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  • $166,500

    218 E Main St, Wabash, IN 46992

    7beds
    4,597sqft
    : 
    $1,108/mo
    Get pre-qualified
    Single Family Residence
    Built in 1885
    0.32 Acres Lot
    $119,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Three fireplacesOriginal brick constructionOrnate wood trimSweeping walnut staircaseSolid doorsLarge corner double lotBeautifully bracketed cornice
    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.
    242 days
    |
    115
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Lundquist bob@lundquistrealestate.com,

    Lundquist Appraisals & Real Estate,

    Kristi Lundquist,

    Lundquist Appraisals & Real Estate

    Source: IRMLS,MLS#: 202549418MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 255
      • Dimensions: 17 x 15
      Family room
      • Level: Main
      • Area: 225
      • Dimensions: 15 x 15
      Kitchen
      • Level: Main
      • Area: 285
      • Dimensions: 19 x 15
      Living room
      • Level: Main
      • Area: 255
      • Dimensions: 17 x 15
      Heating
      • None
      Cooling
      • None
      Features
      • Entrance Foyer
      • Flooring: Hardwood, Vinyl
      • Basement: Crawl Space,Partial,Unfinished,Exterior Entry,Walk-Up Access
      • Number of fireplaces: 3
      • Fireplace features: Dining Room, Extra Rm, Living Room
      Interior area
      • Total structure area: 5,332
      • Total interior livable area: 4,597 sqft
      • Finished area above ground: 4,597
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Stone
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch Covered
      • Fencing: None
      Lot
      • Size: 0.32 Acres
      • Features: Corner Lot, City/Town/Suburb
      Details
      • Additional structures: Garden Shed
      • Additional parcels included: 8514-11-403-028.000-009
      • Parcel number: 851411403090.000009

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      Materials
      • Brick, Wood Siding
      • Foundation: Stone
      • Roof: Metal,Shingle
      Condition
      • New construction: No
      • Year built: 1885

      Utilities & green energy

      • Electric: Duke Energy Indiana
      • Gas: NIPSCO
      • Sewer: City
      • Water: City, Indiana American Water Co

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Eastern
      Location
      • Region: Wabash

      Financial & listing details

      • Tax assessed value: $136,400
      • Annual tax amount: $2,142
      • Date on market: 12/20/2025
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        $119,500

        $80,000 - $168,000

        $2,591/mo

        Price history

        DateEventPrice
        4/14/2026Price change$166,500-10%
        Source: IRMLS #202549418 Report a problem
        12/20/2025Listed for sale$185,000
        Source: IRMLS #202549418 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,142 +2.7%$136,400 +27.4%
        2024$2,086 +11.9%$107,100 +2.7%
        2023$1,864 $104,300 +11.9%
        2022-- $93,200 -30.5%
        2021$2,448 +8.4%$134,100 +9.6%
        2020$2,258 +2.3%$122,400 +8.4%
        2019$2,208 +1%$112,900 +2.3%
        2018$2,186 +3.9%$110,400 +1%
        2017$2,104 $109,300 +0.2%
        2016$2,104 +9.2%$109,100 +8%
        2014$1,927 -2.5%$101,000 +2.2%
        2013$1,976 +10.7%$98,800 +2.6%
        2012$1,785 -22.2%$96,300 -16.1%
        2011$2,296 +2.8%$114,800 +1.9%
        2010$2,233 +5%$112,700 -7%
        2009$2,127 -27.3%$121,200 +3.7%
        2007$2,925 -6%$116,900 -0.9%
        2006$3,110 $118,000 +26.1%
        2005-- $93,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46992

        Getting around

        52 / 100
        Somewhat Walkable
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: OJ Neighbors
        • Middle: Wabash
        • High: Wabash
        • District: Wabash City Schools

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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