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Rural ResidenceResidential
$484,835$215 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

5350 COUNTY ROAD 40

BUTLER, IN 46721
3
Beds
2
Baths
2,258 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
93.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1965
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$485K
$454K low$516K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,225 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$421,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$188,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$233,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$395,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$421,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.40
47
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
69
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
3
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.23 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyDEKALB
Lot (acres)The size of the land the home sits on, from county records.93.28
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 46721These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.130
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.5,416
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.67 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,396
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$78,344
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5350 County Road 40 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 96% of homes in Butler 46721
  • Costs more per square foot than 87% of homes in Butler 46721
  • Bigger than 88% of homes in Butler 46721
  • Among the largest lots in Butler 46721

What homes are worth in Butler 46721

Each bar is how many homes fall in that price range. The marker is this home.

This home
$65K$528K

This home is worth more than 96% of homes in Butler 46721.

How it measures up in Butler 46721

The dot is this home. The mark in the middle is the typical home in Butler 46721.

Estimated value$484,835
CheaperTypical $192,858Pricier

Pricier than 96% of homes nearby

Price per ft²$215
CheaperTypical $129Pricier

Pricier than 87% of homes nearby

Living area2,258 ft²
SmallerTypical 1,560 ft²Bigger

Bigger than 88% of homes nearby

Lot size93.28 ac
SmallerTypical 0.54 acBigger

Bigger than almost all homes nearby

Year built1965
OlderTypical 1970Newer

Newer than 43% of homes nearby

How 5350 County Road 40 ranks against every home in each area.
MeasureThis homeButler 46721DeKalb County
Estimated valuepricier than$484,83596% of homes91% of homes
Price per ft²pricier than$21587% of homes83% of homes
Living areabigger than2,258 ft²88% of homes83% of homes
Lot sizebigger than93.28 acalmost all homesalmost all homes
Year builtnewer than196543% of homes38% of homes

About 5350 County Road 40

How much is 5350 County Road 40, Butler, IN worth?

The TopHap Estimate for 5350 County Road 40, Butler, IN is $484,835 as of Aug 30, 2026. The likely range is $453,527 to $516,143. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5350 County Road 40, Butler, IN last sell?

5350 County Road 40, Butler, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5350 County Road 40, Butler, IN?

5350 County Road 40, Butler, IN has 3 bedrooms, 2 bathrooms, 2,258 square feet of living space and a 93.28-acre lot.

When was 5350 County Road 40, Butler, IN built?

5350 County Road 40, Butler, IN was built in 1965, making it 61 years old. The building has 1 story.

How does 5350 County Road 40, Butler, IN compare to other homes in Butler 46721?

Among the 1,865 homes in Butler 46721, it is worth more than 96% of them ($484,835 against a typical $192,858), its price per square foot is higher than 87% of them ($215 against a typical $129), it is bigger than 88% of them (2,258 ft² against a typical 1,560 ft²), its lot is bigger than almost all of them (93.28 ac against a typical 0.54 ac) and it is newer than 43% of them (1965 against a typical 1970). Measured against all of DeKalb County, it is worth more than 91% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5350 County Road 40, Butler, IN?

The 2025 property tax bill for 5350 County Road 40, Butler, IN was $3,225. The county assessed it at $421,100.

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