NOT LISTED FOR SALE

1023 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $343,597 - $361,000

2 Beds
2 Baths
1,946 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $274,900 $141 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,344/month

9 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Great Room with Fireplace
  • Traditional Architecture
  • Breakfast Room

About This Home

As of October 2020

Beautifully maintained 2 bed, 2 bath condo in sought after Reserve at Broad Ripple! Walk out your front door to the Monon Trail and head down to the Broad Ripple Village! Updates throughout including a stunning master suite with custom shower, his and her walk-in closets and vaulted ceilings. Kitchen boasts 42" cabinets, solid surface counter tops and SS appliances. Furnace is 3 years old. Garage door replaced this year. All new windows were installed in 2017. Large two car tandem garage with extra storage. Walk over to community pool to cool off on those hot summer days. Don't miss out on your chance to get into this great property!

Last Listed By

Andrew Rucker

Trueblood Real Estate License #RB14052333 Listed on: 08/14/2020

Trueblood Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 2005

Lot Details

  • 2,352

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Window Screens
  • Great Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Electric Air Filter
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490336123120000801

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, ground maintenance, pool, management, snow removal
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,414

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2005
  • Garage Y N: Yes
  • Subdivision Name: RESERVE AT BROAD RIPPLE
  • Inspection Warranties: General
  • Property Description: Beautifully maintained 2 bed, 2 bath condo in sought after Reserve at Broad Ripple! Walk out your front door to the Monon Trail and head down to the Broad Ripple Village! Updates throughout including a stunning master suite with custom shower, his and her walk-in closets and vaulted ceilings. Kitchen boasts 42" cabinets, solid surface counter tops and SS appliances. Furnace is 3 years old. Garage door replaced this year. All new windows were installed in 2017. Large two car tandem garage with extra storage. Walk over to community pool to cool off on those hot summer days. Don't miss out on your chance to get into this great property!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.TruebloodRE.com
  • Floor Number: 2
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Windows Thermal, Wood Work Painted
  • Living Area: 1946
  • Other Equipment: Network Ready, Smoke Detector
  • Room Count: 7
  • Areas Interior: Bath Sinks Double Main,Bedroom Other on Main,Foyer Small,Great Room - 2 Story,Laundry Room Main Level
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1946
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Fireplace,Shower Stall Full,Sinks Double,Sitting Room
  • Total Sq Ft: 1946
  • Kitchen Features: Breakfast Bar,Center Island,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 800

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, In Ground Pool, Pool Community
  • Foundation Details: Concrete Perimeter
  • List Price: 274900
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Rear Load Garage,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electronic Air Filter
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Insurance, Lawncare, Maintenance Grounds, Pool, Management, Snow Removal
  • Mandatory Fee: 250

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123120000801
  • Acres: CndHPRCoop
  • Lot Information: Street Lights,On Trail,Tree Mature
  • Lot Number: 1023
  • Lot Size: -0-

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3414
  • Semi Annual Property Tax Amt: 1707
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 15, 2020
Sold by
Shaffer Sarah E
Bought by
Rubeck Patrick
Seller's Agent
Andrew Rucker
Trueblood Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$285,000
Sold Price
$274,900
Premium/Discount to List
-$10,100
-3.54%
Total Days on Market
9
Current Estimated Value
$352,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,749
Avg. Annual Appreciation
5.55%
Original Mortgage
$261,155
Outstanding Balance
$234,502
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,147

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 16, 2016
Sold by
Roell Benjamin R
Bought by
Shaffer Sarah E
Seller's Agent
Mary Thomas
F.C. Tucker Company
Buyer's Agent
Delanie Schembra
Indy's HomePro Realtors
List Price
$269,900
Sold Price
$253,500
Premium/Discount to List
-$16,400
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Aug 30, 2010
Sold by
Duncan Cory
Bought by
Roell Benjamin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Westfield Reserve Llc
Bought by
Duncan Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,580
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

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
Rubeck Patrick $274,900 True Title Llc
Shaffer Sarah E -- None Available
Roell Benjamin R -- None Available
Duncan Cory -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubeck Patrick $20,000
Open Rubeck Patrick $261,155
Previous Owner Roell Benjamin R $176,250
Previous Owner Duncan Cory E $60,580
Previous Owner Duncan Cory $242,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $274,900 0.0% $141 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $274,900 -3.5% $141 / Sq Ft
08/14/2020 08/14/20 For Sale $285,000 +12.4% $146 / Sq Ft
12/16/2016 12/16/16 Sold $253,500 0.0% $130 / Sq Ft
11/08/2016 11/08/16 Off Market $253,500 -- --
10/20/2016 10/20/16 Price Changed $259,000 -2.3% $133 / Sq Ft
10/06/2016 10/06/16 Price Changed $265,000 -1.8% $136 / Sq Ft
09/20/2016 09/20/16 For Sale $269,900 -- $139 / 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 $4,453 $351,000 $26,700 $324,300
2023 $4,453 $368,700 $26,800 $341,900
2022 $4,111 $337,100 $26,700 $310,400
2021 $3,496 $294,800 $26,500 $268,300
2020 $3,455 $291,100 $26,400 $264,700
2019 $3,461 $285,900 $26,500 $259,400
2018 $3,550 $290,400 $26,500 $263,900
2017 $2,874 $265,400 $26,400 $239,000
2016 $2,715 $256,400 $26,300 $230,100
2014 $2,741 $253,400 $26,900 $226,500
2013 $2,777 $267,000 $27,100 $239,900
Source: Public Records

Agents Affiliated with this Home

  • Andrew Rucker

    Seller's Agent in 2020

    Andrew Rucker

    Trueblood Real Estate

    (317) 847-2492

    2 in this area

    128 Total Sales

    Andrew Rucker
    Section Image

  • N

    Buyer's Agent in 2020

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2020

    IUO Non-BLC Member

    Non-BLC Office

  • M

    Seller's Agent in 2016

    Mary Thomas

    F.C. Tucker Company

    (317) 435-1445

    1 in this area

    40 Total Sales

    Mary Thomas
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Christopher Thomas

  • Delanie Schembra

    Buyer's Agent in 2016

    Delanie Schembra

    Indy's HomePro Realtors

    (317) 652-0194

    1 in this area

    87 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21731905

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-120.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1023 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1023 Reserve Way, Indianapolis, IN 46220 since 14 August 2020 and is currently estimated at $352,649, approximately $181 per square foot. This property was built in 2005. 1023 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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