NOT LISTED FOR SALE

1015 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $326,000 - $348,000

2 Beds
2 Baths
1,946 Sq Ft
$290/mo HOA Fee

Last Sold June 21, 2024

Last sale price $330,000 $170 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,517/month

2 Days on Market

Highlights

  • Mature Trees
  • Contemporary Architecture
  • Community Pool
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of June 2024

Great opportunity on this beautiful Move-In Ready townhome in the popular Reserve at Broad Ripple. This unit is in a prime location directly on the Monon, close to all the great things Broad Ripple has to offer. The airy and open 2 story Great Rm features a cozy fireplace and scenic views of all the trees & greenery along the Monon. Open concept floor plan leads to the Kitchen & Dining/Flex space with a new deck. Bed, Full Bath & Laundry finish this floor. Newer carpet throughout. Upstairs features a loft that makes for a great work space that leads to the incredible Primary Suite complete w/ raised ceilings, fireplace, walk-in closet and large Bathroom w/ dual sinks, soaking tub & separate shower. The 2 car tandem garage offers lots of space. Several recent improvements including water softener and new deck boards '23, water heater '20, A/C & dishwasher '19. Move in just in time to enjoy the neighborhood pool! Priced to sell, don't miss it!

Last Agent to Sell the Property

Steve Clark

Compass Indiana, LLC Brokerage Email: steve@steveclarkteam.com License #RB14045792 Listed on: 05/15/2024

Compass Indiana, LLC

Last Buyer's Agent

Mallorie Wilson

The Real Estate Group License #RB14035766

The Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 2005

Lot Details

  • Mature Trees

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Oven
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490336123116000801

Community Details

Overview

  • Association fees include home owners, sewer, insurance, ground maintenance, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick

Recreation

  • Community Pool
  • Hiking Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,152

Year Built

Built in 2005

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2005
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Reserve At Broad Ripple
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: steve@steveclarkteam.com
  • Attribution Contact: steve@steveclarkteam.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room, Primary Bedroom
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Breakfast Bar, Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Skylight(s), Walk-in Closet(s)
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 800
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Foundation Details: Block
  • List Price: 330000
  • Patio And Porch Features: Covered Porch
  • Pool Private Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Asphalt, Garage Door Opener, Rear/Side Entry
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Pool, Sidewalks
  • Management Company Name: Kirkpatrick
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Sewer, Insurance, Maintenance Grounds, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Sidewalks, On Trail, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 2335
  • Parcel Number: 490336123116000801
  • Acres: <1/4 Acre
  • Price Acre: 6600000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4152
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2076
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 28, 2024
Sold by
Taylor Timothy O and Taylor Laura Wrenne
Bought by
Wilkens Bryan
Seller's Agent
Steve Clark
Compass Indiana, LLC
Buyer's Agent
Mallorie Wilson
The Real Estate Group
List Price
$330,000
Sold Price
$330,000
Views
22
Current Estimated Value
$338,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,831
Avg. Annual Appreciation
2.48%
Original Mortgage
$247,500
Outstanding Balance
$245,609
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$93,222

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 26, 2016
Sold by
Lynch Emma J
Bought by
Taylor Timothy O and Taylor Laura Wrenne
Seller's Agent
Russ Lawrence
F.C. Tucker Company
Buyer's Agent
Kristie Smith
Indy Homes
List Price
$247,500
Sold Price
$245,000
Premium/Discount to List
-$2,500
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
May 10, 2011
Sold by
Vatthyam Roshan K
Bought by
Lynch Emma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
1015 Llc
Bought by
Vathryn Roshan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2005
Sold by
Pittman Steve
Bought by
1015 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilkens Bryan $330,000 First American Title
Taylor Timothy O -- None Available
Lynch Emma J -- Investors Titlecorp
Vathryn Roshan K -- None Available
1015 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkens Bryan $247,500
Previous Owner Lynch Emma J $176,250
Previous Owner Lynch Emma J $176,000
Previous Owner Lynch Emma J $35,250
Previous Owner Vathryn Roshan K $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $330,000 0.0% $170 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $330,000 +34.7% $170 / Sq Ft
06/02/2016 06/02/16 Sold $245,000 -1.0% $126 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $247,500 -- $127 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $3,884 $318,800 $26,700 $292,100
2021 $3,300 $278,500 $26,500 $252,000
2020 $3,273 $275,200 $26,400 $248,800
2019 $3,281 $270,400 $26,500 $243,900
2018 $3,267 $266,800 $26,500 $240,300
2017 $2,643 $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 $2,576 $245,400 $27,100 $218,300
Source: Public Records

Agents Affiliated with this Home

  • Steve Clark

    Seller's Agent in 2024

    Steve Clark

    Compass Indiana, LLC

    (317) 345-4582

    7 in this area

    625 Total Sales

    Steve Clark
    Section Image
  • Mallorie Wilson

    Buyer's Agent in 2024

    Mallorie Wilson

    The Real Estate Group

    (317) 590-3434

    8 in this area

    221 Total Sales

    Mallorie Wilson
    Section Image
  • Russ Lawrence

    Seller's Agent in 2016

    Russ Lawrence

    F.C. Tucker Company

    (317) 439-3081

    7 in this area

    173 Total Sales

    Russ Lawrence
    Section Image
  • Michelle Miller

    Seller Co-Listing Agent in 2016

    Michelle Miller

    Ferris Property Group

    (317) 507-3786

    28 Total Sales

    Michelle Miller
    Section Image

  • K

    Buyer's Agent in 2016

    Kristie Smith

    Indy Homes

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21978844

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-116.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1015 Reserve Way, Indianapolis, IN

This home is located at 1015 Reserve Way, Indianapolis, IN 46220 since 15 May 2024 and is currently estimated at $338,831, approximately $174 per square foot. This property was built in 2005. 1015 Reserve Way is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes