Colony Woods

Governors Lane

Recent Home Sales $391,000 – $950,000 56 home sales in the last 5 years · excludes vacant lots

About the neighborhood

Colony Woods is a single-family neighborhood in Zionsville, one of the larger ones in the area with about 340 homes. Lots average just over half an acre at 0.57 acres, giving most properties a bit of room without sitting on acreage. Zoning here is R-SF-3, consistent with the established single-family character of the community.

Recent activity has been steady, with 61 homes sold in the period on record. Those sales have averaged around $628,296, and the top end of the range reached $950,000, placing Colony Woods firmly in the upper-mid price tier for the market. The neighborhood has a homeowners association, managed by Armour Property Management, with a modest monthly fee of about $19.

Children here attend Pleasant View Elementary School and Zionsville Community High School, both part of Zionsville Community Schools. Given its size, the half-acre lots, the single-family housing, and a price point that lands in the upper-mid range while keeping HOA costs low, Colony Woods tends to suit buyers looking for an established Zionsville address with a little more land, room for a growing family, and predictable, low-overhead ownership.

Location and boundaries

Amenities and features

Nature & Recreation
Utilities & Infrastructure
Utilities
Water: Municipal (Citizens Energy) • Sewer: Municipal (Town of Zionsville)

Housing overview

Home Types
Single Family

Common questions

Recent home sales in Colony Woods have averaged $635,000. That figure is based on 56 finished-home sales recorded in the last five years, and excludes vacant-lot sales.

Yes, Colony Woods has a homeowners association with dues of about $19 per month, managed by Armour Property Management.

Colony Woods is served by Pleasant View Elementary School, Zionsville Middle School, Zionsville Community High School, part of Zionsville Community Schools. This is based on the district's housing-additions list for 2025-26. School assignments are grouped from the Zionsville Community Schools “Housing Additions by School” list and shown by neighborhood — they are a reference, not surveyed boundaries. Zionsville redistricts periodically, so confirm any address directly with Zionsville Community Schools before relying on it.

Homes in Colony Woods

302 Total

95 Williamsburg Ct

Zionsville, IN 46077
4 bd 2.5 ba 3,689 sq ft 1976 1 ac
Last Sold May 2024 $545,000

950 Williamsburg Ln

Zionsville, IN 46077
4 bd 4 ba 2,671 sq ft 1977 1 ac
Assessed Value $546,500

955 Maxwell Ln

Zionsville, IN 46077
4 bd 3.5 ba 3,068 sq ft 1978 1 ac
Last Sold May 2018 $485,000

955 Williamsburg Ln

Zionsville, IN 46077
4 bd 3 ba 2,228 sq ft 1977 1 ac
Assessed Value $397,500

960 Williamsburg Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,638 sq ft 1977
Assessed Value $488,500

965 Maxwell Ln

Zionsville, IN 46077
5 bd 2.5 ba 2,701 sq ft 1980 1 ac
Assessed Value $531,000

970 Maxwell Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,592 sq ft 1978
Assessed Value $446,500

975 Maxwell Ln

Zionsville, IN 46077
4 bd 2.5 ba 3,180 sq ft 1978 1 ac
Assessed Value $509,600

975 Williamsburg Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,104 sq ft 1977 1 ac
Last Sold May 2018 $330,000

980 Maxwell Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,796 sq ft 1978
Assessed Value $506,600

980 Williamsburg Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,654 sq ft 1977 1 ac
Last Sold May 2022 $615,000

985 Maxwell Ln

Zionsville, IN 46077
4 bd 2.5 ba 3,833 sq ft 1979 1 ac
Last Sold Jul 2016 $456,000

990 Maxwell Ln

Zionsville, IN 46077
4 bd 2.5 ba 2,902 sq ft 1979
Assessed Value $566,400

995 Williamsburg Ln

Zionsville, IN 46077
3 bd 2 ba 2,516 sq ft 1977 1 ac
Last Sold Aug 2022 $525,000
Key facts
  • Total Homes 302
  • Established 1976 - 1986
  • Total Acres 193 ac
  • Avg. Lot Size 0.57 ac
  • Avg. Sold Value $635,000
Zoned schools
Elementary school
Pleasant View Elementary School
(317) 873-2376
Middle school
Zionsville Middle School
(317) 873-2426
High school
Zionsville Community High School
(317) 873-3355

Based on the ZCS housing-additions list for 2025-26. School assignments are grouped from the Zionsville Community Schools “Housing Additions by School” list and shown by neighborhood — they are a reference, not surveyed boundaries. Zionsville redistricts periodically, so confirm any address directly with Zionsville Community Schools before relying on it.

See the full attendance map →
HOA details

$19

Per Month

Management: Armour Property Management

317-706-1706

[email protected]

Jurisdiction
  • Town limits Town of Zionsville
  • Zoning R-SF-3
  • Township Eagle
  • Tax Dist. 06006