IPhone 4s not properly charging?

Recently I found a Iphone stuck in the mud near my local lake. The Iphone was covered with a otterbox case and it is now taken out. The iphone is in perfect condition with no scratches on it. I then bought a charger for the iphone and I proceeded to charge it to see if it would work. The red battery showed up signifying that it was dead. I then waited 15 to 20 mins and the apple logo appeared, however it then went to a straight black screen, and it goes back to the red battery. It continues to go from the red battery to the apple logo in a continuous loop, and it will not stop. I have tried to hold the wake/sleep button with the home button to restart the phone but no luck. Is the battery just toast to where it won't charge?

Check it out at your local electronic store

Battery is messed up. You could go to the apple store and have them replace the battery with a new one if you wish to keep the phone.

Change battera

Check it carefully. If it not successful then Change battery.

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