NOT LISTED FOR SALE

1059 Reserve Way Unit 11/1059 Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $331,000 - $367,000

2 Beds
2 Baths
1,946 Sq Ft
2,178 Sq Ft Lot

Last Sold August 12, 2014

Last sale price $212,500 $109 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,211/month

124 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Porch
  • Outdoor Water Feature
  • Skylights
  • Woodwork

About This Home

As of August 2014

Broad Ripple pool side condo at popular RESERVE! POOL/patio in front/Monon Trail in back!! Open/airy condo neutrally decorated, move-in ready! 2story clng in GR, gourmet kit w/cherry cabinets,corian counter tops and stnlss appli.Formal/casual dining area, 2BR on different levels provides privacy for roommates/guests. Luxurious Master BD on 3rd floor is rough w/walk-in closet,loft area attached to master/BR for office. Location can't be beat, walking distance to Broad Ripple!2car tandem garage!

Last Agent to Sell the Property

Brian Sanders

CENTURY 21 Scheetz License #RB14050052 Listed on: 03/11/2014

CENTURY 21 Scheetz

Last Buyer's Agent

Jeffrey Paxson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Water Feature
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490336123136000801

Community Details

Overview

  • Association fees include ground maintenance, maintenance, nature area, pool
  • Reserve At Broad Ripple Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,514

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2005
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: RESERVE AT BROAD RIPPLE
  • Inspection Warranties: Not Applicable
  • Property Description: Broad Ripple pool side condo at popular RESERVE! POOL/patio in front/Monon Trail in back!! Open/airy condo neutrally decorated, move-in ready! 2story clng in GR, gourmet kit w/cherry cabinets,corian counter tops and stnlss appli.Formal/casual dining area, 2BR on different levels provides privacy for roommates/guests. Luxurious Master BD on 3rd floor is rough w/walk-in closet,loft area attached to master/BR for office. Location can't be beat, walking distance to Broad Ripple!2car tandem garage!
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s), Skylight(s), Walk-in Closet(s), WoodWorkStain/Painted
  • Living Area: 1946
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Laundry Room Main Level,Bedroom Other on Main
  • Eating Area: Breakfast Bar,Center Island,Formal Dining Room,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,Tub Full with Separate Shower,Tub Garden,Suite,Closet Walk in
  • Total Sq Ft: 1946
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 800
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Pool Community, Irrigation System, Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • List Price: 216500
  • Association Maintained Building Exterior: 1
  • Porch: Porch Open

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Private Entry

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance, Nature Area, Pool
  • Mandatory Fee: 198

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490336123136000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 0
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 2514
  • Semi Annual Property Tax Amt: 1257
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2019
Sold by
Pinnick Susan
Bought by
Villani Phillip J
Current Estimated Value
$345,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$123,655
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$220,486

Purchase Details

Closed on
Apr 2, 2014
Sold by
Miller Trevor S
Bought by
Pinnick Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Maddiwar Neeraj G
Bought by
Miller Trevor S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Westfield Reserve Llc
Bought by
Maddiwar Neeraj G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Villani Phillip J $239,000 Chicago Title
Pinnick Susan $212,500 First American Title Insuran
Pinnick Susan -- None Available
Miller Trevor S -- Burnet Title Company
Maddiwar Neeraj G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villani Phillip J $139,000
Previous Owner Pinnick Susan $170,000
Previous Owner Miller Trevor S $180,000
Previous Owner Maddiwar Neeraj G $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $212,500 -1.8% $109 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $216,500 +1.9% $111 / Sq Ft
07/11/2014 07/11/14 Off Market $212,500 -- --
07/03/2014 07/03/14 Price Changed $216,500 -3.0% $111 / Sq Ft
05/01/2014 05/01/14 Price Changed $223,300 -0.3% $115 / Sq Ft
05/01/2014 05/01/14 Price Changed $223,900 -2.6% $115 / Sq Ft
04/28/2014 04/28/14 Price Changed $229,900 -0.9% $118 / Sq Ft
04/11/2014 04/11/14 Price Changed $231,900 -1.7% $119 / Sq Ft
03/11/2014 03/11/14 For Sale $236,000 -- $121 / 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 $3,915 $309,100 $26,700 $282,400
2023 $3,915 $324,700 $26,800 $297,900
2022 $3,608 $297,300 $26,700 $270,600
2021 $3,063 $259,500 $26,500 $233,000
2020 $3,038 $256,500 $26,400 $230,100
2019 $3,181 $263,200 $26,500 $236,700
2018 $3,178 $259,700 $26,500 $233,200
2017 $2,572 $237,100 $26,400 $210,700
2016 $2,429 $229,000 $26,300 $202,700
2014 $2,450 $227,000 $26,900 $200,100
2013 $2,515 $239,300 $27,100 $212,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Sanders

    Seller's Agent in 2014

    Brian Sanders

    CENTURY 21 Scheetz

    (317) 201-1070

    3 in this area

    236 Total Sales

    Brian Sanders
    Section Image

  • J

    Buyer's Agent in 2014

    Jeffrey Paxson

  • J

    Buyer's Agent in 2014

    Jeff Paxson

    Jeff Paxson Team

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21278594

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-136.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1059 Reserve Way Unit 11/1059, Indianapolis, IN

This home is located at 1059 Reserve Way Unit 11/1059, Indianapolis, IN 46220 since 11 March 2014 and is currently estimated at $345,926, approximately $177 per square foot. This property was built in 2005. 1059 Reserve Way Unit 11/1059 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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