1103 Reserve Way Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated Value: $261,000 - $338,000
2
Beds
1
Bath
1,231
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Balcony
- Forced Air Heating and Cooling System
- Garage
About This Home
As of July 2018Highly sought- after RESERVE AT BROAD RIPPLE CONDO! Wow-this is right in the sweet spot, end unit & pool courtyard location! This location gives your unit extra light and what feels like extra parking spaces right next door. Hardwoods floors, neutral décor & 2 spacious bedrooms. The lower level has another finished room that doesn’t legally classify as a bedroom but is an optional sleeping area or fun basement space. Outdoor entertaining space is ideal with a balcony in back & front of unit. This condo is 25 steps out the front door to the pool & another 50 steps to the MONON TRAIL! These units are selling quickly so don’t delay.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,814
Year Built
- Built in 2005
Lot Details
- 2,335
Parking
- Garage
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,231 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Balcony
- 2,335 Sq Ft Lot
Community Details
- Reserve At Broad Ripple Subdivision
- Property managed by Kirkpatrick Management Company
Listing and Financial Details
- Assessor Parcel Number 490336123072000801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2018
Closed on
Jul 16, 2018
Sold by
Donnelly Colin W
Bought by
Nathan Neufelder
Seller's Agent
Brian Sanders
CENTURY 21 Scheetz
Buyer's Agent
Steve Clark
Compass Indiana, LLC
List Price
$199,900
Sold Price
$193,000
Premium/Discount to List
-$6,900
-3.45%
Total Days on Market
4
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
$100,646
Avg. Annual Appreciation
6.31%
Original Mortgage
$173,700
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2017
Sold by
Correia Properties Llc
Bought by
Donnelly Colin W
Purchase Details
Listed on
Jun 24, 2014
Closed on
Sep 12, 2014
Sold by
Mendonca Michael C
Bought by
Correia Properties Llc
Seller's Agent
Ivan Barratt
Buyer's Agent
Ivan Barratt
Sold Price
$1,495
Purchase Details
Closed on
May 14, 2010
Sold by
Chase Brian E and Chase Michele E
Bought by
Mendonca Michael C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5.14%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nathan Neufelder | $193,000 | -- | |
| Neufelder Nathan | $193,000 | Meridian Title Corporation | |
| Donnelly Colin W | $177,000 | Enterprise Title | |
| Correia Properties Llc | -- | Mtc | |
| Mendonca Michael C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neufelder Nathan | $172,000 | |
| Closed | Neufelder Nathan | $173,700 | |
| Previous Owner | Mendonca Michael C | $147,000 | |
| Previous Owner | Mendonca Michael C | $55,200 | |
| Previous Owner | Mendonca Michael C | $100,000 | |
| Previous Owner | Mendonca Michael C | $134,400 | |
| Previous Owner | Schregardus James D | $393,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2018 07/16/18 | Sold | $193,000 | -3.5% | $157 / Sq Ft |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- |
| 06/20/2018 06/20/18 | For Sale | $199,900 | 0.0% | $162 / Sq Ft |
| 08/11/2015 08/11/15 | Rented | $1,495 | 0.0% | -- |
| 08/11/2015 08/11/15 | Under Contract | -- | -- | -- |
| 08/11/2015 08/11/15 | For Rent | $1,495 | 0.0% | -- |
| 07/20/2014 07/20/14 | Rented | $1,495 | 0.0% | -- |
| 07/07/2014 07/07/14 | Under Contract | -- | -- | -- |
| 06/24/2014 06/24/14 | For Rent | $1,495 | -- | -- |
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 | $5,834 | $232,600 | $26,700 | $205,900 |
| 2023 | $5,834 | $243,800 | $26,800 | $217,000 |
| 2022 | $5,325 | $223,800 | $26,700 | $197,100 |
| 2021 | $2,294 | $195,400 | $26,500 | $168,900 |
| 2020 | $2,275 | $193,200 | $26,400 | $166,800 |
| 2019 | $2,276 | $189,900 | $26,500 | $163,400 |
| 2018 | $2,268 | $187,700 | $26,500 | $161,200 |
| 2017 | $1,861 | $171,600 | $26,400 | $145,200 |
| 2016 | $3,491 | $165,800 | $26,300 | $139,500 |
| 2014 | $1,765 | $164,800 | $26,900 | $137,900 |
| 2013 | $1,813 | $173,300 | $27,100 | $146,200 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Sanders
Seller's Agent in 2018
Brian Sanders
CENTURY 21 Scheetz
(317) 201-1070
3 in this area
245 Total Sales
-
Buyer's Agent in 2018
Steve Clark
Compass Indiana, LLC
(317) 345-4582
7 in this area
623 Total Sales
-
I
Seller's Agent in 2015
Ivan Barratt
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21575493
APN: 49-03-36-123-072.000-801
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