5018 Somerset Ln

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colonial Heights

Estimated value today

$659,000

Likely range $587,000 – $732,000

Assessed Value: $516,100

How estimates work
Property Features
4
Bedrooms
2.5
Bathrooms
3,968
Sq Ft Total
1993
Year Built
  • Lot Size 0.970 acres
  • Above Grade 2,520 sq ft
  • Basement 1,448 sq ft, unfinished
  • Finished Area 2,520 sq ft
  • Garage 2-car attached, 572 sq ft
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B-1
  • Condition Average
Improvements on record
Improvement Built Size
Utility shed 1992 120 sq ft
Structures and site improvements on the county assessor's 2023 record.
Sales History
No recorded sales on file for this parcel yet.
Tax & Assessment
  • Parcel ID 060826000002005006
  • Assessed Land Value $32,500
  • Assessed Improvements $483,600
  • Total Assessed Value $516,100
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 $5,412 1.05%
2024 · paid 2025 $5,411 1.11%
2023 · paid 2024 $5,184 1.09%
2022 · paid 2023 $4,924 1.11%
2021 · paid 2022 $4,430 1.16%
2020 · paid 2021 $4,352 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 0.970 acres
  • Property Class 510
  • Council District 5 (Brad Burk)
Utilities
  • Water Municipal (Citizens Energy)
  • Sewer Municipal (Town of Zionsville)
  • Electric Duke Energy
Based on Town of Zionsville service-area maps.
Legal Description:
COLONIAL HEIGHTS LOT 11
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.

Nearby homes

Colonial Heights

5040 Somerset Dr

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3 bd 2 ba 1,871 sq ft 1979 0.78 ac
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Colonial Heights

5002 Somerset Ln

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3 bd 2.5 ba 1,933 sq ft 1985 1.62 ac
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Colonial Heights

5060 Somerset Ln

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Colonial Heights

10810 Marquette Rd

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4 bd 2.5 ba 1,872 sq ft 1986 0.63 ac
Est. today $435,000
Last Sold Jan 2026: $417,500
Colonial Heights

5001 Somerset Ln

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3 bd 2.5 ba 3,078 sq ft 1990 0.92 ac
Est. today $773,000
Last Sold May 2020: $435,000
Colonial Heights

5080 Somerset Ln

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3 bd 2.5 ba 1,922 sq ft 1987 1.26 ac
Est. today $544,000
Assessed Value: $426,100