REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Sep

Wed

Sep

Thu

Sep

Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

$ 189,900

Est. payment -/mo

Save Virtual Tour

Active

314 S Union Street Selma, IN 47383

3 Beds

1 Bath

1,806 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,806 sqft

MLS Listing ID 202532816

Style One and Half Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,806

Total Fin. Sqft 1806

Year Built 1870

Annual Tax Amount $1,786

Tax Year 2025

Lot Size 10,890 Sqft

Property Sub-Type Site-Built Home

Property Description

GREAT Investment Package. Cash cow opportunity exits in Selma. Two dwellings on 1 parcel. One is a 3 bedroom 1/12 story home with Kitchen, dining room, living room, laundry room, family room with wood burning stove, and 10 X 17 porch, that currently is vacant, but, could easily rent for $1,200 / month. The other is a duplex: each is a 2 bedroom 1 bath unit. The 1 current tenant pays $625 / month and the other is currently vacant, but, could easily rent for $750 / month. In the upstairs duplex an efficiency apartment has been started, but needs to be finished. The annual income fully rented would be $32,000, and at a 10% cap would be $320,000. In addition, the lot just to the east, parcel #:18-12-15-108-008.000-011, 83' X 165', comes with this package as well! Properties are being sold " AS IS". Seller has never lived in property and is a P.O.A.

Location

State IN

County Delaware County

Area Delaware County

Direction SR 32 to Selma, To Union St off of SR 32, S to home

Rooms

Family Room 13 x 11

Basement Crawl, Slab

Dining Room 12 x 10

Kitchen Main, 15 x 10

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type Wood Burning Stove

Appliance Refrigerator, Washer, Window Treatments, Cooktop-Electric, Dryer-Electric, Oven-Electric, Range-Electric, Water Heater Electric

Laundry Main, 17 x 10

Exterior

Fence Chain Link

Amenities Available Countertops-Laminate, Porch Enclosed

Roof Type Asphalt,Shingle

Building

Lot Description Level, Partially Wooded

Story 1.5

Foundation Crawl, Slab

Sewer City

Water City

Structure Type Aluminum,Brick

New Construction No

Schools

Elementary Schools Selma

Middle Schools Selma

High Schools Wapahani

School District Liberty-Perry Community S.D.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202532816

IDX information provided by the Indiana Regional MLS

Listed by Jim Mochal • Coldwell Banker Real Estate Group • Cell: 765-748-1005

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

GET MORE INFORMATION

QUICK SEARCH

Dawn Evans

314 S Union Street Selma, IN 47383

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

314 S Union Street