411 & 415 S County Road 550 E Selma, IN 47383

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Site-Built Home • 80Y Old

$510,000

411 & 415 S County Road 550 E

3 Bedrooms 1 on Main Level
2 Bathrooms
2655 sqft
13.80 Acres
2 Car Garage Attached 20 × 21 (420 sqft)
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
Full Baths 2 Main
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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