203 S Ivy Ln, Butler, IN, 46721
About This Home
TAX ABATEMENT FOR NEW BUILDS!!! ASK YOUR AGENT FOR FULL DETAILS. You can save up to $6,000 over 3 years! Welcome home to this beautifully designed, brand new construction, 3-bedroom, 2-bath ranch featuring an open-concept layout and desirable split-bedroom floor plan. Step inside through the oversized foyer and discover a bright, inviting living space perfect for everyday living and entertaining. The kitchen offers stainless steel appliances that remain with the home, a pantry for additional storage, and seamless flow into the dining and living areas. Just off the dining space, you'll find an extra-large 12' x 16' patio overlooking the newly established yard—ideal for outdoor gatherings and relaxing evenings. The private primary suite features a walk-in closet with custom Closet Concepts organization and an en-suite bath complete with a walk-in shower. Both additional bedrooms also offer walk-in closets with Closet Concepts systems installed, providing exceptional storage throughout the home. Built with convenience and efficiency in mind, this Certified Energy Efficient home includes a Recover Smart Thermostat, CAT 6 wiring from the exterior to the interior utility closet, a 50-gallon water heater, and laundry room with additional storage. The front door features built-in mini blinds, while Amish-crafted wood shutters add timeless curb appeal. The attached garage is insulated, painted, and fully trimmed, featuring a MyQ Wi-Fi garage door opener, keypad entry, and the convenience of all doors being keyed alike. The range and dryer are plumbed for both gas and electric options, offering flexibility for future owners. Situated on an oversized lot, this property offers the rare opportunity for a future second garage or outbuilding, subject to city approval and codes. Combining thoughtful upgrades, modern conveniences, and room to grow, this home is truly move-in ready!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Electric Range
- Laundry features: Electric Dryer Hookup,Main Level
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Features
- 1st Bdrm En Suite,Cathedral Ceiling(s),Eat-in Kitchen
- Flooring: Carpet,Laminate
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,350
Heating & Cooling
- Heating features: Propane,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,350
- Total interior livable area: 1,350 sqft
Kitchen
- Level: Main
- Area: 176
Living Room
- Level: Main
- Area: 224
Property
Details
- Parcel number: 170701326029.000027
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Lot size: 7,396 sqft
- Features: Level,City/Town/Suburb
- Lot size dimensions: 74 X 100
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,415 | $16,980 |
| Home Insurance * | $216 | $2,592 |
| Property Taxes | $142 | $1,704 |
| Electricity | $184 | $2,212 |
| Total | $1,957 | $23,484 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $279,900 |
| 2026-07-24 | Price change | $284,900 |
| 2026-06-29 | Price change | $289,900 |
| 2026-05-29 | Listed for sale | $294,900 |
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