40 Raintree Dr

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Raintree Place

Estimated value today

$955,000

Likely range $878,000 – $1,031,000

Last Sold May 2015: $452,500

How estimates work

Property Features

4
Bedrooms
3.5
Bathrooms
4,390
Sq Ft Total
1976
Year Built
  • Lot Size 0.490 acres
  • Above Grade 3,083 sq ft
  • Basement 1,307 sq ft, unfinished
  • Finished Area 3,083 sq ft
  • Garage 2-car attached, 600 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B+1
  • Condition Average

Sales History

Date Event Price
May 29, 2015 Sale $452,500
Jun 29, 2010 Sale $425,000
Recorded sale prices from public records. Not every transfer is captured. Every recorded sale on Raintree Dr →

Tax & Assessment

  • Parcel ID 060401000004009006
  • Assessed Land Value $52,500
  • Assessed Improvements $739,900
  • Total Assessed Value $792,400
Estimate your bill if you bought this home → How this assessment changed from last year →

Tax bills on record

Year Bill Rate
2025 · paid 2026 $7,832 1.10%
2024 · paid 2025 $7,753 1.16%
2023 · paid 2024 $7,472 1.13%
2022 · paid 2023 $7,100 1.14%
2021 · paid 2022 $6,419 1.21%
2020 · paid 2021 $6,130 1.18%
County tax records by assessment year; the rate is the bill as a share of that year’s assessed value.

Parcel Details

  • Deeded Acreage 0.490 acres
  • Property Class 510
  • Council District 5 (Brad Burk)

Utilities

  • Water Municipal (Citizens Energy)
  • Sewer Municipal (Town of Zionsville)
  • Electric Duke Energy
Based on Town of Zionsville service-area maps and development filings.
Legal Description:
RAINTREE PLACE SEC 1A LOT 6

Location

Zoned schools

Elementary school
Eagle Elementary School
(317) 873-1234
Middle school
Zionsville Middle School
(317) 873-2426
High school
Zionsville Community High School
(317) 873-3355

Based on the 2026-27 list. Assignments group by neighborhood per the ZCS list and boundary map; confirm with ZCS.

See the full attendance map →

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Internet providers

  • Fiber Metronet to 5.1 Gbps
  • Cable Spectrum to 1 Gbps
  • DSL AT&T
  • Fixed wireless Verizon, T-Mobile, AT&T
Reported to the FCC for this home's census block (Dec 2025 data). Advertised top speeds, not guarantees. All Zionsville providers →

Flood zone

Zone X: minimal flood hazard
Outside the 1%- and 0.2%-annual-chance floodplains.
FEMA flood layer for Boone County (18011C), retrieved Jul 2, 2026. Reflects the parcel point, not the whole lot; informational, not a flood determination. Verify at msc.fema.gov.

Nearby homes

Raintree Place

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Raintree Place

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Raintree Place

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Est. today $1,024,000
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Raintree Place

20 Raintree Dr

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4 bd 3.5 ba 4,080 sq ft 1976 0.66 ac
Est. today $895,000
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Raintree Place

55 Raintree Dr

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4 bd 3.5 ba 2,990 sq ft 1975
Est. today $790,000
Assessed Value: $647,100