1501 Butternut Lane

Indianapolis, IN
$ 244,900 Beds 4 Baths 2 Sq 1,368
Monthly Estimate* How much can I afford?

Welcome home to this updated tri-level offering the perfect blend of space, style, and flexibility. Featuring 4 bedrooms, 2 full baths, and multiple living areas, this move-in ready home provides room to fit your lifestyle. Step inside to a bright and inviting main level highlighted by updated tile flooring, neutral finishes, and an open, airy feel. The spacious living area flows into the kitchen and dining space, where updated cabinetry, countertops, and hardware create a fresh, modern look with everyday functionality. The versatile tri-level layout offers ideal separation of space, while the lower level can easily serve as a fourth bedroom, family room, playroom, or guest retreat. Outside, enjoy a fully fenced backyard with space to relax or entertain. Conveniently located, this updated tri-level combines flexible living space, modern finishes, and everyday functionality.

Active

  • Price
  • $ 244,900
  • City
  • Indianapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Wayne
  • Lot Size
  • 0.23 Acres
  • Zip
  • 46234
  • Sqr Footage
  • 1,368
  • Year Built
  • 1981
  • Taxes
  • $ 4004
  • Style
  • Traditional
  • MLS#
  • 22098477
Listed By: Nina Klemm with F.C. Tucker Company;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances None
Garage Spaces 1
Architectural Style Traditional
Construction Materials Vinyl With Brick
Year Built 1981
Township Wayne
Levels Tri-Level
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Woodpointe
Garage Y/N Yes
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 10019
Property Attached Y/N No
Standard Status Active
Tax Lot 237
Legal Description Woodpointe-Section 6 L237

Interior Features

Interior Amenities Eat-in Kitchen
Basement (Y/N) No
Total Bedrooms 4
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Parking Features Attached
Water Source Public
Foundation Details Slab
Building Area Total 1368
Lot Size Acres 0.23
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/30/2026 Listed $249,900
8/17/2026 3% - $244,900

Property vs Zip Code Average in 46234

Price
AVG $530K
$240K
Taxes
AVG $4,903
$4,004
Year Built
AVG 1994
1981
Visits
AVG 78
173
Data Provided by Inside Real Estate®

1501 Butternut Lane Indianapolis, IN is a Single Family Home for sale at $244900 with 1368 sqft and a lot size of 0.23 Acres Acre(s). 1501 Butternut Lane Indianapolis has 4 bedrooms, 2 baths and was built in 1981. The property's zip code is 46234 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.