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    • Price cut: $8.1K (8/12)
    $119,900

    402 N Michigan St, Argos, IN 46501

    5beds
    2,756sqft
    : 
    $807/mo
    Get pre-qualified
    Single Family Residence
    Built in 1898
    0.88 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Old woodworkLarge turn-of-the-century homeFieldstone foundationMany original details remain
    Cash-only opportunity with size, character, and rare land potential. Built in 1898, this large turn-of-the-century home sits on 0.88 acres spread across four separate lots and is located close to the schools. The home needs some exterior work to become financeable and could also benefit from interior updates, making it a strong fit for an investor, contractor, or buyer ready to take on a rehab project. Inside, many original details remain, including old woodwork, doors, windows, and floors that give the home the kind of character that is hard to recreate. The property also features a fieldstone foundation, adding to the age and character of the home. The real standout is the land: 0.88 acres across four lots, creating options for yard space, future planning, or possible redevelopment depending on local approvals. This property will not qualify for traditional financing in its current condition. Cash offers only. A rare chance to restore a large 1898 home with original character, close-to-school convenience, and nearly an acre of land across multiple lots.
    23 days
    |
    2,119
    |
    159
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Capps 317-204-8324,

    Ferris Property Group

    Source: IRMLS,MLS#: 202629701MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 1
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Upper
      Heating
      • Radiant
      Cooling
      • Window Unit(s)
      Appliances
      • Included: None
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Ceiling-9+, Crown Molding, Main Level Bedroom Suite
      • Flooring: Hardwood, Carpet
      • Doors: Pocket Doors
      • Basement: Full,Michigan Basement,Unfinished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,134
      • Total interior livable area: 2,756 sqft
      • Finished area above ground: 2,756
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Concrete
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: None
      Lot
      • Size: 0.88 Acres
      • Dimensions: 320x120
      • Features: Corner Lot, City/Town/Suburb
      Details
      • Parcel number: 502290104026.000016

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Wood Siding
      • Foundation: Stone
      • Roof: Rubber,Shingle
      Condition
      • New construction: No
      • Year built: 1898

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: None
      Location
      • Region: Argos

      Financial & listing details

      • Tax assessed value: $135,100
      • Annual tax amount: $1,288
      • Date on market: 7/23/2026
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,122/mo

        Price history

        DateEventPrice
        8/12/2026Price change$119,900-6.3%
        Source: IRMLS #202629701 Report a problem
        7/23/2026Listed for sale$128,000
        Source: IRMLS #202629701 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,234 +3.7%$135,100 +9.5%
        2024$1,190 -16.3%$123,400 +3.7%
        2023$1,421 +30.2%$119,000 -16.3%
        2022$1,091 +12.8%$142,100 +30.2%
        2021$967 +3.3%$109,100 +12.8%
        2020$936 -2.2%$96,700 +3.3%
        2019$957 -0.1%$93,600 -2.2%
        2018$958 $95,700 +0.1%
        2017$958 -0.5%$95,600
        2016$963 -3.1%$95,600 -3.6%
        2014$994 +59.1%$99,200 +26.5%
        2013$625 -5.3%$78,400 -5.2%
        2012$660 -11.2%$82,700 -6.8%
        2011$744 -43.4%$88,700 -31.8%
        2010$1,313 0%$130,000
        2009$1,314 -25.2%$130,000 +2.6%
        2006$1,757 $126,700 +7.6%
        2005-- $117,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 46501

        Getting around

        40 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Argos
        • Middle: Argos Jr/Sr
        • High: Argos Jr/Sr
        • District: Argos Community

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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