NOT LISTED FOR SALE

16908 Michigan Rd Argos, IN 46501

Estimated Value: $262,000 - $300,000

4 Beds
1 Bath
1,790 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $167,000 $93 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,688/month

20 Days on Market

Highlights

  • Formal Dining Room
  • Breakfast Bar
  • Pasture
  • 2 Car Detached Garage
  • Bathtub with Shower
  • 5-minute walk to Memorial Park

About This Home

As of August 2018

9.18 Acre mini-farm at the edge of Argos; older farmhouse with 4 bedrooms; main floor laundry; nice size living room and dining room; NIPSCO gas heat and central air; detached 2 car garage; 28x56 pole barn with concrete floor and electric; the property is fenced and sets back a lane which is very private; $167,000.

Last Agent to Sell the Property

Jim Masterson

MASTERSON & ASSOC., INC. Listed on: 06/07/2018

Last Buyer's Agent

Tamara Osborn

Two Keys, LLC - 1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $604

Year Built

  • Built in 1900

Lot Details

  • 9.18 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Argos Elementary And Middle School
  • Argos High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-22-90-000-008.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$604

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 9.18 Auditor Desc. RR EX 9.18 Acres M/L |
  • Parcel Number ID: 50-22-90-000-008.000-015
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Countertops-Laminate, Garage Door Opener, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2017/2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2475
  • Total Finished Sq Ft: 1790
  • Above Grade Finished Sq Ft: 1790
  • Below Grade Sq Ft: 685
  • Price Per Sq Ft: 93.3
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Stone
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: N/A
  • Bedroom 1: Dimensions: 18x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 14x11, On Level: Upper
  • Bedroom 4: Dimensions: 14x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 685

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 56x28
  • Fence: Farm
  • Outbuilding2: Shed, Dimensions: 12x16, 192

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Size: 5 Inches
  • Well Type: Private

Schools

  • School District: Argos Community
  • Elementary School: Argos
  • Middle School: Argos
  • High School: Argos
  • Elementary School: Argos

Lot Info

  • Lot Description: Level, 6-9.999, Pasture
  • Lot Dimensions: 9.18 Acres
  • Estimated Lot Sq Ft: 399881
  • Estimated Lot Size Acres: 9.18

Tax Info

  • Annual Taxes: 604
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Argos
  • Middle School: Argos
  • School District: Argos Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 10, 2018
Sold by
Pearson Ryan Scott
Bought by
Allen Destry David
Seller's Agent
Jim Masterson
MASTERSON & ASSOC., INC.
Buyer's Agent
Tamara Osborn
Two Keys, LLC - 1
List Price
$165,000
Sold Price
$167,000
Premium/Discount to List
$2,000
1.21%
Current Estimated Value
$280,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,578
Avg. Annual Appreciation
6.93%
Original Mortgage
$150,300
Outstanding Balance
$131,875
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$132,743

Purchase Details

Listed on
Jul 5, 2013
Closed on
Apr 4, 2014
Sold by
Watson Denzil and Watson Rebecca M
Bought by
Pearson Ryan Scott
Seller's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Jim Masterson
MASTERSON & ASSOC., INC.
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$88,369
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allen Destry David -- Metropolitan Title In Llc
Pearson Ryan Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Destry David $150,300
Previous Owner Pearson Ryan Scott $88,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $167,000 0.0% $93 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $167,000 +1.2% $93 / Sq Ft
06/07/2018 06/07/18 For Sale $165,000 +83.3% $92 / Sq Ft
04/04/2014 04/04/14 Sold $90,000 0.0% $50 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
07/05/2013 07/05/13 For Sale $90,000 -- $50 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,500 $181,500 $41,900 $139,600
2022 $1,500 $171,100 $36,800 $134,300
2021 $1,398 $141,600 $31,700 $109,900
2020 $1,198 $141,000 $30,500 $110,500
2019 $1,110 $137,900 $30,700 $107,200
2018 $525 $84,500 $25,600 $58,900
2017 $588 $79,900 $34,400 $45,500
2016 $594 $80,700 $35,200 $45,500
2014 $455 $75,300 $29,300 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201824376

Indiana Regional MLS

APN: 50-22-90-000-008.000-015