FLOYDS KNOBS BRICK RANCH & POLE BARN ONLINE AUCTION

BIDDING BEGINS: SUNDAY, DECEMBER 22 @ 6PM 

BIDDING ENDS: SUNDAY, JANUARY 12 @ 6PM

3148 SPICKERT KNOB ROAD, FLOYDS KNOBS, IN 47119

Selling online for the Franklin Banet Estate, a one owner 1960’s brick ranch-style 3 bedroom-2 bath home with addition, a partially finished basement, attached garage and a pole barn on a 0.63-acre lot. Centrally located in Floyds Knobs off St. Mary’s Road,  just one mile from Paoli Pike. Ideal for a homeowner or an investor! 

PROPERTY HIGHLIGHTS

Brick Ranch Built 1962

Family Room Addition Built 1985 

Open and Level 0.63 Acre Lot 

3 Bedrooms - 2 Baths

1,470 Square Feet on First Level

1,120 Square Feet on Lower Level 

One Car Attached Garage 

37’ x 30’ Pole Barn 

New Albany - Floyd County Schools

5.5 Miles to Downtown New Albany 

12 Miles to Downtown Louisville

HOME HIGHLIGHTS 

Family Room with Vaulted Ceiling & Wet Bar

Open Equipped Kitchen with Island 

Recreational Room Finished Lower Level

Attached Garage with Access to Basement 

Replacement Windows 

Roof Replaced 2020 

Electric Heat Pump Replaced November 2024

A spacious one owner ranch in the heart of the Knobs, this 1,470 square foot home with one-car garage features three bedrooms and two baths on the main-level, living room with bay window and a family room addition with wet bar and sliding doors to a wood deck and aggregate patio. The addition with an 11' vaulted ceiling, created an open flow to a fully equipped kitchen with island and plenty of counter space and cabinetry. 

The lower level with a walk-up entrance via the garage and outside, provides over 1,100 square feet of additional space, featuring a 522 square foot recreational room and a laundry area with ample storage space. The home is equipped with an electric heat pump and air conditioning, just recently replaced November 2024. Additional home improvements include replacement windows and roof replacement 2020. 

The open lot has 100 feet of road frontage and has an average of 250 feet deep, bordered by a creek tributary. The property includes a 37’ x 30’ metal pole barn with enclosed lean-to and two 16’ x 7’ overhead doors. 

Located in a sought-after Floyd County location just minutes from elementary schools, downtown shopping and expressways, this property perfectly balances charm, practicality, and convenience.

UTILITIES 

Duke Energy

Floyd Knobs Water 

Spectrum Cable

REAL ESTATE TAXES (2023-2024)

Lafayette Township (Annual) – $1,803.54

DEDUCTIONS (2023-2024)

Homestead – $48,000

Supplemental – $63,160

FLOOD ZONE 

FEMA records indicate that the property is not in a flood zone.

LEGAL DESCRIPTION

N 1/2 SE 1/4; 17-2-6; Lot 7; 0.63 AC.

PARCEL

22-04-01-700-201.000-006

SCHOOL CORPORATION

New Albany-Floyd County Consolidated

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BUYERS PREMIUM

10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.

REAL ESTATE TERMS

A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. Taxes prorated to the day of closing. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.

RESERVE

Sells Subject to Seller Confirmation

OPEN INSPECTION

Sunday, January 5, 1:00 PM - 3:00 PM 

Or contact us for a private showing.

PROPERTY LOCATION

3148 Spickert Knob Road, Floyds Knobs, IN 47119

SELLER

Franklin D. Banet Estate

CO-PERSONAL REPRESENTATIVES

Franklin Lee Banet

Theresa Marie Poe

ESTATE ATTORNEY 

Gary Banet

DIRECTIONS 

Hwy. 150 or State Street to Paoli Pike to Scottsville Road. 7/10 mile to right on St. Mary’s Road. 1/10 mile to slight right on Spickert Knob Road. 2/10 mile to home on left.