861 Franklin Trace

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Square

Estimated value today

$693,000

Likely range $617,000 – $769,000

Last Sold Aug 2024: $560,000

How estimates work

Property Features

5
Bedrooms
3
Bathrooms
4,238
Sq Ft Total
1997
Year Built
  • Lot Size 0.344 acres
  • Above Grade 2,936 sq ft
  • Basement 1,302 sq ft, unfinished
  • Finished Area 2,936 sq ft
  • Garage 3-car attached, 686 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B-1
  • Condition Average

Improvements on record

Improvement Built Size
Hot tub 49 sq ft
Structures and site improvements on the county assessor's 2026 record.

Sales History

Date Event Price
Aug 26, 2024 Sale $560,000
Sep 7, 2012 Sale $315,000
Recorded sale prices from public records. Not every transfer is captured. Every recorded sale on Franklin Trace →

Tax & Assessment

  • Parcel ID 060835000005024006
  • Assessed Land Value $36,500
  • Assessed Improvements $595,500
  • Total Assessed Value $632,000
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 $5,867 1.06%
2024 · paid 2025 $5,837 1.12%
2023 · paid 2024 $5,413 1.09%
2022 · paid 2023 $5,374 1.12%
2021 · paid 2022 $4,804 1.17%
2020 · paid 2021 $4,723 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 0.344 acres
  • Property Class 510
  • Council District 4 (Sarah Esterline Sampson)

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 SQUARE SEC 2 LOT 63

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
  • 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.

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