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Courtesy of Lundquist Appraisals & Real Estate, Robert Lundquist, [email protected]
7 Beds
4 Baths
4,597 sqft

$166,500

218 E Main Street, Wabash IN, 46992

Price per sqft$36.22
Built in1885
Property size4,597 sqft
Property typeResidential

Overview

Active

Updated 12 days ago

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.

$1,108/mo

Est. mortgage payment based on a $166,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202549418

Interior Features

Bedrooms
7
Bathrooms
4
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.32 Acres
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 12:29 AM UTC, 9/28/2026

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