1117 Reserve Way Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated payment $1,967/month
Total Views
4,303
2
Beds
1
Bath
1,231
Sq Ft
$219
Price per Sq Ft
Highlights
- Home fronts a pond
- Wood Flooring
- Formal Dining Room
- Contemporary Architecture
- Community Pool
- Balcony
About This Home
This isn't just a townhome-it's your VIP pass to the heart of Broad Ripple! Located in The Reserve, this updated, low-maintenance gem puts you steps from the Monon Trail, top-notch restaurants, local shops, and all the artsy charm this neighborhood is known for. The open-concept layout is made for entertaining, featuring a bright great room with patio doors that open to views of the sparkling community pool (yes, there's a pool!), plus a sleek kitchen with stainless steel appliances and plenty of counter space. Fresh paint, updated light fixtures, and a brand-new water heater (2024) mean all the work's been done for you. Main level, you'll find 2 bedrooms and a full bath with a dreamy garden tub. Downstairs? A finished bonus space perfect for your home office, Peloton studio, or crash pad for guests. And don't forget the attached 1-car garage-because parking should never be a headache. Between the pool, the pond views, and the unbeatable walkability, this townhome is a rare find in Broad Ripple. Snag it before someone else does!
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $2,518
Year Built
- Built in 2004 | Remodeled
Lot Details
- 2,335 Sq Ft Lot
- Home fronts a pond
HOA Fees
- $290 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Poured Concrete
- Cement Siding
Interior Spaces
- 2-Story Property
- Formal Dining Room
- Wood Flooring
- Finished Basement
- Interior Basement Entry
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 490336123087000801
Community Details
Overview
- Association fees include home owners, sewer, lawncare, ground maintenance, maintenance structure, maintenance, snow removal, trash
- Reserve At Broad Ripple Subdivision
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,675 | $213,200 | $26,700 | $186,500 |
| 2023 | $2,675 | $223,300 | $26,800 | $196,500 |
| 2022 | $2,468 | $205,200 | $26,700 | $178,500 |
| 2021 | $2,100 | $179,200 | $26,500 | $152,700 |
| 2020 | $2,083 | $177,200 | $26,400 | $150,800 |
| 2019 | $2,084 | $174,300 | $26,500 | $147,800 |
| 2018 | $2,163 | $179,300 | $26,500 | $152,800 |
| 2017 | $1,785 | $164,600 | $26,400 | $138,200 |
| 2016 | $1,696 | $159,400 | $26,300 | $133,100 |
| 2014 | $3,422 | $158,500 | $26,900 | $131,600 |
| 2013 | $3,453 | $166,200 | $27,100 | $139,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | Price Changed | $269,900 | -1.9% | $219 / Sq Ft |
| 08/02/2025 08/02/25 | For Sale | $275,000 | +59.4% | $223 / Sq Ft |
| 08/31/2016 08/31/16 | Sold | $172,500 | 0.0% | $140 / Sq Ft |
| 07/15/2016 07/15/16 | Off Market | $172,500 | -- | -- |
| 07/01/2016 07/01/16 | Price Changed | $177,500 | -2.7% | $144 / Sq Ft |
| 04/26/2016 04/26/16 | For Sale | $182,500 | 0.0% | $148 / Sq Ft |
| 04/16/2012 04/16/12 | Rented | $1,400 | -6.7% | -- |
| 04/14/2012 04/14/12 | Under Contract | -- | -- | -- |
| 04/06/2012 04/06/12 | For Rent | $1,500 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Company Llc | |
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $36,576 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $129,350 | New Conventional | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $158,850 | New Conventional | |
| Previous Owner | $179,550 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22050247
APN: 49-03-36-123-087.000-801
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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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