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$269,900

1716 S County Road 550 E Selma, IN  47383

  • 3 Beds
  • 2 Baths
  • 1,960 sq. Ft

Property Description for 1716 S County Road 550 E Selma, IN 47383

If you're looking for a beautiful, tree-lined, 1-acre property in a peaceful rural setting and a home that you can update with your own touches, this might be the perfect place for you! As you enter the winding, paved driveway, you'll find a 2-car garage attached to this 3-bedroom, 2-bathroom home. Inside, the cozy living room features a wood-burning fireplace, while the spacious family room has a charming brick mantle and a free-standing gas log fireplace, and vaulted ceilings. The home also offers a well-sized kitchen furnished with stainless steel appliances that are included in the sale and a dining area that overlooks the private backyard. Recent updates provide peace of mind, with a new roof installed in June 2024, a gas water heater replaced in February 2024, and a well pump replaced in October 2024. The septic system's finger system was replaced approximately 6-7 years ago, and the gas furnace and central air unit were updated in 2016. Nestled on the outskirts of Selma in the Wapahani School District, this home offers the best of both worlds: serene rural living just minutes from the Muncie Bypass, providing easy access to town amenities.

Address:1716 S County Road 550 E Selma IN 47383
Status:Active
on site: 10 days
Price:$269,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,960
Year Built:1968
Lot Size:1.00
County: Delaware County
Township: Liberty
School System : Liberty-Perry Community
MLS #:202439671
Property Type:Site-Built Home

Lot Description:0-2.9999
Directions:Highway 32 East towards Selma, turn South on 550 E follow to the last house on the left (east) side of the road
Total Sq. Ft. :1,960
Garage:Attached
Basement:No

Loan Price
$1,560
Price And Interest $1,408/month
Property Tax $40/month
MTG INS $0/month
HOME INS $112/month
Price
$269,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$40/month
Home Owner Insurance
$1,344 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 18 x 10 Upper
2nd Bedroom 13 x 12 Upper
3rd Bedroom 13 x 12 Upper
Kitchen 11 x 11 Main
Family Room 20 x 18 Main
Dining Room 12 x 11 Main
Living Room 26 x 14 Main

Semi-Annual Property Tax:$238
Tax Year:2024
Mandatory HOA Fee:$

City:Selma
Subdivision: None
Zip Code:47383

High School:Wapahani
Middle School:Selma
Elementary School:Selma

Total Sq. Ft.:1,960
Appliances:Dishwasher, Microwave, Refrigerator, Cooktop-Electric, Range-Electric
Exterior Features:Vinyl
Fuel:Gas, Forced Air
Fireplace(s):Family Rm, Living/Great Rm, Gas Log, Wood Burning, Free Standing
Cool:Central Air
Heat:Gas, Forced Air
Total Rooms:8
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Cortney Felton with NextHome Elite Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Selma Market Report

118
Avg. DOM
$155.34
Avg. $ / Sq.Ft.
$ 284,450
Med. List Price

The house prices in Selma are indeed dropping at the moment. There has been a decrease in price of $215,370.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Selma are going Down. The average house price is $300,000.00 and the average price per square feet is $150.53 per square feet. At the moment, the amount of homes listed is exactly 40 houses, with 9 with active status, 4 with pending status and 27 sold in Selma .

The most popular place to buy a home in Selma is 1809 - Delaware - Liberty. 1809 - Delaware - Liberty is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Selma .

The average amount of property taxes you would have to pay for a home in Selma is $2,222.11. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Selma are staying listed for an average of 82 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Selma was 8834 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Selma is $645,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Selma is $115,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Selma in year 1904 and the newest built house is in year 2010.

The average size of properties in Selma is 2226.89 sq.ft. , the biggest one being 5442 sq.ft. and the smaller being 1126 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.