1026 Reserve Way Indianapolis, IN 46220
Broad Ripple Neighborhood
2
Beds
1
Bath
1,281
Sq Ft
$290/mo
HOA Fee
Highlights
- Mature Trees
- Community Pool
- Balcony
- Traditional Architecture
- Formal Dining Room
- 1 Car Attached Garage
About This Home
As of June 2024Unbeatable location! Nestled inside this highly desirable Broad Ripple community with direct Monon access, this move-in-ready condo boasts tranquil views and a serene atmosphere from the moment you walk out the front door. Perfect for those seeking low-maintenance living combined with ease of access to recreation, local boutiques and restaurants, and entertainment. With 1,200+ sq.ft of living space and an open-concept floor plan, attractive flooring, tall ceilings, stainless steel appliances, granite countertops and more. Two comfortable bedrooms offer natural light and sizable closet space. In-unit washer/dryer (stackable) conveniently located on the main level. Finished bonus room on lower level adds functionality, providing opportunity for storage, office and/or rec space for future owner to enjoy. Updates to major components - HVAC, water heater and garage door opener. The community includes a pristine in-ground pool, surrounded by beautiful grounds and nature, providing a serene backdrop for relaxation and recreation. Experience all that Broad Ripple has to offer! Truly a must-see.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Email: danielle@daniellemaynardrealestate.com License #RB14039075 Listed on: 05/23/2024
Last Buyer's Agent
Jamie Boer
Compass Indiana, LLC
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,578
Year Built
- Built in 2005
HOA Fees
- $290 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Woodwork
- Formal Dining Room
- Finished Basement
Kitchen
- Gas Oven
- <<builtInMicrowave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Utilities
- Humidifier
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Balcony
- Mature Trees
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 490336123106000801
Community Details
Overview
- Association fees include home owners, insurance, ground maintenance, maintenance structure, maintenance, 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
May 23, 2024
Closed on
Jun 21, 2024
Sold by
Loughery John L
Bought by
Heredia Joni L
Seller's Agent
Danielle Maynard
eXp Realty, LLC
Buyer's Agent
Jamie Boer
Compass Indiana, LLC
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Views
18
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
$1,721
Avg. Annual Appreciation
0.58%
Original Mortgage
$238,000
Outstanding Balance
$235,799
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$45,922
Purchase Details
Listed on
Feb 17, 2017
Closed on
Apr 14, 2017
Sold by
Todd M
Bought by
John L
Seller's Agent
Kelly Todd
Compass Indiana, LLC
Buyer's Agent
Chris Dykes
Carpenter, REALTORS®
List Price
$199,900
Sold Price
$190,500
Premium/Discount to List
-$9,400
-4.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$152,400
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 23, 2010
Sold by
King Brian and King Julie L
Bought by
Klaassen Todd M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2005
Sold by
Westfield Reserve Llc
Bought by
King Julie L and King Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | Stewart Title Company | |
| Deed | $190,500 | -- | |
| Deed | $190,500 | Title Service, Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $238,000 | New Conventional | |
| Previous Owner | $152,400 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $252,500 | No Value Available | |
| Previous Owner | $138,500 | New Conventional | |
| Previous Owner | $140,800 | New Conventional | |
| Previous Owner | $130,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $280,000 | 0.0% | $219 / Sq Ft |
| 05/26/2024 05/26/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $279,900 | +46.9% | $219 / Sq Ft |
| 04/14/2017 04/14/17 | Sold | $190,500 | -4.7% | $149 / Sq Ft |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- |
| 02/17/2017 02/17/17 | For Sale | $199,900 | -- | $156 / 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 | $2,847 | $226,500 | $26,700 | $199,800 |
| 2023 | $2,847 | $237,400 | $26,800 | $210,600 |
| 2022 | $2,628 | $218,000 | $26,700 | $191,300 |
| 2021 | $2,237 | $190,600 | $26,500 | $164,100 |
| 2020 | $2,218 | $188,400 | $26,400 | $162,000 |
| 2019 | $2,219 | $185,300 | $26,500 | $158,800 |
| 2018 | $2,209 | $183,000 | $26,500 | $156,500 |
| 2017 | $1,815 | $167,400 | $26,400 | $141,000 |
| 2016 | $1,723 | $162,000 | $26,300 | $135,700 |
| 2014 | $1,717 | $160,500 | $26,900 | $133,600 |
| 2013 | $1,761 | $168,700 | $27,100 | $141,600 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Maynard
Seller's Agent in 2024
Danielle Maynard
eXp Realty, LLC
(317) 946-9676
3 in this area
65 Total Sales
-
J
Buyer's Agent in 2024
Jamie Boer
Compass Indiana, LLC
-
Alison Shailes
A
Buyer Co-Listing Agent in 2024
Alison Shailes
Compass Indiana, LLC
1 in this area
32 Total Sales
-
Kelly Todd
Seller's Agent in 2017
Kelly Todd
Compass Indiana, LLC
(317) 258-5253
16 in this area
195 Total Sales
-
Chris Dykes
Buyer's Agent in 2017
Chris Dykes
Carpenter, REALTORS®
(317) 640-2210
2 in this area
118 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21979483
APN: 49-03-36-123-106.000-801
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