An investigation of the plasma jet generated by a dc argon - nitrogen plasma torch, operated in association with a controlled-pressure chamber, is presented. The purpose of this article is to describe a study of the properties of a subsonic plasma jet under such operating conditions, when its transition to supersonic flow regime is nearly complete. The goal is that of performing plasma diagnostics not only in the initial region of the jet but also in the downstream region where the plasma emission is weak. For this purpose two different diagnostic methods are used. The first approach is based on non-intrusive optical emission spectroscopy, which yields both excitation and rotational temperatures as well as electron number density fields. The zone investigated by this method extends from the torch exit to about 10 nozzle diameters downstream. The second approach consisted of the use of the intrusive enthalpy probe technique for the measurement of the plasma gas temperature, mainly in the tail region of the plasma jet. In the present work, the effects of axial and radial distances across the jet, on the temperature and electron density profiles are discussed for subsonic flow conditions. Interesting features revealed are the data shown for the various diagnostic methods, which either disagree or overlap with each other. Finally, our results show the need for involving nonequilibrium models for the argon - nitrogen plasma due to the presence of significant differences between the temperatures of light and heavy particles.