NOT LISTED FOR SALE

1035 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $259,000 - $326,000

2 Beds
1.5 Baths
1,202 Sq Ft
2,178 Sq Ft Lot

Last Sold May 07, 2014

Last sale price $165,000 $137 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,036/month

113 Days on Market

Highlights

  • In Ground Pool
  • Outdoor Water Feature
  • Woodwork
  • Vaulted Ceiling
  • Storm Windows
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Great investment in Broad Ripple, on the Monon with a pool. Stainless steel appliances slate tile floors in bath and kitchen. Wood floors in living room and dining room. Granite countertops in kitchen & main bath, pedestal in 1/2 bath. Maintenance free living, 42" cabinets, hammered metal sinks. Flood insurance is included in the monthly dues. 10x17 finished basement: currently used as a third bedroom.

Last Agent to Sell the Property

Pat Haddad

Realty World Indy License #RB14023803 Listed on: 10/15/2013

Realty World Indy

Co-Listed By

William Haddad

Realty World Indy License #RB14052010

Last Buyer's Agent

Amy Castanares

Engel & Volkers

Engel & Volkers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,202 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Outdoor Water Feature

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 490336123126000801

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, nature area, pool, professional mgmt, snow removal, trash
  • Reserve At Broad Ripple Subdivision

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,922

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2005
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: RESERVE AT BROAD RIPPLE
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment in Broad Ripple, on the Monon with a pool. Stainless steel appliances slate tile floors in bath and kitchen. Wood floors in living room and dining room. Granite countertops in kitchen & main bath, pedestal in 1/2 bath. Maintenance free living, 42" cabinets, hammered metal sinks. Flood insurance is included in the monthly dues. 10x17 finished basement: currently used as a third bedroom.
  • Transaction Type: Sale
  • Website: www.haddadteam.com
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Storms Complete, Wood Work Painted
  • Living Area: 1202
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Breakfast Bar,Formal Dining Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1031
  • Main Level Sq Ft: 1031
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony
  • Total Sq Ft: 1202
  • Below Grade Sq Ft: 171
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Driveway Asphalt, In Ground Pool, Irrigation System, Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • List Price: 175000
  • Association Maintained Building Exterior: 1
  • Construction Stage: Resale

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Ground Level

Fee Information

  • Association Fee Includes: Insurance, Lawncare, Maintenance Grounds, Nature Area, Pool, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 198

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123126000801
  • Acres: CndHPRCoop
  • Lot Information: On Trail,Pond,Sidewalks,Street Lights
  • Lot Number: .
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 3922
  • Semi Annual Property Tax Amt: 1961
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
La Design Llc
Bought by
Abrams Joshua D
Current Estimated Value
$288,013

Purchase Details

Closed on
Apr 17, 2024
Sold by
La Design Llc
Bought by
Abrams Joshua D

Purchase Details

Listed on
Oct 15, 2013
Closed on
May 7, 2014
Sold by
Ganesan Madhavi
Bought by
L A Design Llc
Seller's Agent
Pat Haddad
Realty World Indy
Buyer's Agent
Amy Castanares
Engel & Volkers
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Jul 11, 2006
Sold by
Bales John M
Bought by
Ganesan Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
8.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2006
Sold by
Westfield Reserve Llc
Bought by
Bales John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
8.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abrams Joshua D -- None Listed On Document
Abrams Joshua D -- None Listed On Document
L A Design Llc $165,000 Nations Title Agency
L A Design Llc -- None Available
Ganesan Madhavi -- None Available
Bales John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ganesan Madhavi $201,600
Previous Owner Bales John M $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $165,000 -5.7% $137 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
02/05/2014 02/05/14 Price Changed $175,000 -2.8% $146 / Sq Ft
10/15/2013 10/15/13 For Sale $180,000 -- $150 / 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 $5,606 $223,700 $26,700 $197,000
2023 $5,606 $234,200 $26,800 $207,400
2022 $5,122 $215,100 $26,700 $188,400
2021 $4,386 $188,400 $26,500 $161,900
2020 $4,351 $186,200 $26,400 $159,800
2019 $4,360 $183,100 $26,500 $156,600
2018 $4,763 $198,400 $26,500 $171,900
2017 $3,929 $183,000 $26,400 $156,600
2016 $3,736 $177,700 $26,300 $151,400
2014 $3,810 $176,200 $26,900 $149,300
2013 $3,832 $184,300 $27,100 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Pat Haddad

    Seller's Agent in 2014

    Pat Haddad

    Realty World Indy

    (317) 840-7555

    110 Total Sales

    Pat Haddad
    Section Image
  • William Haddad

    Seller Co-Listing Agent in 2014

    William Haddad

    Realty World Indy

    (317) 372-0755

    1 Total Sale

    William Haddad
    Section Image

  • A

    Buyer's Agent in 2014

    Amy Castanares

    Engel & Volkers

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21260868

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-126.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1035 Reserve Way, Indianapolis, IN

This home is located at 1035 Reserve Way, Indianapolis, IN 46220 since 15 October 2013 and is currently estimated at $288,013, approximately $239 per square foot. This property was built in 2005. 1035 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.

Nearby Homes