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, 4-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
$185,000
218 E Main St, Wabash, IN 46992
8beds
4,597sqft
Est.:
Single Family Residence
Built in 1885
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Three fireplacesOriginal brick constructionOrnate wood trimSweeping walnut staircaseSolid doorsLarge corner double lotBeautifully bracketed cornice
- 112 days |
- 2,092 |
- 137 |
Zillow last checked: 7 hours ago
Listing updated: December 20, 2025 at 01:40pm
Listed by:
Robert Lundquist bob@lundquistrealestate.com,
Lundquist Appraisals & Real Estate
Source: IRMLS,MLS#: 202549418
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- 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: $9,200
- Annual tax amount: $276
- Date on market: 12/20/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$3,115/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2025 | Listed for sale | $185,000+5.7% |
Source: | ||
| 9/15/2022 | Listing removed | $175,000 |
Source: | ||
| 9/12/2022 | Listed for sale | $175,000+150% |
Source: | ||
| 11/2/2021 | Sold | $70,000-6.7% |
Source: | ||
| 10/9/2021 | Pending sale | $75,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $276 +16.5% | $9,200 |
| 2023 | $237 | $9,200 +16.5% |
| 2022 | -- | $7,900 |
| 2021 | $237 | $7,900 |
| 2020 | $237 | $7,900 |
| 2019 | $237 | $7,900 |
| 2018 | $237 | $7,900 |
| 2017 | $237 | $7,900 |
| 2016 | $237 +14.3% | $7,900 |
| 2014 | $207 -7.6% | $7,900 |
| 2013 | $224 -0.3% | $7,900 |
| 2012 | $225 +112.1% | $7,900 +49.1% |
| 2011 | $106 +1% | $5,300 |
| 2010 | $105 +12.9% | $5,300 |
| 2009 | $93 -29.8% | $5,300 |
| 2007 | $133 -5.1% | $5,300 |
| 2006 | $140 | $5,300 |
| 2005 | -- | $5,300 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,042/mo
Principal & interest
$960
Property taxes
$82
More affordability tools
Climate risks
Neighborhood: 46992
Nearby schools
GreatSchools rating
- 5/10Wabash Middle SchoolGrades: 5-8Distance: 0.8 mi
- 7/10Wabash High SchoolGrades: 9-12Distance: 0.9 mi
- 4/10O 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.
Local experts in 46992
- Indiana
- Wabash County
- Wabash
- 46992
- 218 E Main St




