Landlord's Agent in 2024
Jordan Herman
Encore Sotheby's International
(317) 660-4444
2 in this area
77 Total Sales
1069 Reserve Way Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated Value: $260,000 - $326,000
2
Beds
1
Bath
1,031
Sq Ft
2,178
Sq Ft Lot
Highlights
- Traditional Architecture
- Community Pool
- Thermal Windows
- No HOA
- Formal Dining Room
- 1 Car Attached Garage
About This Home
As of April 2024Located in the heart of Broad Ripple and just steps away from the Monon Trail, rests a charming 2 bedroom, 1 full bath townhome that offers fresh paint, bright, oversized living room, gleaming laminate hardwoods throughout main level, kitchen with stainless appliance, formal dining room, and a primary bedroom with private balcony. The 'lower level' has bonus room that is a great flex space and could be used as possible home office, exercise room, or playroom. Unit comes with washer/dryer. Step outside your door and meet new neighbors at the pool, or go for a walk with your pup on The Monon. Short distance to all the amenities Broad Ripple has to offer: dining, retail, pubs, nightlife, yoga, The Redline, & more! Pets welcomed upon approval.
Last Agent to Rent the Property
Encore Sotheby's International Brokerage Email: jordan.herman@encoresothebysrealty.com License #RB17001145 Listed on: 04/16/2024
Last Renter's Agent
Encore Sotheby's International Brokerage Email: jordan.herman@encoresothebysrealty.com License #RB17001145 Listed on: 04/16/2024
Condo Details
Home Type
- Condominium
Year Built
- Built in 2005
Lot Details
- 1 Common Wall
Parking
- 1 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,031 Sq Ft Home
- 1.5-Story Property
- Woodwork
- Thermal Windows
- Formal Dining Room
Kitchen
- Gas Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Security Deposit $1,725
- Property Available on 4/16/24
- Tenant pays for all utilities, insurance
- The owner pays for ho fee, taxes
- 12-Month Minimum Lease Term
- $49 Application Fee
- Tax Lot L
- Assessor Parcel Number 490336123141000801
Community Details
Overview
- No Home Owners Association
- Reserve At Broad Ripple Subdivision
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Deposit $300
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 15, 2022
Sold by
Katherine Hanke
Bought by
Gamez Samuel and Gamez Katherine H
Current Estimated Value
Purchase Details
Closed on
Feb 10, 2022
Sold by
Katherine Hanke
Bought by
Gamez Samuel and Gamez Katherine H
Purchase Details
Listed on
Apr 4, 2014
Closed on
May 20, 2014
Sold by
Licurgo Kara
Bought by
Brookfield Global Relocation Services Ll
Seller's Agent
Scott Hackman
CENTURY 21 Scheetz
Buyer's Agent
Allison Steck
Compass Indiana, LLC
List Price
$182,900
Sold Price
$176,000
Premium/Discount to List
-$6,900
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$140,800
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 4, 2014
Closed on
May 1, 2014
Sold by
Brookfield Global Relocation Services Ll
Bought by
Hanke Katherine
Seller's Agent
Scott Hackman
CENTURY 21 Scheetz
Buyer's Agent
Allison Steck
Compass Indiana, LLC
List Price
$182,900
Sold Price
$176,000
Premium/Discount to List
-$6,900
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 4, 2014
Closed on
Apr 25, 2014
Sold by
Licurgo Kara
Bought by
Brookfield Global Relocation Services Ll
Seller's Agent
Scott Hackman
CENTURY 21 Scheetz
Buyer's Agent
Allison Steck
Compass Indiana, LLC
List Price
$182,900
Sold Price
$176,000
Premium/Discount to List
-$6,900
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 1, 2011
Sold by
Schmitt Benjamin W
Bought by
Licurgo Kara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2006
Sold by
Westfield Reserve Llc
Bought by
Schmidt Benjamin W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
6.68%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gamez Samuel | -- | Matthew C Boldt Of Lewis Wagne | |
| Gamez Samuel | -- | Matthew C Boldt Of Lewis Wagne | |
| Brookfield Global Relocation Services Ll | $176,000 | First American Title Insuran | |
| Hanke Katherine | -- | None Available | |
| Brookfield Global Relocation Services Ll | -- | None Available | |
| Licurgo Kara | -- | None Available | |
| Schmidt Benjamin W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hanke Katherine E | $129,543 | |
| Previous Owner | Hanke Katherine | $140,800 | |
| Previous Owner | Brookfield Global Relocation Services Ll | $140,800 | |
| Previous Owner | Licurgo Kara | $123,750 | |
| Previous Owner | Schmidt Benjamin W | $184,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2024 04/17/24 | Rented | $1,725 | 0.0% | -- |
| 04/16/2024 04/16/24 | For Rent | $1,725 | +1.8% | -- |
| 05/19/2022 05/19/22 | Rented | $1,695 | 0.0% | -- |
| 05/16/2022 05/16/22 | For Rent | $1,695 | 0.0% | -- |
| 05/20/2014 05/20/14 | Sold | $176,000 | -3.8% | $137 / Sq Ft |
| 05/09/2014 05/09/14 | Pending | -- | -- | -- |
| 04/04/2014 04/04/14 | For Sale | $182,900 | -- | $143 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $5,620 | $223,600 | $26,700 | $196,900 |
| 2023 | $5,620 | $234,800 | $26,800 | $208,000 |
| 2022 | $2,598 | $215,600 | $26,700 | $188,900 |
| 2021 | $2,237 | $190,600 | $26,500 | $164,100 |
| 2020 | $2,221 | $188,700 | $26,400 | $162,300 |
| 2019 | $2,221 | $185,400 | $26,500 | $158,900 |
| 2018 | $2,210 | $183,100 | $26,500 | $156,600 |
| 2017 | $1,827 | $168,500 | $26,400 | $142,100 |
| 2016 | $1,733 | $162,900 | $26,300 | $136,600 |
| 2014 | $1,732 | $161,800 | $26,900 | $134,900 |
| 2013 | $1,761 | $170,200 | $27,100 | $143,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Herman
-
Ron Herman
Buyer Co-Listing Agent in 2024
Ron Herman
Encore Sotheby's International
(317) 965-8161
1 in this area
44 Total Sales
-
Scott Hackman
Seller's Agent in 2014
Scott Hackman
CENTURY 21 Scheetz
(317) 407-1365
3 in this area
313 Total Sales
-
A
Buyer's Agent in 2014
Allison Steck
Compass Indiana, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21973492
APN: 49-03-36-123-141.000-801
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