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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.

Sells Subject to Seller Confirmation

Sunday, January 5, 1:00 PM – 3:00 PM

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Franklin D. Banet Estate

Franklin Lee Banet
Theresa Marie Poe

Gary Banet

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.

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.