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251 Forrest Ave, Wabash, IN, 46992

2beds
2baths
1,473sqft
$204,900
$139price/sqft
$1,547/moest. monthly cost
$61,880/yrincome needed

About This Home

Larger than it looks! Move in ready with lots of recent updates including new flooring, fresh paint throughout, newer windows, new dishwasher and over range microwave, updated baths. Basement could be finished for extra room. Broker owned

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
Wabash Middle SchoolGrades 5-80.6 mi
7/10
Wabash High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Asphalt,Shingle,Dimensional Shingles
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Range/Oven Hook Up Gas,Dishwasher,Microwave,Refrigerator,Gas Range,Gas Water Heater,Water Softener Owned
  • Laundry features: Gas Dryer Hookup,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial,Block

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Family Room

  • Level: Main
  • Area: 450

Features

  • Ceiling Fan(s),Laminate Counters,Crown Molding
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,473

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,013
  • Total interior livable area: 1,473 sqft

Kitchen

  • Level: Main
  • Area: 130

Living Room

  • Level: Main
  • Area: 288

Property

Details

  • Parcel number: 851440401019.000009

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch

Lot

  • Lot size: 5,967 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 50x120

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage Door Opener,Asphalt
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
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 $1,036$12,432
Home Insurance *$185$2,220
Property Taxes $142$1,704
Electricity $184$2,212
Total$1,547$18,564
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,040/yr
40% on housing$46,410/yr
45% on housing$41,253/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 46992$106
Wabash County$113

vs Homes Sold Last Month

Median $/sqft

ZIP 46992$110
Wabash County$92

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
2026-08-14Price change$189,900
2026-08-07Price change$199,900
2026-08-03Price change$204,900
2026-07-26Listed for sale$209,900
2026-04-20Sold$120,276
2025-06-15Listing removed$158,900
2025-05-19Pending sale$158,900
2025-01-15Price change$158,900
2025-01-07Price change$166,900
2024-11-09Price change$168,900
2024-10-25Price change$169,900
2024-10-06Price change$174,400
2024-09-29Price change$179,400
2024-09-26Listed for sale$179,900
2023-08-22Sold$159,000
2023-07-11Pending sale$155,000
2023-06-01Listed for sale$155,000

For Sale by Agent

AgentCory Smith
BrokerageLundquist Appraisals & Real Estate

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