Top 10 Old Houses Under $50,000 ~ September 2016 Edition

I had a hard time picking the top 10 old houses under $50,000 this month. There are just too many great old homes to choose. It always distresses me that owners haven’t the means, time or inclination to maintain these beauties, but I hope you find the old house of your dreams and the satisfaction of restoring a piece of history. From grand staircases and stained glass to wrap-around porches and hardwood floors, here are the top 10 old houses under $50,000, September 2016 edition.

10353 State Route 80 W.,Fancy Farm, KY 42039

$14,900

Source: Realtor.com.

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This circa 1913 four-bedroom, two-bath home is being practically given away at $14,900. It initially was listed for sale in June of 2015 for $69,900 and has been reduced to this astonishingly low price. It’s located on about a half acre in the sleepy town of Fancy Farm, Kentucky, population 458. The street has pleasant older homes, and the house is in walking distance to downtown, which mainly comprises of Droopy’s Restaurant, the beautiful St. Jerome’s church and a cemetery. If you are looking for a quiet, relaxed place to live, Fancy Farm fits the bill.

Take note of the lovely bay window, staircase and original trim and doors.

See full listing here.

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301 E Thrush Ave., Peoria, IL 61603

$42,000

Source: Realtor.com.

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Well, it looks like I’ll be packing my bags for Peoria. I have no reason to live there, but this circa 1905 brick and stucco Tudor sure is tempting me. The interior is absolutely gorgeous – and move-in ready to boot. Take a gander at the fabulous built-ins, hardwood floors, beams, paneling, staircase, stained-glass windows, crown moulding…..the list doesn’t end. Cast iron radiators, second-floor sunroom, updated kitchen and baths, and did I mention the list never ends?

“Gorgeous woodwork in this large 2 story home on a corner lot. Large inviting front porch. Hardwood floors throughout this home. Living room and dining room have built-ins and stained glass windows. Dining room has a beautiful beamed ceiling. Kitchen updated with new cabinets and countertops in 2011. Large bedrooms. Second bedroom has a huge walk-in closet. Upstairs features a sunroom and full bathroom. Walk-up attic. Move right in or make it your own. This home is full of charm and beauty!”As per the realtor.

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626 Tennyson Place, Toledo, OH 43620

$4,777

Source: Realtor.com.

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Okay, wake me because I must be dreaming! This circa 1911 Foursquare in Historic Old West End Toledo, Ohio, is listing at under $5,000. It’s on the end of a cul-de-sac on a street of lovely, well-kept older homes. Get a load of those fabulous French doors, the grand staircase, original woodwork, hardwood floors, cast iron radiators and the alcove in the kitchen. Some of those kitchen cupboards look original to the house. If it were me, I’d mainly clean and paint the room and install new countertops. Call me crazy, but I love old kitchens. The second floor sunroom and living room columns are spectacular, too.

Apparently, Toledo has a special program for wonderful old houses that need restoration. The realtor outlines it here. “Historic Old West End. Truly a diamond in the rough, with incredible French doors, natural wood work, library, bright kitchen, look beyond the repairs to see the old craftsmanship in this home. Buyer must have proof of funds for renovation and purchase plus complete all Land Bank documents for offer to be considered.”

See full listing here.

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17 Mathewson Terrace, Factoryville, PA 18419

$45,500

Source: Realtor.com.

This circa 1910 Victorian in Factoryville, PA, is just crying out, “Please restore me!” It has so much going for it ~ the price, a great back porch with a beautiful view, wonderful carriage house, gorgeous built-ins and fireplace mantels, front and back staircases, hardwood floors, original doors and trim, curved walls and high ceilings. The list goes on. Take a look at the third floor room with that amazing Palladian window! The home boasts seven bedrooms, one full bath and two half baths and is awaiting a large family with a lot of vision and cash to match.

See full listing here.

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926 E Church St. Salisbury, MD 21804

$50,000

Source: Realtor.com.

What a deal – a stately house on three lots for $50.000 just 45 minutes to the ocean! A wrap-around porch, Palladian window and landscaped half-acre plus yard grace the exterior, while the interior boasts hardwood floors, French doors and high ceilings. Built in 1914, this 5-bedroom, 2-bath beauty is waiting for a large family to call it home.

See full listing here.

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472 Falls Ave.,Wabash, IN 46992

$15,000

Source: Realtor.com.

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Pretty soon I’ll have to change the name of this blog from Old Houses Under 50K to Old Houses Under 20K. Can you believe these two old homes in Wabash, Indiana, are listed at $15,000, plus with a motivated seller? The main Victorian home was built in 1900 and has a beautiful staircase, original trim and doors, wood floors and some lovely exterior fretwork. And what about the additional brick cottage? That could be made to look like a little English cottage with shutters and a colorful flower garden.

As per the realtor: “Seller says bring offer…..Investment opportunity, or single family with separate in-law suite, or single family with work shop/hobby house. Many possibilities here. 2 buildings, the main house is over 2, 000 sq ft with 4 bedrooms and 2 full baths. Some metal roof is in house ready to be installed by new owner and some kitchen cabinets can also be installed. Owner hired contractor to replace roof, he took money and never returned. Roof does leak but seller leaving materials that are on site. 2nd building is a all brick 1 bedroom 1 bath home, could be cute little cottage, or workshop, hobby house or just use as great storage shed. Very large rooms, open staircase and circle porch could be so cute when refinished. GFA furnace in main house is only 5-6 years old. Bring your ideas and put them to work.”

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64 Paige St., Owego, NY 13827

$43,500

Source: Realtor.com.

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The original details of this 1860 Victorian are simply amazing! The arched front door is one of a kind, and the exterior woodwork on the porch and bay window are gorgeous. Inside, more arched doors and doorways, built-ins, original trim and great bathroom wainscoting take my breath away, and I can almost feel the smooth mahogany handrail of the beautiful staircase.

“Classic Victorian Home within the historic district of Owego has original features, some restored beautifully, back to the Eastlake architectural design. Double arched doors, original stained glass windows, high ceilings, wood floors, once a two family, separate entrances, easy to convert back. Needs restoration, but great bones, and dry as a bone basement! No flooding per owner in either flood.” As per the realtor.

See full listing here.

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205 Whitehall Ln., Oakfield, GA 31772

$40,000

Source: Realtor.com.

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Is this an adorable cottage or what? Built in 1906, this gem sits on 1.23 acres with outbuildings. There is so much to love about this house: the yard, gingerbread porch, wood floors, original doors and trim, fireplace mantels, new stainless steel appliances, updated bath, and all that beautiful beadboard to name a few!

As per the realtor: “PRICE REDUCED!!!!!!!!Country cottage has many of the original features and some of the house has been updated. Hardwood floors throughout the house. Owner has begun updating the interior of the house but has not finished. This house needs TLC. New front porch flooring has been added. Owner to build new front porch steps within the next few weeks. The house has two window units. There is a very nice wired workshop (16 X 32) on this 1.23 acres. Fruit trees in the backyard. House is located in a quiet town and close to shopping, Lake Blackshear and public/private schools. Warwick and Lake Blackshear are 5 miles north, Cordele is 18 miles north, Sylvester is 25 miles east and Albany is 17 miles south. Call your realtor to give you a closer look today. All offers welcomed!!”

See full listing here.

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623-1 623-2 East Main St., Cobleskill, NY 12043

$49,900

Source: Realtor.com.

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Until recently, it was difficult finding an old house under $50,000 in and around Cobleskill, NY, a charming historic town in beautiful Schoharie County. Lately, however, several old churches and grand old homes have come on the market and this multi-family is one of them. The home, right on Main Street in historic downtown, has great bones. Loads of beadboard, a fabulous kitchen built-in, hardwood floors, high ceilings, a stunning staircase and columned room divider call my name. How about yours?

Highly visible rental house located in the historic district. House needs piping issues addressed. All new radiators are there but not hooked up. Furnaces are in unknown condition, however one is less than 2 years old.

See full listing here.

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2355 W McMicken Ave., Cincinnati, OH 45214

$49,900

Source: Realtor.com.

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This circa 1900 Victorian is simply stunning from the outside. Look at that stone foundation, the chimneys and the fabulous workmanship under the eaves and on the front gable. Fireplaces, stained glass, original trim and doors, transoms, a great staircase, hardwood floors and a clawfoot tub grace the interior.

“What a find! This house has so much history living in it. It could be yours to nurture and make your own. Three levels of living gives over 2600 sq feet of living space! There is a full basement and a cellar under that. There is a 1/2 bath in the first basement. The purchase price is perfect for someone to come in and fix and live in a different time.” As per the realtor.

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