




218 E Main St, Wabash, IN, 46992
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1885
Materials
- Foundation: Stone
- Roof: Metal,Shingle
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial,Unfinished,Exterior Entry,Walk-Up Access
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 255
Family Room
- Level: Main
- Area: 225
Features
- Entrance Foyer
- Flooring: Hardwood,Vinyl
- Number of fireplaces: 3
- Fireplace features: Dining Room,Extra Rm,Living Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 4,597
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 5,332
- Total interior livable area: 4,597 sqft
Kitchen
- Level: Main
- Area: 285
Living Room
- Level: Main
- Area: 255
Property
Details
- Parcel number: 851411403090.000009
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: None
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot,City/Town/Suburb
Parking
- Parking features: Stone
- 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
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $841 | $10,092 |
| Home Insurance * | $150 | $1,800 |
| Property Taxes | $273 | $3,276 |
| Electricity | $421 | $5,056 |
| Total | $1,685 | $20,220 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $166,500 |
| 2025-12-20 | Listed for sale | $185,000 |
| 2022-09-15 | Listing removed | $175,000 |
| 2022-09-12 | Listed for sale | $175,000 |
| 2021-11-02 | Sold | $70,000 |
| 2021-10-09 | Pending sale | $75,000 |
