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3918 Butler Ave

Indianapolis, IN 46226

3 bd 2 ba 1,156 sqft Built 1960 Lot 2,221,560 sqft single_family
Most recent sale
$148,755
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $148,755 Public Record
Aug 23, 2022 Sold $150,000 MIBOR
Jul 13, 2022 Price changed $154,900 MLS #21864644
Jul 3, 2022 Price changed $159,900 MLS #21864644
Jun 27, 2022 Listed $164,500 MLS #21864644
Jan 13, 2017 Listing removed $775 AppfolioUnits
Jul 13, 2016 Listed for rent $775 AppfolioUnits
Apr 10, 2012 Sold $54,000 Public Record
Feb 23, 2012 Listing removed $24,000 MIBOR
Jan 18, 2012 Listed $24,000 MLS #21156738

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,200 $9,200 $141,400 $1,487
2024 $95,200 $9,200 $104,400 $1,060
2023 $97,400 $9,200 $106,600 $1,049
2022 $39,100 $9,200 $48,300 $801
2021 $39,100 $9,200 $48,300 $1,215
2020 $40,500 $3,800 $44,300 $1,125
2019 $45,700 $3,800 $49,500 $1,265
2018 $53,200 $3,800 $57,000 $1,238
2017 $49,300 $3,800 $53,100 $1,216
2016 $47,400 $3,800 $51,200 $1,151
2015 $46,200 $3,800 $50,000 $1,095
2014 $45,400 $3,800 $49,200 $1,059
2013 $45,400 $3,800 $49,200 $1,021
2012 $60,400 $3,800 $64,200 $434
2011 $59,400 $10,300 $69,700 $446
2010 $59,400 $10,300 $69,700 $400
2008 $59,400 $10,300 $69,700 $518
2006 $68,100 $10,300 $78,400 $467

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,156 sqft
Lot size
2,221,560 sqft
ZIP code
46226
City
Indianapolis
Street
Butler Ave
Coordinates
39.82802, -86.08078

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,734
Gross rental yield
13.99%
Implied cap rate
9.09%
Trend-extrapolated value

Frequently asked questions

When did 3918 Butler Ave last sell?
3918 Butler Ave most recently sold on Aug 26, 2022 for $148,755.
What is the current tax assessment for 3918 Butler Ave?
The most recent total assessment for 3918 Butler Ave (year 2025) is $141,400 with $1,487 in property tax.
How does 3918 Butler Ave's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $148,755.
When was 3918 Butler Ave built?
3918 Butler Ave was built in 1960.
How does 3918 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 3918 Butler Ave?
3918 Butler Ave is a 3 bed, 2 bath, 1,156 sqft, 2,221,560 sqft lot single_family.
Is 3918 Butler Ave a flip candidate?
No — 3918 Butler Ave does not appear in our flips dataset.
Is 3918 Butler Ave a tax-appeal candidate?
No — 3918 Butler Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.9%
2026 Q2
$157K
2026 Q3
$144.6K
ZIP 46226 — Median Price History + Forecast

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