$189,900
- 4 Beds
- 2 Baths
- 696 Sq Ft
314 S Union St, Selma, IN 47383
Jim Mochal Coldwell Banker Real Estate Group
Frequently Asked Questions Why Live in Selma
Is Selma a good place to live?
Selma is a good place to live. Selma is considered very car-dependent and somewhat bikeable. Selma is a rural neighborhood. Selma has 6 parks for recreational activities. It has a median age of 42. The average household income is $70,039 which is below the national average. College graduates make up 18.4% of residents. A majority of residents in Selma are home owners, with 22.1% of residents renting and 77.9% of residents owning their home. A local real estate agent serving Selma can help you decide if this neighborhood is the right one for you. Learn more on our Selma neighborhood guide.
How much do you need to make to afford a house in Selma?
The median home price in Selma is $209,900. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Selma. The average household income in Selma is $70K.
What are the best public schools in Selma?
The best public schools that serve Selma are:
- Burris Laboratory School has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 3.8.
- Selma Elementary School has an A- Niche grade and a student teacher ratio of 17:1.
- Selma Middle School has a B Niche grade and a student teacher ratio of 15:1.
What are the most popular zip codes in Selma, Muncie, IN?
What are the most popular neighborhoods near Selma, Muncie, IN?
The most popular neighborhoods near Selma, Muncie, IN are Southside, Eastside, Southeast Muncie, Blaine and Whitely.
