842 Franklin Trace

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Square

Estimated value today

$647,000

Likely range $576,000 – $719,000

Assessed Value: $507,000

How estimates work
Property Features
4
Bedrooms
2.5
Bathrooms
3,945
Sq Ft Total
1990
Year Built
  • Lot Size 0.596 acres
  • Above Grade 2,721 sq ft
  • Basement 1,224 sq ft, unfinished
  • Finished Area 2,721 sq ft
  • Garage 2-car attached, 638 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade C+2
  • Condition Average
Sales History
No recorded sales on file for this parcel yet.
Tax & Assessment
  • Parcel ID 060835000005017006
  • Assessed Land Value $53,000
  • Assessed Improvements $454,000
  • Total Assessed Value $507,000
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 $5,301 1.05%
2024 · paid 2025 $5,295 1.11%
2023 · paid 2024 $4,920 1.08%
2022 · paid 2023 $4,768 1.11%
2021 · paid 2022 $4,324 1.17%
2020 · paid 2021 $4,360 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 0.596 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.
Legal Description:
COLONY SQUARE SEC 2 LOT 58
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 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.

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