NOT LISTED FOR SALE

1041 Reserve Way Unit 511041 Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $276,575 - $281,000

2 Beds
2 Baths
1,031 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 1041 Reserve Way Unit 511041, Indianapolis, IN 46220 and is currently estimated at $278,144, approximately $269 per square foot. 1041 Reserve Way Unit 511041 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).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Rhoads Larry A and Rhoads Karen L
Bought by
Mauer Alden J and Mauer Lisa J
Current Estimated Value
$278,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$248,331
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$29,813

Purchase Details

Closed on
Jul 24, 2006
Sold by
Bales John M
Bought by
Rhoads Larry A and Rhoads Karen L

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.

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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.

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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.

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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.

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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
Mauer Alden J $280,000 Stewart Title Company
Rhoads Larry A -- None Available
John M -- None Available
Rhoads Larry A -- None Available
Bales John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mauer Alden J $252,000
Source: Public Records

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 $5,900 $235,000 $26,700 $208,300
2023 $5,900 $246,600 $26,800 $219,800
2022 $5,398 $226,300 $26,700 $199,600
2021 $4,670 $200,300 $26,500 $173,800
2020 $4,639 $198,200 $26,400 $171,800
2019 $4,647 $194,800 $26,500 $168,300
2018 $4,741 $197,000 $26,500 $170,500
2017 $3,873 $180,200 $26,400 $153,800
2016 $3,668 $174,300 $26,300 $148,000
2014 $3,732 $172,600 $26,900 $145,700
2013 $3,775 $181,600 $27,100 $154,500
Source: Public Records

Map

Indiana Marion County Indianapolis 46220 Broad Ripple

1041 Reserve Way Unit 511041, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1041 Reserve Way Unit 511041, Indianapolis, IN 46220 and is currently estimated at $278,144, approximately $269 per square foot. 1041 Reserve Way Unit 511041 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).

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