1517 Butler Ave
Indianapolis, IN 46203
2 bd 1 ba 870 sqft Built 1951 Lot 24,394 sqft single_family
Most recent sale
$36,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $36,000 | Public Record |
| May 10, 2022 | Sold | $36,000 | MIBOR |
| May 5, 2022 | Listed | $36,000 | MLS #21853406 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $35,500 | $30,300 | $65,800 | $380 |
| 2024 | $34,500 | $30,300 | $64,800 | $564 |
| 2023 | $34,500 | $30,300 | $64,800 | $543 |
| 2022 | $47,600 | $30,300 | $77,900 | $740 |
| 2021 | $47,600 | $30,300 | $77,900 | $647 |
| 2020 | $50,800 | $30,300 | $81,100 | $648 |
| 2019 | $49,200 | $18,400 | $67,600 | $518 |
| 2018 | $37,200 | $18,400 | $55,600 | $425 |
| 2017 | $32,500 | $18,400 | $50,900 | $372 |
| 2016 | $36,000 | $18,400 | $54,400 | $414 |
| 2015 | $35,200 | $18,400 | $53,600 | $297 |
| 2014 | $34,500 | $18,400 | $52,900 | $314 |
| 2013 | $34,500 | $18,400 | $52,900 | $343 |
| 2012 | $40,000 | $18,400 | $58,400 | $362 |
| 2011 | $33,800 | $28,300 | $62,100 | $339 |
| 2010 | $33,800 | $28,300 | $62,100 | $212 |
| 2008 | $35,500 | $14,100 | $49,600 | $363 |
| 2006 | $35,100 | $14,100 | $49,200 | $508 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
870 sqft
Lot size
24,394 sqft
ZIP code
46203
City
Indianapolis
Street
Butler Ave
Coordinates
39.74741, -86.07920
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$216
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1517 Butler Ave last sell?
1517 Butler Ave most recently sold on May 18, 2022 for $36,000.
What is the current tax assessment for 1517 Butler Ave?
The most recent total assessment for 1517 Butler Ave (year 2025) is $65,800 with $380 in property tax.
How does 1517 Butler Ave's assessment compare to its last sale price?
The current assessment is 82.8% above the last sale price of $36,000.
When was 1517 Butler Ave built?
1517 Butler Ave was built in 1951.
How does 1517 Butler Ave compare to others on Butler Ave?
We track 8 other properties on Butler Ave. Browse the list under "Other properties on Butler Ave" to compare beds, baths, and sale history.
What are the property facts for 1517 Butler Ave?
1517 Butler Ave is a 2 bed, 1 bath, 870 sqft, 24,394 sqft lot single_family.
Is 1517 Butler Ave a flip candidate?
No — 1517 Butler Ave does not appear in our flips dataset.
Is 1517 Butler Ave a tax-appeal candidate?
Yes — 1517 Butler Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$280.5K
2026 Q4
$284.1K
ZIP 46203 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Butler Ave