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(SOLD) $329,000

1121 Reserve Way Indianapolis, IN  46220

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

Property Description for 1121 Reserve Way Indianapolis, IN 46220

Welcome to your new home at The Reserve! Step inside this elegant townhome and be greeted by a stunning two-story great room overlooking the pool, complete with a cozy gas log fireplace. The open kitchen boasts stainless steel appliances and a breakfast bar, ideal for entertaining guests or enjoying casual meals. The main level offers versatility with a formal dining room/flex space that opens to a balcony, providing a serene outdoor retreat. On this level, you'll also find a spacious bedroom accompanied by a full bath, offering privacy and convenience. Venture upstairs to discover a light and airy loft area, perfect for a home office, library, or additional living space. The primary suite awaits, offering a tranquil oasis with walk-in closets and cathedral ceilings. The ensuite bathroom features double vanities, a relaxing garden tub, and a separate shower, providing luxury and comfort. Convenience is key with a spacious 2-car attached garage on the lower level, ensuring ample storage and parking space. The community amenities include a pristine in-ground pool, surrounded by beautiful grounds and nature, providing a serene backdrop for relaxation and recreation. The location is unbeatable, with easy access to the Monon Trail and White River. Plus, you're just moments away from all that Broad Ripple has to offer, including trendy shops, restaurants, and vibrant nightlife. This beautiful townhome is move in ready with brand new carpet, freshly painted walls and trim. Schedule your showing today and make The Reserve at Broad Ripple your new home sweet home!
QuickBuy option for home selling

Address:1121 Reserve Way Indianapolis IN 46220
Status:Sold
Sold On: 8/9/2024
Price:$330,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,946
Year Built:2004
Lot Size:0.05
County: Marion
Township: Washington
MLS #:21977159
Property Type:Townhouse

Lot Dimensions:2335
Lot Features:Sidewalks, On Trail
Water Source:Municipal/City
Directions:East on Broad Ripple Ave from College, North on Winthrop to condos on left.
Main Level Sq. Ft. :1,146
Upper Level Sq. Ft. :800
Total Sq. Ft. :1,946

Loan Price
$2,454
Price And Interest $1,716/month
Property Tax $601/month
MTG INS $0/month
HOME INS $137/month
Price
$329,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$601/month
Home Owner Insurance
$1,644 / year
HOA Dues
$290 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 2 15x10 Main
Dining Room 13x10 Main
Great Room 21x12 Main
Kitchen 14x10 Main
Primary Bedroom 20x16 Upper
Loft 15x09 Upper

Semi-Annual Property Tax:$3,604
Tax Year:2023
Mandatory HOA Fee:$290
HOA Fee Paid:Monthly

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

Total Sq. Ft.:1,946
Interior Features:Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Eat-in Kitchen, Pantry, Skylight(s), Walk-in Closet(s)
Interior Area(s):Bedroom Other on Main, Great Room - 2 Story, Living Room Formal
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Security Alarm Paid, Smoke Alarm
Exterior Features:Balcony
Exterior Type:Brick
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
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 Jay O'Neil with Circle Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/05/2024 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 1969 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.

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