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Floyds Knobs 5.6 Acres Home & Barn Online Auction


Real Estate — $330,000

Premium Included


6:00 PM
Wednesday, June 7  2023


6:00 PM *
Wednesday, June 14  2023

*Extended Bidding

4360 Jones Lane
Floyds Knobs, IN  47119

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Buyer's 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.


  • Thursday, June 1, 4PM – 6PM
  • Thursday, June 8, 4PM – 6PM

Or contact us for a private showing.


Evelyn Marie Banet Estate

Personal Representative

Linda Schmidt

Estate Attorney

George W. Gesenhues Jr.
Lorch Naville Ward LLC

Selling online a 1394 square foot 3 bedroom – 2 1/2 bath brick ranch with finished walk-out basement and attached garage – high on a secluded wooded and open 5.6 acre tract with pole barn in the heart of Floyds Knobs. One owner home – first time on the market! Located just minutes from downtown with easy access to expressways.


  • Private 5.6 Acres in Floyd County
  • One Owner Brick Ranch Built 1965
  • 1394 Square Feet on Main Level
  • Full Finished Walkout Basement
  • 3 /4 Bedrooms – 2 1/2 Baths – 2 Fireplaces
  • 2-Car Attached Garage
  • 22’ x 24’ Pole Barn
  • Frontage on Jones Lane & St. Mary’s Road
  • Survey Dated 9/20/2021
  • New Albany – Floyd County Schools
  • Minutes to Letty Walter Park & Elementary Schools
  • 4 Miles NE of I-64 Hwy 150
  • 4 Miles NW of I-265 Grant Line Road

Owned by the late Evelyn & Raymond Banet Jr, this custom brick ranch is nestled atop a long paved circular drive surrounded by nature on a 5.6 acre tract with an elevation of 880 feet.

A late mid-century home retaining much of its original character with a slate entry hall, natural wood floors and trim, tile baths and wood louvered doors. The main level – 1394 square feet includes a living room with wood-burning fireplace and sliding doors to balcony deck, an equipped kitchen with breakfast bar, two double-door pantry closets and dining area with a half bath nearby, three bedrooms – each with double closets, and a tiled full bath.

The walkout lower level has a family room with fireplace with wood stove insert and sliding doors to patio, a recreational room – ideal for 4th bedroom with double windows and door to patio, full bath, bar sink, laundry area and a storage utility room. The home is equipped with central air and an electric heat pump, both recently replaced in 2022.

The outdoor space includes a covered front porch, large concrete patio, small creek, a wishing well and a 22’ x 24’ metal pole barn with concrete floor and a 7’ tall x 9’ overhead door. The land is open and wooded – with 176 feet of road frontage on Jones Lane plus additional frontage on Jones Lane and St. Mary’s Road with limited accessibility.

Centrally located in the Knobs, with easy access to expressways off Spickert Knob Road or St. Marys Road.

Floyds Knobs Water
Duke Electric

Lafayette Township (Annual) – $2,020.60

Homestead – $45,000
Supplemental – $52,920

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

N 1/2 SE 1/4; 17-2-6; 4.66 AC & P. 655 Prt; L 13 0.9872 AC; #004-01840-17


New Albany – Floyd County Consolidated


Paoli Pike to Scottsville Road. North 3/4 mile to right on St. Marys Road. Continue 6/10 mile to right on Jones Lane. Property on left.


We know that the end of an online auction can be a hectic place. Here are some tips & things you should know to help make it a little easier…


Place your max bid and let the system bid for you. In the event two bidders have placed identical max bids, the first bid received will be the successful bid.


To prevent bid sniping, last-minute bids will extend individual lots using our ‘soft-close’ functionality.

  • If a bid is placed in the last 10 minutes, the lot will remain open for an additional 10 minutes.
  • If any further bidding occurs, the extension timer will reset to 10 minutes.
  • If no further bidding occurs, the lot closes when the timer runs out.
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