NOT LISTED FOR SALE

1105 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $344,158

2 Beds
2 Baths
1,946 Sq Ft
$290/mo HOA Fee

Last Sold April 01, 2024

Last sale price $347,000 $178 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,553/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Corner Lot
  • Mature Trees
  • Traditional Architecture
  • Great Room with Fireplace

About This Home

As of April 2024

You'll love this rare, end unit townhome! The living room greets you with a two story vaulted ceiling and gas log fireplace. The two skylights plus the additional end unit windows bring in tons of natural light. Stainless steel appliances located in the kitchen. The adjacent dining area is ideal for family dinners and gathering with friends. Additionally, there is a bedroom, full bathroom and laundry room on the main level. The upstairs loft is perfect for a home office. Spacious primary bedroom features an en-suite bathroom with a shower and separate soaking tub. Ample room for your wardrobe in the two walk-in closets. Tandem two car garage offers off street parking and storage. 1105 Reserve Way overlooks the community pool, has views of the wooded area to the north and enjoys green space outside the front door. The sidewalk connects directly to the Monon Trail. Welcome home to The Reserve at Broad Ripple!

Last Listed By

Chad Thompson

Thompson Home Sales Brokerage Email: chad@thompsonhomesales.com License #RB14036307 Listed on: 02/20/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 2005

Lot Details

  • 2,178

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • Garage Door Opener

Property Views

  • Pond
  • Woods

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Utilities

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

Additional Features

  • Balcony
  • Mature Trees

Listing and Financial Details

  • Assessor Parcel Number 490336123073000801

Community Details

Overview

  • Association fees include home owners, sewer, insurance, lawncare, ground maintenance, maintenance structure, maintenance, nature area, management, trash
  • Association Phone (317) 558-5396
  • Reserve At Broad Ripple Subdivision
  • Property managed by Kirkpatrick Management

Recreation

  • Community Pool
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,144

Year Built

Built in 2005

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2005
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Reserve At Broad Ripple
  • Transaction Type: Sale
  • Website: www.ThompsonHomeSales.com
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Walk Up
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: chad@thompsonhomesales.com
  • Attribution Contact: chad@thompsonhomesales.com
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Breakfast Bar, Vaulted Ceiling(s), Center Island, Hi-Speed Internet Availbl, Skylight(s), Walk-in Closet(s), Windows Vinyl
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 800
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Balcony
  • Foundation Details: Poured Concrete, Block
  • List Price: 355000
  • View: Pond, Trees/Woods
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Rear/Side Entry, Tandem
  • Garage Parking Other: Keyless Entry

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pond Year Round, Pool, Trail(s)
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association Phone: 317-558-5396
  • Association YN: Yes
  • Community Features: Pool
  • Management Company Name: Kirkpatrick Management
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Sewer, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Nature Area, Management, Trash

Lot Info

  • Lot Features: Corner Lot, Sidewalks, On Trail, Mature Trees
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 2335
  • Parcel Number: 490336123073000801
  • Acres: <1/4 Acre
  • Price Acre: 6940000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3144
  • Tax Lot: n/a
  • Semi Annual Property Tax Amt: 1572
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 27, 2024
Sold by
Muncy Jason and Muncy Jennifer V
Bought by
Rocha Jonathan Joaquin
Seller's Agent
Chad Thompson
Thompson Home Sales
Buyer's Agent
Alex Teegen
F.C. Tucker Company
List Price
$358,000
Sold Price
$347,000
Premium/Discount to List
-$11,000
-3.07%
Total Days on Market
11
Views
51
Current Estimated Value
$344,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,842
Avg. Annual Appreciation
-0.51%

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 17, 2018
Sold by
Gustafason Andrew J
Bought by
Jason Muncy Poa#A201800083586
Seller's Agent
Michael Johns
CENTURY 21 Scheetz
Buyer's Agent
Chad Thompson
Thompson Home Sales
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$195,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2014
Closed on
Oct 2, 2014
Sold by
Thomas Matthew G
Bought by
Gustafson Andrew J
Seller's Agent
Lisa Stokes-Bear
CENTURY 21 Scheetz
Buyer's Agent
D. Honesty Hart
CENTURY 21 Scheetz
List Price
$219,900
Sold Price
$218,900
Premium/Discount to List
-$1,000
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$175,120
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Westfield Reserve Llc
Bought by
Thomas Matthew G

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
Rocha Jonathan Joaquin $347,000 None Listed On Document
Jason Muncy Poa#A201800083586 $260,000 --
Muncy Jason $260,000 Meridian Title Corporation
Gustafson Andrew J -- Mtc
Thomas Matthew G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muncy Jason $156,000
Previous Owner Muncy Jason $195,000
Previous Owner Gustafson Andrew J $175,120
Previous Owner Thomas Matthew G $20,000
Previous Owner Thomas Matthew G $215,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $347,000 -2.3% $178 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $355,000 -0.8% $182 / Sq Ft
02/20/2024 02/20/24 For Sale $358,000 +37.7% $184 / Sq Ft
08/23/2018 08/23/18 Sold $260,000 0.0% $134 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $260,000 +18.8% $134 / Sq Ft
10/02/2014 10/02/14 Sold $218,900 -0.5% $112 / Sq Ft
08/24/2014 08/24/14 For Sale $219,900 -- $113 / 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 $4,047 $319,200 $26,700 $292,500
2023 $4,047 $335,500 $26,800 $308,700
2022 $3,725 $307,000 $26,700 $280,300
2021 $3,193 $270,300 $26,500 $243,800
2020 $3,081 $276,500 $26,400 $250,100
2019 $3,285 $271,600 $26,500 $245,100
2018 $3,240 $265,600 $26,500 $239,100
2017 $2,620 $241,900 $26,400 $215,500
2016 $2,471 $233,200 $26,300 $206,900
2014 $2,497 $231,300 $26,900 $204,400
2013 $2,565 $244,200 $27,100 $217,100
Source: Public Records

Agents Affiliated with this Home

  • Chad Thompson

    Seller's Agent in 2024

    Chad Thompson

    Thompson Home Sales

    (317) 519-3542

    15 in this area

    42 Total Sales

    Chad Thompson
    Section Image
  • Alex Teegen

    Buyer's Agent in 2024

    Alex Teegen

    F.C. Tucker Company

    (317) 443-6372

    2 in this area

    54 Total Sales

    Alex Teegen
    Section Image
  • Bif Ward

    Buyer Co-Listing Agent in 2024

    Bif Ward

    F.C. Tucker Company

    (317) 590-7871

    6 in this area

    471 Total Sales

    Bif Ward
    Section Image
  • Michael Johns

    Seller's Agent in 2018

    Michael Johns

    CENTURY 21 Scheetz

    25 Total Sales

    Michael Johns
    Section Image
  • Lisa Stokes-Bear

    Seller's Agent in 2014

    Lisa Stokes-Bear

    CENTURY 21 Scheetz

    (317) 513-4086

    260 Total Sales

    Lisa Stokes-Bear
    Section Image
  • D. Honesty Hart

    Buyer's Agent in 2014

    D. Honesty Hart

    CENTURY 21 Scheetz

    (317) 432-2779

    28 Total Sales

    D. Honesty Hart
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21963858

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-073.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1105 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1105 Reserve Way, Indianapolis, IN 46220 since 20 February 2024 and is currently priced at $344,158, approximately $176 per square foot. This property was built in 2005. 1105 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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