Welcome to The Reserve at Broad Ripple! This updated, low-maintenance townhome offers an unbeatable location just steps from the Monon Trail, popular restaurants, local shops, and all that Broad Ripple has to offer. The open-concept main living area is ideal for everyday living and entertaining, featuring a bright great room with patio doors overlooking the community pool. The kitchen includes stainless steel appliances, ample counter space, and a functional layout that flows seamlessly into the living area. Fresh interior paint, updated light fixtures, and a new water heater (2024) & AC Unit (2025) provide added value and peace of mind. The main level includes two bedrooms and a full bath with a garden tub. The finished lower-level bonus space offers flexibility for a home office, fitness area, media room, or guest space. Additional highlights include an attached 1-car garage, community pool access, pond views, and exceptional walkability. A rare opportunity to own in one of Broad Ripple's most desirable communities.
Sold
$250,000
1117 Reserve Way, Indianapolis, IN 46220
2beds
1,231sqft
Residential, Condominium
Built in 2004
-- sqft lot
$250,900 Zestimate®
$203/sqft
$1,777 Estimated rent
Home value
$250,900
$238,000 - $263,000
$1,777/mo
Zestimate® history
Owner options
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$1,777/mo
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$1,777/mo
Rent Zestimate®
Refinance and save
$1,952/mo
Est. payment
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$1,952/mo
Est. payment
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List your homeWhat's special
Updated low-maintenance townhomeCommunity pool accessPond viewsAmple counter spaceUpdated light fixturesFresh interior paint
Zillow last checked:
Listing updated:
Listing Provided by:
Sarah Hubley 260-242-1543,
Highgarden Real Estate,
Randy Wasmuth
Bought with:
Tim O'Connor
Berkshire Hathaway Home
Joseph Gaines
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22090024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bonus room
- Features: Other
- Level: Basement
- Area: 170 Square Feet
- Dimensions: 17x10
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Laundry
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5x8
Living room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
- Laundry: Main Level, Laundry Room
Features
- Hardwood Floors, Pantry
- Flooring: Hardwood
- Basement: Finished,Interior Entry
- 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: 200
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Attached
- Attached garage spaces: 1
- Details: Garage Parking Other(Garage Door Opener, Guest Street Parking)
Features
- Levels: Two
- Stories: 2
- Entry location: Building Private Entry
- Patio & porch: Patio
- Exterior features: Balcony
- Waterfront features: Pond
Lot
- Size: 2,178 sqft
- Features: Sidewalks
Details
- Parcel number: 490336123087000801
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Cement Siding
- Foundation: Concrete Perimeter
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2004
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Pool, Sidewalks, Street Lights, Suburban
Location
- Region: Indianapolis
- Subdivision: Reserve At Broad Ripple
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
- Amenities included: Maintenance Grounds, Maintenance, Snow Removal, Trash
- Services included: Association Home Owners, Sewer, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal, Trash
- Association phone: 317-631-2213
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $250,000-1.9%$203/sqft |
Source:  MIBOR as distributed by MLS GRID #22090024 Report a problem | ||
| 4/2/2026 | Pending sale | $254,900$207/sqft |
Source: MIBOR as distributed by MLS GRID #22090024 Report a problem | ||
| 4/1/2026 | Price change | $254,900-0.8%$207/sqft |
Source: MIBOR as distributed by MLS GRID #22090024 Report a problem | ||
| 3/20/2026 | Listed for sale | $256,900$209/sqft |
Source: MIBOR as distributed by MLS GRID #22090024 Report a problem | ||
| 3/20/2026 | Listing removed | $256,900$209/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 3/10/2026 | Price change | $256,900-1%$209/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 2/23/2026 | Price change | $259,400-0.2%$211/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 2/16/2026 | Price change | $259,900-3.5%$211/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 2/5/2026 | Listed for sale | $269,400$219/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 11/7/2025 | Listing removed | $269,400$219/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 9/12/2025 | Price change | $269,400-0.2%$219/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 8/17/2025 | Price change | $269,900-1.9%$219/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 8/2/2025 | Listed for sale | $275,000+59.4%$223/sqft |
Source: MIBOR as distributed by MLS GRID #22050247 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/27/2018 | Listing removed | $750$1/sqft |
Source: Owner Report a problem | ||
| 1/7/2018 | Listed for rent | $750-49.8%$1/sqft |
Source: Owner Report a problem | ||
| 9/12/2016 | Sold | $172,500-2.8%$140/sqft |
Source: Public Record Report a problem | ||
| 7/1/2016 | Price change | $177,500-2.7%$144/sqft |
Source: Highgarden Real Estate #21413860 Report a problem | ||
| 4/26/2016 | Listed for sale | $182,500+21.7%$148/sqft |
Source: Highgarden Real Estate #21413860 Report a problem | ||
| 5/14/2015 | Listing removed | $1,495$1/sqft |
Source: Barratt Asset Management Report a problem | ||
| 4/28/2015 | Listed for rent | $1,495$1/sqft |
Source: Barratt Asset Management Report a problem | ||
| 4/8/2014 | Listing removed | $1,495$1/sqft |
Source: Barratt Asset Management Report a problem | ||
| 3/8/2014 | Listed for rent | $1,495$1/sqft |
Source: Barratt Asset Management Report a problem | ||
| 2/4/2011 | Sold | $150,000+310.1%$122/sqft |
Source: Public Record Report a problem | ||
| 8/4/2010 | Sold | $36,576-80.6%$30/sqft |
Source: Public Record Report a problem | ||
| 9/23/2005 | Sold | $189,000$154/sqft |
Source: MIBOR as distributed by MLS GRID #2518462 Report a problem | ||
| 1/2/2005 | Sold | --0 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,517 -4.1% | $230,300 +8% |
| 2024 | $2,624 +8.5% | $213,200 -4.5% |
| 2023 | $2,418 +17.9% | $223,300 +8.8% |
| 2022 | $2,050 +0.8% | $205,300 +14.6% |
| 2021 | $2,034 -0.1% | $179,200 +1.1% |
| 2020 | $2,035 -3.8% | $177,200 +1.7% |
| 2019 | $2,115 +19.5% | $174,300 -2.8% |
| 2018 | $1,770 +4.4% | $179,300 +8.9% |
| 2017 | $1,696 -51% | $164,600 +3.3% |
| 2016 | $3,461 +1.1% | $159,400 +0.6% |
| 2014 | $3,422 +96.5% | $158,500 -4.6% |
| 2013 | $1,741 | $166,200 -16.7% |
| 2012 | $1,741 | $199,500 +21.1% |
| 2011 | -- | $164,800 |
| 2010 | $1,704 -10.8% | $164,800 -2.5% |
| 2009 | $1,912 | $169,000 +1% |
| 2007 | -- | $167,300 -3.8% |
| 2006 | -- | $173,900 +2.8% |
| 2005 | -- | $169,200 |
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
$250,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$250,900
- Indiana
- Marion County
- Indianapolis
- 46220
- Broad Ripple
- 1117 Reserve Way
Nearby cities
Nearby neighborhoods
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