Active

$149,500

506 NW 1st St, Washington, IN 47501

2beds

1,090sqft

$1,031/mo

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Single Family Residence

Built in 1930

6,098 Square Feet Lot

$140,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Full basementOff-street driveway parkingEnclosed front porchEstablished edible landscape

Charming 1930s bungalow offering 2 bedrooms, 1 bath, an enclosed front porch, full basement, garage, additional outbuilding, and a yard filled with established fruit trees, berries, grapevines, herbs, and wildflowers. Conveniently located within walking distance of local schools and downtown Washington's Main Street, where you'll find a movie theater, coffee shop, and The Commons, home to the farmers market and other community events. Currently operating as an income-producing short-term rental, this home offers a great opportunity for investors or first-time homebuyers looking for a place to call their own. Major updates include a new roof on the home and garage (July 2026), gas furnace and HVAC system (2018), complete electrical rewiring of the home and garage (2018), and radon mitigation system (2020). Off-street driveway parking adds convenience, while walkability and the established edible landscape makes this property anything but ordinary!

34 days
121
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 143
Dimensions: 13 x 11

Kitchen

Level: Main
Area: 144
Dimensions: 12 x 12

Living room

Level: Main
Area: 208
Dimensions: 16 x 13

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Microwave, Refrigerator, Gas Range, Gas Water Heater

Features

Windows: Window Treatments
Basement: Walk-Out Access,Block
Has fireplace: No

Interior area

Total structure area: 2,180
Total interior livable area: 1,090 sqft
Finished area above ground: 1,090
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Levels: One
Stories: 1
Fencing: Partial

Lot

Size: 6,098 Square Feet
Features: Level

Details

Additional structures: Garden Shed
Parcel number: 141027301037.000017

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Community

Security: Radon System
Subdivision: None

Location

Region: Washington

Financial & listing details

Tax assessed value: $119,100
Annual tax amount: $517
Date on market: 10/12/2026

Estimated market value

$140,200

$133,000 - $147,000

$1,165/mo

Price history

Date	Event	Price
10/12/2026	Listed for sale	$149,500
Source: IRMLS #202642314 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,118 +9.3%	$119,100 +4.5%
2024	$1,022 +9.5%	$114,000 +3.9%
2023	$934 +364.2%	$109,700 +17.7%
2022	$201 +1.9%	$93,200 +9.1%
2021	$198 +8.6%	$85,400 +11.8%
2020	$182 -4.4%	$76,400 +2.1%
2019	$190 -1.3%	$74,800 +1.5%
2018	$193 +14.6%	$73,700 +4.7%
2017	$168	$70,400 +2.6%
2016	$168 -12.6%	$68,600 +3.2%
2014	$193 +38.9%	$66,500 +7.3%
2013	$139 +43.2%	$62,000 +6%
2012	$97 +13.6%	$58,500 +4.7%
2011	$85 +10.6%	$55,900 +2.6%
2010	$77 -33.2%	$54,500 -8.2%
2009	$115 -47.5%	$59,400 +12.1%
2007	$220 -43.9%	$53,000 -5.2%
2006	$392	$55,900 +30.6%
2005	--	$42,800