Specialty

Selma, IN Specialty Properties for Sale

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Turnkey Wedding Event Venue Property
Updated: Apr 18
Turnkey Wedding Event Venue Property

3011 S Whitney Road, Selma, IN 47383

$340,000
7.56 AC lot
7.5‑acre property with a private 3/4‑acre pond with fountains
Historic cabin built in 1841, remodeled while preserving its charm
Operating wedding and event venue with venue assets included in the sale (furniture, fixtures, equipment)
Utilities in place: electric and water, plus a new well system; no septic
Newer purpose‑built restroom building with separate men’s and women’s facilities
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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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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Selma, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Signalized Intersection NNN Opportunity
Signalized Intersection NNN Opportunity

2512 S Scatterfield Rd, Anderson, IN 46016

$4,174,000
5,919 sqft

New 20-year NNN ground lease at signalized intersection.

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Retail Property on Scatterfield Road
Retail Property on Scatterfield Road

6818 S Scatterfield Rd, Anderson, IN 46013

$3,497,000

Retail property with limited landlord responsibilities in Anderson, Indiana.

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Industrial Specialty Property
Industrial Specialty Property

709 W 9th St, Muncie, IN 47302

Contact for pricing
17,600 sqft

Industrial specialty property offering 17,600 SF for sale.

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Specialty Land Parcel
Specialty Land Parcel

3100 E McGalliard Road, Muncie, IN 47303

Contact for pricing
0.78 AC lot

Approximately 0.78-acre specialty land parcel available for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land with Garage
Commercial Development Land with Garage

4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

$200,000
1.80 AC lot

1.8-acre corner parcel in Muncie includes a garage and good frontage near a retail shopping center.

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3.53 Acres on Post Road
3.53 Acres on Post Road

4045 N Post Rd, Indianapolis, IN 46226

$265,200
3.53 AC lot

Land with religious and residential zoning in mixed-use area.

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Commercial Land with Major Road Frontage
Commercial Land with Major Road Frontage

5436 Brookville Road, Indianapolis, IN 46219

$925,000
1.58 AC lot

Zoned C-3 and C-7, the two-parcel site offers nearly 240 feet of road frontage and utilities available.

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Zoned B-2 Commercial Infill Lot
Zoned B-2 Commercial Infill Lot

Weston Pointe Drive, Carmel, IN 46032

$799,900
1.00 AC lot

Commercial lot zoned B-2 with shared parking agreement providing up to 90+ spaces.

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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 $340,000.

Sale prices for properties in Selma, IN start at $340,000, averaging $340,000, and reaching up to $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 2

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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