Mixed-Use Land for Sale in Waterloo, Indiana
S Indiana St, Waterloo, IN 46793
Priced right, this 9.86± acre Waterloo property offers a rare combination of Light Industrial and Residential zoning with frontage on both S. Best Street and E. Douglas Street. Located within town limits, the parcel benefits from nearby city water, sewer, gas, and electric infrastructure and offers flexibility for future development, investment, or owner-user opportunities. Dual road frontage, established surrounding infrastructure, and a desirable in-town location make this a unique offering in today's market. Buyer to verify zoning, permitted uses, utility availability, and development requirements.
Location
- Street address
- S Indiana St
- County
- DeKalb County
- Zip code
- 46793
- School district
- Dekalb Central United
- Elevation
- 926 feet
Directions
County Road 427 (Wayne St.) to Douglas St. East on Douglas St. to property on north side of road.
Property details
- Acreage
- 9.86 acres
- MLS #
- FWAAR 202601425
- Posted
Property taxes
- Recent
- $995
Parcels
- 17-06-03-452-001.000-008
Legal description
S PT W 1/2 SE 1/4 SECTION 3 TWP 34 RANGE 13 ACRES 9.86
Nearby schools
| Name | Type | District |
|---|---|---|
| Waterloo | Elementary | Dekalb Central United |
| Dekalb | Middle | Dekalb Central United |
| Dekalb | High | Dekalb Central United |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 30, 2026 | Under contract | $164,900 | — | FWAAR |
| Apr 16, 2026 | Relisted | $199,000 | — | FWAAR |
| Apr 11, 2026 | Listing removed | $210,000 | — | Listing agent |
| Mar 23, 2026 | Price drop | $210,000 | $40,000 -16% | FWAAR |
| Feb 4, 2026 | Price drop | $250,000 | $35,000 -12.3% | FWAAR |
| Jan 14, 2026 | New listing | $285,000 | — | FWAAR |