Steve Weldy

402 N Michigan Street

Argos, IN
$ 109,900 Beds 5 Baths 2 Sq 2,756 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 109,900
  • City
  • Argos
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • MARSHALL
  • Half Bathrooms
  • 0
  • Area
  • Walnut
  • Lot Size
  • 0.88 Acres
  • Zip
  • 46501
  • Sqr Footage
  • 2,756
  • Year Built
  • 1898
  • Taxes
  • $ 1288
  • Style
  • Victorian
  • MLS#
  • 202629701
Listed By: Justin Capps with Ferris Property Group;
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer City
Heating Radiator
Cooling Window
Laundry Y/N Upper
Fireplaces No
Amenities Ceiling-9+,Crown Molding,Dryer Hook Up Electric,Pocket Doors,Main Level Bedroom Suite,Washer Hook-Up
Status Active
Full Baths 2
Bathrooms 2
Year Built 1898
New Construction No
Subdivision None
Style Two Story
Township Walnut
Class RESIDENTIAL
Type Site-Built Home
Age 128
FIPS Code 18099
Inside City Limits Yes
Associated Document Count 2
REO No
Status Active
Auction Y/N No
Common Amenities Sidewalks
Annual Taxes 1288
Area Marshall County
Location City/Town/Suburb
High School Argos Jr/Sr
City Argos
School District Argos Community
Assoc. Dues Frequency Not Applicable
Architectural Style Victorian
Total Sq Ft 4134
Elementary School Argos
Middle School Argos Jr/Sr
Legal Description SMITH ADD LOT 8 & SMITH ADD LOT 5COMB FORM COMB 026,SMITH ADD LOT 6,SMITH ADD LOT 7
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202629701
Agent First Name Justin
Agent Last Name Capps
DOM 48
Tax Year 2025
PROPOSED FINANCING Cash

Interior Features

Basement Full Basement,Michigan Basement,Unfinished
Flooring Hardwood Floors,Carpet
Beds 5
Total Rooms 11
Fireplace None
Full Baths Main 1
Full Baths Upper 1
Total Finished SqFt 2756
Basement Y/N Yes
Above Grade Bedrooms 5
1st Bedroom Level Main
1st Bedroom Width 15
2nd Bedroom Length 18
2nd Bedroom Level Upper
2nd Bedroom Width 15
3rd Bedroom Length 12
3rd Bedroom Level Upper
3rd Bedroom Width 9
4th Bedroom Length 14
4th Bedroom Level Upper
4th Bedroom Width 12
5th Bedroom Length 14
5th Bedroom Level Upper
5th Bedroom Width 12
Above Grade Finished SqFt 2756
Below Grade Unfin. SqFt 1378
Basement Material Stone

Exterior Features

Exterior Vinyl,Wood
Driveway Concrete
Pool No
Lot Size Area 38333
Lot Dimensions 320x120
Lot Description Corner
Fence None
Water Features None
Approx. Lot Size Acres 0.88
ROOF MATERIAL Rubber,Shingle
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Argos Elementary School
Middle School Argos Jr/Sr Middle School
High School Argos Jr/Sr High School

Price History

7/23/2026 Listed $128,000
8/12/2026 7% - $119,900
8/20/2026 9% - $109,900

Property vs Zip Code Average in 46501

Price
AVG $340K
$110K
Taxes
AVG $2,080
$1,288
Year Built
AVG 1947
1898
Visits
AVG 40
21
Data Provided by Inside Real Estate®

Areas That We Cover

402 N Michigan Street Argos, IN is a Single Family Home for sale at $109900 with 2756 sqft and a lot size of 0.88 Acres Acre(s). 402 N Michigan Street Argos has 5 bedrooms, 2 baths and was built in 1898. The property's zip code is 46501 which is in Argos, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Steve Weldy

Steve Weldy

574-286-3210

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