1113 Reserve Way Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated Value: $346,000 - $358,000
3
Beds
2
Baths
2,164
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Balcony
- Attached Garage
- Combination Kitchen and Dining Room
About This Home
As of October 2021Wonderful true 3 bdrm, 2 Full BA condo in Reserve at Broadripple. Great view overlooking the courtyard and pool right out the front door. Great Room w/gas fireplace vaulted ceiling, French Door and overlooking the Kitchen. Kitchen includes granite countertops, Stainless Steel appliances. Bedroom #2 on main with Full Bath and laundry room. Loft upstairs with closet for in home office. 2 Bedrooms upstairs with Full Bath as well. Storage room off the garage. Tandem 2 car garage. Easy access to the Monon Trail and a walk to Broadripple.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,126
Year Built
- 2004
Lot Details
- 2,352
HOA Fees
- $265 per month
Parking
- Attached Garage
Utilities
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Combination Kitchen and Dining Room
- Balcony
Community Details
- Property managed by Kirpatrick Management Company
- The community has rules related to covenants, conditions, and restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Oct 23, 2021
Sold by
Joseph Aaron T
Bought by
Coombs Donald
Seller's Agent
Donald Lawless
F.C. Tucker Company
Buyer's Agent
Beverly Coombs
Carpenter, REALTORS®
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%
Total Days on Market
40
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
$40,690
Avg. Annual Appreciation
3.49%
Original Mortgage
$302,640
Outstanding Balance
$279,829
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$72,861
Purchase Details
Listed on
Aug 7, 2018
Closed on
Oct 3, 2018
Sold by
Rettig Laurae D
Bought by
Joseph Aaron T
Seller's Agent
Mike Cole
Terra Real EState, LLC
Buyer's Agent
Troy Dixon
Compass Indiana, LLC
List Price
$274,900
Sold Price
$259,000
Premium/Discount to List
-$15,900
-5.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$246,050
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 8, 2015
Closed on
Jun 22, 2015
Sold by
Brookfield Global Relocation Services Ll
Bought by
Rettig Laurae D
Seller's Agent
Scott Hackman
CENTURY 21 Scheetz
Buyer's Agent
Mike Cole
Terra Real EState, LLC
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$236,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 8, 2015
Closed on
Jun 20, 2015
Sold by
Hardy Erika M
Bought by
Frost Agent Sally
Seller's Agent
Scott Hackman
CENTURY 21 Scheetz
Buyer's Agent
Mike Cole
Terra Real EState, LLC
List Price
$239,900
Sold Price
$236,000
Premium/Discount to List
-$3,900
-1.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 12, 2006
Sold by
Carpenter Thomas M and Carpenter Debra L
Bought by
Hardy Erika M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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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 |
|---|---|---|---|
| Coombs Donald | -- | None Available | |
| Joseph Aaron T | $259,000 | Ata National Title | |
| Rettig Laurae D | -- | Attorney | |
| Frost Agent Sally | $236,000 | -- | |
| Brookfield Global Relocation Services Ll | -- | Attorney | |
| Hardy Erika M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coombs Donald | $302,640 | |
| Previous Owner | Joseph Aaron T | $246,050 | |
| Previous Owner | Rettig Laurae D | $236,000 | |
| Previous Owner | Brookfield Global Relocation Services Ll | $236,000 | |
| Previous Owner | Hardy Erika M | $36,000 | |
| Previous Owner | Hardy Erika M | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $312,000 | -1.0% | $144 / Sq Ft |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $315,000 | +21.6% | $146 / Sq Ft |
| 10/08/2018 10/08/18 | Sold | $259,000 | -2.2% | $120 / Sq Ft |
| 09/01/2018 09/01/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | Price Changed | $264,900 | -3.6% | $122 / Sq Ft |
| 08/07/2018 08/07/18 | For Sale | $274,900 | +16.5% | $127 / Sq Ft |
| 06/26/2015 06/26/15 | Sold | $236,000 | -1.6% | $121 / Sq Ft |
| 06/10/2015 06/10/15 | Pending | -- | -- | -- |
| 05/08/2015 05/08/15 | For Sale | $239,900 | -- | $123 / 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 | $4,095 | $323,100 | $26,700 | $296,400 |
| 2023 | $4,095 | $339,400 | $26,800 | $312,600 |
| 2022 | $3,771 | $310,700 | $26,700 | $284,000 |
| 2021 | $3,200 | $270,900 | $26,500 | $244,400 |
| 2020 | $3,175 | $267,800 | $26,400 | $241,400 |
| 2019 | $3,180 | $263,100 | $26,500 | $236,600 |
| 2018 | $3,169 | $259,900 | $26,500 | $233,400 |
| 2017 | $2,573 | $237,200 | $26,400 | $210,800 |
| 2016 | $2,427 | $228,800 | $26,300 | $202,500 |
| 2014 | $4,903 | $227,000 | $26,900 | $200,100 |
| 2013 | $2,518 | $239,400 | $27,100 | $212,300 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Lawless
Seller's Agent in 2021
Donald Lawless
F.C. Tucker Company
(317) 413-3726
11 in this area
203 Total Sales
-
Lynn Lawless
Seller Co-Listing Agent in 2021
Lynn Lawless
F.C. Tucker Company
(317) 413-3721
3 in this area
83 Total Sales
-
Beverly Coombs
Buyer's Agent in 2021
Beverly Coombs
Carpenter, REALTORS®
(317) 345-6155
1 in this area
12 Total Sales
-
Seller's Agent in 2018
Mike Cole
Terra Real EState, LLC
(317) 414-2161
-
Buyer's Agent in 2018
Troy Dixon
Compass Indiana, LLC
(317) 480-7905
1 in this area
229 Total Sales
-
Scott Hackman
Seller's Agent in 2015
Scott Hackman
CENTURY 21 Scheetz
(317) 407-1365
3 in this area
329 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21804116
APN: 49-03-36-123-085.000-801
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