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Sold
  • $345,000

    1037 Reserve Way, Indianapolis, IN 46220

    2beds
    1,946sqft
    Residential, Condominium
    Built in 2005
    -- sqft lot
    $345,000 Zestimate®
    $177/sqft
    $2,564 Estimated rent

    Home value

    $345,000

    $328,000 - $362,000

    $2,564/mo

    Zestimate® history
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    What's special

    Swimming poolTwo comfortable bedroomsGranite counter topsTasteful decoratingTwo jetted bathtubsSeparate breakfast barLarge kitchen island
    Discover sophisticated living at the Reserve at Broad Ripple. This condominium offers a refined lifestyle within a vibrant community that has a swimming pool and a peaceful pond with a fountain. Spanning two stories, this residence provides a thoughtful layout, with numerous upgrades. 3 skylights, 2 gas fireplaces, granite counter tops, a large kitchen island along with a separate breakfast bar, two jetted bathtubs along with tasteful decorating. With two floors condo offers privacy and ample space for daily living. Two comfortable bedrooms, give plenty of room for relaxation and personal sanctuary. The two full bathrooms are well-appointed, ensuring convenience and comfort for residents and guests alike. Furnace and Air conditioning were replaced in 2024. This condo has been meticulously maintained

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol Gartland 317-407-4339,

    CENTURY 21 Scheetz

    Bought with:

    Shannon Alva

    Carpenter, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 22106568MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 357 Square Feet
    • Dimensions: 21x17
    Bedroom 2
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Dining room
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Great room
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Kitchen
    • Features: Other
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Laundry
    • Features: Other
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 9x7
    Loft
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 16x9
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
    • Laundry: Laundry Room, Main Level
    Features
    • Breakfast Bar, Kitchen Island, Ceiling Fan(s), Hardwood Floors, High Speed Internet, Pantry, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: Wood Work Painted
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Gas Log, Great Room, Primary Bedroom
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,946
    • Total interior livable area: 1,946 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Tandem
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Guest Street Parking, Keyless Entry)
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Upper Level
    • Exterior features: Balcony, Sprinkler System, Water Feature Fountain
    Lot
    • Size: 2,178 Square Feet
    • Features: On Trail, Sidewalks
    Details
    • Parcel number: 490336123127000801
    • Special conditions: Sales Disclosure On File
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Cement Siding
    • Foundation: Concrete Perimeter
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sep Electric Meter, Sep Gas Meter

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle, Pool, Sidewalks
    • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
    • Subdivision: Reserve At Broad Ripple
    HOA
    • Has HOA: Yes
    • Amenities included: Insurance, Maintenance, Maintenance Grounds, Management, Pond Year Round, Pool, Snow Removal, Trash
    • Services included: Sewer, Entrance Private, Insurance, Irrigation, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Nature Area, Management, Snow Removal, Trash, Other
    • HOA fee: $300 monthly
    • HOA phone: 317-631-2213
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $353,000
    • Annual tax amount: $3,964
    • Date on market: 6/12/2026
    • Cumulative days on market: 7 days

    Price history

    DateEventPrice
    8/19/2026Sold$345,000-1.4%$177/sqft
    Source: MIBOR as distributed by MLS GRID #22106568 Report a problem
    6/19/2026Pending sale$350,000$180/sqft
    Source: MIBOR as distributed by MLS GRID #22106568 Report a problem
    6/12/2026Listed for sale$350,000+10.6%$180/sqft
    Source: MIBOR as distributed by MLS GRID #22106568 Report a problem
    8/18/2021Sold$316,500+2.1%$163/sqft
    Source: Public Record Report a problem
    7/9/2021Pending sale$310,000$159/sqft
    Source: RE/MAX International #21796927 Report a problem
    7/8/2021Listed for sale$310,000$159/sqft
    Source: RE/MAX International #21796927 Report a problem
    1/2/2005Sold--0
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,944 -4.3%$353,000 +7.3%
    2024$4,119 +8.6%$328,900 -4.8%
    2023$3,791 +17.9%$345,500 +9.2%
    2022$3,216 +0.8%$316,500 +14.5%
    2021$3,190 -0.2%$276,400 +1.2%
    2020$3,195 +0.4%$273,100 +1.8%
    2019$3,183 +22.2%$268,200 +1.3%
    2018$2,605 +5.3%$264,800 +9.5%
    2017$2,474 -2.3%$241,900 +3.6%
    2016$2,532 +1.5%$233,500 +1.1%
    2014$2,494 -2.4%$231,000 -5.2%
    2013$2,556 $243,600 -17.9%
    2012$2,556 $296,700 +23.7%
    2011-- $239,900
    2010$2,494 -5%$239,900 -2.8%
    2009$2,625 $246,900 +1.1%
    2007-- $244,100
    Find assessor info on the county website

    Neighborhood: Broad Ripple

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $345,000
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    Estimated market value
    $345,000