NOT LISTED FOR SALE

305 N First St Argos, IN 46501

15 Beds
9 Baths
7,182 Sq Ft
0.73 Acres

Last Sold August 10, 2020

Last sale price $390,000 $54 Per Sq Ft

2 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • Level Lot
  • Landscaped
  • Partially Carpeted
  • 5-minute walk to Argos Community Park

About This Home

As of August 2020

Great opportunity to purchase three all brick rental properties. This convenient location is just one block from the school and an easy walk to downtown. This includes the rental units of 102&104 West Church Street, 101 & 103 West Plum Street and 301-309 North First Street, 9 units total. There are 6 two bedroom and 3 one bedroom units. All properties are currently rented. This property has been well maintained.

Last Listed By

Susan Chamberlin

COLLINS and CO REALTORS - PLYMOUTH Listed on: 03/24/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1973

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 198x160
  • Landscaped
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 7,182 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Argos Elementary And Middle School
  • Argos High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, water
  • The owner pays for lawn maintenance, maintenance, snow removal
  • Assessor Parcel Number 50-22-90-104-186.000-016

Community Details

Overview

  • 3 Buildings
  • 9 Units

Pet Policy

  • Pet Restriction

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Insurance Expense $3,800
  • Maintenance Expense $3,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,711

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1973
  • Age: 47
  • Style: One Story
  • Bedrooms: 15
  • Number Above Grade Bedrooms: 15
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: SMITH ADD LOT 11 & ALSO SMITH ADD LOT 10 & ALSO SMITH ADD LOT 14 COMB FORM COMB 184,188 W/186 19 PAY 20
  • Parcel Number ID: 50-22-90-104-186.000-016
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Landscaped, Patio Open
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 350
  • Monthly Gross Income: 4135
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 7182
  • Total Finished Sq Ft: 7182
  • Above Grade Finished Sq Ft: 7182
  • Price Per Sq Ft: 54.3
  • Basement Foundation: Crawl
  • Flooring: Part Carpet, Vinyl
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3800
  • Annual Maintenance Expense: 3000
  • Number Electric Meters: 9
  • Number Gas Meters: 9
  • Number Of W D Hookups: 6
  • Number Water Meters: 9

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: 198x160
  • Estimated Lot Sq Ft: 31799
  • Estimated Lot Size Acres: 0.73

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 4135
  • Number Of Dryers: 6
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Number Of Washers: 6
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 6
  • Num Of Units Rented: 9

Tax Info

  • Annual Property Tax: 3711

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $390,000 0.0% $54 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $390,000 -- $54 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Chamberlin

    COLLINS and CO REALTORS - PLYMOUTH

    Section Image
  • Michelle Langdon

    Buyer's Agent in 2020

    Michelle Langdon

    COLLINS and CO REALTORS - PLYMOUTH

    (574) 936-6842

    86 Total Sales

    Michelle Langdon
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202011141

Indiana Regional MLS

Indiana Marshall County Argos 46501

305 N First St, Argos, IN

Homes for Sale in Argos, IN

This home is located at 305 N First St, Argos, IN 46501 since 24 March 2020. This property was built in 1973. 305 N First St is a home located in Marshall County with nearby schools including Argos Community Elementary School and Argos Community Junior-Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.