1.14-acre residential lot near Frankton, Madison County
Highland Ave, Frankton, IN · Parcel 480531303097000028
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 $7,300, 2025 roll · no recorded transfer since 2019 on the county rolls
- Acres1.14
- Land typeVacancy not verifiedNo building found, September 2025
- ZoningAgricultureMadison County Council of Governments (MCCOG) zoning map, read from the live map Oct 2026 (no edit date published)
- Flood zoneX · minimal flood hazardFEMA flood map, as of Jul 2026
- WetlandsNone mappedUSFWS National Wetlands Inventory, as of Oct 2026
- Tax value (county)$7,300Assessment, 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 saleNo recorded transfer since 2019 on the county rolls
- Road accessHas road accessRoads: Census TIGER/Line 2025 roads with IndianaMap road centerlines, Feb 2026
- Road frontage272 ft on Highland Ave
- BuildingNone on the roll
- 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 824–829 ft above sea level; average slope 2.0%USGS 3DEP 1/3 arc-second (about 10 m), NAVD88; about ±1–2 ft · Oct 2026
- HighwaysState Rd 128 is 118 ft away and I-69 interchange at W McGalliard Rd is 11.8 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.
- Traffic countAbout 1,200 vehicles a daySR 128: the 2024 average daily count for the road segment, not the driveway. Federal Highway Administration counts, 2024.
- Well depth nearbyMedian 106 ft (middle half 79–132 ft)From 55 well logs within 1 mi, drilled 1960–2013; water level 29 ft below ground; bedrock at 98 ft. Area figures, not this parcel. Indiana DNR well records.
- Public land nearbyKiwanis Park, 4.2 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
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
District details at NCES: Frankton-Lapel Community Schools
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.
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
State and federal geologic and well 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.
- 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
- ~$150Estimate before exemptions (homestead and other deductions, local income tax credits): the $7,300 gross assessed value × 31.767 mills; capped by the circuit breaker at 2% (residential / farmland) of $7,300
How we compute this
Pay or check a bill at the Madison County Treasurer.
Due dates
Value history
| Year | Land | Improvements | Total | Change |
|---|---|---|---|---|
| 2025 (pay 2026) | $7,300 | Not on the roll | $7,300 | No change |
| 2024 (pay 2025) | $7,300 | Not on the roll | $7,300 | +5.8% |
Roll values set for property tax · Indiana DLGF parcel roll · as of Sep 2025
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
How we compute this
Recorded flood claims
OpenFEMA NFIP Redacted Claims v3, as of Sep 2026
- Claims since 1978
- Fewer than 10Insured buildings in this census tract
How we compute this
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.
How we compute this
Nearby parcels
Land and farm parcels of 1 acre or more in Madison County, nearest first.
- 4th St2.15 acres · Residential lot · 0.1 mi
- 4.63 acres of residential land near Frankton0.7 mi
- 3.89 acres of residential land near Frankton0.8 mi
- 2.52 acres of residential land near Frankton1.0 mi
- 5 acres of residential land near Frankton1.1 mi · Parcel 480531102004000025
- 5 acres of residential land near Frankton1.1 mi · Parcel 480531102003000025
- 5 acres of residential land near Frankton1.1 mi · Parcel 480531102002000025
- 2.1 acres of residential land near Frankton1.2 mi
Land and farm parcels of 1 acre or more in Madison County: 501 parcel pages
About these numbersSources, county file September 2025
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.
Land type
No building found: county roll (2025) and building footprints (Overture Maps with Microsoft and OpenStreetMap, Sep 2026) · County assessor roll; Overture Maps 2026-09-23.1
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: 480531303097000028
Coordinates: 40.2200° N, 85.7853° W