1014 Reserve Way Unit 1014 Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated Value: $348,293 - $362,000
2
Beds
2
Baths
1,946
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Community Pool
- Thermal Windows
- Traditional Architecture
- Formal Dining Room
- Skylights
About This Home
As of October 2020Bright, open condo located directly on the Monon in the heart of Broad Ripple. An ideal 2bd/2bth with skylights, vaulted ceilings and lots of privacy. Peaceful living in the desirable Reserve. Walk to restaurants, shops, swim at the pool, kayak White River and enjoy the bike trail. This home has been immaculately cared for and updated with eat-in kitchen, extended countertops, fresh paint and luxurious new high-end carpet. Open concept kitchen/great room with gas fireplace/dining room and balcony. Direct sightlines to entertain from every room. Kitchen includes granite counters, spacious breakfast bar, SS appliances/gas range. Upgraded washer/dryer. Upper level loft for office/exercise. Huge master suite, 2 closets and large en suite bath.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,270
Year Built
- Built in 2005
Lot Details
- Sprinkler System
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Sound System
- Woodwork
- Vaulted Ceiling
- Skylights
- Gas Log Fireplace
- Thermal Windows
- Great Room with Fireplace
- Formal Dining Room
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 490336123100000801
Community Details
Overview
- Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, pool, management, snow removal, trash
- Reserve At Broad Ripple Subdivision
- Property managed by Kirkpatrick
Recreation
- Community Pool
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2020
Closed on
Oct 7, 2020
Sold by
Rappaport Lauren E
Bought by
Allen Brandee
Seller's Agent
Sara Baker
F.C. Tucker Company
Buyer's Agent
Stacy Barry
CENTURY 21 Scheetz
List Price
$296,000
Sold Price
$288,000
Premium/Discount to List
-$8,000
-2.7%
Total Days on Market
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,823
Avg. Annual Appreciation
4.74%
Original Mortgage
$273,600
Outstanding Balance
$246,629
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,209
Purchase Details
Closed on
Apr 16, 2010
Sold by
Seger Mark A
Bought by
Rappaport Lauren E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
5.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2006
Sold by
Seger Phillip J
Bought by
Seger Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2005
Sold by
Westfield Reserve Llc
Bought by
Seger Phillip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,812
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allen Brandee | $288,000 | Enterprise Title | |
| Rappaport Lauren E | -- | None Available | |
| Seger Mark A | -- | None Available | |
| Seger Phillip J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allen Brandee | $273,600 | |
| Previous Owner | Rappaport Lauren E | $181,000 | |
| Previous Owner | Rappaport Lauren E | $186,400 | |
| Previous Owner | Seger Mark A | $208,000 | |
| Previous Owner | Seger Phillip J | $38,812 | |
| Previous Owner | Seger Phillip J | $207,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $288,000 | -0.7% | $148 / Sq Ft |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | Price Changed | $289,900 | -2.1% | $149 / Sq Ft |
| 08/07/2020 08/07/20 | For Sale | $296,000 | -- | $152 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,204 | $331,600 | $26,700 | $304,900 |
| 2023 | $4,204 | $348,300 | $26,800 | $321,500 |
| 2022 | $3,873 | $318,800 | $26,700 | $292,100 |
| 2021 | $3,291 | $278,500 | $26,500 | $252,000 |
| 2020 | $3,264 | $275,200 | $26,400 | $248,800 |
| 2019 | $3,270 | $270,400 | $26,500 | $243,900 |
| 2018 | $3,255 | $266,800 | $26,500 | $240,300 |
| 2017 | $2,639 | $243,700 | $26,400 | $217,300 |
| 2016 | $2,493 | $235,300 | $26,300 | $209,000 |
| 2014 | $2,513 | $232,700 | $26,900 | $205,800 |
| 2013 | $2,550 | $245,400 | $27,100 | $218,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Baker
Seller's Agent in 2020
Sara Baker
F.C. Tucker Company
(317) 508-7204
2 in this area
49 Total Sales
-
Buyer's Agent in 2020
Stacy Barry
CENTURY 21 Scheetz
(317) 705-2500
6 in this area
544 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21730132
APN: 49-03-36-123-100.000-801
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