Sought-after condo in The Reserve at Broad Ripple-just steps from the Monon Trail! This ground-level 2 bed, 1 full bath unit is beautifully updated with newer luxury vinyl plank flooring and paint. The open-concept layout features a great room with patio doors overlooking the community pool, and a modern kitchen with stainless steel appliances and ample counter space. Spacious bedrooms include one with sliding doors to a your private balcony. Extra lower-level space is perfect for a home office, gym, or storage. Enjoy the convenience of an attached smart garage compatible with Amazon Key and a Nest thermostat for energy-efficient comfort. Walk or bike the Monon, shop and dine in Broad Ripple, or take a quick drive to downtown Indy!
Sold
$269,000
1053 Reserve Way, Indianapolis, IN 46220
2beds
1,231sqft
Residential, Condominium
Built in 2006
-- sqft lot
$272,500 Zestimate®
$219/sqft
$1,797 Estimated rent
Home value
$272,500
$251,000 - $297,000
$1,797/mo
Zestimate® history
Owner options
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$1,797/mo
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$1,967/mo
Est. payment
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$1,967/mo
Est. payment
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List your homeWhat's special
Extra lower-level spaceModern kitchenSpacious bedroomsOpen-concept layoutAmple counter spaceStainless steel appliances
Zillow last checked:
Listing updated:
Listing Provided by:
Laurie Brown 317-370-5538,
CENTURY 21 Scheetz
Bought with:
Alex Montagano
eXp Realty LLC
Alec Mason
eXp Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22032462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bonus room
- Features: Vinyl Plank
- Level: Basement
- Area: 170 Square Feet
- Dimensions: 17x10
Great room
- Features: Vinyl Plank
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Features: Vinyl Plank
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Living room
- Features: Vinyl Plank
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, MicroHood, Gas Water Heater
- Laundry: Main Level
Features
- High Speed Internet
- Windows: Windows Thermal, Windows Vinyl, Wood Work Painted
- Basement: Partial
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,231
- Total interior livable area: 1,231 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Attached, Common, Rear/Side Entry
- Attached garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Building Private Entry,Ground Level
- Exterior features: Sprinkler System, Balcony
Lot
- Size: 2,178 sqft
- Features: Sidewalks, Street Lights, On Trail
Details
- Parcel number: 490336123133000801
- 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: Slab
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Indianapolis
- Subdivision: Reserve At Broad Ripple
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $290 monthly
- Amenities included: Pool
- Services included: Association Home Owners, Insurance, Lawncare, Maintenance Grounds, Nature Area, Management, Snow Removal, Trash
- Association phone: 800-899-6652
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Sold | $269,000-2.2%$219/sqft |
Source:  MIBOR as distributed by MLS GRID #22032462 Report a problem | ||
| 5/15/2025 | Pending sale | $275,000$223/sqft |
Source: MIBOR as distributed by MLS GRID #22032462 Report a problem | ||
| 4/28/2025 | Price change | $275,000-1.8%$223/sqft |
Source: MIBOR as distributed by MLS GRID #22032462 Report a problem | ||
| 4/16/2025 | Listed for sale | $280,000+24.4%$227/sqft |
Source: MIBOR as distributed by MLS GRID #22032462 Report a problem | ||
| 12/1/2021 | Sold | $225,000$183/sqft |
Source: Public Record Report a problem | ||
| 9/23/2021 | Sold | $225,000$183/sqft |
Source: MIBOR as distributed by MLS GRID #21809520 Report a problem | ||
| 8/31/2021 | Pending sale | $225,000$183/sqft |
Source: MIBOR as distributed by MLS GRID #21809520 Report a problem | ||
| 8/26/2021 | Listed for sale | $225,000$183/sqft |
Source: MIBOR as distributed by MLS GRID #21809520 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,587 -4.1% | $236,900 +8.2% |
| 2024 | $2,699 +8.5% | $218,900 -4.6% |
| 2023 | $2,487 +17.9% | $229,400 +8.8% |
| 2022 | $2,109 -50% | $210,900 +14.6% |
| 2021 | $4,215 -0.3% | $184,100 +1.2% |
| 2020 | $4,228 +0.4% | $182,000 +1.6% |
| 2019 | $4,212 +21.5% | $179,100 +1.3% |
| 2018 | $3,465 -33% | $176,800 +9.3% |
| 2017 | $5,170 +51.9% | $161,700 +3.3% |
| 2016 | $3,403 +1.3% | $156,500 +0.7% |
| 2014 | $3,360 -3.1% | $155,400 -4.8% |
| 2013 | $3,468 | $163,300 -17.4% |
| 2012 | $3,468 | $197,800 +22.2% |
| 2011 | -- | $161,800 |
| 2010 | $3,364 -5% | $161,800 -2.6% |
| 2009 | $3,542 | $166,200 +1.1% |
| 2007 | -- | $164,400 |
Find assessor info on the county website
Neighborhood: Broad Ripple
Nearby schools
GreatSchools rating
- 8/10Center for Inquiry School 84Grades: K-5Distance: 1.4 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$272,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$272,500
- Indiana
- Marion County
- Indianapolis
- 46220
- Broad Ripple
- 1053 Reserve Way
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