Selma IN Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202613826
Type:
Retail
Lot size:
7.56 Acres
Year built:
1841
Courtesy:
View additional info

ADDITIONAL INFORMATION

Want to own your own Venue? Here is a rare opportunity to own a truly unique turnkey property set on 7.5 scenic acres with endless potential in beautiful Selma, Indiana. This remarkable estate features a private 3/4 acre pond with fountains, manicured grounds, and a historic cabin dating back to 1841 that has been beautifully remodeled while preserving its charm and character. Currently operating as a successful wedding and event venue, the property offers flexibility for a buyer to continue the business, create a private retreat, convert to a one-of-a-kind residence, or design a custom estate tailored to their vision. Much of the hard work has already been completed with utilities in place including electric, water, a new well system, and no septic. The grounds have been thoughtfully improved with a newer purpose-built restroom building featuring separate men’s and women’s facilities, mini split HVAC systems, lounge and patio areas, multiple brick gathering spaces, a stunning pergola, and electrical service positioned throughout the property for outdoor events and entertaining. The sale includes furniture, fixtures, equipment, and venue assets, creating immediate value and a true turnkey opportunity. Located in a highly desirable setting surrounded by upscale homes, neighboring golf amenities, and just minutes from Prairie Creek Reservoir, this property blends history, beauty, privacy, and income potential. Whether you envision running your own venue business, building a future homestead, or owning a peaceful private estate, opportunities like this are hard to find.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202545990
Type:
Mixed Use
Lot size:
0.18 Acres
Year built:
1985
Courtesy:
View additional info

ADDITIONAL INFORMATION

Prime business location now available in Downtown Selma. Currently furnished as a turn key Hair Salon with 3 stylist stations. With over 800 Square Feet, this building could easily be converted to house another type of business that would fit your needs. Sale of the property includes, but not limited to, 3 stylists chairs and mats, retail showcase, tanning bed, vending machines, and décor. Along with the large front room of 25'x16', used for the stylist stations and waiting area are 2 smaller rooms of 9'X6' each, (which could be made into one larger room), a bathroom and a kitchen/laundry area with refrigerator, microwave, washer & dryer included. The property offers on and off street parking.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS. All rights reserved.



Selma Real Estate

Selma is located in Indiana. Selma, Indiana has a population of 953. Selma is more family-centric than the surrounding county with 33.94% of the households containing married families with children. The county average for households married with children is 24.29%.

The median household income in Selma, Indiana is $52,321. The median household income for the surrounding county is $49,321 compared to the national median of $69,021. The median age of people living in Selma is 33.5 years.

Selma Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 39.9 inches per year, with 21.2 inches of snow per year.

Selma Map

Selma Real Estate Market Conditions

  • Median sales price

    $380,000
    15.1%
    change since last quarter
  • # Active listings

    12
    30-day change

Selma Schools and Demographics

Education near Selma, IN

City County
High School Graduates 88.8 90.47
College Degree - 2 year 7.41 10.01
College Degree - 4 year 10.71 25.44
Graduate Degree 0.66 7.94
Expenditures per Student 12,591 12,591
Students per Teacher 15.4 15.4

Elementary Schools near Selma, IN

Grades Students P/T Ratio ZIP
Cowan Elementary School KG - 06 405 16.2 47302
East Washington Academy KG - 05 403 16.8 47305
Grissom Elementary School KG - 05 479 17.7 47302
Inspire Academy - A School of Inquiry KG - 06 169 13.8 47302
Monroe Central Elementary School PK - 06 512 17.1 47368
Selma Elementary School KG - 05 520 19.3 47383
South View Elementary School KG - 05 469 19.5 47302
Sutton Elementary School KG - 05 373 20.7 47302

Middle Schools near Selma, IN

Grades Students P/T Ratio ZIP
Muncie Southside High School 09 - 12 923 13.7 47302
Selma Middle School 06 - 08 266 15.7 47383
Southside Middle School 06 - 08 645 12.9 47302

High Schools near Selma, IN

Grades Students P/T Ratio ZIP
Cowan High School 07 - 12 374 16.3 47302
In ACA for Sci Math & Humanities 11 - 12 307 9 47306
Monroe Central Junior/Senior High School 07 - 12 522 16.2 47368
Muncie Central High School 09 - 12 1,633 13.7 47305
Wapahani High School 09 - 12 391 17 47383

Ungraded Schools near Selma, IN

Grades Students P/T Ratio ZIP
Burris Laboratory School KG - 12 621 15.4 47306

Demographics near Selma, IN

City County
Neighborhood Type Suburban
Population 953 112,480
Population Density 1,021 287
Median Age 33.5 35.5
People per Household 2.6 2.3
Median Household Income 52,321 49,321
Average Income per Capita 22,382 26,946

Real estate near Selma