsibility of the buyer. Possession granted at closing. See full terms and details in the Auction Bid Packet.  

RESERVE

Property sells subject to seller confirmation. 

OPEN HOUSE + INSPECTION

Wednesday, September 3, 4:00 PM - 6:00 PM

Wednesday, September 17, 11:00 AM - 1:00 PM

Or schedule a private showing by appointment. 

PROPERTY LOCATION

1564 W. Water Street, Borden, IN 47106

SELLER

David & Rebecca Mefford 

DIRECTIONS 

From I-265: Take Grant Line Road North for 6.1 miles. Turn left onto IN-60 West, continue through Bennettsville and into Borden for approx. 10 miles. Property on left. From I-65:  Take Exit 7 (Hamburg/IN-60). Go west on IN-60 for approx. 15 miles. Property in on the left.