6.21–7.98 acres of farm and timber land near Frankton, Madison County
N Washington St, Frankton, IN · Parcel 480531301001000028
2025 roll, county file September 2025 · before the 2026 roll
At a glance
- BuildZoning Agriculture: rules not on file
- GroundSoils very limited for septic
- AccessFronts a public road
- ValueTax value $4,400, 2025 roll · last sale Oct 2024
- Acres6.21County roll: 6.21 ac. Drawn outline measures 7.98 ac (county GIS, Sep 2025)
- Land typeFarm and timber
- ZoningAgricultureMadison County Council of Governments (MCCOG) zoning map, read from the live map Oct 2026 (no edit date published)
- Flood zoneAE · 1% annual flood riskFloodway 100% · FEMA flood map, as of Jul 2026
- Wetlands8% of the parcelUSFWS National Wetlands Inventory, as of Oct 2026
- Tax value (county)$4,400Assessment, trended yearly; not a market price · 2025 roll. County values this low are common for strips, rear or unbuildable pieces, land valued for farm use and lots in weak markets; it is the county's figure, not a price
- Last saleOct 2024
- Road accessHas road accessRoads: Census TIGER/Line 2025 roads with IndianaMap road centerlines, Feb 2026
- Road frontage1,038 ft on W 850 NRoad map name; the county roll's address reads N Washington St
- City or townFrankton
Land facts
From public records and official maps, each with its source and date.
- Section, township, rangeSection 31, Township 21 North, Range 7 East, Second Principal MeridianBLM PLSS (CadNSDI), at the parcel's center · Oct 2026
- Septic (soils)Very limitedUSDA NRCS soil survey (SSURGO), septic absorption fields, version Aug 2026
- Ground elevationAbout 814–822 ft above sea level; average slope 2.4%USGS 3DEP 1/3 arc-second (about 10 m), NAVD88; about ±1–2 ft · Oct 2026
- HighwaysW State Rd 128 is 0.2 mi away and I-69 interchange at W McGalliard Rd is 11.4 mi away, in a straight lineCensus TIGER/Line 2025 roads with IndianaMap road centerlines · Feb 2026
Services and surroundings
What serves the area around this parcel, from federal and state maps. Area facts, not a survey of the lot.
- USDA home loan areaInside an eligible areaHousehold income limits also apply. USDA Rural Development map, edited Jul 2023.
- Well depth nearbyMedian 100 ft (middle half 71–129 ft)From 50 well logs within 1 mi, drilled 1960–2004; water level 30 ft below ground; bedrock at 112 ft. Area figures, not this parcel. Indiana DNR well records.
- Public land nearbyKiwanis Park, 4.1 miCity land, open to the public. 1,066 acres. Being nearby does not give access or hunting rights. USGS protected areas map (PAD-US 4.1).
School district and farmland
Public federal records, each with its source and date.
- School districtFrankton-Lapel Community SchoolsGrades pre-K–12 · NCES EDGE school district boundaries, school year 2024–25 (Census TIGER 2025 lines), released Mar 2026. A district, not an assigned school
- Farmland classPrime farmland if protected from flooding or not frequently flooded during the growing seasonMap unit Eel silt loam, 0 to 2 percent slopes, frequently flooded, about 85% of the parcel · USDA NRCS soil survey (SSURGO), survey area IN095, version Aug 2026
- Crop productivity (NCCPI)0.82 of 1National Commodity Crop Productivity Index 3.0 of the main soil, Eel; higher is more productive for non-irrigated commodity crops · USDA NRCS soil survey (SSURGO), version Aug 2026
- Land capability classClass 2w of 8: moderate limits for crops (excess water)Non-irrigated, Eel; class 1 has the fewest limits · USDA NRCS soil survey (SSURGO), version Aug 2026
District details at NCES: Frankton-Lapel Community Schools
Crops and forest
Public federal records, each with its source and year. Satellite classifications, not farm records.
- Land cover (CDL)Developed (open space) 2025; grass or pasture 2024; deciduous forest 2021–2023No crop in these years; the most common class in the 90 m around the parcel's map point, from satellite imagery · USDA NASS Cropland Data Layer 2021–2025
- Forest type (LANDFIRE)North-Central Interior Floodplain ForestEastern Floodplain Forests, riparian; the most common vegetation type in the 90 m around the map point · LANDFIRE 2024 Existing Vegetation Type (USGS / USFS)
- Hydric soils4% of the parcelShare of the outline on soils rated hydric: the soil test of a wetland determination and of an NRCS wetland reserve easement (ACEP-WRE) · USDA NRCS soil survey (SSURGO)
Utility service areas
Public service-area maps, each with its source and date. An area, not a connection at this parcel.
- Electric service areaInside the service area of Town of FranktonMunicipal utility · IURC electric service territories map, edited Aug 2026: a visual aid, not the legal ruling.
- Water system areaInside the service area of Frankton Water Works (EPA modeled boundary)Public water system IN5248008 · EPA public water system service areas, edited May 2026: EPA modeled this boundary, which often differs from the actual one. Not a water line at the lot.
Environmental records
Public state and federal lists, each with its agency and date. A record is not a finding about this parcel.
- Other recordsOil or gas well nearbyGroundwork check of public lists: Indiana DNR Division of Oil and Gas / Indiana Geological and Water Survey, as of Jun 26, 2025
Mapped ground hazards
Mapped features from IGWS maps, each with its agency and date. Distances are from the parcel's map point; a mapped area is not a finding about this parcel. Not checked here: surface coal mines, oil and gas wells, landslides.
- Underground coal mineNone mapped within 1/4 miIGWS: Underground coal mines (IDNR, December 2016), as of Dec 2016. Documented underground coal mines since the 1880s, from IDNR mine maps, to December 2016; outlines approximate
Free account: 25 parcel cards a day on the map, with watches and a saved search
FranktonParcels, flood and zoning5.5%in a FEMA flood zone1,528parcels on the rollProperty tax
Indiana DLGF pay-2026 certified rates; DLGF 2025 real property roll, as of Oct 2026
- Tax rate
- 31.767 mills (Frankton Town Pipe Cr.Twp. district: Madison County, Pipe Creek Township, Frankton Civil Town, Frankton-Lapel Community School Corp, North Madison County Library System, East Central Indiana Solid Waste, pay 2026)
- Estimated annual tax
- ~$88Estimate before exemptions (homestead and other deductions, local income tax credits): the $4,400 gross assessed value × 31.767 mills; capped by the circuit breaker at 2% (residential / farmland) of $4,400
Pay or check a bill at the Madison County Treasurer.
Value history
| Year | Land | Improvements | Total | Change |
|---|---|---|---|---|
| 2025 (pay 2026) | $4,400 | Not on the roll | $4,400 | -8.3% |
| 2024 (pay 2025) | $4,800 | Not on the roll | $4,800 | +20.0% |
Roll values set for property tax · Indiana DLGF parcel roll · as of Sep 2025
What land sells for nearby
Land in Madison County sold for:
- 10 acres or more: $10.2k–$16.8k an acre (25 sales, Oct 2025–Sep 2026); median $12.3k
The middle half (25th to 75th percentile) and the median of recorded land sales (one parcel each, or one multi-parcel farm sale of bare land counted once). Each size uses its own months (the shortest of 12, 24 or 36 that holds enough sales), so the sizes' counts need not add up to another figure on this page. Source: STATS Indiana sales disclosure forms, valid for trending by the county assessor, vacant land with no improvement on the parcel at the sale; farm acreage (farm class, 10+ acres, no buildings): also the sales the assessor marked not valid for trending when the form gives none of the disqualifying answers (related parties, partial interest, court order, sheriff, quitclaim, trade, land contract and the like), because Indiana assessors do not trend farm sales; a multi-parcel farm sale of bare land counts once, at its price per total acre. Recorded sales, not an estimate of any parcel.
Local jurisdictions
- Civil townshipPipe Creek TownshipDLGF taxing districts (IGIO Taxing_Districts_2024) on the 2025 roll's district code · Jul 30, 2024
Owner: on the county assessment roll (not shown here) · Request removal
Hazards
FEMA National Risk Index for this census tract, not this parcel. As of Dec 2025.
- Tornado
- Relatively moderate
- Strong wind
- Relatively moderate
- Cold wave
- Relatively moderate
- Winter weather
- Relatively moderate
- Hail
- Relatively low
- Riverine flooding
- Relatively low
- Heat wave
- Relatively low
- Lightning
- Relatively low
- Drought
- Relatively low
- Earthquake
- Relatively low
- Wildfire
- Very low
- Landslide
- Very low
Recorded flood claims
OpenFEMA NFIP Redacted Claims v3, as of Sep 2026
- Claims since 1978
- Fewer than 10Insured buildings in this census tract
Neighborhood (Census)
Census ACS 2020–2024 5-year, as of Jan 2026
- Median household income
- $64,896± $8,172
- Median home value (owner-reported)
- $131,100± $19,581
- Median rent (gross)
- $1,201± $148
- Homes lived in by their owners
- 80%± 7 pts
- Median year homes were built
- 1965± 3 yr
- Average commute (one way)
- 31 min± 7 min · census tract (not published for block groups)
- Population
- 1,264± 209
Figures for the census block group around this parcel (a few hundred homes), not this property. This product uses Census Bureau data but is not endorsed or certified by the Census Bureau.
Nearby parcels
Land and farm parcels of 1 acre or more in Madison County, nearest first.
- 4.63 acres of residential land near Frankton0.2 mi
- 3.89 acres of residential land near Frankton0.3 mi
- 5 acres of residential land near Frankton0.5 mi
- 5 acres of residential land near Frankton0.6 mi · Parcel 480531102003000025
- 5 acres of residential land near Frankton0.6 mi · Parcel 480531102002000025
- 4th St2.15 acres · Residential lot · 0.6 mi
- 2.1 acres of residential land near Frankton0.7 mi
- 2.52 acres of residential land near Frankton0.8 mi
Land and farm parcels of 1 acre or more in Madison County: 501 parcel pages
Sources & methodSources, county file September 2025
Property tax
Rates: Indiana DLGF, pay 2026. The estimate is the county's taxable value times those rates, before exemptions; it is not a bill. The county treasurer's bill is the official figure.
Property tax · Due dates
Indiana pay-2026 taxes: second installment due November 10, 2026.
Sources: Indiana Code 6-1.1-22-9 and 6-1.1-15-1.1; the Department of Local Government Finance due dates. Checked Oct 13, 2026.
Hazards
Ratings come from FEMA's National Risk Index (v1.20, planning-level) and the public federal and state maps named on each row, not a private climate model. FEMA rates each census tract from expected annual losses, community resilience and social vulnerability, for planning; it is not an assessment of this parcel.
Recorded flood claims
Insured buildings near this parcel, not the parcel itself. FEMA counts claims on buildings with NFIP flood insurance, so land that never had an insured building has no claims to count. The count is the parcel's census block group when it has 10 or more, else its tract's; a count under 10 prints as "Fewer than 10". Source: OpenFEMA NFIP Redacted Claims v3.
Neighborhood (Census)
± is the Census 90% margin of error; a figure comes from the larger census tract when the block group's sample is too small.
Tax value
Tax value: the county's yearly assessment (gross assessed value, trended every year), not a market price. County file, September 2025.
Gross assessed value (the county assessor's market value-in-use, trended every year), not a market estimate. Farmland is assessed by the state's base-rate formula, well below what farmland sells for.
Estimate
Rough estimate: based on typical prices per acre for land this size in Madison and nearby counties. Not tested to our accuracy standard. Half of past estimates were within ±55% (measured across nearby counties); the range covers about 8 in 10. Land only; any building is not included.
Parcel outline
The outline and its edge lengths are measured on the parcel map the map draws; the aerial loads from the public imagery named under it.
Source
Indiana DLGF parcel roll (Indiana Gateway) and IGIO statewide parcel boundaries, county file Sep 1, 2025.
Record
Public records can be wrong; check before you act.
Parcel: 480531301001000028
Coordinates: 40.2262° N, 85.7787° W