OFF MARKET

Off Market Mar 2020 for $130K

$216,390

•

1,718

sq ft

5401 CR 40, Butler, IN 46721

About this home

NICE-NICE-NICE This newly remodeled, stick built, 3 bedroom, ranch home is situated between Auburn and Butler, and within 2 miles of all the steel mills in Butler. The country setting and a 3 car attached garage (30x24) with a concrete drive, will impress the new owner! A new deck was just added out back and there are 2 sheds for outdoor storage. This 1718 sq. ft. home has a huge eat-in kitchen, with oak cabinets, and great accent lighting. The living room is huge. .. just huge! A 2nd dining area or computer area could be in the living room too! There is lighting to support a work area. The master bedroom has a walk-in closet and is separated from the other 2 bedrooms. New carpeting and fresh paint has been completed! Moving in will be fun and easy! A new elaborate front door was just installed too! There is an underground storm cellar with access in the laundry room. This home has a great back yard for family and friends!

Single-familyProperty Type

1900Year Built

0.5 acresLot Size

$126Est. Price/Sq.Ft.

3 car garageParking

Listed by Lisa Furniss • Lakefront Real Estate

Bought with Rick Brown • Brown & Co Realty-Auctions, Inc.

Redfin checked: 3 minutes ago

•Source:IRMLS #202001429

Redfin Estimate

$216,390

$86K since sold in March 2020$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.1% higher than the average sale price ($208K) of 6 comparable homes.

SOLD FEB 19, 2026
$215,000
A
3 beds1 bath1,424 sq ft
5514 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 DEC 12, 2025
$270,000
C
4 beds1 bath1,621 sq ft
4939 County Road 36a, Butler, IN 46721
SOLD JUL 8, 2026
$240,000
D
3 beds1 bath1,224 sq ft
5283 County Road 59 Rd, Auburn, IN 46706
SOLD MAR 25, 2026
$103,000
E
3 beds1 bath1,424 sq ft
116 E Willow St, Butler, IN 46721
SOLD AUG 18, 2026
$184,000
F
4 beds2 baths1,618 sq ft
309 W Oak St, Butler, IN 46721

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Earn from this home

Rent

$2,246/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 5401 CR 40

Year

Property tax

Land + Additions

Assessment*

2024

$433 (+65.1%)

$22,200 + $142,900

$165,100

2023

$262 (−2.4%)

$20,700 + $119,200

$139,900

2022

$268 (+89.5%)

$18,400 + $108,200

$126,600

2021

$142 (+45.7%)

$16,700 + $89,500

$106,200

2020

$97 (+51.7%)

$14,700 + $85,000

$99,700

2019

$64 (−23.0%)

$16,500 + $85,000

$101,500

2018

$83 (+1.3%)

$16,500 + $60,800

$77,300

2017

$82 (+15.7%)

$16,500 + $58,100

$74,600

2016

$71

$16,500 + $58,900

$75,400

2015

$71 (−28.3%)

$16,500 + $59,600

$76,100

2013

$99

$8,500 + $63,900

$72,400

Tax history for 5401 CR 40

Year

Property tax

Land + Additions

Assessment*

2024

$433 (+65.1%)

$22,200 + $142,900

$165,100

2023

$262 (−2.4%)

$20,700 + $119,200

$139,900

2022

$268 (+89.5%)

$18,400 + $108,200

$126,600

2021

$142 (+45.7%)

$16,700 + $89,500

$106,200

2020

$97 (+51.7%)

$14,700 + $85,000

$99,700

2019

$64 (−23.0%)

$16,500 + $85,000

$101,500

2018

$83 (+1.3%)

$16,500 + $60,800

$77,300

2017

$82 (+15.7%)

$16,500 + $58,100

$74,600

2016

$71

$16,500 + $58,900

$75,400

2015

$71 (−28.3%)

$16,500 + $59,600

$76,100

2013

$99

$8,500 + $63,900

$72,400

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

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.5 Acres

Year renovated

1975

Sq. Ft.

1,503

Year built

1900

Style

Single Family Residential

County

DeKalb County

APN

170720400003000026

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

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

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 3
Parking Features: Garage Door Opener, Concrete, Garage, Attached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1

Heating & Cooling
Cooling: None
Has Heating
Heating: Propane, Forced Air

Interior Features
Interior Features: Walk-In Closet(s), Eat-in Kitchen, Open Floorplan
Appliances: Gas Oven, Gas Range, Dryer

Room Information
# of Rooms Total: 6
Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
Basement Details: Crawl Space

Exterior

Exterior Features
Patio And Porch Features: Deck
Roof: Metal

Building Information
Above Grade Finished Area: 1,718
# of Stories Total: 1
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter

Property Features
Security Features: Security System
Other Structures: Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Level
Lot Size Dimensions: 150 x 150
Lot Size Acres: 0.5

Financial

Tax Information
Tax Annual Amount: $83.24

Utilities

Utility Information
Water Source: Private, Well
Sewer: Private Sewer

Location

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

Location Information
Directions: From Butler, go W on ST RD 6, S on 61 (Steel mill by-pass), W on 40. From Auburn go E on CR 40A (by hospital), and it changes to CR 40.
Subdivision Name: None

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,503
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1975
County: DeKalb County
APN: 170720400003000026

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
List AOR: Northeastern Indiana AOR

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 • 4.2mi

4/10

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

3/10 Air Factor

2 unhealthy days expected this year, 3 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

$206,000 – $249,000

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

Nearby similar homes

$255,000

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2113 State Road 1, Butler, IN 46721

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6625 W State Road 1, Hamilton, IN 46742

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203 S Ivy Ln, Butler, IN 46721

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3553 County Road 49 Rd, Butler, IN 46721

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3 beds2 baths1,800 sq ft

3321 County Road 10 Rd, Waterloo, IN 46793

$434,900

4 beds2.5 baths2,744 sq ft

203 Steeplechase Dr, Auburn, IN 46706

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 5401 CR 40

Data from public records.

Address	Redfin Estimate
5512 County Road 40, Butler, IN 3 Beds \| 2 Baths \| 2880 Sq. Ft.	$354,847
5568 County Road 40, Butler, IN 1 Beds \| 1 Baths \| 1088 Sq. Ft.	$222,590

Address	Redfin Estimate
5276 County Road 40, Butler, IN 1 Beds \| 1.5 Baths \| 2392 Sq. Ft.	$308,856
5474 County Road 40, Butler, IN 3 Beds \| 2 Baths \| 1730 Sq. Ft.	$409,414

Address	Redfin Estimate
5584 County Road 40, Butler, IN 3 Beds \| 2 Baths \| 1472 Sq. Ft.	$281,334
5311 County Road 40, Butler, IN 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$187,545

Property information provided by IRMLS when last listed in 2020. This data may not match . Learn more.

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