40 Spring Dr

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Raintree Place

Estimated value today

$1,148,000

Likely range $1,056,000 – $1,240,000

Last Sold Feb 2010: $470,000

How estimates work

Property Features

4
Bedrooms
4
Bathrooms
5,134
Sq Ft Total
1976
Year Built
  • Lot Size 0.490 acres
  • Above Grade 3,832 sq ft
  • Basement 1,302 sq ft (976 sq ft finished)
  • Finished Area 4,808 sq ft
  • Garage 2-car attached, 600 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 1
  • Assessor Grade B+1
  • Condition Average

Sales History

Date Event Price
Feb 25, 2010 Sale $470,000
Recorded sale prices from public records. Not every transfer is captured. Every recorded sale on Spring Dr →

Tax & Assessment

  • Parcel ID 060401000004029006
  • Assessed Land Value $52,500
  • Assessed Improvements $887,600
  • Total Assessed Value $940,100
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 $9,753 1.12%
2024 · paid 2025 $9,823 1.20%
2023 · paid 2024 $9,114 1.17%
2022 · paid 2023 $9,008 1.19%
2021 · paid 2022 $7,933 1.23%
2020 · paid 2021 $7,457 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 0.490 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 and development filings.

Topography

Level
Legal Description:
RAINTREE PLACE SEC 1B LOT 40

Location

Zoned schools

Elementary school
Eagle Elementary School
(317) 873-1234
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, 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

Raintree Place

60 Spring Dr

Zionsville, IN 46077
4 bd 3 ba 3,023 sq ft 1976 0.5 ac
Est. today $874,000
Last Sold Oct 2016: $475,000
Raintree Place

20 Spring Dr

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6 bd 3.5 ba 3,542 sq ft 1977 0.5 ac
Est. today $895,000
Assessed Value: $732,800
Raintree Place

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4 bd 3 ba 3,155 sq ft 1976 0.63 ac
Est. today $1,087,000
Assessed Value: $890,700
Raintree Place

775 Eagle Creek Ct

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4 bd 3 ba 2,756 sq ft 1975
Est. today $713,000
Last Sold Nov 2014: $335,000
Raintree Place

795 Eagle Creek Ct

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5 bd 5 ba 3,390 sq ft 1975
Est. today $1,023,000
Assessed Value: $838,100
Raintree Place

80 Spring Dr

Zionsville, IN 46077
4 bd 2.5 ba 2,664 sq ft 1977 0.53 ac
Est. today $746,000
Last Sold Dec 2018: $397,000