196 E Main St, Wabash, IN 46992

Description

Here is your chance to bring a remarkable piece of local history back to life. Built in the 1890s, this Queen Anne–style home offers approximately 3,692 sq ft on the first and second floors and showcases many exterior improvements already completed to restore its historic character. The property is protected by an Exterior Covenant held by Indiana Landmarks, ensuring its architectural features are preserved for generations.
Inside, the home is ready for a full renovation. Plumbing, heating, electrical, flooring, walls, and trim will require substantial work, but several original elements remain, including portions of the staircase, detailed trim, and two impressive oak fireplace mantels. Many main-level windows have been replaced with custom-fitted Anderson units to replicate missing or damaged sashes.
Originally built as a duplex, the layout includes two kitchens, two dining rooms, two living rooms, two bathrooms, and six second-floor bedrooms—providing flexibility to restore as a two-unit residence or reconfigure into a spacious single-family home. A full basement, attached two-stall garage, and a large third-floor attic offer storage or potential expansion space.
Buyers will need pre-approval for both acquisition and renovation costs. A restoration plan must be submitted and approved prior to offer acceptance By the Historic Landmarks Foundation Board of Directors. As an added incentive, a $10,000 credit once the renovations are completed within 18 months of purchase and city of Wabash issues an occupancy permit.