872 Franklin Trace

Zionsville, IN 46077

Town of Zionsville Zionsville Community Schools

Neighborhood: Colony Square

Estimated value today

$727,000

Likely range $647,000 – $807,000

Last Sold Sep 2017: $385,000

How estimates work
Property Features
3
Bedrooms
2.5
Bathrooms
4,827
Sq Ft Total
1991
Year Built

  • Lot Size 0.354 acres
  • Above Grade 2,814 sq ft
  • Basement 1,365 sq ft, unfinished
  • Finished Attic 648 sq ft
  • Finished Area 3,462 sq ft
  • Garage 2-car attached, 648 sq ft
  • Heating Central warm-air heat
  • Cooling Central air
  • Fireplaces 2
  • Assessor Grade B-1
  • Condition Average
Improvements on record
Improvement Built Size
In-ground pool 1994 684 sq ft
Sales History
Date Event Price
Sep 29, 2017 Sale $385,000
Tax & Assessment
  • Parcel ID 060835000005012006
  • Assessed Land Value $36,500
  • Assessed Improvements $538,700
  • Total Assessed Value $575,200
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 $6,133 1.07%
2024 · paid 2025 $6,171 1.13%
2023 · paid 2024 $5,868 1.13%
2022 · paid 2023 $5,636 1.15%
2021 · paid 2022 $5,193 1.22%
2020 · paid 2021 $5,049 1.20%
County tax records by assessment year; the rate is the bill as a share of that year’s assessed value.
Parcel Details
  • Deeded Acreage 0.354 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 50
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, not surveyed lines. ZCS redistricts periodically, so confirm an address with them.

See the full attendance map →
Follow this home

One email when something changes: the estimate, a sale here or nearby, or the assessment. Most weeks send nothing. No account needed.

Double opt-in; one-click unsubscribe in every email. We never share the list.

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.

Nearby homes

Colony Square

882 Franklin Trace

Zionsville, IN 46077
3 bd 2.5 ba 2,425 sq ft 1990
Est. today $501,000
Assessed Value: $391,900
Colony Square

862 Franklin Trace

Zionsville, IN 46077
4 bd 2.5 ba 2,776 sq ft 1990
Est. today $580,000
Assessed Value: $454,100
Colony Square

26 Cedar Crest

Zionsville, IN 46077
4 bd 2.5 ba 2,524 sq ft 1990 0.55 ac
Est. today $629,000
Assessed Value: $492,900
Colony Square

11 Revere Run

Zionsville, IN 46077
4 bd 3.5 ba 3,478 sq ft 1991
Est. today $782,000
Assessed Value: $612,700
Colony Square

861 Franklin Trace

Zionsville, IN 46077
5 bd 3 ba 2,936 sq ft 1997
Est. today $683,000
Last Sold Aug 2024: $560,000
Colony Square

871 Franklin Trace

Zionsville, IN 46077
4 bd 2.5 ba 2,660 sq ft 1991
Est. today $631,000
Last Sold Aug 2018: $380,000