5231 S 875 E

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: DeRossi Estates

Estimated value today

$961,000

Likely range $855,000 – $1,067,000

Last Sold Aug 2021: $715,000

How estimates work

Property Features

5
Bedrooms
3.5
Bathrooms
4,473
Sq Ft Total
2017
Year Built
  • Lot Size 4.110 acres
  • Above Grade 3,392 sq ft
  • Basement 1,081 sq ft, unfinished
  • Finished Area 3,392 sq ft
  • Garage 2-car attached, 457 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade A
  • Condition Average

Land on record

Classification Acreage
Residential excess acreage 3.11 ac
Homesite 1.00 ac
The assessor's 2026 land classification; acreage as recorded, not surveyed.

Sales History

Date Event Price
Aug 19, 2021 Sale $715,000
Mar 19, 2021 Sale $536,200
Apr 20, 2017 Sale $163,000
Jan 24, 2017 Sale $112,000
Recorded sale prices from public records. Not every transfer is captured. Every recorded sale on S 875 E →

Tax & Assessment

  • Parcel ID 060833000049001005
  • Assessed Land Value $162,200
  • Assessed Improvements $605,700
  • Total Assessed Value $767,900
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 $7,406 1.05%
2024 · paid 2025 $7,027 1.10%
2023 · paid 2024 $6,608 1.08%
2022 · paid 2023 $6,446 1.07%
2021 · paid 2022 $5,669 1.11%
2020 · paid 2021 $9,406 1.84%
County tax records by assessment year; the rate is the bill as a share of that year’s assessed value.

Parcel Details

  • Deeded Acreage 4.110 acres
  • Property Class 510
  • Council District 4 (Sarah Esterline Sampson)

Utilities

  • Water Well
  • Sewer Septic
  • Electric Boone County REMC
Based on Town of Zionsville service-area maps.

Topography

Level
Legal Description:
DEROSSI ESTATES LOT 7

Location

Zoned schools

Not on the ZCS housing-additions list, so no assignment is shown. Confirm zoned schools with ZCS.

Open the attendance lookup →

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Internet providers

  • Fiber TDS Telecom to 1 Gbps
  • Cable Spectrum to 1 Gbps
  • DSL TDS Telecom
  • Fixed wireless Verizon, AT&T, T-Mobile
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

DeRossi Estates

5301 S 875 E

Zionsville, IN 46077
4 bd 6 ba 5,086 sq ft 2018 6.48 ac
Est. today $1,612,000
Last Sold Mar 2017: $220,000
DeRossi Estates

8845 Whitestown Rd

Zionsville, IN 46077
4 bd 4.5 ba 3,799 sq ft 2018 6.95 ac
Est. today $1,246,000
Last Sold Feb 2019: $699,289
DeRossi Estates

8905 Whitestown Rd

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5 bd 5 ba 5,026 sq ft 2020 4.58 ac
Est. today $1,275,000
Last Sold Feb 2017: $137,500
DeRossi Estates

5371 S 875 E

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5 bd 5 ba 5,060 sq ft 2018 8.62 ac
Est. today $2,521,000
Last Sold Feb 2017: $287,370
Ashburn

5307 Peachtree Rd

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6 bd 5 ba 3,377 sq ft 2021
Est. today $957,000
Last Sold Mar 2022: $673,770
Ashburn

5323 Peachtree Rd

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5 bd 3 ba 3,377 sq ft 2022
Est. today $964,000
Last Sold Jun 2022: $637,670