1031 Reserve Way Indianapolis, IN 46220
Broad Ripple Neighborhood
2
Beds
2
Baths
1,946
Sq Ft
$265/mo
HOA Fee
Highlights
- In Ground Pool
- Family Room with Fireplace
- Traditional Architecture
- Deck
- Cathedral Ceiling
- Formal Dining Room
About This Home
As of July 2022Don'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
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
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
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
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 | $350,000 | Schmitz David A | |
| Warranty Deed | $278,000 | Meridian Title Corporation | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Previous Owner | $264,100 | New Conventional | |
| Previous Owner | $62,843 | Unknown | |
| Previous Owner | $253,000 | New Conventional | |
| Previous Owner | $250,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $62,650 | Credit Line Revolving |
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
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
-
E
Buyer's Agent in 2022
Erin Wessels
Good Living Indy, LLC
-
Clay Bowden
Seller's Agent in 2020
Clay Bowden
CENTURY 21 Scheetz
(317) 873-1009
1 in this area
14 Total Sales
-
L
Buyer's Agent in 2020
Laura Burnsed
-
P
Buyer's Agent in 2015
Patrick Armbruster
-
B
Buyer's Agent in 2015
Barbara Bender
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21856488
APN: 49-03-36-123-124.000-801
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