NOT LISTED FOR SALE

210 N Michigan St Argos, IN 46501

Estimated Value: $164,000 - $194,000

4 Beds
3 Baths
3,340 Sq Ft
$55/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $140,900 $42 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,220/month

39 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2022

There is so much historical charm in this triplex home! Lots of the original character still remains with the huge front porch, wood banister, built-ins, light fixtures and more. The two rented lower units both have one single spacious bedroom, one full bath, dining room, a good sized living room and eat-in kitchen. The vacant upper unit is two large bedrooms, one full bath, eat-in kitchen and good sized living room. Total space is over 3,000 sq ft! All utilities are paid by tenants. The home’s exterior does need painting and this is reflected in the list price. Being sold As-Is. Please allow 24 hrs notice to show.

Last Agent to Sell the Property

Sarah Funk - Adkins

COLLINS and CO REALTORS - PLYMOUTH Listed on: 06/08/2022

Last Buyer's Agent

Chris McIntire

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1840

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 115x165
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Stone or Rock in Basement
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Argos Elementary And Middle School
  • Argos High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 50-22-90-104-217.000-016

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,662

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1840
  • Age: 182
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: .43 PRT LOT 19 SMITHS ADD COM SE COR LOT 19 TH N20W 93’ TO POB TH S70-03-10W 164.56’ TH N20-02-06W 114.97’ TH N70-30-48E 164.62’ ETC
  • Parcel Number ID: 50-22-90-104-217.000-016
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 100.71
  • Monthly Gross Income: 1475
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 4380
  • Total Finished Sq Ft: 3340
  • Above Grade Finished Sq Ft: 3340
  • Below Grade Sq Ft: 1040
  • Price Per Sq Ft: 42.19
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 1040
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street, Paved

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 115x165
  • Estimated Lot Sq Ft: 19166
  • Estimated Lot Size Acres: 0.44

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1475
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1662.15

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 8, 2022
Closed on
Aug 17, 2022
Sold by
Houin Jr Larry E and Houin Beth Mary
Bought by
Dewitt Mitchell T and Dewitt Lacey Ann
Seller's Agent
Sarah Funk - Adkins
COLLINS and CO REALTORS - PLYMOUTH
Buyer's Agent
Chris McIntire
Coldwell Banker Real Estate Group
List Price
$139,900
Sold Price
$140,900
Premium/Discount to List
$1,000
0.71%
Current Estimated Value
$176,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,810
Avg. Annual Appreciation
7.42%
Original Mortgage
$112,720
Outstanding Balance
$108,753
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$65,668

Purchase Details

Closed on
Apr 9, 2007
Sold by
Grossman Ruth H
Bought by
Houin Larry E and Houin Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,400
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Grossman Ruth H
Bought by
Adams Harry J and Adams Ruth E
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
Dewitt Mitchell T -- None Listed On Document
Houin Larry E -- Metropolitan Title In Llc
Adams Harry J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Mitchell T $112,720
Previous Owner Houin Lawrence E $368,218
Previous Owner Houin Larry E $79,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $140,900 +0.7% $42 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $139,900 -- $42 / 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 $3,023 $168,500 $15,300 $153,200
2022 $3,023 $101,800 $14,600 $87,200
2021 $1,583 $78,800 $13,300 $65,500
2020 $1,563 $77,800 $12,500 $65,300
2019 $1,508 $75,400 $12,200 $63,200
2018 $1,540 $77,000 $12,500 $64,500
2017 $1,440 $72,000 $12,500 $59,500
2016 $1,296 $64,800 $12,500 $52,300
2014 $1,344 $67,200 $13,100 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202222404

Indiana Regional MLS

APN: 50-22-90-104-217.000-016