Tillable Farmland
For Sale
$229,000
11990 E County Road 400 S, Selma, IN 47383
LAND - Selma, IN
Property SizeContact for details
Lot Size15.00 Acres
Days on Market55
Property Features for 11990 E County Road 400 S
General Information
Property type
Land
Property subtype
Other
Lot features
Irregular, Level, Tillable
Elementary school
Selma
Middle school
Selma
High school
Wapahani
Elementary school district
Liberty-Perry Community S.D.
Middle school district
Liberty-Perry Community S.D.
High school district
Liberty-Perry Community S.D.
Directions
32 East towards Selma turn south on CR 700 to CR 400 South go east to land
Subdivision
Delaware County
Standard status
Active
APN
18-12-35-300-010.000-020
Lot size
15.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PT S SD SW QTR 17 3.200 ACRES STR: 352011 IN: OUT
Tax Annual Amount
1704
Legal Description
PT S SD SW QTR 17 3.200 ACRES STR: 352011 IN: OUT
Listing Agency:
F.C. Tucker Muncie, REALTORS · Tucker Associates
(765) 289-2400
Listed By:
Tammy Parker · License #RB14044416
(765) 215-5523
Added: Jun 30
Changed: Aug 10
Last Checked: Aug 23 at 9:06AM
MLS# 202625952
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property consists of approximately 15± acres of tillable farm ground. The current land use is agricultural, and the tract is currently cash rented. The listing also notes the possibility of adding a house and barns, along with an additional 2.32± acres, depending on the buyer’s needs.
The land is located in Selma, Indiana, in Delaware County, with an address provided on E County Road 400 S.
This offering can fit buyers looking for farmland with existing rental income in place, as well as buyers interested in expanding the overall package to include additional acreage and potential residential or farm improvements as described in the remarks. Due diligence will be important to confirm the specifics of any included structures and the exact boundaries of the additional 2.32± acres referenced by the seller.
The land is located in Selma, Indiana, in Delaware County, with an address provided on E County Road 400 S.
This offering can fit buyers looking for farmland with existing rental income in place, as well as buyers interested in expanding the overall package to include additional acreage and potential residential or farm improvements as described in the remarks. Due diligence will be important to confirm the specifics of any included structures and the exact boundaries of the additional 2.32± acres referenced by the seller.
Key Highlights
- Approx 15+/- tillable farm ground
- Currently cash rented
- Can be purchased with the house/barns and additional 2.32+/- acres
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 47383, IN
2,724
Population
1,039
Households
2.6
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
31.9 sq mi
ZIP Area
85
Density / Sq Mi
$59,700
Median Household Income
$38,618
Median Earnings
$928
Median Rent
$128,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Approximately 15 acres of tillable farm ground currently cash rented, with additional acreage options.
Where is this agricultural land / farmland located?
The property is located at 11990 E County Road 400 S Selma, IN.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Approx 15+/- tillable farm ground; Currently cash rented; Can be purchased with the house/barns and additional 2.32+/- acres
