NOT LISTED FOR SALE

1036 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $355,839 - $367,000

3 Beds
2 Baths
1,946 Sq Ft
$280/mo HOA Fee

Last Sold July 14, 2023

Last sale price $360,000 $185 Per Sq Ft

Current estimated payment $2,982/month

53 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Combination Kitchen and Dining Room
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of July 2023

Beautiful 3 bedroom Broad Ripple Condo located directly on the Monon Trail and across from the Indianapolis Art Center. New granite counter tops, Kitchenaid appliances, LG front load washer/dryer, 2 full baths with large garden tubs, office loft, and a 2 car garage.

Last Listed By

Craig Greenwood

Trueblood Real Estate License #RB19001335 Listed on: 04/21/2023

Trueblood Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 2,352

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Lot
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • City Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick

Listing and Financial Details

  • Tax Lot 49-03-36-123-111.000-801
  • Assessor Parcel Number 490336123111000801

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,216

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2005
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.054
  • Subdivision Name: Reserve At Broad Ripple
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 3
  • Lifestyles: Garden/Patio/Zero Lot
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: cgreenwood@truebloodre.com
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Washer
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1146
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 375000
  • Property Condition: Updated/Remodeled
  • View: City
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123111000801
  • Acres: <1/4 Acre
  • Price Acre: 6666666.66666667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3216
  • Tax Lot: 49-03-36-123-111.000-801
  • Semi Annual Property Tax Amt: 1608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 12, 2023
Sold by
Aldrich Brock L
Bought by
Gillespie Rebecca
Seller's Agent
Craig Greenwood
Trueblood Real Estate
Buyer's Agent
Beverly Goldstein
eXp Realty, LLC
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Total Days on Market
53
Views
284
Current Estimated Value
$359,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40
Avg. Annual Appreciation
-0.01%
Original Mortgage
$288,000
Outstanding Balance
$282,448
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$77,512

Purchase Details

Closed on
Apr 19, 2005
Sold by
Westfield Reserve Llc
Bought by
Aldrich Brock L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,080
Interest Rate
6.13%
Mortgage Type
New Conventional

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
Gillespie Rebecca $360,000 None Listed On Document
Aldrich Brock L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Rebecca $288,000
Previous Owner Aldrich Brock L $52,000
Previous Owner Aldrich Brock L $174,800
Previous Owner Aldrich Brock L $197,080
Previous Owner Aldrich Brock L $36,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $360,000 -4.0% $185 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $375,000 +4.2% $193 / Sq Ft
05/31/2023 05/31/23 Off Market $360,000 -- --
05/12/2023 05/12/23 Price Changed $375,000 -2.6% $193 / Sq Ft
04/21/2023 04/21/23 Price Changed $385,000 +35.1% $198 / Sq Ft
04/21/2023 04/21/23 For Sale $285,000 -- $146 / 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 $8,246 $328,900 $26,700 $302,200
2023 $8,246 $345,500 $26,800 $318,700
2022 $3,841 $316,200 $26,700 $289,500
2021 $3,266 $276,400 $26,500 $249,900
2020 $3,238 $273,100 $26,400 $246,700
2019 $3,243 $268,200 $26,500 $241,700
2018 $3,230 $264,800 $26,500 $238,300
2017 $2,620 $241,900 $26,400 $215,500
2016 $2,474 $233,500 $26,300 $207,200
2014 $2,494 $231,000 $26,900 $204,100
2013 $2,556 $243,600 $27,100 $216,500
Source: Public Records

Agents Affiliated with this Home

  • Craig Greenwood

    Seller's Agent in 2023

    Craig Greenwood

    Trueblood Real Estate

    (317) 620-1511

    5 in this area

    28 Total Sales

    Craig Greenwood
    Section Image

  • B

    Buyer's Agent in 2023

    Beverly Goldstein

    eXp Realty, LLC

    (317) 432-4784

    1 in this area

    37 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21916997

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-111.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1036 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1036 Reserve Way, Indianapolis, IN 46220 since 21 April 2023 and is currently estimated at $359,960, approximately $184 per square foot. This property was built in 2005. 1036 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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