Listing courtesy of Lundquist Appraisals & Real Estate · Listing agent: Robert Lundquist · bob@lundquistrealestate.com
218 E Main Street
Wabash, IN 46992Eastern
Original price $185,000 · Price reduced on April 13, 2026
- Fireplace
- Basement
- Bedrooms
- 7
- Bathrooms
- 4
- Living area
- 4,597 sq ft
- Lot
- 0.32 ac
- Year built
- 1885
- Type
- Site-Built Home
- Listed
- December 20, 2025
- MLS #
- 202549418
About this home
An extraordinary opportunity for the historic-home enthusiast! This imposing 19-room Victorian residence—built in 1885 for banker Frank Morse—offers approximately 4,597 sq ft of living area, 7-bedrooms and 4-full baths on a large corner double lot. A true example of the Italianate style, the home retains remarkable original features including a sweeping walnut staircase, three fireplaces, ornate wood trim, solid doors, and a beautifully bracketed cornice. The exterior showcases a newly rebuilt covered front porch, original brick construction, and the architectural presence only a home of this era can provide. While the property requires significant renovation, the groundwork is set for a rewarding restoration, with the interior fully cleared and a new roof installed in 2022. This is an exceptional chance to bring a historic treasure back to its full luster and create a stunning forever home. Indiana Landmarks Historical Covenants apply, requiring a reasonable renovation plan, approval of exterior work, and single-family owner-occupied use. A rare opportunity to steward one of the community’s architectural gems. Buyers may receive 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
$1,113/mo
- Principal & interest
- $911
- Property taxes
- $153
- Homeowners insurance
- $49
- 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.
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Property details
Interior
- Levels
- Two
- Total rooms
- 19
- Total area
- 5,332 sq ft
- Finished area above grade
- 4,597 sq ft
- Unfinished area below grade
- 735 sq ft
- Main level
- 2,321 sq ft
- Upper level
- 4,597 sq ft
- Below grade total
- 735 sq ft
- Bedrooms above grade
- 7
- Full baths, main level
- 2
- Full baths, upper level
- 2
- Basement
- Crawl Space, Partial, Unfinished, Outside Entrance, Walk-Up Access
- Flooring
- Hardwood, Vinyl
- Fireplaces
- 3
- Fireplace features
- Dining Room, Extra Rm, Living/Great Rm
- Laundry
- Main Level
- Interior features
- Entrance Foyer
Exterior & parking
- Style
- Victorian
- Construction
- Brick, Wood Siding
- Roof
- Metal, Shingle
- Foundation
- Stone
- Parking
- Stone
- Private pool
- No
- Other structures
- Garden Shed
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Eastern
- Lot features
- Corner Lot
- Lot size (acres)
- 0.32 ac
- Lot dimensions
- See plat map
- Location type
- City/Town/Suburb
- County
- Wabash County
- Township
- Noble
- Cross street
- Allen St
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- NE corner of Allen St & Main St. Wabash St to Main St 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
- 85-14-11-403-090.000-009
Utilities
- Water
- City
- Sewer
- Public Sewer
- 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
- 12
Location
Similar homes
$165,000
Listed Sep 111344 Middle Street
Wabash, IN 46992
- 3 beds
- 1 bath
- 1,776 sq ft
Listing courtesy of Empire Real Estate LLC


