NOT LISTED FOR SALE

1031 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $346,000 - $365,964

2 Beds
2 Baths
1,946 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $350,000 $180 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,595/month

3 Days on Market

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • Traditional Architecture
  • Deck
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of July 2022

Don't miss out on this Immaculate Condo in the Reserve! You will love coming home to this nicely appointed 2 BR/2 Bath Condo which is located on the Monon Trail, and just steps from Broad Ripple!! The open concept floor plan is perfect for entertaining & includes a Kitchen with an island, stainless appliances, cherry cabinets & gorgeous new Granite countertops and flows seamlessly to the dining room & light filled living room complete with gas fireplace! The spacious Master Bedroom Retreat features a second fireplace, custom walk-in closet, jetted tub & skylight! Upper Area/Loft perfect for Home Office! Newer Carpet & Luxury Vinyl Plank flooring throughout Great Room, Kitchen, Dining Room & Loft! Conveniently Located! All neutral decor!

Last Agent to Sell the Property

Sam Arce

F.C. Tucker Company Listed on: 05/19/2022

F.C. Tucker Company

Last Buyer's Agent

Erin Wessels

Good Living Indy, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 2004

Lot Details

  • 2,352 Sq Ft Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Gas Oven
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490336123124000801

Community Details

Overview

  • Association fees include home owners, ground maintenance, maintenance structure, maintenance, pool, management, snow removal, sewer
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,412

Year Built

Built in 2004

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2004
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.054
  • Subdivision Name: RESERVE AT BROAD RIPPLE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.samarce.com
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Cathedral Ceiling(s), Raised Ceiling(s), Walk-in Closet(s)
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Formal Dining 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,Sinks Double,Tub Full with Separate Shower,Tub Garden
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Eat In,Kitchen Some Updates
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 800

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: In Ground Pool, Pool Community
  • Foundation Details: Concrete Perimeter
  • List Price: 330000
  • Association Maintained Building Exterior: 1
  • Porch: Deck UP

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance Grounds, Maintenance Structure, Maintenance, Pool, Management, Snow Removal, Sewer, See Remarks

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123124000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 0
  • Lot Size: .05

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3412
  • Semi Annual Property Tax Amt: 1706
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 19, 2022
Sold by
Anthony Willm
Bought by
Wendling Kacy
Seller's Agent
Sam Arce
F.C. Tucker Company
Buyer's Agent
Erin Wessels
Good Living Indy, LLC
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Views
3
Current Estimated Value
$355,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,241
Avg. Annual Appreciation
0.39%
Original Mortgage
$262,500
Outstanding Balance
$253,146
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$101,004

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 21, 2020
Sold by
Williams Trevor
Bought by
Willm Anthony
Seller's Agent
Clay Bowden
CENTURY 21 Scheetz
Buyer's Agent
Laura Burnsed
List Price
$279,900
Sold Price
$278,000
Premium/Discount to List
-$1,900
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$264,100
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Westfield Reserve Llc
Bought by
Williams Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,600
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wendling Kacy $350,000 Schmitz David A
Willm Anthony $278,000 Meridian Title Corporation
Williams Trevor -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendling Kacy $262,500
Previous Owner Willm Anthony $264,100
Previous Owner Williams Trevor R $62,843
Previous Owner Williams Trevor $253,000
Previous Owner Williams Trevor $250,600
Previous Owner Williams Trevor $62,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $350,000 +6.1% $180 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $330,000 +18.7% $170 / Sq Ft
07/21/2020 07/21/20 Sold $278,000 -0.7% $143 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $279,900 +0.7% $144 / Sq Ft
06/02/2020 06/02/20 Off Market $278,000 -- --
05/06/2020 05/06/20 For Sale $279,900 0.0% $144 / Sq Ft
12/11/2015 12/11/15 Rented -- -- --
12/11/2015 12/11/15 Under Contract -- -- --
10/07/2015 10/07/15 For Rent $1,875 +7.1% --
02/24/2015 02/24/15 Rented $1,750 -7.9% --
02/24/2015 02/24/15 Under Contract -- -- --
12/11/2014 12/11/14 For Rent $1,900 -- --
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 $4,357 $343,500 $26,700 $316,800
2023 $4,357 $360,800 $26,800 $334,000
2022 $4,014 $330,100 $26,700 $303,400
2021 $3,411 $288,500 $26,500 $262,000
2020 $3,354 $282,700 $26,400 $256,300
2019 $6,604 $277,700 $26,500 $251,200
2018 $6,577 $274,100 $26,500 $247,600
2017 $5,363 $250,400 $26,400 $224,000
2016 $5,068 $241,700 $26,300 $215,400
2014 $2,775 $256,500 $26,900 $229,600
2013 $2,804 $269,600 $27,100 $242,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sam Arce

    F.C. Tucker Company

    Section Image

  • E

    Buyer's Agent in 2022

    Erin Wessels

    Good Living Indy, LLC

    Section Image
  • Clay Bowden

    Seller's Agent in 2020

    Clay Bowden

    CENTURY 21 Scheetz

    (317) 873-1009

    1 in this area

    14 Total Sales

    Clay Bowden
    Section Image

  • L

    Buyer's Agent in 2020

    Laura Burnsed

    Section Image

  • P

    Buyer's Agent in 2015

    Patrick Armbruster

  • B

    Buyer's Agent in 2015

    Barbara Bender

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21856488

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-124.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1031 Reserve Way, Indianapolis, IN

This home is located at 1031 Reserve Way, Indianapolis, IN 46220 since 19 May 2022 and is currently estimated at $355,241, approximately $182 per square foot. This property was built in 2004. 1031 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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