OFF MARKET

Off market mar 2015 for $492K

—

•

17,631

sq ft

212 S Ivy Ln, Butler, IN 46721

About this home

Eight separate parcels that total 1.896 acres of land. 4 structures totaling 17,631 Square Feet and operated as a garden style apartment complex consisting of 24 units in three buildings, and a separate office/laundry building. Known as Stonebrook of Butler apartments, the property is a mix of one and two bedroom units. 3 surface parking lots. Nearly 100 leased (only 2 vacant at present). About half of the units have been updated and all deferred maintenance items at time of acquisition have now been corrected. More information to come. Water & Sewer - City of Butler, Electric - Indiana Michigan Power.

Multi-familyProperty Type

1986Year Built

1.62 acresLot Size

$28Price/Sq.Ft.

32 spacesParking

Listed by Tracee Lutes • RE/MAX Acclaimed Properties

Contact: Cell: 812-322-2650

Bought with BLOOM NonMember • NonMember BL

Redfin checked: 3 minutes ago

•Source:IRMLS #201510973

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 46721, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

+2.3% MoM

Median sale price

$187K

$15K MoM

Avg. days on market

32d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 23 HRS AGO
$425,000
4 beds2.5 baths3,032 sq ft
5217 County Road 36a, Butler, IN 46721
$244,900
3 beds2 baths1,354 sq ft
626 Independence St, Butler, IN 46721
$149,900
2 beds1.5 baths1,055 sq ft
415 W Erie St, Butler, IN 46721
See all

Provided by Redfin

Sale history for 212 S Ivy Ln

Public record

Public record
Zoning

Beds

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Baths

—

Stories

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Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

DeKalb County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 9, 2023.

MFR

Multi-Family Residential District

The MFR (Multi-family Residential) District is intended to provide areas for mixed density neighborhoods comprised of two-family and multifamily units. The provisions that regulate this district should protect, promote and maintain areas of Butler for existing and future housing growth.

Permitted uses

Include but are not limited to:

Community / recreation center
Housing-Group
Housing-Multiple units
Housing-Senior
Park & open space

Property details

Parking

Parking/Garage Information
# of Open Parking Spaces: 32
Parking Features: Off Street, Paved, Parking Lot

Interior

Bathroom Information
# of Full Bathrooms: 24
# of Half Bathrooms: 24
# of Main Level Bathrooms: 40

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric

Interior Features
Appliances: Dishwasher, Disposal, Range, Refrigerator
Flooring: Carpet

Room Information
Laundry Features: Common Area

Exterior

Exterior Features
Roof: Shingle

Building Information
Above Grade Finished Area: 17,631
Construction Materials: Brick, Vinyl Siding
Foundation Details: Slab

Property Features
Pets Allowed: Yes

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Apartment Complex

Lot Information
Lot Features: Level
Lot Size Dimensions: Irregular
Lot Size Acres: 1.62
Zoning Description: Multi-Family Residential

Financial

Tax Information
Tax Annual Amount: $17,260

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
School District: Dekalb Co. Eastern
Elementary School: Butler
Middle Or Junior School: East Side
High School: Eastside

Location Information
Directions: West on Main Street, North on Beech Street, East on Ivy Street.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: DeKalb County
APN: —

Home facts updated by county records on May 9, 2023

Other

Listing Information
List AOR: Bloomington BOR
AttributionContact: Cell: 812-322-2650

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Dekalb County Eastern Com School District website to verify.

Butler Elementary School

Public K-6 • 1.3mi

4/10

Eastside Junior-Senior High School

Public 7-12 • 0.3mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Butler, IN • 46721

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.6 hours in June and 3.1 hours in December, which is comparable to the U.S. average for solar exposure.

10.6 hrs

3.1 hrs

JuneDecember

Provided by Shadowmap

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Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in 46721

New listings for sale in 46721

NEW 23 HRS AGO

$425,000

4 beds2.5 baths3,032 sq ft

5217 County Road 36a, Butler, IN 46721

$244,900

3 beds2 baths1,354 sq ft

626 Independence St, Butler, IN 46721

$149,900

2 beds1.5 baths1,055 sq ft

415 W Erie St, Butler, IN 46721

Home values near 212 S Ivy Ln

Data from public records.

Address	Redfin Estimate
124 South Ivy Ln, Butler, IN 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$144,063
341 North Park Ln, Butler, IN 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$143,796

Address	Redfin Estimate
203 South Ivy Ln, Butler, IN 3 Beds \| 2 Baths \| 1350 Sq. Ft.	$273,141
333 North Park Ln, Butler, IN 3 Beds \| 1 Baths \| 1288 Sq. Ft.	$164,295

Address	Redfin Estimate
345 North Park Ln, Butler, IN 3 Beds \| 1 Baths \| 936 Sq. Ft.	$149,229
337 North Park Ln, Butler, IN 3 Beds \| 1 Baths \| 960 Sq. Ft.	$136,667

Property information provided by undefined .

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