NOT LISTED FOR SALE

1070 Reserve Way Unit 1070 Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $265,000 - $288,000

2 Beds
1 Bath
1,231 Sq Ft
$290/mo HOA Fee

Last Sold August 12, 2024

Last sale price $272,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,014/month

9 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of August 2024

A fantastic condominium in a prime Broad Ripple location. As you enter into the main living space, enjoy the dazzling hardwood floors that flow throughout the entire open-concept main floor. Ample light is brought in via double doors that open to the Juliette balcony over the front landscaped area. Stainless steel appliances, beautiful wood cabinets, and a great amount of counter space in the kitchen along with an adjacent dining room and laundry room. Two good-sized bedrooms share a hall bathroom. One of the bedrooms has access to a covered balcony via in-room sliding doors. There is an attached one car garage and a basement bonus room - perfect for an office, workout area or playroom. The building faces a community green space for peaceful tranquility and has direct access to the Monon Trail. In the midst of all the Broad Ripple hotspots, recreation, restaurants and entertainment. Neighborhood pool and HOA provides exterior maintenance and covers water, trash and sewer.

Last Agent to Sell the Property

Denise Fiore

CENTURY 21 Scheetz Brokerage Email: dfiore@c21scheetz.com License #RB14044795 Listed on: 06/26/2024

CENTURY 21 Scheetz

Co-Listed By

Katie Hintz

@properties Brokerage Email: dfiore@c21scheetz.com License #RB19000822

Last Buyer's Agent

Lindsay Ohmer

CENTURY 21 Scheetz License #RB16001941

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 2004

Lot Details

  • No Units Located Below
  • Mature Trees

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Paddle Fans
  • Thermal Windows
  • Window Screens
  • Breakfast Room
  • Wood Flooring
  • Radon Detector
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Block 3
  • Assessor Parcel Number 490336123094000801
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick Management
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Hiking Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,770

Year Built

Built in 2004

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2004
  • Building Area Total: 1231
  • Co List Office Phone: 317-873-1700
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Reserve At Broad Ripple
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Walk Up
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: dfiore@c21scheetz.com
  • Attribution Contact: dfiore@c21scheetz.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Below
  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 200
  • Interior Amenities: Hardwood Floors, Screens Complete, Windows Thermal, Wood Work Painted, Paddle Fan
  • Living Area: 1231
  • Main Level Bedrooms: 2
  • Other Equipment: Radon System, Smoke Alarm
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast 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
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 275000
  • Patio And Porch Features: Deck Main Level, Covered Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Pool, Insurance, Maintenance Grounds, Maintenance, Management, Snow Removal, Trash
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Pool
  • Management Company Name: Kirkpatrick Management
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Sidewalks, On Trail, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 2335
  • Parcel Number: 490336123094000801
  • Acres: <1/4 Acre
  • Price Acre: 5440000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2770
  • Tax Block: 3
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1385
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 7, 2024
Sold by
Martinez Frank E
Bought by
Dillon Shelby
Seller's Agent
Denise Fiore
CENTURY 21 Scheetz
Buyer's Agent
Lindsay Ohmer
CENTURY 21 Scheetz
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Views
15
Current Estimated Value
$273,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,901
Avg. Annual Appreciation
0.62%
Original Mortgage
$217,600
Outstanding Balance
$215,560
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$58,190

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jun 14, 2017
Sold by
Deever Benjamin B
Bought by
Martinez Frank E
Seller's Agent
Kelley Joice
Berkshire Hathaway Home
Buyer's Agent
Alexander Mirkin
Mirkin Real Estate Svc, LLC
List Price
$193,900
Sold Price
$184,000
Premium/Discount to List
-$9,900
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$147,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 17, 2017
Sold by
Deever Benjamin B
Bought by
Martinez Frank E
Seller's Agent
Kelley Joice
Berkshire Hathaway Home
Buyer's Agent
Alexander Mirkin
Mirkin Real Estate Svc, LLC
List Price
$193,900
Sold Price
$184,000
Premium/Discount to List
-$9,900
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2011
Sold by
Holt Jason W
Bought by
Deever Benjamin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,320
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Westfield Reserve Llc
Bought by
Holt Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,380
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2004
Sold by
Westfield Reserve Llc
Bought by
Holt Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,360
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

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
Dillon Shelby $272,000 None Listed On Document
Martinez Frank E $184,000 --
Martinez Frank E -- Hamilton National Title Llc
Deever Benjamin B -- None Available
Holt Jason W -- None Available
Holt Jason W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Shelby $217,600
Previous Owner Martinez Frank E $147,200
Previous Owner Deever Benjamin B $138,320
Previous Owner Holt Jason W $25,380
Previous Owner Holt Jason W $16,920
Previous Owner Holt Jason W $135,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $272,000 -1.1% $221 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $275,000 +49.5% $223 / Sq Ft
06/14/2017 06/14/17 Sold $184,000 -4.1% $149 / Sq Ft
04/12/2017 04/12/17 Price Changed $191,900 -1.0% $156 / Sq Ft
03/07/2017 03/07/17 For Sale $193,900 -- $158 / 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 $2,769 $220,600 $26,700 $193,900
2023 $2,769 $231,000 $26,800 $204,200
2022 $2,555 $212,200 $26,700 $185,500
2021 $2,175 $185,500 $26,500 $159,000
2020 $2,157 $183,400 $26,400 $157,000
2019 $2,158 $180,300 $26,500 $153,800
2018 $2,150 $178,300 $26,500 $151,800
2017 $1,769 $163,100 $26,400 $136,700
2016 $1,678 $157,700 $26,300 $131,400
2014 $1,672 $156,400 $26,900 $129,500
2013 $1,715 $164,400 $27,100 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21986704

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-094.000-801