NOT LISTED FOR SALE

2544 E Banet Rd Salem, IN 47167

Estimated Value: $243,000 - $341,000

2 Beds
2 Baths
1,600 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $220,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,703/month

Highlights

  • New Construction
  • Open Floorplan
  • Wooded Lot
  • East Washington Elementary School Rated 9+
  • Secluded Lot
  • Pole Barn

About This Home

As of October 2021

OPEN FLOOR PLAN WITH GREAT WORK/GARAGE SPACE...2 BR 2 BA new construction pole barn home features open living, dining, kitchen area with oversized bedrooms and baths. Secluded wooded 2 acre homesite sits on a dead end lane, conveniently located within an easy commute of Louisville metro. Schedule a private showing today before this wonderful property is SOLD!

Last Agent to Sell the Property

Linda Ward Temple

eXp Realty, LLC License #RB14039918 Listed on: 07/01/2021

eXp Realty, LLC

Last Buyer's Agent

Brittany Spainhour

Lopp Real Estate Brokers License #RB17002206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 6 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Metal Siding
  • Wood Trim
  • Stone Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • First Floor Utility Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • On Site Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$112

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 88-14-10-000-009.000-013
  • Annual Tax: 112
  • Appointment: Mandatory
  • Construction: New Construction
  • Foundation: Slab
  • Land Assessment: 5600
  • Legal Description: 18-10-100-009.000-09 WH SW NW 10-1-4 2ac
  • New Construction: Yes
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 5600
  • Total Finished Square Footage: 1600
  • Type: Pole Barn
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1600.00
  • Appliances: Clothes Dryer, Clothes Washer, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Natural Wood Trim, Open Floor Plan, Utility/Mud Room
  • Lot Sq Ft: 87120.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1600
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Metal Siding, Stone

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 6
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Fuel Type: Electric
  • Heat Type: Forced Air, Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 2.0000
  • Lot Description: Dead End Street, Garden Area, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 7, 2021
Sold by
Warman Richard Allan
Bought by
Ritchie Marcella E
Seller's Agent
Linda Ward Temple
eXp Realty, LLC
Buyer's Agent
Brittany Spainhour
Lopp Real Estate Brokers
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$290,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,142
Avg. Annual Appreciation
7.16%
Original Mortgage
$155,000
Outstanding Balance
$141,346
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$148,796
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ritchie Marcella E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchie Marcella E $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $220,000 -4.1% $138 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $229,500 -0.2% $143 / Sq Ft
08/06/2021 08/06/21 Price Changed $229,900 -2.1% $144 / Sq Ft
07/30/2021 07/30/21 Price Changed $234,900 -2.1% $147 / Sq Ft
07/23/2021 07/23/21 Price Changed $239,900 -2.0% $150 / Sq Ft
07/16/2021 07/16/21 Price Changed $244,900 -2.0% $153 / Sq Ft
07/01/2021 07/01/21 For Sale $249,900 -- $156 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,894 $216,000 $24,000 $192,000
2023 $1,692 $198,300 $24,000 $174,300
2022 $1,673 $180,500 $24,000 $156,500
2021 $1,514 $163,600 $24,000 $139,600
2020 $112 $5,600 $5,600 $0
2019 $110 $5,600 $5,600 $0
2018 $106 $5,600 $5,600 $0
2017 $102 $5,600 $5,600 $0
2016 $101 $5,600 $5,600 $0
2014 $79 $4,600 $4,600 $0
2013 $93 $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Ward Temple

    Seller's Agent in 2021

    Linda Ward Temple

    eXp Realty, LLC

    (812) 620-8727

    118 Total Sales

    Linda Ward Temple
    Section Image
  • Brittany Spainhour

    Buyer's Agent in 2021

    Brittany Spainhour

    Lopp Real Estate Brokers

    (812) 670-0163

    19 Total Sales

    Brittany Spainhour
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202108868

Southern Indiana REALTORS® Association

APN: 88-14-10-000-009.000-013

Indiana Washington County Salem 47167

2544 E Banet Rd, Salem, IN

This home is located at 2544 E Banet Rd, Salem, IN 47167 since 01 July 2021 and is currently estimated at $290,142, approximately $181 per square foot. This property was built in 2020. 2544 E Banet Rd is a home located in Washington County with nearby schools including East Washington Elementary School, East Washington Middle School, and Eastern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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