The story of this market
The typical home in ZIP 46035 sells for about $280,000, or $158 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $821 a month.
ZIP 46035 — Colfax
The housing market in 46035 is characterized by low inventory and slow turnover, typical of a small rural town. Prices have seen modest appreciation, driven by limited supply rather than high demand, keeping the market stable for long-term residents.
This ZIP is best suited for families and individuals seeking a quiet, low-cost rural lifestyle with a strong sense of community and affordability.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 4.5 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 6.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46035, Clinton County, Indiana
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the area are primarily managed by Clinton Central School Corporation, which maintains a small-town educational environment.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is generally low.
Economic momentum is driven by local agricultural support and proximity to regional manufacturing hubs in Clinton County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Commuting is primarily car-dependent, with residents traveling to nearby employment centers in Frankfort or Lafayette via state highways.
Local recreation is centered on small-town community parks and proximity to rural outdoor spaces, with limited large-scale commercial shopping.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal institutional investor presence.
The local economy is anchored by agriculture and small-scale local services, with residents often commuting to larger industrial employers in Clinton County.
Transportation is entirely road-based, relying on local county roads and state highways for regional connectivity.
There are no major large-scale commercial or residential developments currently approved or under construction in this rural ZIP.
The Clinton County Assessor manages property valuations based on annual market adjustments and state-mandated assessment cycles.
Parcels are served by the Clinton Central School Corporation and standard county-level taxing districts.
Property insurance premiums are stable, reflecting the low-density rural environment and lack of high-risk coastal or wildfire exposure.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Malibu Jack's Lafayette4.716.8 mi
- Exploration Acres4.710.9 mi
- Tropicanoe Cove4.418.8 mi
- Get Air Trampoline Park4.117.3 mi
- Mission: Breakout Lafayette4.918.4 mi
- Ironman Raceway4.818.4 mi
- Dull's Tree Farm and Pumpkin Harvest4.89.2 mi
- Boone County Fairgrounds4.516.4 mi
- Exploration Acres4.710.9 mi
- Mike Aulby's Arrowhead Bowl4.517.4 mi
- TPA Park4.611.3 mi
- Art Museum of Greater Lafayette4.619.3 mi
- Rotary Jail Museum4.815.8 mi
- The Haan Museum of Indiana Art4.819.1 mi
- General Lew Wallace Study & Museum4.615.6 mi
- Evil Genius Tattoo Club4.619.7 mi
- TPA Park4.611.3 mi
- Frankfort Lagoons4.511.3 mi
- Prairie Creek Park4.710.6 mi
- Deer Track Golf Club4.67.7 mi
- Frankfort Commons Golf Course4.311.3 mi
- Rural King4.411.7 mi
- Ruler Foods4.511 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A preserved historic site listed on the National Register of Historic Places.
A significant local historic structure.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.