c. 1880 Italianate – Pierceton, IN

Added to OHD on 10/25/17   -   Last OHD Update: 4/12/20   -   42 Comments
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407 S First St, Pierceton, IN 46562

  • $9,000
  • Foreclosure
  • 2 Bath
  • 1854 Sq Ft
  • 0.3 Ac.
Affordable brick home located down town Pierceton. Within walking distance to bank, stores and businesses. Large bedrooms with high ceilings throughout, original wood work, large kitchen, convenient first floor laundry and first floor half bath, city water and city sewer with free trash pickup. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on HomePath.com. Attach certificate to offer and request up to 3% closing cost assistance. Check HomePath.com for more details or ask listing agent. Restrictions apply.
Contact Information
Timothy Hatcher, Hatcher Real Estate,
(574) 267-0013

State: | Region: | Associated Styles or Type:
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41 Comments on c. 1880 Italianate – Pierceton, IN

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  1. Kelly, OHDKelly, OHD says: 11931 comments

    1901 Folk Victorian
    Chestatee, GA

    Thanks John Shiflet for sharing!

  2. Michael L. Wiersma says: 2 comments

    Gorgeous. Tons of potential. If I lived closer, I’d snap it up. I hope someone can see the potential there. I much prefer forced air to radiators, too. On the down side, looks like there was a flooding issue in the basement. Even that is not insurmountable. Someone snap this up, please!!

  3. Ross says: 2455 comments

    What a surreal property.

    Somebody, not long ago, spent a fortune installing $$$$$ Bradbury & Bradbury wallpapers.

    And then what the hell happened????????

    • Doreen says: 230 comments

      Foreclosure. No telling how long it has sat like that–empty, without utilities or heat. Person may have gone on a trip and/or died. It’s been cleaned out, but I assume that could have been the foreclosure folks. Very sad. I’m not a wallpaper fan, but I knew that was classy and NICE stuff. Such a pity. Lots of tuck pointing to do. Bring money and lots of patience.

      • Alicia says: 2 comments

        Looking at the Zillow listing it’s value went from $85k in 2011 to $43k in 2012 (based on taxes). I am guessing it has been empty since probably 2011. Zillow Zestimate shows $109k in Oct 2012 but down to $74k in Dec 2013.

    • Darla says: 102 comments

      Ross, exactly. It is so sad. I absolutely love the existing wallpapers (mostly). I suppose it’s a pipe dream to think there might be any leftovers or ability to find the exact same ones.

      • John Shiflet says: 5450 comments

        Darla, The Benecia California firm of Bradbury & Bradbury (a husband and wife team) has been around for decades. As far as I know, most of their popular patterns (like those seen in this house) are still available but be prepared to pay a small fortune for them as the are hand made and silk screened on long work tables. I would suggest affordable alternatives to Bradbury papers such as Aesthetic Interiors http://www.aestheticinteriors.com/ Some of the mass produced wallpapers also have Victorian patterns or patterns inspired by the classic designer William Morris which would look suitable in a house like this one.

  4. jenni says: 17 comments

    It looks like it has flooded I see a lot of water damage. It also looks like someone drove into that exterior wall to me. That price is a red flag there are structural issues, but it is a beauty and I am sad to see it in this shape.

    • LauraG says: 41 comments

      That was my first thought too, Jenni, that it looked like someone had driven through the wall. One might be able to jack it up and fix it though. I think there are definitely some structural problems like you say, but might be fixable. I wondered about the roof, however. It looks like it has leaked in some areas. Probably needs completely redone fast to prevent more damage. I think this house could be stunning though, especially if one gets rid of all the blood red paint.

    • RosewaterRosewater says: 6676 comments
      OHD Supporter

      1875 Italianate cottage
      Noblesville, IN

      Looks like the stack came down there jenni. It’s the saddest damn thing. What has happened here is probably decades of poor drainage maintenance for a house sitting on what appears to be a pretty boggy lot already. Unfortunately this house is built with the old style, cut brick which was made well before modern brick making technologies. Those suckers are like big red sponges, and will wick up ambient ground moisture like nobodies business. Over time the brick degrades until it literally disintegrates. Looks like that process is terminally under way here. You can see where make do, hack repair jobs have been done here and there in an attempt to at least replace the outer layer of brick along the lower walls and foundations. Thing is, unless a drastic remediation effort is undertaken to protect the house from moisture, (maybe 10 – 20 years ago), it will just get worse until the whole place collapses. One would have to spend BIG BIG $ on that, and then go about doing what may or may not still be possible to shore up the severely damaged walls. S-A-D sad. 🙁

  5. Linda Robinson says: 7 comments

    The house is damaged,,to me, where the boards are up against the wall by the window, a crack, running down behind the board,,, and floor is warped! Not good!

  6. peeweebcpeeweebc says: 1080 comments
    OHD Supporter

    1885 Italianate.

    ahh that poor dear. Let’s hope someone with a big heart can see what is really there.

  7. Mike says: 1 comments

    Once was someone’s pride and joy…

  8. Lynda M Knox says: 1 comments

    good bones, it has a good feel about it, like it needs love and a family

  9. Julles says: 535 comments

    Excuse me, $9,000! $9,000!! For that amount of money you could hire John and Ross and get the best house ever! We have all seen houses in worse shape brought back to fine condition and if you didn’t have a lot of money but could put in that sweat equity and building skills you could have a fine house without being chained to an unaffordable mortgage. Heck, put out a plea to the dreamers for help and I know that I Would come to help for a couple of days. Like Lynda said, she has good bones and worth the trouble. She will be a fine home for a family again one day.

    • Ross says: 2455 comments

      Amen, Julles, amen!

    • RosewaterRosewater says: 6676 comments
      OHD Supporter

      1875 Italianate cottage
      Noblesville, IN

      Good money after bad in this case I’m afraid m-dear. I saw this one pop up but didn’t mention it because it’s for sure a goner. 🙁 See above ex. for reason.

      • John Shiflet says: 5450 comments

        Jeff, Unless you’ve inspected the house in person, I wouldn’t give up so easily. I believe the most serious issue here is a leaky roof. You are generally correct about the phenomenon of efflorescence, defined as: A whitish, powdery deposit on the surface of rocks, (bricks) or soil. It is formed as mineral-rich water rises to the surface through capillary action and then evaporates. If that is indeed the culprit then the remediation might be to dig French drains near the foundation to stop the wicking of water into the bricks. After all, for the small $9k investment, you could afford to put a lot into this house and still be under the cost of a typical suburban starter home while having a house with history and bygone era details. If the problem with the bricks was truly this bad I would be stunned if the homeowner who spent lots of money on the pricey Bradbury wallpapers knew the house was destined to fail soon. I think the collapsed chimney may have had a bad roof leak near it causing the soft lime mortar to deteriorate and fail. But again, a close inspection is all that is necessary to determine if the house can be saved or not. Severe neglect has been the house’s biggest problem in recent years; just look at the streetview-vegetation all but hides the house from the street. Thanks Kelly for posting and I’ll be happy to share my knowledge with anyone who decides to take on this project. Imagine how inspiring the before and after photos would be here? In summary, even if the house can’t be saved, you’d still have a decent in-town lot for $9K and perhaps some salvage. (but I shudder to think of it being destroyed for salvage)

        • Ross says: 2455 comments

          Thank you, John.

          I see nothing about this house which isn’t fixable.

          And I see a LOT of features which would warrant a fix.

          I will never understand why people freak out when a very-cheap-house has issues. That is why it is cheap!

          • LoriS says: 64 comments

            That was my first thought! The bones are there! It may take a good bit of time, one room at a time and money…but she’s doable!

  10. Jeff Myers says: 133 comments

    I rarely say this. Salvage and move on. How terribly sad.

  11. Karen B says: 278 comments

    Ah, again, if I was younger. What fun and satisfaction to restore this house. I’m an optimist and I rarely, if ever give up. For those of us, who enjoy rehabing and digging in with our own sweat equity this house is right up our alley. Not salvage at all. Many a silk purse has been made from a sows ear!

  12. JB says: 100 comments

    WOW! What this house once was and what it could be again! And, for $9k! “Just” $9,000! So you sink “a little” money into it hiring John and Ross but imagine the makeover once it’s complete! 🙂 Either the floor is sinking where the brick has caved in or else the foundation is elevating itself (joke). Why am I so attracted to this decrepit and obviously money-pitted property?

    It’ll be interesting to see if this property sell for the $9k published or if it sell for higher.

  13. MonChiChiPox says: 205 comments

    All that’s missing at this point is Miss Havisham’s wedding cake. It’s still very easy to see what a beautiful house it was at one point. Well it still is but the level of work that needs to be done looks more than a bit daunting. For $9,000.00 maybe we could all chip in and make it an Old House Dreams class project?

  14. tess says: 299 comments

    Google View from last year shows a lot of shrubbery, can hardly see the house. The foundation damage may be from tree roots. No. 2 picture looks like a tree growing into the foundation. If trees caused the damage it could be an easier correction than water damage or settling. Nice well kept neighborhood. Diamond in the rough and a good buy for someone willing to put in the sweat equity.

  15. Anne Stenehjem says: 13 comments

    What once must have been a beautiful house is now in shambles. What a shame. Who is responsible for this? Renters? Squatters?

  16. Alicia says: 2 comments

    According to map view, the house next to it is built over the lot line. It would be interesting to know how that works with everything.

  17. Ramon Unseitig says: 204 comments

    there is a lot going on here. floor damage from roof, or window leaks, probably some joist and girder replacement. But can’t tell if foundation under bricks settled. I’d take out everything including bad plaster and wood lath, and start from scratch. Waterproof outside around foundation and add french drains. I’d guess it’s doable. outside walls look plumb, brick cracks would not be good, plaster cracks could just be old age. 🙂

  18. Cindy B says: 267 comments

    What a shame, looks like this was a beautiful house at one time. Like Ross said, there is quite a bit of Bradbury & Bradbury wallpaper installed, which is now coming off. Hope someone can save this beauty.

  19. CarolynCarolyn says: 305 comments
    Grand Rapids, MI

    These are the kind of houses that haunt my dreams, in a good way. I am obsessed.

  20. MazamaGrammy says: 359 comments

    Undoubtedly needs lots of work, but at $9000 purchase price, I think it could be restored to a beautiful home for a reasonable total investment.

  21. RosewaterRosewater says: 6676 comments
    OHD Supporter

    1875 Italianate cottage
    Noblesville, IN

    Oh man – this is breaking my heart! Sheesh……

  22. Gregory K. Hubbard says: 463 comments

    This was a handsome home, but it is not very large for what may well be an expensive restoration. The extent of the damage confuses me. It could all be tracked down with a site visit or more extensive photographs.

    There have been lots of fenestration changes, lots of brickwork damage. It would be interesting to hire an engineer with historic preservation credentials to investigate. It MIGHT be possible to salvage this home for a reasonable price.

    Perhaps it is my imagination or simply miss-reading the photographs, but it appears to me that some of the second floor window sash are missing, not simply boarded up.

    The newel post appears to be a replacement after the original was stolen or ‘lost.’

    I hope for the best…..

  23. Colleen J says: 1156 comments

    Wow it’s in rough but not as rough as I thought when I saw the price. Gosh I hope someone really goes to town and save this old girl.

  24. Jessica S says: 71 comments

    I’ve recently found this website, and am in heaven. This house hurts my soul to see it deteriorated so badly. If I won the lottery, all I would do all day every day is fix up old homes like this.

  25. Darla says: 102 comments

    I keep coming back to this one. I am SO tempted, but just do not have the wherewithall to handle this, not to mention lack of knowledge.

  26. Stacie Marks says: 1 comments

    Hi, I’m new to comments here but have been drooling over houses on here for quite awhile.
    This house haunts me. I want it so bad I can taste it. My career is in the flooring business. I wonder if there are flooring jobs around the area? I think I will check into it. I would love to restore this beautiful home. I’ll apply with Fannie Mea and we’ll see how it goes….. I’ll be in need of expert advice…. For sure.

  27. Unfortunately this home has been torn down. I am a Kosciusko County native and I’ve always loved this house! Someone did indeed drive through it, driving drunk I believe.

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