NOT LISTED FOR SALE

698 Marshall St Argos, IN 46501

32 Beds
32 Baths
5,520 Sq Ft
5.32 Acres

Last Sold December 04, 2019

Last sale price $114,900 $21 Per Sq Ft

39 Days on Market

Highlights

  • Concrete Flooring
  • Level Lot
  • 1-Story Property

About This Home

As of December 2019

Storage rental units. Total of 32 units. 5' x 11' = 4 units; 10' x 11' = 11 units; 10' x 22' = 17 units. 5.32 total acres. Room to expand and grow. WHAT AN OPPORTUNITY.

Last Listed By

John Little

MANITOU REALTY and AUCTION, INC. Listed on: 10/24/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 5.32 Acre Lot
  • Lot Dimensions are 355 x 648
  • Level Lot

Home Design

  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 5,520 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 32 Full Bathrooms

Parking

  • 32 Parking Spaces
  • Gravel Driveway
  • Unpaved Parking

Location

  • Suburban Location

Schools

  • Argos Elementary And Middle School
  • Argos High School

Listing and Financial Details

  • The owner pays for building insurance, snow removal, tax
  • Assessor Parcel Number 50-22-99-303-045.000-016

Community Details

Overview

  • 32 Units

Building Details

  • Electric Expense $576
  • Insurance Expense $200

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1986
  • Age: 33
  • Bedrooms: 32
  • Number Above Grade Bedrooms: 32
  • Total Bathrooms: 32
  • Total Full Bathrooms: 32
  • Legal Description: ACREAGE: 3.82 AUDITOR DESC: PRT S 1/2: NE COR S 90D W ALG S LN SW LEGAL DESC: and ACREAGE: 1.50 AUDITOR DESC: COM S LN MRL NE COR N 90D W 1441.1'RR EX
  • Parcel Number ID: 50-22-99-303-045.000-016
  • Platted: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 502299303044000016
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1700
  • Restrictions Yn: Yes
  • Year Taxes Payable: 18/19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5520
  • Total Finished Sq Ft: 5520
  • Above Grade Finished Sq Ft: 5520
  • Price Per Sq Ft: 20.82
  • Flooring: Concrete

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 32
  • Parking: Gravel, Unpaved

Utilities

  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Well Type: Unknown
  • Annual Electric: 576
  • Annual Insurance Expense: 200

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 355 x 648
  • Estimated Lot Sq Ft: 231739
  • Estimated Lot Size Acres: 5.32

Rental Info

  • Owner Pays: Building Insurance, Snow Removal, Tax

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Units: 32

Tax Info

  • Annual Property Tax: 3111

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Thacker Jon D
Bought by
R E Lee Corporation
Total Days on Market
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,478
Outstanding Balance
$606,207
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 24, 2019
Closed on
Dec 3, 2019
Sold by
Reed Tom L
Bought by
Thacker Jon D
Seller's Agent
John Little
MANITOU REALTY and AUCTION, INC.
Buyer's Agent
Yvonne Comeno
MASTERSON & ASSOC., INC.
List Price
$114,900
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,860
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 17, 2018
Sold by
Yzael Brian A
Bought by
Tlr Enterprises

Purchase Details

Closed on
Nov 6, 2007
Sold by
Yazel Brian A
Bought by
Reed Tom L and Tlr Enterprises Llc

Range of Values:

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Average Value
Not Available
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
R E Lee Corporation -- Metropolitan Title In Llc
Thacker Jon D -- None Available
Reed Tom L -- None Available
Tlr Enterprises -- None Available
Reed Tom L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R E Lee Corporation $675,478
Previous Owner Thacker Jon D $160,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $114,900 0.0% $21 / Sq Ft
10/24/2019 10/24/19 For Sale $114,900 -- $21 / 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 $2,774 $90,800 $50,700 $40,100
2022 $2,774 $94,800 $50,700 $44,100
2021 $2,894 $94,800 $52,700 $42,100
2020 $2,777 $90,900 $52,700 $38,200
2019 $2,625 $87,500 $50,700 $36,800
2018 $2,625 $87,500 $50,700 $36,800
2017 $3,270 $109,000 $50,700 $58,300
2016 $4,635 $154,500 $92,600 $61,900
2014 $4,731 $157,700 $85,000 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201946799

Indiana Regional MLS

APN: 50-22-99-303-045.000-016