NOT LISTED FOR SALE

1022 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $348,605 - $374,000

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

Last Sold June 07, 2024

Last sale price $355,000 $182 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,632/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Formal Dining Room
  • Traditional Architecture
  • Tennis Courts
  • Balcony

About This Home

As of June 2024

WANT TO LIVE ON THE MONON, IN A FULLY UPDATED HOME W/ MAINTENANCE FREE LIVING? THIS HOME HAS IT ALL: Location, Updates, Pool, Monon Trail , Broad Ripple, Art Center, Zero Road Noise & Close Guest Parking. This unit is move in ready. Large Great Room w/ Gas log fireplace, Kitchen has SS Appl, Granite Counters, Open Floorplan, W/Formal Dining Area. Huge Primary Bedroom Ensuite W/ Custom Shower in Primary Bath & Double Vanity. TWO Amazing Closets in Primary Bedroom. Main level Bedroom, 2nd Bath has been updated. NEWER HVAC (2020). Large Loft upstairs can be office or playroom. Attached 2 car tandem garage, extra long for storage. This is a MUST see!!

Last Agent to Sell the Property

Michele Marsh

Integrity Home Realty Brokerage Email: movewithmarsh@gmail.com License #RB14031794 Listed on: 03/20/2024

Last Buyer's Agent

Susan Sommer

Carpenter, REALTORS® License #RB14045718

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 2,178

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 490336123104000801

Community Details

Overview

  • Association fees include lawncare, ground maintenance, maintenance structure, nature area, snow removal, trash
  • Association Phone (317) 570-4358
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,962

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • 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
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.dropbox.com/scl/fi/phzcyc2tn0cc70vjqp2cm/Final.mp4?rlkey=5vz5tjhq4j8v77a18cys0fiz4&dl=0
  • Accessibility Features YN: No
  • Floor Number: 10
  • Lifestyles: Walk Up
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: movewithmarsh@gmail.com
  • Attribution Contact: movewithmarsh@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Vaulted Ceiling(s), Center Island, Walk-in Closet(s)
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 800
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Foundation Details: Poured Concrete
  • List Price: 357500
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Tandem
  • Garage Parking Other: Finished Garage,Garage Door Opener,Guest Street Parking,Keyless Entry

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Pool, Tennis Court(s)
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Lawncare, Maintenance Grounds, Maintenance Structure, Nature Area, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 2335
  • Parcel Number: 490336123104000801
  • Acres: <1/4 Acre
  • Price Acre: 7100000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3962
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1981
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 11, 2024
Sold by
Fuson Zachary Shawn
Bought by
Saczawa John Stanley and Dickson Marie L
Seller's Agent
Michele Marsh
Integrity Home Realty
Buyer's Agent
Susan Sommer
Carpenter, REALTORS®
List Price
$357,500
Sold Price
$355,000
Premium/Discount to List
-$2,500
-0.7%
Views
60
Current Estimated Value
$357,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,401
Avg. Annual Appreciation
0.61%
Original Mortgage
$335,350
Outstanding Balance
$332,662
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$24,739

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 11, 2021
Sold by
Hughes Ashley Anne
Bought by
Fuson Zachary Shawn
Seller's Agent
Nicholas Laviolette
Compass Indiana, LLC
Buyer's Agent
Tim Queisser
F.C. Tucker Company
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$264,000
Interest Rate
3.1%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 14, 2012
Closed on
May 14, 2012
Sold by
Zivitz Martin W
Bought by
Hughes Ashley Anne
Seller's Agent
Patricia O'Connor
Berkshire Hathaway Home
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$197,910
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Westfield Reserve Llc
Bought by
Zivitz Martin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,840
Interest Rate
5.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Saczawa John Stanley $355,000 First American Title
Fuson Zachary Shawn -- None Available
Hughes Ashley Anne -- Chicago Title Company Llc
Zivitz Martin W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saczawa John Stanley $335,350
Previous Owner Fuson Zachary Shawn $264,000
Previous Owner Hughes Ashley Anne $197,910
Previous Owner Zivitz Martin W $80,300
Previous Owner Zivitz Martin W $46,840
Previous Owner Zivitz Martin W $187,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $355,000 -0.7% $182 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $357,500 +8.3% $184 / Sq Ft
05/11/2021 05/11/21 Sold $330,000 +1.5% $170 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $325,000 +47.8% $167 / Sq Ft
05/14/2012 05/14/12 Sold $219,900 0.0% $113 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $219,900 -- $113 / 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 $4,358 $343,400 $26,700 $316,700
2023 $4,358 $360,900 $26,800 $334,100
2022 $4,013 $330,100 $26,700 $303,400
2021 $3,409 $288,300 $26,500 $261,800
2020 $3,382 $285,000 $26,400 $258,600
2019 $3,387 $279,900 $26,500 $253,400
2018 $3,373 $276,200 $26,500 $249,700
2017 $2,732 $252,300 $26,400 $225,900
2016 $2,353 $243,600 $26,300 $217,300
2014 $2,602 $240,800 $26,900 $213,900
2013 $2,640 $254,000 $27,100 $226,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michele Marsh

    Integrity Home Realty

    (317) 294-5045

    1 in this area

    70 Total Sales

    Michele Marsh
    Section Image
  • Susan Sommer

    Buyer's Agent in 2024

    Susan Sommer

    Carpenter, REALTORS®

    (317) 408-7074

    1 in this area

    87 Total Sales

    Susan Sommer
    Section Image
  • Nicholas Laviolette

    Seller's Agent in 2021

    Nicholas Laviolette

    Compass Indiana, LLC

    (317) 690-3370

    3 in this area

    296 Total Sales

    Nicholas Laviolette
    Section Image
  • Zach Bell

    Seller Co-Listing Agent in 2021

    Zach Bell

    Compass Indiana, LLC

    (317) 443-1121

    3 in this area

    67 Total Sales

    Zach Bell
    Section Image

  • T

    Buyer's Agent in 2021

    Tim Queisser

    F.C. Tucker Company

    Section Image

  • P

    Seller's Agent in 2012

    Patricia O'Connor

    Berkshire Hathaway Home

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21969500

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-104.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1022 Reserve Way, Indianapolis, IN

This home is located at 1022 Reserve Way, Indianapolis, IN 46220 since 20 March 2024 and is currently estimated at $357,401, approximately $183 per square foot. This property was built in 2005. 1022 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.

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