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11990 E County Road 400 S, Selma, IN, 47383

4beds
1baths
2,371sqft
$399,900
$169price/sqft
$2,747/moest. monthly cost
$109,880/yrincome needed

About This Home

Introducing a Rare Opportunity: Wapahani Schools Farm I'm excited to share a truly unique property that has just come onto the market for the first time in many years. If you've been searching for a small farm, this could be the perfect fit. This property, located in the Wapahani Schools district, features a spacious 4-bedroom home situated on 17.32 acres. The main floor boasts beautiful hardwood floors in the living, formal dining, and sitting rooms, as well as in the master bedroom. The home also offers a large eat-in kitchen with granite countertops, and a generous family room with French doors leading out to a patio. The property has been well-maintained with several recent updates, including a newer well pump (2024), a new garage door (September 2025), newer siding on the garage, newer gutters on the home, and replacement windows. In addition to the main residence, the property includes a large barn, a 3-car detached garage, and a 2-car detached garage. The roof of the home has also been freshly painted. Approximately 15 acres of the property are dedicated to farm ground.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Selma Elementary SchoolGrades K-54.1 mi
8/10
Selma Middle SchoolGrades 6-82.4 mi
9/10
Wapahani High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Concrete Perimeter,Cellar,Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Gas Oven,Refrigerator,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Cellar

Bedroom2

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom3

  • Level: Upper
  • Area: 135
  • Dimensions: 15x9

Bedroom4

  • Level: Upper
  • Area: 180
  • Dimensions: 15x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 117
  • Dimensions: 13x9

Family Room

  • Level: Main
  • Area: 270
  • Dimensions: 18x15

Features

  • Breakfast Bar,Eat-in Kitchen
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,371
  • Total interior livable area: 2,371 sqft

Kitchen

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Master Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Sitting Room

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Property

Details

  • Parcel number: 181235300010000020
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 17.32 Acres

Parking

  • Total spaces: 3
  • Parking features: Detached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$291$3,492
Property Taxes $217$2,604
Electricity $217$2,608
Total$2,747$32,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,182/yr
40% on housing$82,410/yr
45% on housing$73,253/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 47383$127
Delaware County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 47383$157
Delaware County$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-04Listed for sale$699,900

For Sale by Agent

AgentTammy Parker
BrokerageF.C.Tucker Muncie, REALTORS®

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