5401 Co Rd 40, Butler, IN 46721 Property Records

DeKalb County property record for 5401 Co Rd 40, Butler, IN 46721

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,503 sqft · built 1975
Lot Size	0.5 acres (21,780 sqft)
Owner	2 Individual Names on File
Last Sale	$77,800 (Nov 2019)
Tax Bill	$465 (2025)
Deeds & Mortgages	Mar 2020 Sale Nov 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-07-20-400-003.000-026`

Property Details

APN / Parcel Number

Primary APN	`17-07-20-400-003.000-026`
Alternative APN	`150720400003`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,503 sqft Living Area
1st Floor Area	1,503 sqft

Exterior

Year Built	Built 1975
Effective Year Built	Effective 1975
Construction Type	Wood
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	21,780 sqft (0.5 acres)
Garage Type	Attached
Garage Area	720 sqft
Parking Spaces	3 Parking Spaces
Shed	1 Shed
Shed Area	64 sqft

Utilities, Heating & Cooling

Heating System	Central

Location & Zoning

Account Number	150720400003
Street Address	5401 COUNTY ROAD 40
City	BUTLER
State	IN
Zip	46721-9504
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT W1/2 SE1/4 SECTION 20 TWP 34 RANGE 14 ACRES 0.5000
Jurisdiction	DE KALB IN
Township / Civil Division	WILMINGTON
Census Block Group	4
Census Block	4057
Census Tract	20300

Owner

5401 Co Rd 40 is owned and occupied by two individuals who acquired it in February 2026.

Source: DeKalb County records, as of October 13, 2026

Owner of Record	2 Individual Names on File
Mailing Address	5401 COUNTY ROAD 40, BUTLER, IN 46721-9504
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Life Estate

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 10, 2020	Warranty Deed, Subdivision Related Transfer
Nov 22, 2019	Personal Representative Deed, Transfer · Commercial Mortgage FARMERS STATE BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 22, 2019 · Amount on File
Deed Sale	Nov 22, 2019 · Amount on File
Deed Document Number	20196031
Last Transfer Date	Feb 13, 2026
Transfer Doc	0000000679
Record Updated	Oct 29, 2026

March 2020: Warranty Deed, Subdivision Related Transfer

Document Type	Warranty Deed
Jurisdiction	DE KALB IN
Recording Date	Mar 10, 2020
Property Address	5401 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0202001278
Instrument Date	Mar 9, 2020
Instrument	202001278
Transaction Type	Subdivision Related Transfer
Record Updated	Jun 9, 2023

Transaction

Amount	Amount on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5401 COUNTY ROAD 40, BUTLER, IN 46721-9504

November 2019: Personal Representative Deed, Transfer

Document Type	Personal Representative Deed
Jurisdiction	DE KALB IN
Recording Date	Nov 22, 2019
Property Address	5401 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0201906031
Instrument Date	Nov 21, 2019
Instrument	201906031
Transaction Type	Transfer
Record Updated	Jun 9, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5730 S STATE ROAD 1, HAMILTON, IN 46742-9523

Mortgage

Document Number	0201906032
Date	Nov 22, 2019
Instrument	201906032

Lender

Name	FARMERS STATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	12 Months
Due	Nov 21, 2020

Tax Assessment & Valuation

The 2025 property tax bill for 5401 Co Rd 40 was $465, up 7.6% from the year before.

Source: DeKalb County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	DeKalb County
County Subdivision	Wilmington Township
Unified School District	DeKalb County Eastern Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$465.00 (+7.64%)	$178,000 Land $24,400 Building $153,600	$178,000 Land $24,400 Building $153,600
2024	$432.00 (+64.89%)
2023	$262.00 (-5.76%)	$139,900 (+10.51%) Land $20,700 Building $119,200	$139,900 (+10.51%) Land $20,700 Building $119,200
2022	$278.00	$126,600 Land $18,400 Building $108,200	$126,600 Land $18,400 Building $108,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5401 Co Rd 40 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective July 27, 2018

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 5401 Co Rd 40 is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 78% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 8 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Lakeland Internet Fixed Wireless	500 / 100
Watch TV Fixed Wireless	100 / 20
Verizon Fixed Wireless	25 / 6
MetaLINK Technologies Fixed Wireless	25 / 5

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Co Rd 40

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