The Adjusted Basis of the property is not on the settlement statement, you have to calculate that yourself.
Generally, the basis of real estate is the amount you paid for it. plus the cost of purchasing it (closing costs paid by you), plus any major improvements; and if the property was used for rental or business purposes, minus depreciation.
If you inherited the property, the basis is its value on the date the owner passed away, plus any major improvements, and if the property was used for rental or business purposes, minus depreciation.
If the property was given to you by someone still living, your basis is the same as their basis when they gave you the property.
If you are reporting the sale of your home where you lived for at least two years, and it was never used for rental or business purposes, you probably won't have to pay taxes on your gain, so don't spend too much time worrying about the details of the basis.
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