Historic Home on Double Lot With Endless Potential — Only $149,900 in Wabash County

In the heart of Wabash stands a home that captures the spirit, craftsmanship, and generous proportions of early American residential architecture.

Located at 516 W Hill Street, this spacious property sits proudly on a double lot, offering the kind of room and historic character that is increasingly hard to find. With its original details, large living spaces, and rare architectural features, the home represents a significant piece of local history ready to be appreciated once more.

Stepping through the front door, visitors are immediately greeted by one of the home’s most impressive focal points: a grand, beautifully crafted staircase that rises from the entry hall with elegance and presence.

Above it hangs a stunning brass chandelier, casting warm, nostalgic light across the home’s rich woodwork. This first impression sets the tone for the rest of the residence, where tall ceilings, handsome trim, and period craftsmanship are found at nearly every turn.

Much of the interior maintains its original hardwood flooring, offering a glimpse into the home’s early-20th-century identity. These floors, once refinished, can regain their deep, inviting glow and serve as a unifying element throughout the main living spaces.

Original tilework also remains in certain areas of the home, adding to the authenticity and historical texture that preservation enthusiasts value.

With five bedrooms and one and a half bathrooms, the home offers an exceptionally flexible layout. Its size allows for numerous possibilities: separate bedrooms, guest rooms, hobby or craft spaces, playrooms, or home offices.

The thoughtful proportions of older homes—large windows, tall walls, and wide transition spaces—ensure that every room feels purposeful yet adaptable. Throughout, the residence carries a sense of endurance, as though built with the expectation of serving many generations.

A particularly striking aspect of the property is the staircase that leads to the unfinished attic. This upper-level area is filled with potential, illuminated by natural light and structured in a way that invites imagination. With its high ceilings and broad floor area, the attic could one day become an additional bedroom, a studio, a private retreat, or an inspiring workspace. The home’s architectural bones provide a strong foundation for transforming this space into something remarkable.

Another of the property’s highlights is its bright and inviting sunroom. Lined with expansive windows that frame views of the yard, this room serves as a serene refuge for relaxation, reading, or conversation. Whether used as a morning coffee nook or an afternoon retreat, the sunroom extends the home’s living area in a way that feels both open and peaceful. Its natural light and gentle ambiance make it one of the most cherished spaces in the residence.

Outside, the home’s double lot provides a rarity in the neighborhood: abundant outdoor space with endless possibilities. Mature trees and open lawn areas make it ideal for gardening, outdoor gatherings, recreation, or future landscaping plans. The generous yard invites a wide range of uses, whether functional, aesthetic, or leisurely.

The property also includes a detached two-car garage paired with a carport, offering sheltered parking, workshop potential, and ample storage. A concrete driveway and additional uncovered parking space contribute to the property’s practicality.

Despite the home’s need for restoration and cosmetic improvements, several important updates have already been completed over recent years. These updates include new gas lines, servicing of the boiler in 2024, plumbing improvements on the main level, and updated wiring in sections of the attic. These foundational enhancements support the home’s ongoing preservation and provide stability for future improvements.

With its original detailing, generous scale, and rich architectural features, the residence at 516 W Hill Street stands as a true Wabash gem—full of character, history, and the promise of renewed beauty. It is a home that invites creativity and vision, offering the rare chance to shape a historic property while honoring the craftsmanship of those who built it more than a century ago.