Property Description
Endless Possibilities Await on This 13.8-Acre, 2 Parcel Dream Property! This truly one-of-a-kind, multi-use estate tucked into a peaceful rural setting within the Wapahani School District combines country living with incredible income-producing potential—perfect for homeowners, entrepreneurs, or equestrian enthusiasts. The main home offers over 2,600 sq ft with 3 bedrooms, 2 baths, and a spacious and thoughtfully designed layout ideal for both daily living and entertaining. The primary suite with en-suite bath is located on the main level for added comfort and convenience. You'll love the expansive kitchen and breakfast nook, where all appliances are included, and the cozy gas log fireplace in the living room. Under the carpeting in the living room, dining room, and upstairs bedrooms you'll find original hardwood floors, just waiting to be revealed and restored. A bright sunroom, 2-car attached garage, and a 957 sq ft unfinished basement provide even more functional space. Plus, the home is connected to a Generac generator system for peace of mind. The 2-bedroom guest house offers a fantastic opportunity for extended family, guest accommodations, or rental income. It includes its own 2-car detached garage and is connected to city water and sewer. For pet care professionals, this property is a dream come true. The on-site dog kennel and grooming facility is fully equipped with 30 indoor/outdoor runs, a grooming station, office space, and everything needed to launch a thriving business. Horse lovers will fall in love with the expansive 24-stall horse barn, featuring a huge indoor riding arena, plus a lounge area, office space, and restroom. The multiple acres of fully fenced pasture offers plenty of space for boarding, training, or private equestrian use. With a total of 13.8 acres across two parcels, there is room to grow, explore, and create a lifestyle tailored to your dreams. PLEASE NOTE: Will only qualify for RURAL 1ST CONVENTIONAL LOAN PROGRAM or CASH PURCHASE. Whether you're seeking a personal retreat, animal-friendly business, or an income producing property—this rural gem has it all.
Directions
East on Highway 32 towards Selma to County Road 550 E and Turn South
Amenities
1st Bdrm En Suite, Alarm System-Security, Attic Storage, Cable Available, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Jet/Garden Tub, Generator Built-In, Generator-Whole House, Kennel, Landscaped, Porch Covered, Porch Enclosed, Six Panel Doors, Storm Doors, Stand Up Shower, Main Level Bedroom Suite, Sump Pump, Washer Hook-Up
Sale Includes
Dishwasher, Microwave, Refrigerator, Washer, Built-In Gas Grill, Dryer-Electric, Kitchen Exhaust Hood, Range-Electric, Water Heater Gas, Water Softener-Owned
Map to 411 & 415 S County Road 550 E, Selma, IN 47383
Property
MLS # |
202512089 |
Date Listed |
2025-04-09 |
Status |
Active |
Property Type |
Residential |
Property SubType |
Site-Built Home |
Finished Square Feet |
2655 sqft |
Total Square Feet |
3816 sqft |
New Construction |
No |
Style |
Two Story |
Type |
Site-Built Home |
Basement |
Yes |
Bedrooms |
3 |
Bathrooms |
2
|
Annual Taxes |
$4,325.90 |
Year Taxes Payable |
2025 |
Year Built |
1945 |
Virtual Tour |
propertypanorama.com »
|
Days on Market |
3 |
Additional
Cooling |
Central Air |
Heating |
Gas, Forced Air |
Garage |
Attached |
Hardwood Floors |
1 |
Outbuilding |
Barn, Outbuilding |
Room Dimensions
Living Room |
22 × 13 |
Main Level |
Dining Room |
12 × 13 |
Main Level |
Kitchen |
19 × 14 |
Main Level |
Breakfast Area |
14 × 14 |
Main Level |
Master Bedroom |
18 × 17 |
Main Level |
2nd Bedroom |
15 × 18 |
Upper Level |
3rd Bedroom |
11 × 18 |
Upper Level |
Bathroom Locations
External Features
Construction |
Site-Built Home |
Exterior |
Vinyl |
Lot Size |
601,128 sq ft |
Acreage |
13.80 Acres
|
Lot Dimensions |
0x0 |
Parking |
Yes |
Out Buildings |
Barn |
Sewer |
Regional |
Water |
Well |
Fence |
Farm,Wood |
Location
Area |
Delaware County |
Location |
Rural |
County |
Delaware |
Subdivision |
None |
Township |
Liberty |
City |
Selma |
State |
IN |
Zip |
47383 |
Schools
School District |
Liberty-Perry Community S.D. |
Elementary |
Selma |
Middle School |
Selma |
High School |
Wapahani |
Financial
Financing Terms |
Cash, Other |
Assoc. Dues |
$0.00 Not Applicable |
Assoc. Restrictions |
No |
MLS# 202512089
Listing Provided Courtesy of Cortney Felton
NextHome Elite Real Estate
Cell: 765-748-6334
Listing updated April 11, 2025 at 11:00 am
Last checked 9 minutes ago
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
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