$218,000
SOLD JAN 30, 2025

1716 S County Road 550 E Selma, IN 47383

3 Beds
2 Baths
1,960 Sq Ft
1 Acres

Recently Sold

$111 Per Sq Ft

9% Below List Price

82 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Selma Elementary School Rated A-
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of January 2025

If you're looking for a beautiful, tree-lined, 1-acre property in a peaceful rural setting and a home that you can update with your own touches, this might be the perfect place for you! As you enter the winding, paved driveway, you'll find a 2-car garage attached to this 3-bedroom, 2-bathroom home. Inside, the cozy living room features a wood-burning fireplace, while the spacious family room has a charming brick mantle and a free-standing gas log fireplace, and vaulted ceilings. The home also offers a well-sized kitchen furnished with stainless steel appliances that are included in the sale and a dining area that overlooks the private backyard. Recent updates provide peace of mind, with a new roof installed in June 2024, a gas water heater replaced in February 2024, and a well pump is being replaced. The septic system's finger system was replaced approximately 6-7 years ago, and the gas furnace and central air unit were updated in 2016. Nestled on the outskirts of Selma in the Wapahani School District, this home offers the best of both worlds: serene rural living just minutes from the Muncie Bypass, providing easy access to town amenities.

Last Agent to Sell the Property

Cortney Felton

NextHome Elite Real Estate Brokerage Phone: 765-748-6334 Listed on: 10/12/2024

NextHome Elite Real Estate

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Crawl Space
  • Storage In Attic
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-12-21-200-001.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1968
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT W HLF NE QTR S21 T20 R11 1.000 AC
  • Parcel Number ID: 18-12-21-200-001.000-010
  • Platted: Yes
  • Amenities: Attic Storage, Cable Available, Cable Ready, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Porch Covered, Six Panel Doors, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1960
  • Total Finished Sq Ft: 1960
  • Above Grade Finished Sq Ft: 1960
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Wood Burning, Free Standing
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 26x14, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 20x18, On Level: Main
  • Bedroom 1: Dimensions: 18x10, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Main Level Sq Ft: 1180
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x25
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Cable Company: Dish Network
  • Well Type: Private

Schools

  • Elementary School: Selma

Lot Info

  • Lot Description: 0-2.9999
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 475.22
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Jan 30, 2025
Sold by
Louck Scott Edward
Bought by
Barga Zoey Michele and Goodman Nathan William
Seller's Agent
Cortney Felton
NextHome Elite Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$239,000
Sold Price
$218,000
Premium/Discount to List
-$21,000
-8.79%
Views
89
Current Estimated Value
$230,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,373
Avg. Annual Appreciation
7.75%
Original Mortgage
$198,000
Outstanding Balance
$196,779
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$33,594

Purchase Details

Closed on
Oct 4, 2024
Sold by
Louck Lloyd M
Bought by
Louck Scott Edward
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed Of Distribution -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $218,000 -8.8% $111 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $239,000 0.0% $122 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $239,000 -11.4% $122 / Sq Ft
10/12/2024 10/12/24 For Sale $269,900 -- $138 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $484 $202,200 $18,800 $183,400
2023 $475 $182,600 $18,800 $163,800
2022 $466 $173,700 $18,800 $154,900
2021 $458 $138,900 $15,100 $123,800
2020 $449 $122,800 $15,100 $107,700
2019 $441 $117,000 $14,400 $102,600
2018 $432 $122,700 $13,700 $109,000
2017 $424 $113,100 $13,700 $99,400
2016 $417 $105,700 $13,700 $92,000
2014 $442 $106,700 $14,000 $92,700
2013 -- $122,800 $15,500 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202439671

Indiana Regional MLS

APN: 18-12-21-200-001.000-010