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426 N Main St, Princeton, IN, 47670

4beds
5baths
2,576sqft
$217,400
$84price/sqft
$1,742/moest. monthly cost
$69,680/yrincome needed

About This Home

Built in 1884, this historic Queen Anne brick home, known as The Maxam House, is one of Princeton’s oldest brick homes and offers a rare opportunity to own a remarkable piece of local history. Located in Princeton’s Central Business District, the home features 4 bedrooms, 4 full bathrooms, 1 half bath, and private guest quarters. Enjoy a walkable location with sidewalks leading to the nearby North Gibson School Corporation campus (less than one mile away), as well as convenient access to walking trails, parks, downtown shopping, and dining. Architectural details include impressive 11-foot ceilings on the main level, 10-foot ceilings upstairs, a hand-carved staircase, hardwood flooring, oversized windows, beautiful original woodwork, built-in cabinetry and shelving, and many other period features that showcase the craftsmanship of the late 19th century. A balcony overlooking North Main Street provides a unique place to relax and enjoy views of downtown. According to the Indiana Historic Sites and Structures Inventory, the Franklin and Jane Maxam House was built in 1884 by Sanford Howe for his daughter, Jane Howe Maxam, and her husband, Dr. Franklin Maxam. The home remained in the Maxam family for approximately 90 years and was later operated as The Maxam House Bed & Breakfast. Historical artifacts associated with the Maxam family are included with the sale. While the property would benefit from renovation and restoration, it presents an exceptional opportunity to preserve and personalize one of Princeton’s most significant historic residences. A detached one-car garage adds everyday convenience as this landmark property awaits its next steward. Home Warranty from 2-10 available with purchase.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

4/10
3/10

Construction

Condition

  • Year built: 1884

Materials

  • Roof: Asphalt,Metal
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hk Up Gas/Elec,Dishwasher,Refrigerator,Gas Range
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial,Brick

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 209

Family Room

  • Level: Main
  • Area: 252

Features

  • Ceiling-9+,Ceiling Fan(s),Laminate Counters,Crown Molding,Entrance Foyer,Guest Quarters,Natural Woodwork,Stand Up Shower,Tub and Separate Shower,Tub/Shower Combination,Formal Dining Room,Custom Cabinetry
  • Door features: Pocket Doors,Six Panel Doors
  • Flooring: Hardwood,Vinyl
  • Fireplace features: Living Room
  • Attic: Pull Down Stairs,Storage
  • Finished area below ground: 0
  • Finished area above ground: 2,576

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,829
  • Total interior livable area: 2,576 sqft

Kitchen

  • Level: Main
  • Area: 196

Living Room

  • Level: Main
  • Area: 255

Property

Details

  • Parcel number: 261207104002.053028

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Fencing: Partial,Metal

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot,Level,City/Town/Suburb
  • Lot size dimensions: approximately 89x149

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage Door Opener,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Earthquake
Heat Wave
Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,099$13,188
Home Insurance *$207$2,484
Property Taxes $200$2,400
Electricity $236$2,833
Total$1,742$20,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,725/yr
40% on housing$52,260/yr
45% on housing$46,453/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 47670$87
Gibson County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 47670
Gibson County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$217,400
2025-11-18Listing removed--
2025-08-20Listed for sale$250,000
2022-07-20Sold$200,000
2021-12-16Listing removed$219,900
2021-12-01Pending sale$219,900
2021-08-30Listed for sale$219,900
2013-11-25Sold$146,200
2013-09-12Price change$149,900
2013-08-23Listed for sale$154,900
2011-10-14Listing removed$199,900
2011-01-12Listed for sale$199,900
2010-11-04Listing removed$199,900
2010-10-16Listed for sale$199,900

For Sale by Agent

AgentRay Stallings
BrokerageDHI Realty Inc

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