Specialty

Selma, IN Specialty Properties for Sale

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Historic Wedding Venue with Pond
Updated: Apr 18
Historic Wedding Venue with Pond

3011 S Whitney Road, Selma, IN 47383

$340,000
7.56 AC lot
7.56‑acre wedding and event venue property in Selma, Indiana
Remodeled historic cabin built in 1841
Private 3/4‑acre pond with fountains
Newer restroom building with separate men's and women's facilities
Pergola, brick gathering areas, lounge, patio, and distributed electrical service
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Turnkey Wedding Event Venue Estate
Updated: Jul 12
Turnkey Wedding Event Venue Estate

3011 S Whitney Road, Selma, IN 47383

$340,000
2,200 sqft 7.50 AC lot
7.56‑acre property operating as a wedding and event venue, with a historic 1841 cabin remodeled while preserving its charm and character
Private 3/4‑acre pond with fountains, plus wood exterior, gravel driveway/ingress, and security gate and security lights
Purpose‑built restroom building with separate men’s and women’s facilities, mini split HVAC, and lounge/patio areas for guests
Utilities in place: electric and water with a new well system; city fire protection reported; no septic
Includes venue assets: furniture, fixtures, equipment, and other venue items included with the sale
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Selma, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Church with Basement
Historic Church with Basement

148 E Howard St, Parker City, IN 47368

$49,900
1,600 sqft

Church property featuring a sanctuary, full-sized basement, and historic construction dating to 1880.

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NNN Retail Property
NNN Retail Property

2001 S Madison Street, Muncie, IN 47302

$550,000
0.68 AC lot

Maintained retail building with central air, on-site parking, and a recent five-year lease extension.

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Specialty Property
Specialty Property

2519 S Madison St, Muncie, IN 47302

Contact for pricing
1,586 sqft

For sale specialty property with 1,586 SF and a stated 0.00% cap rate.

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Historic Church with Basement
Historic Church with Basement

148 E Howard Street, Parker City, IN 47368

$49,900
0.05 AC lot

Commercial-zoned church property with a full basement beneath the sanctuary.

View details

Selma, IN Specialty Properties Market Trends and Statistics

Explore 2 specialty properties for sale in Selma, IN on our real estate platform. These investment opportunities span a total of 2,200 square feet of properties for sale, with an estimated market value of $680,000.

Sale prices for properties in Selma, IN average $340,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Wedding venues 3

Demographics Overview

Population 2,564
Population Growth (5Y) -17.2%
Median Household Income $59,700
College Educated 30.7%

High-Yield Neighborhoods for Investment

Identify Selma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47383 $340K

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $42.07 per SF
Tax Rate vs County Average 1.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

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