1501 Butternut Lane Indianapolis, IN $ 243,900
1501 Butternut Lane
$ 243,900
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1501 Butternut Lane

Indianapolis, IN, 46234
$ 243,900
Bedrooms4 Baths2.0 Sq 1,368

Monthly Estimate*

$ 1,685

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Single Family Home for sale in Indianapolis, IN

for $243,900 with 4 bedrooms and 2 full baths. This 1,368 square foot home was built in 1981 on a lot size of 0.23.

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.

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Single Family Active

Price

$ 243,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,004

Style

Traditional

Lot Size

0.23

Year Built

1981

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22098477

Features
Interior
Interior Amenities Eat-in Kitchen
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Total Bedrooms 4
Main Level Bedrooms 1
Total Baths 2
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General
Heating Forced Air 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 N
Property Type Residential
HOA N
Subdivision Name Woodpointe
Garage Y/N Y
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 N
Standard Status Active
Tax Lot 237
Legal Description Woodpointe-Section 6 L237
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Exterior
Parking Features Attached
Water Source Public
Foundation Details Slab
Building Area Total 1368
Lot Size Acres 0.23
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
F.C. Tucker Company

Broker

nina@ninaklemm.com

Email

Affordability Calculator

$2,018
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,685
Monthly Property Taxes
$334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4045008 Elementary School
4045003 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$243,900 -0.41% Price Down
8/17/2026$244,900 -2.00% Price Down
4/30/2026$249,900 Listed Price

Map


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1501 Butternut Lane, Indianapolis, IN, 46234 is a Single Family Home for sale at $243,900 with 1,368 sqft and a lot size of 0.23. 1501 Butternut Lane has 4 bedrooms, 2.0 baths, and was built in 1981. The property's zip code is 46234 which is in Indianapolis, IN