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.
Active
$510,000
411 & 415 S County Road 550 E, Selma, IN 47383
3beds
2,655sqft
Est.:
Single Family Residence
Built in 1945
13.8 Acres Lot
$480,700 Zestimate®
$--/sqft
$-- HOA
What's special
Unfinished basementGas log fireplaceBright sunroomBreakfast nookExpansive kitchenOriginal hardwood floors
- 17 days
- on Zillow |
- 1,802 |
- 86 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 08:48am
Listed by:
Cortney Felton Cell:765-748-6334,
NextHome Elite Real Estate
Source: IRMLS,MLS#: 202512089

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Kitchen
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Living room
- Level: Main
- Area: 286
- Dimensions: 22 x 13
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer, Built-In Gas Grill, Dryer-Electric, Exhaust Fan, Electric Range, Gas Water Heater, Water Softener Owned
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- 1st Bdrm En Suite, Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Stand Up Shower, Main Level Bedroom Suite
- Flooring: Hardwood, Carpet, Vinyl
- Doors: Six Panel Doors, Storm Door(s)
- Basement: Crawl Space,Partial,Concrete,Sump Pump
- Attic: Storage
- Number of fireplaces: 1
- Fireplace features: Living Room, Gas Log
Interior area
- Total structure area: 5,520
- Total interior livable area: 2,655 sqft
- Finished area above ground: 2,655
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Asphalt, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered, Enclosed
- Exterior features: Kennel
- Has spa: Yes
- Spa features: Jet/Garden Tub
- Fencing: Farm,Wood
Lot
- Size: 13.8 Acres
- Features: 10-14.999, Rural, Landscaped
Details
- Additional structures: Outbuilding, Barn
- Additional parcels included: 1812-16-127-002.000-010
- Parcel number: 181216127001.000010
- Other equipment: Generator Built-In, Generator-Whole House
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Gas: CenterPoint Energy
- Sewer: Regional
- Water: Well, Indiana American Water Co
- Utilities for property: Cable Available
Community & HOA
Community
- Features: None
- Security: Security System
- Subdivision: None
Location
- Region: Selma
Financial & listing details
- Annual tax amount: $4,325
- Date on market: 4/10/2025
- Listing terms: Cash,Other
- Road surface type: Asphalt
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