Listing provided courtesy of Lundquist Appraisals & Real EstateRobert LundquistMLS# 202549418MLS ProviderContact Information: [email protected]
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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.

Source: Indiana Regional MLS, MLS#: 202549418

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  • Property Type
    Residential
  • Lot
    0.32 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 218 E Main Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/14/2026Source: Indiana Regional MLS Price Reduction
$166,500 -10.0%
12/20/2025Source: Indiana Regional MLS Added to Database
December 20, 2025