OFF MARKET

Off Market Oct 2023 for $395K

$409,414

•

1,730

sq ft

5474 CR 40 Rd, Butler, IN 46721

About this home

IF YOUR LOOKING FOR COUNTRY LIVING WITH ALL THE AMENITIES, LOOK NO FURTHER!! This three bdrm. ranch on 2.44 acres is immaculate! Professional landscaping surrounds the house and permeates throughout the backyard where you can enjoy one of two deck areas and the hot tub or gazebo. The house has two outbuildings(20x32 (8x12) and a fenced yard. The home is geothermal. A/C and water heater are newer(less than 5 years old) You really need to see the home to appreciate the updates and improvements: Screened in front porch, all new flooring, paint, counter tops, back splash, bar area, light fixtures, gazebo, hot tub, just to mention a few. EVERYTHING IN THE HOUSE IS FOR SALE!! If you want it furnished, we can work it out! Don't miss out on this very unique opportunity to enjoy the serenity, privacy and wildlife!

Single-familyProperty Type

2002Year Built

2.44 acresLot Size

$237Est. Price/Sq.Ft.

2 car garageParking

Listed by Ronald Wilson • Wilson #1 Realty, LLC

Bought with Alice Fitzpatrick-Welch • Coldwell Banker Real Estate Group

Redfin checked: a few seconds ago

•Source:IRMLS #202332800

Redfin Estimate

$409,414

$14K since sold in October 2023$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 38.5% higher than the average sale price ($296K) 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 JAN 28, 2026
$305,000
B
3 beds2 baths1,420 sq ft
4485 County Road 41 Rd, Auburn, IN 46706
SOLD JUL 22, 2026
$180,000
C
3 beds2 baths1,260 sq ft
608 W Liberty St, Butler, IN 46721
SOLD JUN 18, 2026
$450,000
D
3 beds2 baths1,512 sq ft
4918 County Road 48, Auburn, IN 46706
SOLD AUG 28, 2026
$240,000
E
3 beds2 baths1,273 sq ft
605 Independence St, Butler, IN 46721
SOLD MAY 4, 2026
$273,500
F
3 beds2 baths1,577 sq ft
1404 Virginia Ln, Auburn, IN 46706

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Earn from this home

Rent

$2,880/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 5474 CR 40 Rd

Date

Event

Price

IRMLS #202332800

Oct 4, 2023

Sold

$395,000

$228/sq ft

Sep 15, 2023

Pending

—

Sep 9, 2023

Listed

$395,000

$228/sq ft

IRMLS #202113058

Jun 7, 2021

Sold

$277,000

$160/sq ft

Apr 18, 2021

Listed

$259,900

$150/sq ft

+31

Beautiful landscaping surrounds this well maintained ranch situated on 2.44 acres. Enjoy the view from either of the 2 Veranda decks or enjoy your summer days out front in the screened in porch. Newer Furnace and water heater, and Leaf guard on back of house. Plenty of work room or storage in the 24x32 pole building w a 12x32 lean to. There is a potential for a 3rd bedrosom. The dining room was to be the 3rd bedroom. (please check under area rug in the dining room. It has different flooring) The entrance to the hallway can easily be opened up. Anderson windows. 2 outside water spigots and 2 hydrants. 10 ft. ceilings in GR, DR, Foyer, and Den. 9 ft. ceilings throughout the rest of the house. Freezer chest in the garage stays. The upright freezer in the garage does NOT stay. * Seller will be taking shelves in Dining room and small bedroom. * * Pictures are from summer 2016 to show the beautiful landscaping!

IRMLS #201626778

Jun 10, 2016

Listed

$234,900

$136/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$1,604 (+20.6%)

$40,500 + $296,200

$336,700

2023

$1,330 (−10.5%)

$37,800 + $265,200

$303,000

2022

$1,485 (+68.7%)

$33,500 + $244,800

$278,300

2021

$881 (+10.2%)

$30,800 + $214,300

$245,100

2020

$799 (−6.3%)

$27,300 + $206,400

$233,700

2019

$853 (+36.3%)

$27,300 + $208,700

$236,000

2018

$626 (+1.6%)

$27,300 + $152,500

$179,800

2017

$616 (−5.2%)

$27,300 + $147,500

$174,800

2016

$650 (−7.3%)

$27,300 + $152,300

$179,600

2015

$701 (−19.7%)

$27,300 + $155,500

$182,800

2013

$873

$16,600 + $171,000

$187,600

Tax history for 5474 CR 40 Rd

Year

Property tax

Land + Additions

Assessment*

2024

$1,604 (+20.6%)

$40,500 + $296,200

$336,700

2023

$1,330 (−10.5%)

$37,800 + $265,200

$303,000

2022

$1,485 (+68.7%)

$33,500 + $244,800

$278,300

2021

$881 (+10.2%)

$30,800 + $214,300

$245,100

2020

$799 (−6.3%)

$27,300 + $206,400

$233,700

2019

$853 (+36.3%)

$27,300 + $208,700

$236,000

2018

$626 (+1.6%)

$27,300 + $152,500

$179,800

2017

$616 (−5.2%)

$27,300 + $147,500

$174,800

2016

$650 (−7.3%)

$27,300 + $152,300

$179,600

2015

$701 (−19.7%)

$27,300 + $155,500

$182,800

2013

$873

$16,600 + $171,000

$187,600

*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

2 Acres

Year renovated

2007

Sq. Ft.

1,939

Year built

2002

Style

Single Family Residential

County

DeKalb County

APN

170729200017000026

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: 2
Parking Features: Off Street, Attached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Geothermal
Has Heating
Heating: Geothermal

Interior Features
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Living Room

Room Information
# of Rooms Total: 7
Laundry Features: Main Level

Exterior

Building Information
Above Grade Finished Area: 1,730
# of Stories Total: 1
Construction Materials: Brick, Vinyl Siding
Foundation Details: Slab

Property Features
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: 106.286 x 106.286
Lot Size Acres: 2.44

Financial

Tax Information
Tax Annual Amount: $752

Utilities

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

Location

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

Location Information
Directions: C.R. 40 East, just past C.R. 53
Subdivision Name: None

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,939
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2007
County: DeKalb County
APN: 170729200017000026

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
List AOR: Upstate Alliance of REALTORS

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 • 4.1mi

4/10

Eastside Junior-Senior High School

Public 7-12 • 4.9mi

8/10

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

3/10 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

$389,000 – $471,000

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

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Home values near 5474 CR 40 Rd

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
5311 County Road 40, Butler, IN 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$187,545

Address	Redfin Estimate
5584 County Road 40, Butler, IN 3 Beds \| 2 Baths \| 1472 Sq. Ft.	$281,334
5253 County Road 40, Butler, IN 1 Beds \| 2 Baths \| 798 Sq. Ft.	$80,690

Property information provided by IRMLS when last listed in 2023. This data may not match . Learn more.

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