Listing courtesy of Lundquist Appraisals & Real Estate · Listing agent: Robert Lundquist · bob@lundquistrealestate.com
196 E Main Street
Wabash, IN 46992
Original price $180,000 · Price reduced on April 13, 2026
- 2-car garage
- Fireplace
- Basement
- Bedrooms
- 6
- Bathrooms
- 0.5
- Living area
- 3,692 sq ft
- Lot
- 0.14 ac
- Year built
- 1890
- Type
- Site-Built Home
- Listed
- December 12, 2025
- MLS #
- 202548742
About this home
Here is your chance to bring a remarkable piece of local history back to life. Built in the 1890s, this Queen Anne–style home offers approximately 3,692 sq ft on the first and second floors and showcases many exterior improvements already completed to restore its historic character. The property is protected by an Exterior Covenant held by Indiana Landmarks, ensuring its architectural features are preserved for generations. Inside, the home is ready for a full renovation. Plumbing, heating, electrical, flooring, walls, and trim will require substantial work, but several original elements remain, including portions of the staircase, detailed trim, and two impressive oak fireplace mantels. Many main-level windows have been replaced with custom-fitted Anderson units to replicate missing or damaged sashes. Originally built as a duplex, the layout includes two kitchens, two dining rooms, two living rooms, two bathrooms, and six second-floor bedrooms—providing flexibility to restore as a two-unit residence or reconfigure into a spacious single-family home. A full basement, attached two-stall garage, and a large third-floor attic offer storage or potential expansion space. Buyers will need pre-approval for both acquisition and renovation costs. A restoration plan must be submitted and approved prior to offer acceptance By the Historic Landmarks Foundation Board of Directors. As an added incentive, a $10,000 credit once the renovations are completed within 18 months of purchase and city of Wabash issues an occupancy permit.
Monthly payment estimate
$1,022/mo
- Principal & interest
- $837
- Property taxes
- $140
- Homeowners insurance
- $45
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: estimated at 1.1% of the price per year — the MLS reports no full tax bill for this home yet.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Get pre-approved
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Property details
Interior
- Levels
- Two
- Total rooms
- 16
- Total area
- 7,428 sq ft
- Finished area above grade
- 3,692 sq ft
- Unfinished area above grade
- 1,890 sq ft
- Unfinished area below grade
- 1,846 sq ft
- Main level
- 1,846 sq ft
- Upper level
- 1,846 sq ft
- Below grade total
- 1,846 sq ft
- Bedrooms above grade
- 6
- Half baths, below grade
- 1
- Basement
- Full, Unfinished, Outside Entrance
- Flooring
- Hardwood
- Fireplaces
- 2
- Fireplace features
- Living/Great Rm
- Laundry
- Main Level
- Interior features
- Formal Dining Room, Main Floor Laundry
Exterior & parking
- Style
- Historic, Victorian
- Construction
- Wood Siding
- Roof
- Slate
- Foundation
- Stone
- Garage spaces
- 2
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 580 sq ft
- Parking
- Garage Door Opener
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot, Level
- Lot size (acres)
- 0.14 ac
- Lot dimensions
- See plat map
- Location type
- City/Town/Suburb
- County
- Wabash County
- Township
- Noble
- Cross street
- Allen Street
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- Wabash Street to Main Street then east 2 blocks.
Schools
- Elementary school
- OJ Neighbors
- Middle school
- Wabash
- High school
- Wabash
- School district
- Wabash City Schools
HOA & community
- Community amenities
- Sidewalks
- Association restrictions
- No
Taxes & terms
- Tax year
- 2024
- Tax exemptions
- Tax Exempt, No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- At closing
- Parcel number
- 85-14-11-403-027.000-009
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Electric provider
- Duke Energy Indiana
- Gas provider
- NIPSCO
- Water provider
- Indiana American Water Co
- Cable / internet provider
- Comcast/Xfinity,Cinergy MetroNet
Income & commercial
- Gas meters
- 14
Location
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