12 days on rocket

1121 Reserve Way, Indianapolis, IN, 46220

$338,500

Home List Price

$4,020*

Closing Credit

2 Bedrooms
2 Full Baths
1,946 SqFt
$174/SqFt
Townhouse
Schools Nearby

Location

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1121 Reserve Way, Indianapolis$338,500

Buyer Closing Credits

$4,020*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
Year Built2004
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceGas Log, Living Room
MLS #21977159
Lot Size0.05 Acres
StatusActive

About 1121 Reserve Way

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!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 2004
  • Living Area: 1,946 SqFt

Listing Office:

  • Office Name: Circle Real Estate
  • Office Email: jay.oneil@circle-re.com
  • Listing Agent: Jay O'Neil

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener
  • Basement: No
  • Interior: Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Eat-in Kitchen, Pantry, Skylight(s), Walk-in Closet(s)
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Merle Sidener Gifted Academy, Public District Grades 2-8
  • Center For Inquiry II, Public District Grades KG-8
  • Rousseau Mc Clellan 91, Public Magnet Grades KG-8
  • Eliza A Blaker School 55, Public District Grades PK-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: East on Broad Ripple Ave from College, North on Winthrop to condos on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $338,500
  • Price Per SqFt: $174/SqFt

HOA Fees:

  • Amount: $290
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,103
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$240K

Med. Price/SqFt

$136

Avg. Days On Market

32

# of Sold Homes

1089

1121 Reserve Way vs Indianapolis

12 DAYS ON ROCKET

-20 Days

$338,500

+$98.4K More

$174/SqFt

+$38 More

KEY TAKEAWAY

This property is $98.4K more than the Median Sold Price and $38/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21977159

Listing Office:

  • Office Name: Circle Real Estate
  • Office Email: jay.oneil@circle-re.com
  • Listing Agent: Jay O'Neil

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 11:46:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,103$263,100
2019$6,131$258,500
2018$4,996$255,400
2017$4,719$233,100

History based on county public records data.

Payment Calculator

$2,047

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,081

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3556486
3
/10

  • Eliza A Blaker School 55

  • 1349 E 54th St

  • 1.82 miles

  • Public District Grades PK-6

school-card-donut-3556487
4
/10

  • Theodore Potter School 74

  • 1601 E 10th St

  • 6.63 miles

  • Public District Grades KG-6

school-card-donut-3556488
4
/10

  • Ernie Pyle School 90

  • 3351 W 18th St

  • 7.18 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3556489
9
/10

  • Merle Sidener Gifted Academy

  • 2424 Kessler Boulevard East Dr

  • 1.38 miles

  • Public District Grades 2-8

school-card-donut-3556490
8
/10

  • Center For Inquiry II

  • 440 E 57th St

  • 1.42 miles

  • Public District Grades KG-8

school-card-donut-3556491
5
/10

  • Rousseau Mc Clellan 91

  • 5111 Evanston Ave

  • 2.25 miles

  • Public Magnet Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,464. The majority of Indianapolis, IN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1121 Reserve Way

What is the listing price of this property?

The listing price of 1121 Reserve Way property is $338,500.

What type of property is this?

The property 1121 Reserve Way is a townhouse located in Indianapolis, Indiana, 46220.

Is this property for sale now?

Active Listing: 1121 Reserve Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1121 Reserve Way are:
Eliza A Blaker School 55: GreatSchools Rating 3/10
Theodore Potter School 74: GreatSchools Rating 4/10
Ernie Pyle School 90: GreatSchools Rating 4/10
Merle Sidener Gifted Academy: GreatSchools Rating 9/10
Center For Inquiry II: GreatSchools Rating 8/10
Rousseau Mc Clellan 91: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,103 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1121 Reserve Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1121 Reserve Way is 1,946 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1121 Reserve Way is 2004.

Rocket Homes›Indiana›Marion County›Indianapolis›46220›1121 Reserve Way

This home is located at 1121 Reserve Way in Indianapolis, IN and zip code 46220 in the Broad Ripple neighborhood. This 1,946 square foot home, which was built in 2004, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $338,500.

Indianapolis, IN housing market in April 2024 saw over 316 listings sold above listed price, more than 280 sold at listed price and over 493 sold below. The number of listings in Indianapolis, IN increased by 0.3% between March 2024 and April 2024. In April 2024 median list price was $240,065 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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