
Hidden Gem, Income Potential, Historic
At $106,000 for 2,530 square feet, the math is hard to ignore. That works out to about $42 per square foot, which in most markets would get you a storage unit. In Terre Haute, it gets you a 1915 house that has been remodeled and was pulling $1,005 a month in rent before it hit the market.
The house is two bedrooms and one bath, so the square footage is clearly generous relative to the room count. A 1915 build at this size usually means high ceilings, wide rooms, and a floor plan that moves differently than modern construction. Some people love that. Some people don't know what to do with it. Worth seeing in person to understand how the space actually lays out.
The agent description says the interior has been remodeled with modern finishes while keeping the original character intact. There are no photos detailed here, so the specifics of that remodel are worth asking about directly: what was updated, when, and by whom. A remodel is only as good as the work behind it, and "beautifully remodeled" is the kind of phrase that covers everything from a gut renovation to fresh paint and new cabinet pulls.
What is concrete: the rental history. Someone was paying $1,005 a month for this place. That's a real number from a real tenant. If you're thinking about it as an investment, you have an actual baseline to work from rather than a projection somebody ran on a spreadsheet.
The taxes listed don't include the homeowner's exemption, which means if you're buying this as a primary residence, the tax bill will come down from whatever the listing shows.
A 110-year-old house in a mid-sized Indiana city at $42 a square foot. The size is real. The rental history is real. The remodel is worth verifying. That's the picture.


