Listing provided courtesy of Home First Realty IncMREDMLS# 12689023MLS Provider
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Bring your vision and creativity to this truly one-of-a-kind opportunity in the heart of Mount Carmel! Offering an incredible 8 bedrooms, 7 bathrooms, and approximately 7,500 square feet, this historic residence is packed with potential for the right buyer. Whether you're looking to restore an architectural gem, create a luxurious private residence, or explore other permitted investment possibilities (subject to local zoning and approvals), the possibilities are endless. Inside, you'll find an expansive floor plan with generously sized rooms, soaring ceilings, and countless original character details waiting to be brought back to life. This property is in need of renovation, making it an exceptional opportunity for investors, contractors, or buyers seeking a large-scale restoration project with substantial upside. Conveniently located near downtown Mount Carmel, you'll enjoy easy access to local restaurants, shopping, schools, parks, and everyday amenities. The property is also just minutes from the scenic Wabash River and offers a small-town atmosphere while remaining within driving distance of larger employment centers in southern Illinois and southwest Indiana. This is a rare chance to own one of the area's largest residential properties and transform it into something truly spectacular. Property is being sold AS-IS.

Source: MRED, MLS#: 12689023

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  • Property Type
    Residential

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 230 W 4th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: MRED Added to Database
June 25, 2026