5474 Co Rd 40, Butler, IN 46721 Property Records

DeKalb County property record for 5474 Co Rd 40, Butler, IN 46721

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 1,939 sqft · built 2002
Lot Size	2 acres (87,120 sqft)
Owner	Individual Name on File
Last Sale	$214,529 (Dec 2025)
Tax Bill	$1,240 (2025)
Deeds & Mortgages	Jun 2024 Line of Credit Dec 2025 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`17-07-29-200-017.000-026`

Property Details

APN / Parcel Number

Primary APN	`17-07-29-200-017.000-026`
Alternative APN	`150729200017`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,939 sqft Living Area
1st Floor Area	1,939 sqft
Family Room	Family Room

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2007
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	87,120 sqft (2 acres)
Garage Type	Attached
Garage Area	624 sqft
Parking Spaces	2 Parking Spaces
Shed	1 Shed
Shed Area	100 sqft

Utilities, Heating & Cooling

Heating System	Solar

Location & Zoning

Account Number	150729200017
Street Address	5474 COUNTY ROAD 40
City	BUTLER
State	IN
Zip	46721-9504
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	BEN & JO'S ACRES LOT 1 ACRES 2.00
Legal Subdivision	MAYERKNOLL ADDITION
Legal Lot Number	1
Jurisdiction	DE KALB IN
Township / Civil Division	WILMINGTON
Census Block Group	4
Census Block	4064
Census Tract	20300

Owner

5474 Co Rd 40 is owned and occupied by an individual who bought it in December 2025.

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

Owner of Record	Individual Name on File
Mailing Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Occupancy	Owner Occupied
Owner Type	Individual

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
Jun 5, 2024	Deed of Trust, Mortgage · Line of Credit PROFED FCU
Dec 11, 2025	Intrafamily Transfer, Transfer · Conventional Mortgage FARMERS STATE BANK
Dec 5, 2023	Warranty Deed, Transfer · Conventional Mortgage GENEVA FINANCIAL LLC
Jun 8, 2021	Warranty Deed, Transfer · Conventional Mortgage RUOFF MORTGAGE COMPANY INC
Feb 19, 2021	Warranty Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 11, 2025 · Amount on File
Deed Sale	Dec 11, 2025 · Amount on File
Prior Sale	Dec 5, 2023 · Amount on File
Deed Document Number	20256613
Prior Transfer Date	Dec 2, 2025
Prior Transfer Doc	0202506613
Record Updated	Oct 29, 2026

June 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DE KALB IN
Property Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Transaction Type	Mortgage
Record Updated	Dec 25, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202402619
Date	Jun 5, 2024
Instrument	202402619

Lender

Name	PROFED FCU
Type	Credit Union
Address	1710 SAINT JOE RIVER DR, FORT WAYNE, IN 46805

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	239 Months
Due	May 28, 2044

Interest

Change Frequency	Monthly

December 2025: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	DE KALB IN
Recording Date	Dec 11, 2025
Property Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0202506613
Map Reference	REC 10 PG 130
Instrument Date	Dec 2, 2025
Instrument	202506613
Transaction Type	Transfer
Record Updated	Dec 25, 2025

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504

Mortgage

Document Number	0202506614
Date	Dec 11, 2025
Instrument	202506614

Lender

Name	FARMERS STATE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.95%
Adjustable	Adjustable Rate Rider
Type Change Date	Jan 1, 2029
Change Frequency	6 Months
Min Rate At Change	3.95%
Max Rate At Change	7.95%
Index	3-Year CMT
Max Rate	11.9%

December 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DE KALB IN
Recording Date	Dec 5, 2023
Property Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0202306064
Map Reference	PL 10 PG 130
Instrument Date	Oct 4, 2023
Instrument	202306064
Transaction Type	Transfer
Record Updated	Dec 22, 2023
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TTL CO LLC

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504

Mortgage

Document Number	0202306065
Date	Dec 5, 2023
Instrument	202306065

Lender

Name	GENEVA FINANCIAL LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	359 Months
Due	Nov 1, 2053

June 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DE KALB IN
Recording Date	Jun 8, 2021
Property Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0202104184
Map Reference	PL 10 PG 130
Instrument Date	Jun 7, 2021
Instrument	202104184
Transaction Type	Transfer
Record Updated	Feb 7, 2023
Title Company	MERIDIAN TITLE CORPORATION

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504

Mortgage

Document Number	0202104185
Date	Jun 8, 2021
Instrument	202104185

Lender

Name	RUOFF MORTGAGE COMPANY INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jul 1, 2051

February 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DE KALB IN
Recording Date	Feb 19, 2021
Property Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504
Document Number	0202101268
Map Reference	PL 9 PG 26
Instrument Date	Feb 12, 2021
Instrument	202101268
Transaction Type	Transfer
Record Updated	Feb 7, 2023

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5474 COUNTY ROAD 40, BUTLER, IN 46721-9504

Tax Assessment & Valuation

The 2025 property tax bill for 5474 Co Rd 40 was $1,240, down 41.2% 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	$1,240.00 (-41.2%)	$357,800 (+6.27%) Land $44,300 Building $313,500	$357,800 (+6.27%) Land $44,300 Building $313,500
2024	$2,109.00 (+54.85%)	$336,700 (+11.12%) Land $40,500 Building $296,200	$336,700 (+11.12%) Land $40,500 Building $296,200
2023	$1,362.00 (-8.9%)	$303,000 (+8.88%) Land $37,800 Building $265,200	$303,000 (+8.88%) Land $37,800 Building $265,200
2022	$1,495.00	$278,300 Land $33,500 Building $244,800	$278,300 Land $33,500 Building $244,800

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

Flood

FEMA maps place 5474 Co Rd 40 in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

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

Wildfire

The area around 5474 Co Rd 40 has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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 5 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Lakeland Internet Fixed Wireless	500 / 100
MetaLINK Technologies Fixed Wireless	200 / 50
Watch TV Fixed Wireless	100 / 20
Verizon Fixed Wireless	25 / 6

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Co Rd 40

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