NOT LISTED FOR SALE

1063 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $250,758 - $319,000

2 Beds
1 Bath
1,031 Sq Ft
$198/mo HOA Fee

Last Sold September 22, 2015

Last sale price $161,000 $156 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,207/month

234 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Balcony
  • Home fronts a pond
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of September 2015

Fantastic unit that looks at the pool. Freshly painted and carpeted. It is yards form the Monon Trail and Broadripple. Kitchen boasts upgraded ceramic tile as well as stainless appliances. Don't miss this great price on a move-in ready unit.

Last Agent to Sell the Property

Russ Lawrence

F.C. Tucker Company License #RB14042773 Listed on: 12/30/2014

F.C. Tucker Company

Co-Listed By

Tracy Lee

F.C. Tucker Company

Last Buyer's Agent

Gary Angstadt

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,031 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Window Screens
  • Formal Dining Room
  • Laundry on upper level
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490336123138000801

Community Details

Overview

  • Association fees include home owners, maintenance, management
  • Reserve At Broad Ripple Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 2005

Lot Details

0

HOA Fees

$198 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2005
  • Building Area Total: 1231
  • Garage Y N: Yes
  • Subdivision Name: Reserve At Broad Ripple
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Walk Up
  • Unit Entry Level: 1
  • MBR_AttributionContact: Russ@RussLawrence.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator, Gas Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Complete, Wood Work Painted
  • Living Area: 1031
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1031
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Builder
  • SqFt Total: 1031

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 164900
  • Pool Features: Below Ground, Association
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Common, Garage Door Opener
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Closet, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance, Management

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490336123138000801
  • Acres: CndHPRCoop

Tax Info

  • Tax Annual Amount: 3500
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1750
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2014
Closed on
Sep 3, 2015
Sold by
Long Eric
Bought by
Elward Brandon P
Seller's Agent
Russ Lawrence
F.C. Tucker Company
Buyer's Agent
Gary Angstadt
CENTURY 21 Scheetz
List Price
$164,900
Sold Price
$161,000
Premium/Discount to List
-$3,900
-2.37%
Current Estimated Value
$286,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,940
Avg. Annual Appreciation
6.02%
Original Mortgage
$152,950
Outstanding Balance
$121,492
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$166,196

Purchase Details

Closed on
Sep 14, 2010
Sold by
Sfs Llc
Bought by
Long Eric

Purchase Details

Closed on
Jun 16, 2010
Sold by
Long Eric
Bought by
Sfs Llc

Purchase Details

Closed on
Jun 24, 2005
Sold by
Westfield Reserve Llc
Bought by
Long Eric
Source: Public Records

Range of Values:

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Average Value
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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
Elward Brandon P -- None Available
Long Eric -- None Available
Sfs Llc $70,000 None Available
Long Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elward Brandon P $152,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2015 09/22/15 Sold $161,000 -2.4% $156 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
07/20/2015 07/20/15 Price Changed $164,900 0.0% $160 / Sq Ft
07/20/2015 07/20/15 For Sale $164,900 +2.4% $160 / Sq Ft
07/01/2015 07/01/15 Off Market $161,000 -- --
12/30/2014 12/30/14 For Sale $172,900 -- $168 / 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 $5,350 $213,200 $26,700 $186,500
2023 $5,350 $223,400 $26,800 $196,600
2022 $4,891 $205,300 $26,700 $178,600
2021 $4,179 $179,400 $26,500 $152,900
2020 $4,147 $177,400 $26,400 $151,000
2019 $2,086 $174,500 $26,500 $148,000
2018 $2,075 $172,300 $26,500 $145,800
2017 $1,709 $157,600 $26,400 $131,200
2016 $1,624 $152,600 $26,300 $126,300
2014 $3,276 $151,500 $26,900 $124,600
2013 $3,310 $159,200 $27,100 $132,100
Source: Public Records

Agents Affiliated with this Home

  • Russ Lawrence

    Seller's Agent in 2015

    Russ Lawrence

    F.C. Tucker Company

    (317) 439-3081

    7 in this area

    171 Total Sales

    Russ Lawrence
    Section Image

  • T

    Seller Co-Listing Agent in 2015

    Tracy Lee

    F.C. Tucker Company

  • G

    Buyer's Agent in 2015

    Gary Angstadt

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21329694

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-138.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1063 Reserve Way, Indianapolis, IN

This home is located at 1063 Reserve Way, Indianapolis, IN 46220 since 30 December 2014 and is currently estimated at $286,940, approximately $278 per square foot. This property was built in 2005. 1063 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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