For sale

$80,000

Est. $554/mo —

•

2,378

sq ft

304-306 Indiana St, Wabash, IN 46992

About this home

Great opportunity for investors, house flippers, or buyers looking to create a home of their own! This versatile property offers several possibilities—finish as a spacious single-family home, restore as a duplex for rental income, or live on the main level and rent the upper-level apartment for additional income. Much of the exterior work has already been completed, including new vinyl siding, metal roof, all new windows and exterior doors, plus a new 7' x 16' rear deck. Electrical updates include new meter bases for two units and two new 100-amp electrical panels. The interior has been stripped to the studs, providing a blank canvas to design the layout and finishes to suit your needs. Previously used as a duplex for many years, the property also offers the potential for a 4-bedroom, 2.5-bath single-family home with approximately 2,028 sq. ft. of living area. Bring your vision and make the most of this property's potential! Seller would consider short term seller financing options.

Single-familyProperty Type

1900Year Built

4,356 sq ftLot Size

$34Price/Sq.Ft.

Listed by Robert Lundquist • Lundquist Appraisals & Real Estate

Contact: bob@lundquistrealestate.com

Listing updated: Oct 14, 2026 at 06:33pm

Redfin checked: a few seconds ago

•Source:IRMLS #202642660

Payment calculator

$554 per month

Principal and interest$442

Property taxes

$78

HOA dues

Home insurance

$35

Utilities

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Nearby open houses (4)

Around this home

Schools

K - 12
Preschool & daycare

Wabash Middle School

Public 5-8 • Assigned • 0.6mi

5/10

Wabash High School

Public 9-12 • Assigned • 0.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

304-306 Indiana St · $80,000

Strong offer

$80.4K and above

75% chance or better to win

Why $80.4K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 50 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Bedroom

Interior features
One fireplace
Crawl space and partial unfinished basement with exterior entry

Bathrooms
2 full bathrooms
1 half bathroom
2 main-level bathrooms

Laundry & utility
Main-level laundry
Electric water heater

Flooring
Hardwood flooring

Heating & cooling
Natural gas forced-air heating
No cooling

Sale and tax history for 304-306 Indiana St

Sale History
Tax History

Date

Event

Price

IRMLS #202642660

Oct 14, 2026

Listed

$80,000

$34/sq ft

IRMLS #202536515

Oct 3, 2025

Sold

$35,000

$15/sq ft

Sep 11, 2025

Pending

—

Sep 9, 2025

Listed

$39,500

$17/sq ft

+19

Two-story duplex offering strong income potential with some updating. The main level unit features 2 bedrooms, 1 full bath, and approx. 1,212 sq. ft. of living space, plus enclosed front and rear porches. The upper-level unit offers 1 bedroom, 1 bath, approx. 704 sq. ft. , and its own enclosed porch. Property includes a metal roof (about 10 years old), two older gas forced-air furnaces (currently functional), and separate electric meters with 100-amp panels for each unit. The fenced rear yard provides privacy, and two storage sheds remain with the property. Great opportunity for an investor or owner-occupant looking for rental income. Owners currently pay all utilities but the gas and electric could easily be separated and be a tenant expense. Selling "As Is'.

Year

Property tax

Land + Additions

Assessment*

2024

$1,622 (+5.7%)

$8,300 + $72,800

$81,100

2023

$1,534 (+7.4%)

$8,300 + $68,400

$76,700

2022

$1,428 (+8.2%)

$8,300 + $63,100

$71,400

2021

$1,320 (+8.7%)

$8,300 + $57,700

$66,000

2020

$1,214 (+4.8%)

$8,300 + $52,400

$60,700

2019

$1,158 (+1.0%)

$8,300 + $49,600

$57,900

2018

$1,146 (+0.5%)

$8,300 + $49,000

$57,300

2017

$1,140 (+0.9%)

$8,300 + $47,500

$55,800

2016

$1,130 (+0.2%)

$8,300 + $47,000

$55,300

2015

$1,128 (−36.2%)

$8,300 + $46,900

$55,200

2013

$1,768

$8,300 + $46,200

$54,500

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

67 ft.

Lot depth

85 ft.

Lot size

5,695 Sq. Ft.

Year renovated

1900

Finished Sq. Ft.

1,812

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,812

Year built

1900

Style

Single Family Residential

County

Wabash County

APN

851411203151000009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

R-3

Residential District

This district provides for medium to high density residential areas within the community. The intent of this district is to create a predominantly residential environment for single-family, two-family and low density (less than 12 dwelling units) multifamily residential structures in addition to schools, parks, public facilities and other uses which serve the residents of the district.

Permitted uses

Include but are not limited to:

Community / recreation center
Housing-Multiple units
Infrastructure

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Wabash, IN • 46992

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Wabash. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 304-306 Indiana St

$77,265

$2,735 under list price of $80K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $13K to $156K.

SOLD AUG 27, 2026
$90,000 Last sold price
4 beds2 baths1,740 sq ft
1232 Falls Ave, Wabash, IN 46992
$18/sq ft
larger lot
62 years newer
SOLD JUN 24, 2026
$140,000 Last sold price
4 beds2 baths2,776 sq ft
529 N Wabash St, Wabash, IN 46992
$16/sq ft
larger lot
65 years newer
SOLD SEP 1, 2026
$155,000 Last sold price
3 beds4 baths3,070 sq ft
256 Southwood Dr, Wabash, IN 46992
$16/sq ft
larger lot
60 years newer
SOLD AUG 18, 2026
$125,000 Last sold price
3 beds2 baths1,452 sq ft
80 Eldorado Dr, Wabash, IN 46992
$52/sq ft
larger lot
100 years newer
SOLD FEB 11, 2026
$156,250 Last sold price
3 beds1 bath1,633 sq ft
546 W Harrison, Wabash, IN 46992
$62/sq ft
larger lot
52 years newer
SOLD DEC 5, 2025
$12,500 Last sold price
4 beds1 bath1,977 sq ft
380 E Main St, Wabash, IN 46992
$28/sq ft
18 years newer

Rental earnings

Est. $2,609 per month, based on comparable rentals

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New listings for sale in 46992

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3 beds2 baths1,938 sq ft

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304-306 Indiana St, Wabash, IN 46992

COMING SOON

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276 W Hill St, Wabash, IN 46992

OPEN SAT, 12PM TO 2PM

$170,000

3 beds1 bath1,189 sq ft

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112 Bonbrook Dr, Wabash, IN 46992

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Details provided by IRMLS and may not match the public record. Learn more.

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