NOT LISTED FOR SALE

3131 E Banet Rd Salem, IN 47167

Estimated Value: $167,000 - $540,000

3 Beds
1 Bath
1,260 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $490,000 $389 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,595/month

23 Days on Market

Highlights

  • 95 Acre Lot
  • Pond
  • Covered patio or porch
  • Open Floorplan
  • Pole Barn
  • 2 Car Detached Garage

About This Home

As of August 2022

Don't miss your chance to own this beautiful slice of Southern Indiana. First time on the market, so you can bet this beauty won't last long! What a great opportunity to own your own personal country retreat away from the hustle and bustle of town. This beautiful 95 acres has potential every way you look at it; from rolling pastures perfect for the animal lover, to a huge garage for 4-wheelers, etc. with plenty of space for the avid outdoor enthusiast, or simply a breathtaking view of the rolling hills to enjoy the sunset on your porch. Property being sold "As Is".

Last Listed By

Brenda Pruitt

Mainstreet REALTORS License #RB14020257 Listed on: 06/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $407

Year Built

  • Built in 1970

Lot Details

  • 95 Acre Lot
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Utility Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Covered patio or porch
  • Pole Barn

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 881411000012000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$407

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Improvements: 90600
  • Annual Tax: 407
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 32700
  • Legal Description: 18-11-300-012.000-09 NW SW 11-1-4 40AC PT SW SW 11-1-45AC and 18-10-400-013.000-09 PT EH SE 10-1-4 50ac
  • Out Buildings: Garage, Pole Barn
  • Parcel Number: 881411000012000013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 123300
  • Total Deduction Amnt: 76220
  • Total Finished Square Footage: 1260
  • Type: 1 Story
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 1260.00
  • Appliances: Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Eat-In Kitchen, Open Floor Plan, Utility/Mud Room
  • Lot Sq Ft: 4138200.00
  • Room Count: 6
  • Sewer Type: Sewer Available
  • Total Sq Ft: 1260
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Paved Driveway

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water: Pond
  • Water Type: Public Onsite

Lot Info

  • Acres: 95.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 17, 2022
Sold by
Pruitt Asset Trust
Bought by
Schuler James R and Schuler Chasity
Seller's Agent
Brenda Pruitt
Mainstreet REALTORS
Buyer's Agent
Troy Stiller
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Total Days on Market
23
Current Estimated Value
$400,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,883
Avg. Annual Appreciation
-7.18%
Original Mortgage
$441,000
Outstanding Balance
$425,073
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
-$24,956

Purchase Details

Closed on
Nov 8, 2018
Sold by
Pruitt Joseph L and Pruitt Clara
Bought by
Pruitt Asset Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schuler James R -- None Listed On Document
Pruitt Asset Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuler James R $58,000
Open Schuler James R $441,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $490,000 -2.0% $389 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $499,900 -- $397 / 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 $4,529 $425,800 $52,400 $373,400
2023 $1,315 $142,800 $38,800 $104,000
2022 $498 $136,100 $34,800 $101,300
2021 $407 $121,700 $32,800 $88,900
2020 $402 $123,300 $32,700 $90,600
2019 $477 $125,500 $35,400 $90,100
2018 $759 $125,100 $36,000 $89,100
2017 $732 $128,000 $38,400 $89,600
2016 $738 $120,300 $39,400 $80,900
2014 $715 $120,400 $40,000 $80,400
2013 $652 $113,700 $37,200 $76,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Salem, IN

  • 102 E Eastern Hills Blvd, Salem, IN 47167

    $329,900

    • 3 Beds
    • 2.5 Baths
    • 2,569 Sq Ft
    • 102 E Eastern Hills Blvd
    • Salem, IN

    Recently Renovated 3 bedroom 2.5 bath ranch sitting on .97 Ac fenced. The Interior features include Freshly painted and new flooring throughout, Large open Kitchen and formal dining room. Living room with a french style door that leads to the back deck. There is a den, Office and a Library Room. Separate utility room located off the den connecting the 2 car attached garage. The exterior

    Susan Riley RE/MAX FIRST

    Section Image
  • 1017 Webb St, Salem, IN 47167

    $319,900

    • 3 Beds
    • 2 Baths
    • 1,752 Sq Ft
    • 1017 Webb St
    • Salem, IN

    Fantastic home and location! This is an awesome move in ready home that sits on top of a small hill with a great view from the covered porch. Featuring 3 BR, 2 BA, 1752 sq. ft on a large .44 Ac. lot with a large covered patio area for entertaining in the back yard. Beautiful kitchen with an abudance of cabinets, granite counter tops, large island with storage and large pantry. All stainless

    Debbie Curtis Mainstreet Realtors

    Section Image
  • 145 N Emerald Ct, Salem, IN 47167

    $312,000

    • 3 Beds
    • 2 Baths
    • 1,516 Sq Ft
    • 145 N Emerald Ct
    • Salem, IN

    >>> OPEN HOUSE -- SATURDAY MAY 3 1-3 PM <<< WHAT A BEAUTY!!… Check out this 3 BR 2 BA home with open concept living in Emerald Heights development in Salem!! Luxury vinyl plank throughout, large kitchen island, and stainless appliances are just a few highlights to this home with extra attention to the details. An inviting front porch, attached garage, oversized patio, fenced yard and shed make

    Linda Ward Temple eXp Realty, LLC

    Section Image
  • 1 Cavanaugh Ct, Salem, IN 47167

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,764 Sq Ft
    • 1 Cavanaugh Ct
    • Salem, IN

    THIS STUNNING WATERFRONT PROPERTY IS A VERY RARE FIND....Fronts on Gorgeous Brock Creek, this large 1764 s.f. all stone home with full walkout unfinished basement, 3 bedrooms, 2 full handicap accessible bathrooms, the new windows are very large picture windows in three rooms that leave a breathtaking park like view any way you look. This real estate is on a private paved dead end street, a two

    Sherri Purkhiser The Day Company REALTORS

    Section Image
  • 103 W Angela Ct, Salem, IN 47167

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,729 Sq Ft
    • 103 W Angela Ct
    • Salem, IN

    Located on .93 acres in one of the most desirable locations in Salem, this 3 bedroom, 2 bath, all brick walk-out ranch will be sure to please! Built by Gary Hollowell, this popular split floor plan affords much sought after privacy with the primary suite on the left side of the home and the other two bedrooms and second bath on the right side of the house. The large kitchen, boasting cabinets

    Jean Duncan Real Estate Unlimited

    Section Image

Source: Southern Indiana REALTORS® Association

MLS Number: 202209677

Southern Indiana REALTORS® Association

APN: 88-14-11-000-012.000-013