$119,181
4 Bed · 2 Bath · 2,041 Sq Ft
Historic 4BR/2BA home on a deep lot close to schools and parks
4
Beds
2
Baths
2,041
Sq Ft
1900
Built
0.14 acres
Lot
1-car detached
Garage
This is a home that announces itself with original woodwork and craftsman-era character while offering practical, modern systems for everyday living. Built in 1900 and sitting on a level 6,040 sq ft lot with 40 feet of frontage along South 10th Street, the house opens into comfortable living areas where preserved trim, built-ins and wide moldings recall the property’s historic roots. The living room and adjoining formal spaces flow toward a glassed sunroom warmed by a gas heater—perfect as a quiet reading nook, playroom, or year-round plant room.
The main floor includes generous bedroom options and two full baths across roughly 2,041 square feet (per county records), and the 1.5-story profile gives the home a true bungalow scale. The heating is forced air gas and the home is served by central air conditioning, providing practical comfort while retaining period details. A partially unfinished basement provides storage and a clear opportunity for added finished living area or hobby space.
Outside, a fenced backyard creates a private yard for pets and summer gatherings; a 1-car detached garage plus driveway provide off-street parking—useful on this residential stretch near local shops and schools. The R-1 zoning allows single-family use and offers flexibility for accessory dwelling units subject to permitting, adding longer-term value possibilities.
Located in the South 13th Street neighborhood of Terre Haute, this property puts Farrington Grove Elementary and Sarah Scott Middle School within a half-mile, with Terre Haute South Vigo High School under two miles. Nearby community amenities include Deming Park for outdoor recreation and Honey Creek Mall for retail; the home is part of a stable neighborhood with a strong sense of place and steady demand for single-family homes. Whether you’re seeking a primary residence with historic charm or a value-driven investment with upside in the unfinished basement, this Craftsman bungalow is a rare blend of authenticity and potential.
The South 13th Street neighborhood blends quiet residential streets with convenient access to schools, parks and retail. Families appreciate the proximity to Farrington Grove Elementary and Sarah Scott Middle School, while Deming Park and Honey Creek Mall are short drives for weekend recreation and errands. The area’s modest, stable population supports a close-knit community feel; sidewalks and short local trips make daily life straightforward, and a mix of preserved historic homes gives the neighborhood character that attracts owner-occupants and investors alike.
Local market conditions around South 10th Street are balanced-to-slightly seller-favorable. Inventory is tight at roughly 2.5 months, and homes in the immediate Terre Haute area typically sell in about 51 days—faster than a fully buyer-dominant market but not hyper-competitive. The neighborhood’s median sale price sits near $183,000, while recent comparable transactions within a half-mile support an estimated value range for this property between $107,700 and $130,662, with a midpoint estimate around $119,181. Single-family homes in this corridor remain in steady demand because of walkable access to schools and retail, and modest year-over-year appreciation (about 3% last 12 months, ~15% over five years) points to long-term stability rather than volatile spikes.
For buyers, this is an attractive window: limited months of inventory reduce the likelihood of protracted negotiating periods, and the property’s historic features plus basement expansion potential create tangible value-add scenarios. Investors should note local rental comps that indicate monthly rents near $1,200, which aligns with a solid gross rental yield estimate in this market. Verify roof and major systems during due diligence, but market indicators suggest this home is well-positioned for resale or conversion to a higher-yielding asset after modest investment.
Farrington Grove Elementary School
Elementary · 0.4 mi
Sarah Scott Middle School
Middle · 0.4 mi
Terre Haute South Vigo High School
High · 1.7 mi
Good access to parks and neighborhood green spaces with Deming Park 2.5 miles away, nearby community trails for walking and biking, and multiple recreational options within a short drive.
Well-maintained historic home in a stable Terre Haute neighborhood with significant appreciation potential. Proximity to amenities and potential for basement finishing create additional upside. Balanced market conditions suggest steady resale trajectory.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$108K
Midpoint
$119K
High
$131K
$58.38/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $125,800 aligns with market estimates.
As of 2026-07-09
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Stable population with modest income levels. Walkability Rating estimate: 64/100.
Conveniently located near schools, parks, and shopping centers. Deming Park offers recreational facilities, and Honey Creek Mall provides various retail options.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$18.57/SF
Arm's length transaction
Transaction details not fully available
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