820 N Wayne Street Waterloo, IN 46793

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Traditional • 125Y Old

$129,900

820 N Wayne Street

3 Bedrooms 1 on Main Level
1 Bathroom
1342 sqft
0.36 Acres
Property Description

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!

Directions

I69 N from Fort Wayne, IN to SR 6(E)- toward Waterloo. Turn Left on CR-24 to N Wayne Street- Turn right and property is on your left.

Map to 820 N Wayne Street, Waterloo, IN 46793

Property
MLS # 202540529
Date Listed 2025-10-06
Status Active
Property Type Residential
Property SubType Site-Built Home
Square Feet 1342 sqft
New Construction No
Style One and Half Story
Type Site-Built Home
Bedrooms 3
Bathrooms 1
Annual Taxes $1,326.00
Year Taxes Payable 2025 Payable 2026
Year Built 1900
Virtual Tour propertypanorama.com »
Days on Market 3
Additional
Design Traditional
Cooling Window
Heating Gas, Baseboard, Forced Air
Main Level Laundry Yes
Outbuilding Pole/Post Building
Room Dimensions
Master Bedroom 10 × 10 Main Level
2nd Bedroom 10 × 9 Upper Level
3rd Bedroom 10 × 9 Upper Level
Bathroom Locations
Full Baths 1 Main
External Features
Construction Site-Built Home
Exterior Vinyl
Lot Size 15,600 sq ft
Acreage 0.36 Acres
Lot Dimensions 120x130
Parking Yes
Out Buildings Pole/Post Building
Sewer City
Water City
Fence None
Location
Area Dekalb County
County Dekalb
Subdivision None
Township Grant
City Waterloo
State IN
Zip 46793
Schools
School District Dekalb Central United
Elementary Waterloo
Middle School Dekalb
High School Dekalb
Financial
Financing Terms Cash, Conventional
Assoc. Dues $0.00 Not Applicable

MLS# 202540529
Listing Provided Courtesy of Christine Kroft
CENTURY 21 Bradley Realty, Inc

Listing updated October 9, 2025 at 8:45 am
Last checked 8 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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