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.
Active
$166,500
218 E Main St, Wabash, IN 46992
7beds
4,597sqft
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
- 242 days |
- 115 |
- 0 |
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#: 202549418
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
Zestimate®
$119,500
Estimated sales range
$80,000 - $168,000
Rent Zestimate®
$2,591/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Price change | $166,500-10% |
Source: | ||
| 12/20/2025 | Listed for sale | $185,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 46992
Nearby schools
GreatSchools rating
- 5/10Wabash Middle SchoolGrades: 5-8Distance: 0.8 mi
- 5/10Wabash High SchoolGrades: 9-12Distance: 0.7 mi
- 6/10O J Neighbours Elementary SchoolGrades: PK-4Distance: 1.2 mi
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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