NOT LISTED FOR SALE

1037 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $343,781 - $353,000

2 Beds
2 Baths
1,946 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $316,500 $163 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,561/month

1 Day on Market

Highlights

  • Home fronts a pond
  • Contemporary Architecture
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Outdoor Water Feature

About This Home

As of August 2021

Welcome to your new home! Overlooking the Monon Trail, this home boasts of many updates including new carpet & fresh paint throughout. The kitchen is open to living area perfect for entertaining with slate floors, granite counter tops & stainless appliances. Master bedroom offers hardwood floors, a fireplace, large walk-in closet & master bath that has a skylight for nature light. Water heater new in 2021.

Last Listed By

Jimmy Dulin II

eXp Realty, LLC Listed on: 07/08/2021

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Sprinkler System

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Water Feature

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490336123127000801

Community Details

Overview

  • Association fees include insurance, ground maintenance, nature area, snow removal, trash, sewer
  • Reserve At Broad Ripple Subdivision
  • Property managed by Reserve at Broad Ripple

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,190

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2005
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Subdivision Name: Reserve At Broad Ripple
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Entry Level: 1
  • MBR_AttributionContact: jimmy.dulin@exprealty.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood, Gas Water Heater, Humidifier
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Primary Bedroom, Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Wood Work Painted, Breakfast Bar
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 800
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 1
  • SqFt Total: 1946

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Water Feature Fountain, Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 310000
  • Patio And Porch Features: Covered Porch
  • Pool Features: Association
  • Waterfront Features: Pond

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Garage Parking Other: Keyless Entry

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: Reserve at Broad Ripple
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Nature Area, Snow Removal, Trash, Sewer

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490336123127000801
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3190
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1595
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 12, 2021
Sold by
Seyfert Brian and West Starla
Bought by
Grahn Sarah
Seller's Agent
Jimmy Dulin II
eXp Realty, LLC
Buyer's Agent
Carolyn Gartland
CENTURY 21 Scheetz
List Price
$310,000
Sold Price
$316,500
Premium/Discount to List
$6,500
2.1%
Total Days on Market
1
Current Estimated Value
$347,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,445
Avg. Annual Appreciation
2.53%
Original Mortgage
$253,200
Outstanding Balance
$232,707
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$115,238

Purchase Details

Closed on
Apr 27, 2007
Sold by
Bales John M
Bought by
Seyfert Brian and West Starla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
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
$217,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Grahn Sarah -- Lenders Escrow & Title
Seyfert Brian -- None Available
Bales John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grahn Sarah $253,200
Previous Owner Seyfert Brian $217,500
Previous Owner Bales John M $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $316,500 +2.1% $163 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $310,000 -- $159 / 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 $4,170 $328,900 $26,700 $302,200
2023 $4,170 $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 $2,531 $243,600 $27,100 $216,500
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Dulin II

    Seller's Agent in 2021

    Jimmy Dulin II

    eXp Realty, LLC

    (317) 281-5737

    3 in this area

    60 Total Sales

    Section Image
  • Carolyn Gartland

    Buyer's Agent in 2021

    Carolyn Gartland

    CENTURY 21 Scheetz

    (317) 407-4339

    2 in this area

    16 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21796927

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-127.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1037 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1037 Reserve Way, Indianapolis, IN 46220 since 08 July 2021 and is currently estimated at $347,945, approximately $178 per square foot. This property was built in 2005. 1037 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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