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$119,162
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Property Description
Check out all that 1162 Water St has to offer - a versatile property with excellent potential as either a spacious single-family home or a proven investment property. Featuring 5 bedrooms and 2 full bathrooms, this residence provides plenty of room for family living or lucrative rental potential. With a history of successful rental income, this property appeals to investors looking for a turn-key addition to their portfolio. This home's generous layout, multiple bedrooms, and convenient location make it a great choice for buyers seeking a home with room to grow. The layout offers unique functionality with a large eat-in kitchen, living room, and bedrooms that can also serve as flex spaces if needed. Walkable to downtown Indiana and IUP campus yet placed on a quiet residential street, this home offers a blend of functionality and opportunity. Whether you're searching for a large family home or a property that can continue generating reliable income, 1162 Water St has endless potential.
Full Property Details
Full Property Details for 1162 Water St
General
- Price: $119,162
- Taxes: $3,200
- Status: Active
- Type: Single Family
- Source: West_Penn_MLS
- MLS ID: 1712897
- Updated: 10/17/2025
- Added to Site: 178 day(s) ago
Interior
- Interior Features: Window Treatments
- Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Flooring: Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: On Street
Location
- County: Indiana
- Driving Directions: On the corner lot of Water St. and N Station Ave
School Information
- Elem School District: Indiana Area
- Midd School District: Indiana Area
- High School District: Indiana Area
Heating & Cooling
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Construction: Frame
- Basement: Yes
- Basement Desc.: Interior Entry
- Roof: Asphalt
- Windows: Screens, Window Treatments
- Stories/Levels: 2
- Building Size: 1260
- Year Built: 1948
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.0723
- Lot Dimensions: .0723
Financial Considerations
- Assessment Amount: $106,100
- Tax Amount: $3,200
Listing courtesy of Realty One Group Landmark
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Schools
Schools serving 1162 Water St
School District:Indiana Area School District
| Name | Grades | Distance |
|---|---|---|
Indiana Area Junior High School 245 North 5th Street, Indiana, PA 15701 | 6-8 | 0.8 mi |
Indiana Area Senior High School 450 North 5th Street, Indiana, PA 15701 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1162 Water St
Date
Details
Price
Change
Source
10/17/2025
Price Reduced
$119,162
-7.74%
MLS
7/24/2025
Listed
$129,162
12.31%
MLS
11/25/2015
Sold
$115,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1162 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,200
8%
$106,100
—
2024
$2,960
6%
$106,100
—
2023
$2,804
1%
$106,100
—
2022
$2,789
—
$106,100
—
2021
$2,789
2%
$106,100
—
2019
$2,740
2%
$106,100
—
2018
$2,698
57%
$106,100
—
2017
$1,720
—
$106,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1162 Water St
1162 Water St, Indiana Boro, PA 15701 (MLS# 1712897) is a Single Family property with 5 bedrooms and 2 full bathrooms. 1162 Water St is currently listed for $119,162 and was received on July 24, 2025. Want to learn more about 1162 Water St? Do you have questions about finding other Single Family real estate for sale in Indiana Boro? You can browse all Indiana Boro real estate or contact a Coldwell Banker agent to request more information.

