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    Property profile & analytics

    Selma, IN 47383

    • Retail space
    • 1,140 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2545531
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details

    Year built
    1969
    Construction
    WOOD
    Lot size
    1.23 lot acres
    Property size
    1,140 SF
    Property type
    Retail space
    APN
    18-12-33-400-002.000-020
    APU
    181233400002000020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Delaware
    State
    Indiana
    Longitude
    -85.2786
    Latitude
    40.136
    CBSA code
    34620
    CBSA name
    MUNCIE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,093 SF

      3900 Whitney Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,093 SF
      3900 Whitney Rd, Selma, IN 47383-9727
      View Details
    • Value Estimation by Request
      2,300 SF

      316 Albany St

      RETAIL STORES (PERSONAL SERVICES) • 2,300 SF
      316 Albany St, Selma, IN 47383
      View Details
    • Value Estimation by Request
      12,000 SF

      6400 County Rd 560th E

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      6400 County Rd 560th E, Selma, IN 47383-9205
      View Details
    • Value Estimation by Request
      806 SF

      305 Albany St

      RETAIL STORES (PERSONAL SERVICES) • 806 SF
      305 Albany St, Selma, IN 47383
      View Details
    • Value Estimation
      $340,000
      3,916 SF

      9615 Jackson St

      RETAIL STORES (PERSONAL SERVICES) • 3,916 SF
      9615 Jackson St, Selma, IN 47383-9539
      View Details
    • Value Estimation by Request
      798 SF

      306 Albany St

      RETAIL STORES (PERSONAL SERVICES) • 798 SF
      306 Albany St, Selma, IN 47383
      View Details

    Similar Nearby for Sale

    • $149,900
      0.18 Acres

      Downtown Selma Retail Opportunity

      Turn-key salon or convert to suit your business needs.
      305 S Albany St, Selma, IN 47383
      View Details
    • $189,900
      696 SF

      Selma Duplex Investment Opportunity

      Investment package featuring a house and duplex in Selma, Indiana.
      314 S Un St, Selma, IN 47383
      View Details
    • $375,000
      7.56 Acres

      Unique Selma Property with Cabin

      7+ acre property with historic cabin and venue potential.
      3011 S Whitney Rd, Selma, IN 47383
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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