240 Governors Ln

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Woods

Estimated value today

$746,000

Likely range $686,000 – $805,000

Last Sold Apr 2016: $404,000

How estimates work

Property Features

4
Bedrooms
2.5
Bathrooms
4,184
Sq Ft Total
1978
Year Built
  • Lot Size 0.488 acres
  • Above Grade 2,952 sq ft
  • Basement 1,232 sq ft (625 sq ft finished)
  • Finished Area 3,577 sq ft
  • Garage 5-car attached, 1,392 sq ft
  • Heating Heat pump
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B
  • Condition Average

Sales History

Date Event Price
Apr 15, 2016 Sale $404,000
Recorded sale prices from public records. Not every transfer is captured. Every recorded sale on Governors Ln →

Tax & Assessment

  • Parcel ID 060835000013030006
  • Assessed Land Value $47,600
  • Assessed Improvements $591,700
  • Total Assessed Value $639,300
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 $6,371 1.07%
2024 · paid 2025 $6,302 1.13%
2023 · paid 2024 $6,017 1.10%
2022 · paid 2023 $5,760 1.12%
2021 · paid 2022 $5,176 1.19%
2020 · paid 2021 $5,051 1.17%
County tax records by assessment year; the rate is the bill as a share of that year’s assessed value.

Parcel Details

  • Deeded Acreage 0.488 acres
  • Property Class 510
  • Council District 2 (Jason Plunkett)

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:
COLONY WOODS SEC 3 LOT 237

Location

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 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, TDS Telecom to 1 Gbps
  • Cable Spectrum to 1 Gbps
  • DSL AT&T
  • Fixed wireless 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

Colony Woods

230 Governors Ln

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4 bd 2.5 ba 3,104 sq ft 1978
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4 bd 2.5 ba 2,710 sq ft 1978 0.74 ac
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Assessed Value: $579,700
Colony Woods

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4 bd 2.5 ba 2,864 sq ft 1980 0.62 ac
Est. today $657,000
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Colony Woods

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4 bd 2.5 ba 3,026 sq ft 1978
Est. today $661,000
Assessed Value: $570,700
Colony Woods

255 Woodstock Ct

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4 bd 4 ba 2,600 sq ft 1978
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Colony Woods

1195 Princeton Pl

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4 bd 2.5 ba 3,134 sq ft 1979 0.53 ac
Est. today $720,000
Assessed Value: $621,900