40 Spring Dr

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Raintree Place

Estimated value today

$1,158,000

Likely range $1,065,000 – $1,251,000

Last Sold Mar 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
Mar 9, 2010 Sale $470,000
Recorded sale prices from public records. Not every transfer is captured.
Tax & Assessment
  • Parcel ID 060401000004029006
  • Assessed Land Value $52,500
  • Assessed Improvements $819,400
  • Total Assessed Value $871,900
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 $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.
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.

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