# 20015 Star Valley Way, Borden, IN 47106 > **TL;DR:** commercial, $349,000, built 1990. Est. $1,867/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $349,000 | | Year Built | 1990 | | Lot Size | 43,560 sqft (1.00 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,765 | | Estimated Insurance | $102 | | **Total** | **$1,867** | ## Property Highlights - Built in 1990 - 1.00 acre lot ## Description ### Agent Description Pleased to exclusively present the opportunity to acquire a five-unit multifamily property totaling 3, 720 rentable square feet on a one-acre lot in Borden, Indiana.? The property features a mix of one and two-bedroom floor plans across single-story construction, including two 2-bedroom/1-bath units, a recently remodeled unit, and a spacious largest unit.? The building is served by two furnaces and two water heaters (gas and electric), with shared utility service and rents structured by unit size.? Three of the five units are currently occupied and producing income, with two units available for renovation and lease-up.? Borden presents a compelling investment environment driven by an affluent rural demographic, limited rental inventory, and proximity to the Louisville metropolitan market.? ? Residents enjoy a quiet, established small-town setting with strong schools (Borden Elementary and High School both rated B+), level topography, no flood risk (Zone X), and fiber internet availability - all within a roughly 30-minute commute to the greater Louisville MSA.? With in-place income, two units offering immediate value-add, below-market rents across the occupied units, and an entry price comparable to a single-family home, 20015 Star Valley Way offers investors an attractive opportunity to acquire a stable, well-located income property with clear upside in a growing Southern Indiana market.? Property sold as-is.? ## Location - **Address:** 20015 Star Valley Way, Borden, IN 47106 - **Coordinates:** 38.42921448, -85.93894958 - **Google Maps:** https://www.google.com/maps?q=38.42921448,-85.93894958 ## Virtual Tour & Media - **Video Tour:** https://www.corelistingmachine.com/home2/9BBKZE ## Listing Agent - **Name:** Stephannie Wilson - **Brokerage:** NextHome, Inc - **Broker Phone:** 8129247024 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/NEXTHOME/295228/?channel=propsimple) ## Photos ![20015 Star Valley Way - Photo 1](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f277746794r.jpg) ![20015 Star Valley Way - Photo 2](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f3055526585r.jpg) ![20015 Star Valley Way - Photo 3](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f1773599206r.jpg) ![20015 Star Valley Way - Photo 4](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f630921920r.jpg) ![20015 Star Valley Way - Photo 5](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f3212881107r.jpg) ![20015 Star Valley Way - Photo 6](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f1232253939r.jpg) ![20015 Star Valley Way - Photo 7](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f2576156620r.jpg) ![20015 Star Valley Way - Photo 8](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f363144551r.jpg) ![20015 Star Valley Way - Photo 9](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f143365464r.jpg) ![20015 Star Valley Way - Photo 10](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f783684541r.jpg) ![20015 Star Valley Way - Photo 11](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f1508250130r.jpg) ![20015 Star Valley Way - Photo 12](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f1061908960r.jpg) ![20015 Star Valley Way - Photo 13](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f3897167418r.jpg) ![20015 Star Valley Way - Photo 14](http://lh.rdcpix.com/34780b0b2555ab74456ad30915a73f22l-f2270394365r.jpg) --- **MLS#:** 202609885 | **Updated:** 2026-08-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/20015-star-valley-way-borden-in-47106-e295228) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/20015-star-valley-way-borden-in-47106-e295228#listing", "url": "https://www.propertysimple.ai/listing/20015-star-valley-way-borden-in-47106-e295228", "name": "20015 Star Valley Way, Borden, IN 47106", "description": "Pleased to exclusively present the opportunity to acquire a five-unit multifamily property totaling 3, 720 rentable square feet on a one-acre lot in Borden, Indiana.? The property features a mix of one and two-bedroom floor plans across single-story construction, including two 2-bedroom/1-bath units, a recently remodeled unit, and a spacious largest unit.? The building is served by two furnaces and two water heaters (gas and electric), with shared utility service and rents structured by unit size.? Three of the five units are currently occupied and producing income, with two units available for renovation and lease-up.? Borden presents a compelling investment environment driven by an affluent rural demographic, limited rental inventory, and proximity to the Louisville metropolitan market.? ? Residents enjoy a quiet, established small-town setting with strong schools (Borden Elementary and High School both rated B+), level topography, no flood risk (Zone X), and fiber internet availability - all within a roughly 30-minute commute to the greater Louisville MSA.? With in-place income, two units offering immediate value-add, below-market rents across the occupied units, and an entry price comparable to a single-family home, 20015 Star Valley Way offers investors an attractive opportunity to acquire a stable, well-located income property with clear upside in a growing Southern Indiana market.? 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