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(SOLD) $272,000

1070 Reserve Way #1070 Indianapolis, IN  46220

  • 2 Beds
  • 1 Baths
  • 1,231 sq. Ft

Property Description for 1070 Reserve Way #1070 Indianapolis, IN 46220

A fantastic condominium in a prime Broad Ripple location. As you enter into the main living space, enjoy the dazzling hardwood floors that flow throughout the entire open-concept main floor. Ample light is brought in via double doors that open to the Juliette balcony over the front landscaped area. Stainless steel appliances, beautiful wood cabinets, and a great amount of counter space in the kitchen along with an adjacent dining room and laundry room. Two good-sized bedrooms share a hall bathroom. One of the bedrooms has access to a covered balcony via in-room sliding doors. There is an attached one car garage and a basement bonus room - perfect for an office, workout area or playroom. The building faces a community green space for peaceful tranquility and has direct access to the Monon Trail. In the midst of all the Broad Ripple hotspots, recreation, restaurants and entertainment. Neighborhood pool and HOA provides exterior maintenance and covers water, trash and sewer.
QuickBuy option for home selling

Address:1070 Reserve Way Indianapolis IN 46220
Status:Sold
Sold On: 8/16/2024
Price:$275,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,231
Year Built:2004
Lot Size:0.05
County: Marion
Township: Washington
MLS #:21986704
Property Type:Condominium

Lot Dimensions:2335
Lot Features:Sidewalks, On Trail, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,031
Total Sq. Ft. :1,231
Basement:Yes

Loan Price
$1,763
Price And Interest $1,419/month
Property Tax $231/month
MTG INS $0/month
HOME INS $113/month
Price
$272,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$231/month
Home Owner Insurance
$1,356 / year
HOA Dues
$290 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen 10x09 Main
Living Room 18x14 Main
Bonus Room 17x10 Basement
Primary Bedroom 12x10 Main
Breakfast Room 10x09 Main
Bedroom 2 12x10 Main
Laundry 06x05 Main

Semi-Annual Property Tax:$1,385
Tax Year:2023
Mandatory HOA Fee:$290
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
Subdivision: Reserve At Broad Ripple
Zip Code:46220

Total Sq. Ft.:1,231
Interior Features:Hardwood Floors, Screens Complete, Windows Thermal, Wood Work Painted, Paddle Fan
Interior Area(s):Bedroom Other on Main
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Radon System, Smoke Alarm
Exterior Type:Brick, Cement Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Denise Fiore with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/25/2024 12:00 AM. 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.





Indianapolis Market Report

137
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 968 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.