Google satellite image for 5003 County Road 40, Butler, IN 46721

OFF MARKET

$323,139

•

2 ba

•

1,787

sq ft

5003 County Road 40, Butler, IN 46721

About this home

5003 County Road 40 is a 1,787 square foot house on a 1.5 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Butler data, we estimate the home's value is $323,139.

Single-familyProperty Type

1978Year Built

1.5 acresLot Size

$181Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$323,139

$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.7% higher than the average sale price ($300K) of 6 comparable homes.

SOLD AUG 7, 2026
$325,000
A
3 beds2 baths1,410 sq ft
4511 State Road 8, Auburn, IN 46706
SOLD JUL 31, 2026
$234,900
B
3 beds2 baths1,471 sq ft
4177 US 6 Hwy, Waterloo, IN 46793
SOLD AUG 17, 2026
$240,000
C
3 beds2 baths1,472 sq ft
601 Erie Pass, Auburn, IN 46706
SOLD JUL 17, 2026
$285,000
D
3 beds2 baths1,840 sq ft
110 Navarre Ct, Auburn, IN 46706
SOLD JAN 28, 2026
$305,000
E
3 beds2 baths1,420 sq ft
4485 County Road 41 Rd, Auburn, IN 46706
SOLD MAY 27, 2026
$410,000
F
3 beds2 baths2,323 sq ft
3462 County Road 36, Auburn, IN 46706

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Earn from this home

Rent

$2,773/mo

Redfin rental estimate

List your home for rent

Market trends in 46721, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.3%

1.2% MoM

Median sale price

$172K

$8K MoM

Avg. days on market

26d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

$279,900
3 beds2 baths1,497 sq ft
439 Westward Dr, Butler, IN 46721
OPEN SEP 12, 2PM TO 4PM
$349,000
4 beds1.5 baths2,088 sq ft
7491 County Road 28, Butler, IN 46721
$140,000
3 beds2.5 baths1,888 sq ft
3553 County Road 49 Rd, Butler, IN 46721
See all

Provided by Redfin

Sale history for 5003 County Road 40

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2024

$1,594 (+18.7%)

$35,600 + $295,200

$330,800

2023

$1,344 (−5.9%)

$33,300 + $270,800

$304,100

2022

$1,428 (+24.8%)

$29,500 + $245,500

$275,000

2021

$1,144 (+13.1%)

$27,000 + $203,400

$230,400

2020

$1,012 (−5.7%)

$23,800 + $193,100

$216,900

2019

$1,073 (+39.9%)

$24,600 + $193,100

$217,700

2018

$767 (+2.4%)

$24,600 + $141,700

$166,300

2017

$749 (−8.3%)

$24,600 + $134,500

$159,100

2016

$817 (−10.5%)

$24,600 + $143,500

$168,100

2015

$913 (−24.8%)

$24,600 + $145,300

$169,900

2013

$1,214

$14,000 + $160,500

$174,500

Tax history for 5003 County Road 40

Year

Property tax

Land + Additions

Assessment*

2024

$1,594 (+18.7%)

$35,600 + $295,200

$330,800

2023

$1,344 (−5.9%)

$33,300 + $270,800

$304,100

2022

$1,428 (+24.8%)

$29,500 + $245,500

$275,000

2021

$1,144 (+13.1%)

$27,000 + $203,400

$230,400

2020

$1,012 (−5.7%)

$23,800 + $193,100

$216,900

2019

$1,073 (+39.9%)

$24,600 + $193,100

$217,700

2018

$767 (+2.4%)

$24,600 + $141,700

$166,300

2017

$749 (−8.3%)

$24,600 + $134,500

$159,100

2016

$817 (−10.5%)

$24,600 + $143,500

$168,100

2015

$913 (−24.8%)

$24,600 + $145,300

$169,900

2013

$1,214

$14,000 + $160,500

$174,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Agrcultural District

This district is established for agricultural areas and buildings associated with agricultural production; also allows for some small infusion of non-agricultural single-family detached homes in areas where impact on agriculture and rural character is minimal.

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Housing-Single unit
Fire house
Police station
Communications tower
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Housing-Mobile home park

Property details

Interior

Basement Information
Basement Sq. Ft: 1,787
Basement Type: Full

Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Living Sq. Ft: 1,787
Adjusted Gross Sq. Ft: 3,574
Building Sq. Ft: 4,270
# of Stories: 1
Legal Description: PT W1/2 SE1/4 SECTION 19 TWP 34 RANGE 14 ACRES 1.5000

Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 696
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 65,340
Municipality Name: WILMINGTON TOWNSHIP
Acres: 1.5
County Use Description: SINGLE FAMILY PLATTED LOT

Utility Information
Electricity / Wiring Type: Available

Financial

Assessor Information
Assessment Year: 2024
Tax District County: WILMINGTON TOWNSHIP

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,787
Stories: 1.0
Lot Size: 1.5 acres
Style: Single Family Residential
Year Built: 1978
Year Renovated: 1985
County: DeKalb County
APN: 170719400005000026

Home facts updated by county records on Jul 8, 2026

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.

Waterloo Elementary School

Public PreK-5 • 4.4mi

5/10

Dekalb Middle School

Public 6-8 • 4.6mi

5/10

Dekalb High School

Public 9-12 • 4.6mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

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

Estimated sale price

$307,000 – $372,000

Sell confidently with a local market expert in Butler. 3 minutes to get started.

Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 46721

$279,900

3 beds2 baths1,497 sq ft

439 Westward Dr, Butler, IN 46721

OPEN SEP 12, 2PM TO 4PM

$349,000

4 beds1.5 baths2,088 sq ft

7491 County Road 28, Butler, IN 46721

$140,000

3 beds2.5 baths1,888 sq ft

3553 County Road 49 Rd, Butler, IN 46721

Home values near 5003 County Road 40

Data from public records.

Address	Redfin Estimate
5253 County Road 40, Butler, IN 1 Beds \| 2 Baths \| 798 Sq. Ft.	$80,690
4231 County Road 51, Butler, IN 3 Beds \| 1.5 Baths \| 2016 Sq. Ft.	$350,780

Address	Redfin Estimate
4939 County Road 36A, Butler, IN 4 Beds \| 1 Baths \| 1621 Sq. Ft.	$265,041
4859 County Road 36A, Butler, IN 3 Beds \| 1 Baths \| 1618 Sq. Ft.	$233,217

Address	Redfin Estimate
3894 County Road 49, Butler, IN 3 Beds \| 1.5 Baths \| 1650 Sq. Ft.	$169,145
4947 County Road 42, Auburn, IN 3 Beds \| 2.5 Baths \| 2442 Sq. Ft.	$593,259

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