820 N Wayne St Waterloo, IN 46793
Estimated payment $802/month
Highlights
- Traditional Architecture
- Baseboard Heating
- Level Lot
- Forced Air Heating System
About This Home
Multi-Use Investment Opportunity in the Heart of Waterloo! Two parcels, endless potential! This unique multi-use property sits on the main stretch of town and offers a rare blend of commercial visibility and residential income. The first parcel is commercially zoned and includes a versatile outbuilding previously used for business with 200 amp service—ready to be reimagined for your next venture. The second parcel is residential, featuring both a main home (100amp service and city water and a smaller secondary home (100 amp service/ well water), each currently tenant-occupied on month-to-month leases with renters who would love to stay. While the property could use some updates, it’s already income-producing and brimming with opportunity—perfect for the investor, entrepreneur, or live-work dreamer. Priced to sell at just $129,900 — all offers will be considered! Prime location on Waterloo’s main drag, high visibility, and strong potential for future growth. Seize your chance to own a piece of Waterloo’s main corridor and turn potential into profit!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,326
Year Built
- Built in 1900
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 120x130
- Level Lot
- Zoning described as Residential/Commercial
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Vinyl Construction Material
Interior Spaces
- 1,342 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Waterloo Elementary School
- Dekalb Middle School
- Dekalb High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 17-06-03-129-008.000-008
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $836 | $41,800 | $10,900 | $30,900 |
| 2023 | $786 | $39,000 | $10,100 | $28,900 |
| 2022 | $749 | $37,400 | $9,500 | $27,900 |
| 2021 | $719 | $35,900 | $9,500 | $26,400 |
| 2020 | $1,646 | $81,200 | $19,000 | $62,200 |
| 2019 | $1,417 | $69,900 | $19,000 | $50,900 |
| 2018 | $1,409 | $69,500 | $19,000 | $50,500 |
| 2017 | $1,447 | $71,400 | $19,000 | $52,400 |
| 2016 | $1,582 | $78,100 | $19,900 | $58,200 |
| 2014 | $845 | $41,900 | $13,400 | $28,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | For Sale | $129,900 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Indiana Regional MLS
MLS Number: 202540529
APN: 17-06-03-129-008.000-008
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