210 N Maple St · Argos, IN 46501

$69,900

4 bd · 1.5 ba · 2,464 sqft · SingleFamily public records · 1 Days on market

Built 1900 0.26 ac lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special in the heart of Argos! This spacious 5-bedroom, 2-bath home offers just under 2,500 square feet and has been completely gutted to the studs--providing a blank canvas ready for your vision. Major updates already completed include a new roof and new windows. Featuring beautiful original architecture and endless potential, this property is perfect for investors, flippers, or ambitious DIY enthusiasts looking to customize every detail. Large pole barn/garage in the rear offers ample storage, workshop space, or additional possibilities. Bring your tool bags and imagination--this is your chance to transform this diamond in the rough into something truly special.

Key facts

• Large pole barn
• New roof
• New windows

Tags

• NEW ROOF
• NEW WINDOWS
• ORIGINAL ARCHITECTURE
• LARGE POLE BARN

Property features AI

Finance

• Other: Property type listed as Residential

Exterior

• Parking: Detached garage; Approximately 2.5 garage spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Site-built home; Two-story
• Construction: Vinyl siding
• Exterior features: Level lot

Interior

• Bathrooms: Two full bathrooms; One bathroom on the main level
• Heating & cooling: No heating specified; No cooling specified
• Interior features: Basement present; 8 total rooms
• Laundry & utility: Laundry on the main level

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $383 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).

Location & tenants

• Location reads 73/100 on livability (#83 in IN, #4,996 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Argos Community Schools (rural): math 35% / reading 46% proficiency, ranked #136 of 301 in IN (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Argos Community Elementary (math 42% / reading 42%, grade F, #434 of 994 statewide, top 48%, 358 students, 60% FRL); Argos Comm Jr-Sr High School (math 30% / reading 48%, grade F, #235 of 369 statewide, top 65%, 331 students, 50% FRL) — zoned schools average 55% FRL vs 36% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 18 active listings in the ZIP; 147 units permitted in Marshall County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Marshall County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 4.1% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,900

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.84% ✓
• Cap rate: 12.87%
• Cash-on-cash: 23.50%
• DSCR: 2.05
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $211,904
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 E Logan St	0.39mi	4/1.0	2,528 (+3%)	6mo	$120,000	$47	70
220 N Michigan St	0.10mi	3/2.0 (-1)	2,601 (+6%)	11mo	$195,000	$75	70
323 Indiana Ave	0.31mi	3/2.5 (-1)	2,466 (+0%)	11mo	$250,000	$101	67
112 N Maple St	0.06mi	3/1.5 (-1)	2,594 (+5%)	23mo	$153,000	$59	64
206 W Williams St	0.24mi	4/2.0	2,096 (-15%)	2mo	$229,000	$109	60
335 W Walnut St	0.39mi	3/1.5 (-1)	2,268 (-8%)	7mo	$195,000	$86	57
385 E Marshall St	0.38mi	3/2.0 (-1)	2,221 (-10%)	3mo	$153,000	$69	56
402 E Albert St	0.28mi	5/3.0 (+1)	2,584 (+5%)	14mo	$235,000	$91	56
150 Woodland Trl	0.59mi	4/2.5	2,684 (+9%)	12mo	$385,000	$143	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.7%
• Equity multiple: 1.67×
• Total profit: $13,199
• Equity at exit: $10,422

10-year hold

• IRR: 25.3%
• Equity multiple: 3.22×
• Total profit: $43,388
• Equity at exit: $6,044

Cash invested: $19,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46501

• Home prices YoY: -10.3%
• Active inventory: 18
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,289 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$239 /mo · $2,871/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $383

Break-even live

Break-even rent $804

Max offer price $69,900

Occupancy floor 65%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-05-16
   status Pending 691-char remark

   Show marketing remark (681 chars)

   Investor special in the heart of Argos! This spacious 5-bedroom, 2-bath home offers just under 2,500 square feet and has been completely gutted to the studs--providing a blank canvas ready for your vision. Major updates already completed include a new roof and new windows. Featuring beautiful original architecture and endless potential, this property is perfect for investors, flippers, or ambitious DIY enthusiasts looking to customize every detail. Large pole barn/garage in the rear offers ample storage, workshop space, or additional possibilities. Bring your tool bags and imagination--this is your chance to transform this diamond in the rough into something truly special.

2. 2026-05-16
   status Pending 681-char remark

   Show marketing remark (681 chars)

   Investor special in the heart of Argos! This spacious 5-bedroom, 2-bath home offers just under 2,500 square feet and has been completely gutted to the studs--providing a blank canvas ready for your vision. Major updates already completed include a new roof and new windows. Featuring beautiful original architecture and endless potential, this property is perfect for investors, flippers, or ambitious DIY enthusiasts looking to customize every detail. Large pole barn/garage in the rear offers ample storage, workshop space, or additional possibilities. Bring your tool bags and imagination--this is your chance to transform this diamond in the rough into something truly special.

3. 2026-05-11
   listed $69,900 Active 691-char remark

   Show marketing remark (681 chars)

   Investor special in the heart of Argos! This spacious 5-bedroom, 2-bath home offers just under 2,500 square feet and has been completely gutted to the studs--providing a blank canvas ready for your vision. Major updates already completed include a new roof and new windows. Featuring beautiful original architecture and endless potential, this property is perfect for investors, flippers, or ambitious DIY enthusiasts looking to customize every detail. Large pole barn/garage in the rear offers ample storage, workshop space, or additional possibilities. Bring your tool bags and imagination--this is your chance to transform this diamond in the rough into something truly special.

4. 2026-05-11
   listed $69,900 Active 681-char remark

   Show marketing remark (681 chars)

   Investor special in the heart of Argos! This spacious 5-bedroom, 2-bath home offers just under 2,500 square feet and has been completely gutted to the studs--providing a blank canvas ready for your vision. Major updates already completed include a new roof and new windows. Featuring beautiful original architecture and endless potential, this property is perfect for investors, flippers, or ambitious DIY enthusiasts looking to customize every detail. Large pole barn/garage in the rear offers ample storage, workshop space, or additional possibilities. Bring your tool bags and imagination--this is your chance to transform this diamond in the rough into something truly special.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $2,871 · $239/mo
• Projected year-2 tax: $2,871 · $239/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,467
• − Mortgage interest: −$3,915
• − Property taxes: −$2,871
• − Insurance: −$350
• − Repairs & maintenance: −$1,237
• − Management: −$1,237
• − Depreciation: −$2,033
• Taxable income: $3,823
• Est. tax owed @ 24.0%: −$917
• After-tax cash flow: $3,682/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Argos Community Schools
• NCES district ID: 1800180
• Math proficiency: 35% ▼ -19.00%
• Reading proficiency: 46% ▼ -15.00%
• Median HH income: $48,890
• Composite: 34.76/100
• National rank: #5126
• State rank: #136 of 301 in IN

Livability — Argos

• Score: 73/100
• State rank: #83
• US rank: #4996

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Argos, IN
• Population (ZIP): 3,915

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 46,402 people
• By 2030: 45,775 · -1.4%
• By 2040: 44,220 · -4.7%
• By 2050: 42,329 · -8.8%
• By 2075: 38,235 · -17.6%
• By 2100: 33,285 · -28.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 2%
• Foreign-born: 0%
• Languages at home: 96% English-only · German/W. Germanic 4%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+43.4) · D 27.4% · R 70.8% · Other 1.8%
• 2008→2024 swing: -29.8pp toward R · 2008: -13.6pp · 2024: -43.4pp
• All cycles: 2024: R+43.4 2020: R+40.8 2016: R+41.6 2012: R+28.9 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.97%
• Current HPI: 286.4724
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

+0.0% since first listed

4 events — show timeline

• 2026-05-16 Pending — IRMLS
• 2026-05-16 Pending — NIRA MLS as Distributed by MLS Grid
• 2026-05-11 Listed $69,900 NIRA MLS as Distributed by MLS Grid
• 2026-05-11 Listed $69,900 IRMLS

Property tax history

+13.1%/yr

Latest (2025): $2,871 · +87.0% YoY. Source: county tax records.