NOT LISTED FOR SALE

3131 E Banet Rd Salem, IN 47167

Estimated Value: $205,000 - $549,000

3 Beds
1 Bath
1,260 Sq Ft
$341/Sq Ft Est. Value

Last Sold August 17, 2022

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

Est. 2% increase in value since last sale

Current estimated payment $2,994/month

23 Days on Market

Highlights

  • 95 Acre Lot
  • Open Floorplan
  • Pole Barn
  • East Washington Elementary School Rated 9+
  • Pond
  • Covered Patio or Porch

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 Agent to Sell the Property

Brenda Pruitt

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

Last Buyer's Agent

Troy Stiller

Schuler Bauer Real Estate Services ERA Powered (N License #RB14043390

Schuler Bauer Real Estate Services ERA Powered (N

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

  • Annual Tax: 407
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • 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 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
  • Sewer Type: Sewer Available
  • Total Sq Ft: 1260

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%
Current Estimated Value
$499,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,549
Avg. Annual Appreciation
-3.80%
Original Mortgage
$441,000
Outstanding Balance
$421,719
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$8,133

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

  • B

    Seller's Agent in 2022

    Brenda Pruitt

    Mainstreet REALTORS

    (812) 620-0247

    54 Total Sales

    Brenda Pruitt
    Section Image
  • Troy Stiller

    Buyer's Agent in 2022

    Troy Stiller

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 987-6574

    702 Total Sales

    Troy Stiller
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202209677

Southern Indiana REALTORS® Association

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

Indiana Washington County Salem 47167

3131 E Banet Rd, Salem, IN

Not Listed for Sale

Detached

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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