THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
Save This Old House – FSBO Circa 1890 Queen Anne Victorian Fixer Upper on 1 Acre Under $45K
July 25, 2023
OHU50K Notes $54,900 Reduced to $44,900
Save this old house. She was once a beauty and home to a large family. Located on about one country acre, the for sale by owner Queen Anne Victorian has many original elements still intact. The current owner lives in it, so the condition may look worse than it actually is?
This property is being sold in AS-IS condition. Needs restoration, mostly original now. Will not qualify for commercial loans. Cash sale only or private loans. Absolutely no “deals”. Please no inquires for any owner financing. I need the cash to move on.
House sits on almost 1 acre and has utilities ran, electric and well for water. Has natural gas meter too. Sewer is city @ $30.00 a month. Queen Anne Victorian home located in Matthews IN on beautiful 1 acre lot. Farmland right behind home makes it feel like living in the country with small town amenities. Only 25 or so minutes to Muncie or Marion.
Original 2 story house was built in 1890, lower level in back was built in 1834 and brought to property around 1860 or so. Dr. Wharton (Builder with his father )would be closer to his patients. (It was horse and buggy then).
Work has been started with newer electrical box and some dedicated lines added. Potentially has 4 bedrooms and 2 baths. Home was used as income property with rental apartment upstairs with separate entrance. Home would be perfect for someone that loves and understands the potential in an older home with great bones. 2 blocks from the historic Cumberland Covered Bridge from 1877. The Mississenewa River where you can swim or Kayak or canoe. This property is being sold in as-is condition. Seller makes no representations or warranties of any kind whatsoever, expressed or implied. All prospective buyers are urged to do their own due diligence to their own satisfaction prior to the purchase of this property. Home is being lived in at this time by owner.
If interested in the property, please contact seller whose link is provided via FB Marketplace below.
This was the home of William Wharton (1816-1901) and his wife, Rachel Graham Wharton (1817-1894), whom he married in 1835. The couple had eight children, Sally, Helen, Mary Jane, Martha, Rhoda, William, John and Rosetta.
“William Wharton was born in Guernsey County, Ohio, on the 1st of February 1816, and is the only son of Thomas and Sarah (Gray) Wharton, parents natives of Virginia and New Jersey.
At the age of fourteen he came with his parents to Indiana, and located in Delaware County, where he remained until his removal to Grant County in the year 1835. He located in Jefferson Township, where he engaged in farming, which vocation he followed with encouraging success for many years, making it his lifework.
Mr. Wharton was a resident of Jefferson Township until 1873, at which time he retired from the active duties of farm life and moved to Marion, where he has since resided.
Mr Wharton died at the age of 86 years, in Matthews at his former homestead (now the home of his son Dr William L Wharton) where he had been visiting for several weeks. His health had been poor for several years.
he was a kind and wonderful man, and well liked by those who knew him.”
As Find-A-Grave states, the home was passed down to William Wharton’s oldest son, Dr. William Lemon Wharton (1851-1923), in 1873. The good doctor and his wife, Alice Chaney Wharton (1854-1948), raised their five children in this home, Lelia, Ada, Inez, Wendall and William,