$268,000 - $286,000
RENTED JUN 20, 2024

1046 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood
2 Beds
1 Bath
1,207 Sq Ft
$233 Price per Sq Ft

Last Sold April 21, 2021

Last sale price $222,500 $184 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,364/month

About This Home

As of April 2021

Sought after End Unit facing the Nature Preserve in Reserve at Broad Ripple! Updates and upgrades galore - fresh paint, newer appliances, luxury vinyl plank floors, newer carpeting, blinds throughout! 2 Bedroom, 1 bathroom unit has Living Room, Dining Room, Kitchen, laundry room, and 2 bedrooms on main level. Lower level features a one car garage plus versatile Bonus Room perfect for home office, exercise - let your imagination be your guide! Large community pool located in the center of the complex is a nice plus! Washer/dryer are included. Rent includes once a month cleaning service from domestic divas.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Brooks Gordon James and Brooks Angela Collette
Bought by
Springbrook Properties Llc
Current Estimated Value
$280,773

Purchase Details

Listed on
Apr 23, 2021
Closed on
Apr 21, 2021
Sold by
Chase Brian E and Chase Michele E
Bought by
Brooks Gordon James and Brooks Angela Collette
Seller's Agent
Jane Wells
F.C. Tucker Company
Buyer's Agent
Jane Wells
F.C. Tucker Company
Sold Price
$1,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$153,630
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Westfield Reserve Llc
Bought by
Chase Brian E and Chase Michele E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2005
Sold by
Westfield Reserve Llc
Bought by
Chase Brian E and Chase Michele E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Springbrook Properties Llc -- None Available
Brooks Gordon James $222,500 None Available
Chase Brian E -- None Available
Chase Brian E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Gordon James $153,630
Previous Owner Chase Brian E $147,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Rented $1,990 0.0% --
06/06/2024 06/06/24 Under Contract -- -- --
05/28/2024 05/28/24 For Rent $1,990 +7.6% --
06/30/2022 06/30/22 Rented $1,850 0.0% --
05/31/2022 05/31/22 Under Contract -- -- --
05/16/2022 05/16/22 For Rent $1,850 +12.1% --
05/25/2021 05/25/21 Rented -- -- --
05/02/2021 05/02/21 Under Contract -- -- --
04/23/2021 04/23/21 For Rent $1,650 0.0% --
04/21/2021 04/21/21 Sold $222,500 +1.1% $174 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $220,000 -- $172 / Sq Ft

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 $6,040 $240,900 $26,700 $214,200
2023 $6,040 $252,500 $26,800 $225,700
2022 $5,523 $231,700 $26,700 $205,000
2021 $4,719 $202,400 $26,500 $175,900
2020 $4,683 $200,100 $26,400 $173,700
2019 $4,692 $196,700 $26,500 $170,200
2018 $4,679 $194,400 $26,500 $167,900
2017 $3,822 $177,800 $26,400 $151,400
2016 $3,616 $171,800 $26,300 $145,500
2014 $3,682 $170,300 $26,900 $143,400
2013 $3,726 $179,200 $27,100 $152,100
Source: Public Records

Agents Affiliated with this Home

  • Jane Wells

    Seller's Agent in 2024

    Jane Wells

    F.C. Tucker Company

    (317) 509-4663

    2 in this area

    139 Total Sales

    Jane Wells
    Section Image

  • N

    Buyer's Agent in 2022

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2022

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Indiana Marion County Indianapolis 46220 Broad Ripple

1046 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1046 Reserve Way, Indianapolis, IN 46220 and is currently estimated at $280,773, approximately $232 per square foot. 1046 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.

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