$248,500
SOLD JUL 15, 2025

2662 E Banet Rd Salem, IN 47167

3 Beds
1 Bath
1,516 Sq Ft
0.99 Acres

Recently Sold

$164 Per Sq Ft

3% Below List Price

60 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • East Washington Elementary School Rated 9+
  • 1-Story Property
  • Lot Has A Rolling Slope

About This Home

As of July 2025

Discover the perfect blend of comfort and nature in this delightful 3-bedroom home, nestled on nearly an acre of land. With its enchanting rustic charm and durable metal roof, this property offers both beauty and practicality. Step inside to find a spacious layout filled with natural light, ideal for family gatherings or cozy nights in. Custom cedar woodwork, a decorative fireplace, custom kitchen cabinetry help provide quiet country living! The attached garage provides convenient storage and easy access, being right off of the kitchen! Book your showing while its available!

Last Agent to Sell the Property

Amanda Cole

Keller Williams Realty Consultants Listed on: 05/16/2025

Keller Williams Realty Consultants

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1981

Lot Details

  • 0.99 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-14-10-000-007.003-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1981
  • Age: 44
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 18-10-100-007.003-09 PT EH WH SW NE 10-1-4 .9857AC
  • Parcel Number ID: 88-14-10-000-007.003-013
  • Platted: Yes
  • Sp Lp Percent: 105.79
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1516
  • Total Finished Sq Ft: 1516
  • Above Grade Finished Sq Ft: 1516
  • Price Per Sq Ft: 163.92
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 12x10
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 15x8, On Level: Main
  • Other Room1: office, Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: .985 ace
  • Estimated Lot Sq Ft: 42907
  • Estimated Lot Size Acres: 0.99

Tax Info

  • Annual Taxes: 1282
  • Total Assessed Value: 163300

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jul 15, 2025
Sold by
Fender Alexandra Lynn and Smith Dakotah Kayne
Bought by
Faulkner Jay
Seller's Agent
Amanda Cole
Keller Williams Realty Consultants
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$255,000
Sold Price
$248,500
Premium/Discount to List
-$6,500
-2.55%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.36%
Original Mortgage
$248,500
Outstanding Balance
$248,078
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
$20,132

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 15, 2023
Sold by
Gilstrap Jason
Bought by
Fender Alexandra Lynn and Smith Dakotah Kayne
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Nathan Soliday
Streamline Real Estate, LLC
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$207,070
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2023
Sold by
Miller Brent
Bought by
Gilstrap Jason and Green Alfred L
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
Warranty Deed $205,000 None Listed On Document
Sheriffs Deed $55,001 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,500 VA
Previous Owner $207,070 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2025 07/15/25 Sold $248,500 +5.8% $164 / Sq Ft
05/21/2025 05/21/25 Price Changed $234,900 -7.9% $155 / Sq Ft
05/16/2025 05/16/25 For Sale $255,000 +24.4% $168 / Sq Ft
06/15/2023 06/15/23 Sold $205,000 -2.3% $135 / Sq Ft View Prior Sale
05/25/2023 05/25/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $209,900 -- $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 $1,282 $163,300 $19,900 $143,400
2023 $1,156 $149,400 $19,900 $129,500
2022 $2,795 $144,500 $19,900 $124,600
2021 $2,658 $132,900 $19,900 $113,000
2020 $2,522 $126,100 $19,900 $106,200
2019 $2,458 $125,300 $19,900 $105,400
2018 $2,272 $119,500 $19,900 $99,600
2017 $1,845 $119,500 $19,900 $99,600
2016 $1,468 $109,000 $19,900 $89,100
2014 $1,802 $105,300 $19,900 $85,400
2013 $1,664 $102,800 $19,900 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202518099

Indiana Regional MLS

APN: 88-14-10-000-007.003-013