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1501 Butternut Lane

Indianapolis, IN 46234

ActiveListed Apr 29, 2026 · 100 days on market

Key facts

Beds
4
Baths
2 full
Living area
1,368 sqft
Lot
0.23 acres
Year built
1981
Type
Residential · Single Family Residence
Stories
Tri-level
Garage
1 space
MLS #
22098477
County
Marion
Subdivision
Woodpointe

About this home

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.

Description provided by the listing brokerage.

Interior

Interior features
Eat-in Kitchen
Rooms
8
Main-level bedrooms
1

Exterior

Construction
Vinyl With Brick
Foundation
Slab
Style
Traditional
Parking and garage
Attached

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$4,004 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,648per month, estimated
Principal and interest $1,229Property tax $334Insurance $85
20% · $48,780
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$243,900
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