NOT LISTED FOR SALE

1123 Reserve Way Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $353,000 - $408,000

3 Beds
2 Baths
1,946 Sq Ft
$280/mo HOA Fee

Last Sold August 07, 2023

Last sale price $360,000 $185 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,718/month

4 Days on Market

Highlights

  • Mature Trees
  • Cathedral Ceiling
  • Community Pool
  • Contemporary Architecture
  • Outdoor Water Feature
  • Hiking Trails

About This Home

As of August 2023

Immaculate move in ready end unit boasts an abundance of natural light that floods from the skylight & vaulted ceilings illuminating the space. The fresh paint gives it a clean & updated look while the light-colored floors further enhance the bright & airy feel, creating a welcoming and spacious atmosphere. Custom kitchen is complete w/ quartz counter tops, dovetail easy-shut drawers, stainless appliances, center island w/ breakfast bar & dining room w/ walk out balcony. The versatile loft over looking the two-story great room includes built-in shelves & reading nook. Large Primary suite features walk-in closet & master bath. All of this w/ community pool & courtyard located near the Monon Trail and everything Broad Ripple Ave has to offer!

Last Listed By

Alexander Kovacs

Keller Williams Indpls Metro N Brokerage Email: alexander.kovacs@exprealty.com License #RB21000428 Listed on: 07/07/2023

Keller Williams Indpls Metro N

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2005

Lot Details

  • Mature Trees

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Window Screens
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Water Feature

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 490336123051000801

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Reserve At Broad Ripple Subdivision
  • Property managed by 317.594.5720

Recreation

  • Community Pool
  • Hiking Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,730

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2005
  • Building Area Total: 1946
  • Garage Y N: Yes
  • Lot Size Acres: 0.0536
  • Subdivision Name: Reserve At Broad Ripple
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Loft
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: alexander.kovacs@exprealty.com
  • Attribution Contact: alexander.kovacs@exprealty.com
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Screens Complete, Skylight(s), Windows Thermal, Breakfast Bar, Bath Sinks Double Main, Hi-Speed Internet Availbl, Center Island, Pantry
  • Living Area: 1946
  • Main Level Bedrooms: 1
  • Areas Interior: Great Room - 2 Story,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1116
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 830
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Water Feature Fountain, Balcony
  • Foundation Details: Block
  • List Price: 365000
  • Pool Features: Community, Association

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Guest Parking, Storage
  • 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: No

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: 317.594.5720
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Sidewalks, On Trail, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 2335
  • Parcel Number: 490336123051000801
  • Acres: <1/4 Acre
  • Price Acre: 6716417.91044776

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3730
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1865
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 3, 2023
Sold by
Goff Daniel S
Bought by
Forhan Sarah
Seller's Agent
Alexander Kovacs
Keller Williams Indpls Metro N
Buyer's Agent
Joel Mathews
@properties
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Total Days on Market
4
Views
97
Current Estimated Value
$371,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,992
Avg. Annual Appreciation
1.83%
Original Mortgage
$150,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 30, 2019
Sold by
Roeder Jacob and Roeder Amanda
Bought by
Goff Charles D and Goff Daniel S
Seller's Agent
Josh Moss
Keller Williams Indy Metro S
Buyer's Agent
Kane Lauck
REALINDIANA CO
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$87,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 22, 2019
Sold by
Goff Charles D and Goff Daniel S
Bought by
Goff Charles D and Goff Shery Lyn
Seller's Agent
Josh Moss
Keller Williams Indy Metro S
Buyer's Agent
Kane Lauck
REALINDIANA CO
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2016
Closed on
Apr 28, 2017
Sold by
Buchanan Bruce
Bought by
Roeder Jacob and Roeder Amanda
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Chad Everts
E-Rocks Real Estate
List Price
$249,000
Sold Price
$247,900
Premium/Discount to List
-$1,100
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$80,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
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
Forhan Sarah $360,000 Foundation Title
Goff Daniel S $360,000 None Listed On Document
Goff Charles D -- None Available
Goff Charles D $285,000 Title Alliance Of Indy Metro,
Roeder Jacob $247,900 --
Roeder Jacob $247,900 Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goff Daniel S $150,000
Previous Owner Goff Charles D $87,500
Previous Owner Roeder Jacob $80,000
Previous Owner Buchanan Bruce $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $360,000 -1.4% $185 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $365,000 0.0% $188 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $365,000 +28.1% $188 / Sq Ft
08/22/2019 08/22/19 Sold $285,000 0.0% $146 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $285,000 +15.0% $146 / Sq Ft
04/28/2017 04/28/17 Sold $247,900 -0.4% $127 / Sq Ft
03/27/2017 03/27/17 For Sale $249,000 +0.4% $128 / Sq Ft
03/27/2017 03/27/17 Off Market $247,900 -- --
03/07/2017 03/07/17 For Sale $249,000 0.0% $128 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $249,000 -- $128 / 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 $4,269 $336,500 $26,700 $309,800
2023 $4,269 $353,600 $26,800 $326,800
2022 $3,930 $323,600 $26,700 $296,900
2021 $3,333 $282,000 $26,500 $255,500
2020 $3,308 $278,900 $26,400 $252,500
2019 $3,313 $273,900 $26,500 $247,400
2018 $3,240 $265,600 $26,500 $239,100
2017 $2,623 $241,800 $26,400 $215,400
2016 $4,890 $233,100 $26,300 $206,800
2014 $4,999 $231,200 $26,900 $204,300
2013 $5,139 $244,100 $27,100 $217,000
Source: Public Records

Agents Affiliated with this Home

  • Alexander Kovacs

    Seller's Agent in 2023

    Alexander Kovacs

    Keller Williams Indpls Metro N

    (317) 402-5684

    2 in this area

    53 Total Sales

    Alexander Kovacs
    Section Image
  • Joel Mathews

    Buyer's Agent in 2023

    Joel Mathews

    @properties

    (317) 246-9866

    1 in this area

    170 Total Sales

    Section Image
  • Josh Moss

    Seller's Agent in 2019

    Josh Moss

    Keller Williams Indy Metro S

    (317) 413-7292

    1 in this area

    209 Total Sales

    Josh Moss
    Section Image
  • Denis O'Brien

    Seller Co-Listing Agent in 2019

    Denis O'Brien

    Keller Williams Indy Metro S

    (317) 345-0785

    1 in this area

    347 Total Sales

    Denis O'Brien
    Section Image
  • Kane Lauck

    Buyer's Agent in 2019

    Kane Lauck

    REALINDIANA CO

    (317) 400-2274

    Section Image
  • Dick Richwine

    Seller's Agent in 2017

    Dick Richwine

    Berkshire Hathaway Home

    (317) 558-6900

    3 in this area

    538 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930670

MIBOR Broker Listing Cooperative®

APN: 49-03-36-123-051.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

1123 Reserve Way, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 1123 Reserve Way, Indianapolis, IN 46220 since 07 July 2023 and is currently estimated at $371,992, approximately $191 per square foot. This property was built in 2005. 1123 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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