Colonial Heights Justus Property Mgt
450 W Marshall St, Argos, IN 46501
Family · 12 1BR, 8 2BR
Managed by Justus Property Management
- Units
- 20
- Rental assistance
- 17
- Vacant
- 2
- Accessible
- 1
- Opened
- 1982
Indiana
6 properties in Marshall County have USDA Section 515 or 514 financing: 198 apartments across 4 towns. 165 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
450 W Marshall St, Argos, IN 46501
Family · 12 1BR, 8 2BR
Managed by Justus Property Management
601 S Bourbon St, Bourbon, IN 46504
Family · 14 1BR, 8 2BR, 2 3BR
Managed by Landmark Management
660 Forest Pl, Culver, IN 46511
Elderly · 24 1BR
Managed by Biggs Property Management
1420 West Madison St, Plymouth, IN 46563
Family · 4 1BR, 4 2BR, 8 3BR
Managed by Tm Associates Management, INC
501 Pennsylvania Ave, Plymouth, IN 46563
Elderly · 36 1BR, 20 2BR
Managed by Bradley Residential Management
400 W. Washington, Plymouth, IN 46563
Elderly · 38 1BR
Managed by Bradley Residential Management
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
Ownership: 3 nonprofit, 3 limited-profit. 1 also has housing tax credits. 3 serve elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).