46035 — Colfax, IN Home Values
Typical home value $224,395 as of August 2026 · 6th of 8 in Frankfort, IN
Blue: typical home value (Zillow ZHVI) in ZIP code 46035, August 2021 to August 2026. This page shows observed data only; no forecast.
How 46035 compares in the Frankfort, IN area
ZIP code 46035 (Colfax, IN) has a typical home value of $224,395 as of August 2026, ranking 6th of 8 ZIP codes tracked in the Frankfort, IN area, more expensive than about 38% of ZIP codes in the metro. Prices here have moved +6.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +46.1%, from $153,557 in August 2021 to $224,395 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Frankfort, IN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Frankfort.
Population and demographics
ZIP code 46035 has a population of 1,317, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.3% White, 5.1% Black or African American, 1.1% two or more races, and 0.5% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Thorntown Elementary School | 200 Mill St, Thorntown, IN | 5.9 mi |
| Clinton Prairie Elementary School | 2500 S CR 450 W, Frankfort, IN | 6.3 mi |
| Clinton Prairie Jr-Sr High School | 2400 S CR 450 W, Frankfort, IN | 6.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 46035?
$224,395 as of August 2026, the latest month Zillow has published observed data for.
Is 46035 an expensive ZIP code in the Frankfort, IN area?
46035 ranks 6th of 8 ZIP codes in the Frankfort, IN area by typical home value, more expensive than about 38% of ZIP codes in the metro.
How much have home values in 46035 changed over the past year?
+6.7% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 46035?
1,317, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 46035?
Thorntown Elementary School (5.9 mi), Clinton Prairie Elementary School (6.3 mi), Clinton Prairie Jr-Sr High School (6.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 46035?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Frankfort, IN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.