NOT LISTED FOR SALE

1048 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $356,000 - $371,000

2 Beds
2 Baths
1,946 Sq Ft
2,335 Sq Ft Lot

Last Sold December 09, 2016

Last sale price $242,000 $124 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,414/month

47 Days on Market

Highlights

  • Great Room with Fireplace
  • Balcony
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Walk-In Closet

About This Home

As of December 2016

Fantastic location and view! Front faces nature preserve with a side view of the Monon Trail. Four bonus windows in this end unit add lovely light and spatiality. Master Bedroom w/vaulted ceiling has fireplace, his/her closets and huge master bath w/dbl sinks, separate tub and shower. Kitchen features SS appliances & island. Beautiful dining area. Unit is like new. Walking distance to all the fun, shopping and dining in Broad Ripple.

Last Listed By

Sandra Tavel

F.C. Tucker Company License #RB14039094 Listed on: 09/27/2016

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 2005

Lot Details

  • 2,335

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Great Room with Fireplace
  • 2 Fireplaces
  • Attic Access Panel
  • Monitored

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Driveway

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490336123143000801

Community Details

Overview

  • Association fees include lawncare, ground maintenance, nature area, professional mgmt, snow removal, trash
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,472

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2015
  • Year Built: 2005
  • Garage Y N: Yes
  • Lot Size Acres: 0.0536
  • Subdivision Name: RESERVE AT BROAD RIPPLE
  • Inspection Warranties: Not Applicable
  • Property Description: Fantastic location and view! Front faces nature preserve with a side view of the Monon Trail. Four bonus windows in this end unit add lovely light and spatiality. Master Bedroom w/vaulted ceiling has fireplace, his/her closets and huge master bath w/dbl sinks, separate tub and shower. Kitchen features SS appliances & island. Beautiful dining area. Unit is like new. Walking distance to all the fun, shopping and dining in Broad Ripple.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Skylight(s), Wood Work Painted
  • Living Area: 1946
  • Other Equipment: Security Alarm Monitored, Smoke Detector
  • Room Count: 7
  • Areas Interior: Bath Sinks Dbl Main,Great Room - 2 Story,Laundry in Unit
  • Eating Area: Center Island,Formal Dining Room,Kitchen Galley,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1946
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,Fireplace,Tub Full with Separate Shower,Shower Stall Full,Closet Walk in
  • Total Sq Ft: 1946
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 800
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Slab
  • List Price: 250000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached,TANDEM
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • Condo Description Location: Building Private Entry,End Unit
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Lawncare, Maintenance Grounds, Nature Area, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 215

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123143000801
  • Acres: CndHPRCoop
  • Lot Information: Corner,Sidewalks,On Trail,Wooded
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5472
  • Semi Annual Property Tax Amt: 2736
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Dec 9, 2016
Sold by
Glazer H Price H and Glazer Martha T
Bought by
Sam Brannon J
Seller's Agent
Sandra Tavel
F.C. Tucker Company
Buyer's Agent
Kristie Blankenhorn
F.C. Tucker Company
List Price
$250,000
Sold Price
$242,000
Premium/Discount to List
-$8,000
-3.2%
Total Days on Market
47
Current Estimated Value
$363,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,982
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Chase Brian E and Chase Michele E
Bought by
Glazer H Price H and Glazer Martha T

Purchase Details

Closed on
Apr 11, 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
$216,450
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Sam Brannon J -- None Available
Glazer H Price H -- None Available
Chase Brian E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam Brannon J $217,000
Closed Sam Brannon J $216,500
Previous Owner Chase Brian E $216,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $242,000 -3.2% $124 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $250,000 -- $128 / 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 $4,518 $355,900 $26,700 $329,200
2023 $4,518 $374,000 $26,800 $347,200
2022 $4,159 $342,100 $26,700 $315,400
2021 $3,531 $298,500 $26,500 $272,000
2020 $3,504 $295,100 $26,400 $268,700
2019 $3,509 $289,800 $26,500 $263,300
2018 $3,498 $286,200 $26,500 $259,700
2017 $2,828 $261,200 $26,400 $234,800
2016 $2,669 $252,000 $26,300 $225,700
2014 $5,390 $249,300 $26,900 $222,400
2013 $5,534 $263,000 $27,100 $235,900
Source: Public Records

Agents Affiliated with this Home

  • Sandra Tavel

    Seller's Agent in 2016

    Sandra Tavel

    F.C. Tucker Company

    (317) 660-5038

    4 Total Sales

    Sandra Tavel
    Section Image
  • Kristie Blankenhorn

    Buyer's Agent in 2016

    Kristie Blankenhorn

    F.C. Tucker Company

    (317) 590-3074

    89 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21445338

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-143.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1048 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1048 Reserve Way, Indianapolis, IN 46220 since 27 September 2016 and is currently estimated at $363,982, approximately $187 per square foot. This property was built in 2005. 1048 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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