701 Franklin Trace

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Square

Estimated value today

$587,000

Likely range $522,000 – $651,000

Assessed Value: $506,500

How estimates work

Property Features

4
Bedrooms
2.5
Bathrooms
3,227
Sq Ft Total
1990
Year Built
  • Lot Size 0.374 acres
  • Above Grade 2,622 sq ft
  • Basement 605 sq ft (454 sq ft finished)
  • Finished Area 3,076 sq ft
  • Garage 2-car attached, 525 sq ft
  • Heating Heat pump
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade C+2
  • Condition Average

Sales History

No recorded sales on file for this parcel yet. Every recorded sale on Franklin Trace →

Tax & Assessment

  • Parcel ID 060835000009018006
  • Assessed Land Value $37,200
  • Assessed Improvements $469,300
  • Total Assessed Value $506,500
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 $4,880 1.03%
2024 · paid 2025 $5,079 1.11%
2023 · paid 2024 $4,709 1.08%
2022 · paid 2023 $4,494 1.09%
2021 · paid 2022 $4,011 1.15%
2020 · paid 2021 $3,959 1.15%
County tax records by assessment year; the rate is the bill as a share of that year’s assessed value.

Parcel Details

  • Deeded Acreage 0.374 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 1 LOT 28

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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3 bd 3.5 ba 2,246 sq ft 1992 0.52 ac
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