Selma, IN 47383 314 S Union Street
$189,900
3 more
Presented By: Jim Mochal with Coldwell Banker Real Estate Group; Cell: 765-748-1005
Beds • 3
Baths • 1
SQFT • 1,806
Home Details
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.
Presented By: Jim Mochal with Coldwell Banker Real Estate Group; Cell: 765-748-1005
Interior Features for 314 S Union Street
Bedrooms
1st Bedroom LevelUpper
1st Bedroom Width12
2nd Bedroom Length12
2nd Bedroom LevelUpper
2nd Bedroom Width10
3rd Bedroom Length11
3rd Bedroom LevelUpper
3rd Bedroom Width7
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms
Bathrooms
Below Grade Baths0
Full Baths Below Grade0
Full Baths Main1
Full Baths Upper
Half Baths Below Grade
Half Baths Main
Half Baths Upper
Kitchen
Kitchen Length15
Kitchen Width10
Other Interior Features
Total Finished SqFt1806
Basement Y/NNo
Above Grade Finished SqFt1806
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt
Living/Great Rm LevelMain
Main Level SqFt1022
BasementCrawl, Slab
FireplaceWood Burning Stove
FlooringCarpet, Vinyl
Other Rooms
Other Room 1 LevelMain
Laundry Room Width10
Laundry Room Length17
Other Room 1 Length17
Other Room 1 Width10
Dining Room Length12
Dining Room Width10
Family Room Length13
Family Room Width11
Living Room Length13
Living Room Width15
Other Room 1 DescriptionPorch
Total Rooms9
General for 314 S Union Street
Age155
Agent First NameJim
Agent Last NameMochal
AmenitiesCountertops-Laminate, Porch Enclosed
Annual Taxes1786
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms1
CitySelma
ClassRESIDENTIAL
CoolingCentral Air
DOM24
Dining Room LevelMain
Elementary SchoolSelma
FIPS Code18035
FireplacesNo
Full Baths1
Half Baths
HeatingGas, Forced Air
High SchoolWapahani
Kitchen LevelMain
Laundry Y/NMain
Legal DescriptionSELMA ALL OF 5 / 165FT BY 5FT ADJ T LOT 5 & ORIG PLAT SELMA LOT 6
LocationCity/Town/Suburb
Middle SchoolSelma
ModificationTimestamp2025-08-18T16:27:39.1
New ConstructionNo
REONo
School DistrictLiberty-Perry Community S.D.
SewerCity
StatusActive
StatusActive
Status Detail0
StyleOne and Half Story
SubdivisionNone
Tax Year2025
Total Sq Ft1806
TownshipLiberty
TypeSite-Built Home
Virtual TourClick here
Year Built1870
Exterior for 314 S Union Street
Approx. Lot Size Acres0.25
DrivewayGravel
ExteriorAluminum, Brick
FenceChain Link
Garage Y/NNo
Lot DescriptionLevel, Partially Wooded
Lot Dimensions67x165
Lot Size Area10890
PoolNo
ROOF MATERIALAsphalt, Shingle
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Selma Middle School
Elementary School
Selma Elementary School
High School
Wapahani High School
Ryan Orr
Associate