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206 S Main St, Ligonier, IN, 46767

7beds
5baths
5,514sqft
$280,000
$51price/sqft
$2,339/moest. monthly cost
$93,560/yrincome needed

About This Home

Welcome to one of the most historically significant homes in Ligonier, a nationally recognized residence known as the Isaac Straus Home located within the prestigious Ligonier Historic District. Originally built around 1900 and later reimagined in 1911, this home stands as a direct connection to Ligonier’s past, once owned by a member of one of the most prominent families in the city’s early development. Homes like this weren’t just built, they were designed to define an era. Spanning over 5,500 finished square feet, this residence offers 7 bedrooms, 3 full bathrooms, and 2 half baths, combining a rare level of space with architectural character that is nearly impossible to recreate today. From the moment you step inside, the craftsmanship immediately sets it apart. Original woodwork, detailed trim, stained glass accents, and expansive living spaces reflect the quality and intention of the early 1900s. The grand staircase, built in cabinetry, and intricate finishes throughout the home tell a story of a time when homes were constructed with permanence in mind. The layout offers a unique blend of scale and flexibility, with multiple living areas designed for both entertaining and everyday living. Each room carries its own character while still flowing seamlessly from one space to the next. Outside, the home continues to impress with its commanding presence along Main Street, complemented by outdoor living areas, an upper level porch, and additional structures that enhance both functionality and charm. Located just steps from downtown, this property places you in the heart of Ligonier while offering a level of history, character, and architectural detail that simply cannot be duplicated. This is more than a home, this is a property that has been part of Ligonier’s story for over a century and now it is ready to be part of yours. 1) Pre-Approval Letter/Proof Of Funds Required for All Showings 2) Additional Photos Available Upon Request

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

--
West Noble Primary SchoolGrades PK-10.3 mi
6/10
West Noble Middle SchoolGrades 5-82.5 mi
3/10
West Noble High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Gas,Dishwasher,Microwave,Refrigerator
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Sump Pump

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Dining Room

  • Level: Main
  • Area: 266

Features

  • Ceiling Fan(s),Walk-In Closet(s),Stone Counters,Pantry,Tub/Shower Combination,Formal Dining Room
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 240
  • Finished area above ground: 5,274

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 7,092
  • Total interior livable area: 5,514 sqft

Kitchen

  • Level: Main
  • Area: 210

Living Room

  • Level: Main
  • Area: 527

Property

Details

  • Parcel number: 570127400436.000014

Features

  • Levels: Three Story
  • Stories: 3

Lot

  • Lot size: 0.25 Acres
  • Features: Level,Landscaped
  • Lot size dimensions: 66X165

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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 $1,415$16,980
Home Insurance *$194$2,328
Property Taxes $225$2,700
Electricity $505$6,065
Total$2,339$28,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,194/yr
40% on housing$70,170/yr
45% on housing$62,373/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$51This listing

vs Other Active Listings

Avg $/sqft

ZIP 46767$83
Noble County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 46767$161
Noble County$158

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
2026-03-26Listed for sale$314,900
2010-11-24Sold$98,000

For Sale by Agent

AgentBerto Barrera
BrokerageRE/MAX Results

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