1072 Reserve Way Indianapolis, IN 46220
Broad Ripple Neighborhood
2
Beds
2
Baths
1,971
Sq Ft
2,352
Sq Ft Lot
Highlights
- Vaulted Ceiling
- Walk-In Closet
- Garage
- Skylights
- Forced Air Heating and Cooling System
About This Home
As of September 2021This home is located at 1072 Reserve Way, Indianapolis, IN 46220 and is currently priced at $246,900, approximately $125 per square foot. This property was built in 2005. 1072 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 No. 721.
Last Agent to Sell the Property
F.C. Tucker Company License #RB14047074 Listed on: 02/10/2017
Last Buyer's Agent
William Mitchell
eXp Realty, LLC
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,042
Year Built
- Built in 2005
Parking
- Garage
Home Design
- Brick Exterior Construction
- Block Foundation
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Fireplace With Gas Starter
- Great Room with Fireplace
- Finished Basement
Kitchen
- Gas Oven
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Security Deposit $1,695
- Tenant pays for cable TV, electricity, gas, insurance
- The owner pays for dues mandatory, insurance, lawncare, taxes, sewer, trash collection, water
- Assessor Parcel Number 490336123095000801
Community Details
Overview
- Association fees include lawncare, ground maintenance, pool, professional mgmt, snow removal, trash
- Reserve At Broad Ripple Subdivision
- Property managed by Kirkpatrick Management Company
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2021
Closed on
Sep 30, 2021
Sold by
Hindman Allison C
Bought by
Gonso Elizabeth
Seller's Agent
William Mitchell
eXp Realty, LLC
Buyer's Agent
Carolyn Gartland
CENTURY 21 Scheetz
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,590
Avg. Annual Appreciation
3.03%
Original Mortgage
$267,750
Outstanding Balance
$246,797
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,562
Purchase Details
Listed on
Feb 10, 2017
Closed on
Mar 23, 2017
Sold by
Malcom J David
Bought by
Hindman Allison C
Seller's Agent
Matthew Kressley
F.C. Tucker Company
Buyer's Agent
William Mitchell
eXp Realty, LLC
List Price
$244,900
Sold Price
$246,900
Premium/Discount to List
$2,000
0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$230,700
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2005
Sold by
Westfield Reserve Llc
Bought by
Malcom J David J and Malcom Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,773
Interest Rate
5.71%
Mortgage Type
New Conventional
Similar Homes in Indianapolis, IN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Deed | $246,900 | -- | |
| Deed | $246,900 | Chicago Title Co Llc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $267,750 | New Conventional | |
| Previous Owner | $222,000 | New Conventional | |
| Previous Owner | $230,700 | New Conventional | |
| Previous Owner | $169,773 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $315,000 | 0.0% | $160 / Sq Ft |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $315,000 | +27.6% | $160 / Sq Ft |
| 03/23/2017 03/23/17 | Sold | $246,900 | +0.8% | $125 / Sq Ft |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- |
| 02/10/2017 02/10/17 | For Sale | $244,900 | 0.0% | $124 / Sq Ft |
| 01/20/2015 01/20/15 | Rented | $1,695 | -8.4% | -- |
| 12/23/2014 12/23/14 | Under Contract | -- | -- | -- |
| 10/01/2014 10/01/14 | For Rent | $1,850 | 0.0% | -- |
| 10/03/2013 10/03/13 | Rented | $1,850 | -99.3% | -- |
| 09/25/2013 09/25/13 | Under Contract | -- | -- | -- |
| 09/18/2013 09/18/13 | For Rent | $249,900 | -- | -- |
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 | $4,149 | $327,400 | $26,700 | $300,700 |
| 2023 | $4,149 | $343,800 | $26,800 | $317,000 |
| 2022 | $3,831 | $314,700 | $26,700 | $288,000 |
| 2021 | $3,245 | $274,700 | $26,500 | $248,200 |
| 2020 | $3,219 | $271,500 | $26,400 | $245,100 |
| 2019 | $3,224 | $266,700 | $26,500 | $240,200 |
| 2018 | $3,226 | $263,500 | $26,500 | $237,000 |
| 2017 | $2,610 | $240,600 | $26,400 | $214,200 |
| 2016 | $4,869 | $232,100 | $26,300 | $205,800 |
| 2014 | $4,969 | $229,800 | $26,900 | $202,900 |
| 2013 | $5,101 | $242,300 | $27,100 | $215,200 |
Source: Public Records
Agents Affiliated with this Home
-
William Mitchell
Seller's Agent in 2021
William Mitchell
eXp Realty, LLC
(317) 696-4181
1 in this area
80 Total Sales
-
C
Buyer's Agent in 2021
Carolyn Gartland
CENTURY 21 Scheetz
-
Matthew Kressley
Seller's Agent in 2017
Matthew Kressley
F.C. Tucker Company
(317) 445-3767
8 in this area
199 Total Sales
-
I
Seller's Agent in 2015
Ivan Barratt
-
P
Buyer's Agent in 2015
Patrick Armbruster
-
Mitch Rolsky
Buyer's Agent in 2013
Mitch Rolsky
To Help U Move Inc
(317) 223-1673
88 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21462263
APN: 49-03-36-123-095.000-801
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