1240 Governors Ln

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Woods

Estimated value today

$686,000

Likely range $632,000 – $741,000

Assessed Value: $542,700

How estimates work
Property Features
4
Bedrooms
2.5
Bathrooms
3,902
Sq Ft Total
1984
Year Built
  • Lot Size 0.425 acres
  • Above Grade 2,580 sq ft
  • Basement 1,322 sq ft, unfinished
  • Finished Area 2,580 sq ft
  • Garage 2-car attached, 576 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B-1
  • Condition Average
Sales History
No recorded sales on file for this parcel yet.
Tax & Assessment
  • Parcel ID 060827000002008006
  • Assessed Land Value $38,900
  • Assessed Improvements $503,800
  • Total Assessed Value $542,700
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 $5,736 1.06%
2024 · paid 2025 $5,707 1.12%
2023 · paid 2024 $5,304 1.09%
2022 · paid 2023 $5,096 1.12%
2021 · paid 2022 $4,720 1.19%
2020 · paid 2021 $4,590 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 0.425 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.
Topography
Level
Legal Description:
COLONY WOODS SEC 5 LOT 200
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 AT&T, T-Mobile, Verizon
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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