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$369,000

1074 Reserve Way Indianapolis, IN  46220

  • 2 Beds
  • 2 Baths
  • 1,946 sq. Ft

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Property Description for 1074 Reserve Way Indianapolis, IN 46220

This home is a desired end unit on the north side of the Reserve condominium complex. The vaulted ceilings and numerous windows bring in tons of light. The Juliet balcony provides ventilation and a view of the woods and grounds (overlooking the White River). This unit offers laminate flooring on the main floor and carpeting on stairs and upper floor. Newer upgrades include: newer appliances (2019), fresh paint (2024), new garage door and opener with My-Q WIFI technology; new water softener (paid), new balcony flooring (2024); lighting and fan in second bedroom (2023). The loft space is perfect for a study, tv room or yoga retreat. The master bedroom is huge and welcoming.
QuickBuy option for home selling

Address:1074 Reserve Way Indianapolis IN 46220
Status:Active
on site: 16 days
Price:$369,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,946
Year Built:2005
Lot Size:0.05
County: Marion
Township: Washington
MLS #:22003007
Property Type:Condominium

Lot Dimensions:2335
Water Source:Community Water, Municipal/City
Directions:From 86th street and Westfied, go south on Westfield to Reserve Drive; turn right; turn right. Property is in the third building on the right.
Main Level Sq. Ft. :1,146
Upper Level Sq. Ft. :800
Total Sq. Ft. :1,946

Loan Price
$2,392
Price And Interest $1,925/month
Property Tax $313/month
MTG INS $0/month
HOME INS $154/month
Price
$369,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$313/month
Home Owner Insurance
$1,848 / year
HOA Dues
$305 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x16 Main
Dining Room 13x10 Main
Kitchen 14x14 Main
Laundry 6x5 Main
Primary Bedroom 16x21 Upper
Bedroom 2 15x10 Main

Semi-Annual Property Tax:$1,876
Tax Year:2023
Mandatory HOA Fee:$305
HOA Fee Paid:Monthly

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

Middle School:James Whitcomb Riley School 43
Elementary School:James Whitcomb Riley School 43

Total Sq. Ft.:1,946
Interior Features:Attic Access, Vaulted Ceiling(s), Center Island, Entrance Foyer, Hardwood Floors, Pantry, Screens Complete, Windows Vinyl
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator
Exterior Type:Other
Fireplace(s):Gas Starter
Cool:Central Electric
Heat:Electric, Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Joseph Wootan with Listwithfreedom.com from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/21/2024 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

109
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 $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1980 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.

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