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Sold
    • $250,000

    1117 Reserve Way, Indianapolis, IN 46220

    2beds
    1,231sqft
    Residential, Condominium
    Built in 2004
    -- sqft lot
    $249,400 Zestimate®
    $203/sqft
    $1,712 Estimated rent

    Home value

    $249,400

    $234,000 - $264,000

    $1,712/mo

    Zestimate® history
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    What's special

    Updated low-maintenance townhomeCommunity pool accessPond viewsAmple counter spaceUpdated light fixturesFresh interior paint
    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.

    Zillow last checked:

    Listing updated:

    Listed 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#: 22090024MLS Logo

    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
    • On waterfront: Yes
    • Waterfront features: Pond
    Lot
    • Size: 2,178 Square Feet
    • 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 & HOA

    Community
    • Features: Pool, Sidewalks, Street Lights, Suburban
    • Subdivision: Reserve At Broad Ripple
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Maintenance, Snow Removal, Trash
    • Services included: Association Home Owners, Sewer, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal, Trash
    • HOA fee: $300 monthly
    • HOA phone: 317-631-2213
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $203/sqft
    • Tax assessed value: $230,300
    • Annual tax amount: $2,518
    • Date on market: 3/20/2026
    • Cumulative days on market: 154 days

    Price history

    DateEventPrice
    5/29/2026Sold$250,000-1.9%$203/sqft
    Source: MIBOR as distributed by MLS GRID #22090024 Report a problem
    4/2/2026Pending sale$254,900$207/sqft
    Source: MIBOR as distributed by MLS GRID #22090024 Report a problem
    4/1/2026Price change$254,900-0.8%$207/sqft
    Source: MIBOR as distributed by MLS GRID #22090024 Report a problem
    3/20/2026Listed for sale$256,900$209/sqft
    Source: MIBOR as distributed by MLS GRID #22090024 Report a problem
    3/20/2026Listing removed$256,900$209/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    3/10/2026Price change$256,900-1%$209/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    2/23/2026Price change$259,400-0.2%$211/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    2/16/2026Price change$259,900-3.5%$211/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    2/5/2026Listed for sale$269,400$219/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    11/7/2025Listing removed$269,400$219/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    9/12/2025Price change$269,400-0.2%$219/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    8/17/2025Price change$269,900-1.9%$219/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    8/2/2025Listed for sale$275,000+59.4%$223/sqft
    Source: MIBOR as distributed by MLS GRID #22050247 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/27/2018Listing removed$750$1/sqft
    Source: Owner Report a problem
    1/7/2018Listed for rent$750-49.8%$1/sqft
    Source: Owner Report a problem
    9/12/2016Sold$172,500-2.8%$140/sqft
    Source: Public Record Report a problem
    7/1/2016Price change$177,500-2.7%$144/sqft
    Source: Highgarden Real Estate #21413860 Report a problem
    4/26/2016Listed for sale$182,500+21.7%$148/sqft
    Source: Highgarden Real Estate #21413860 Report a problem
    5/14/2015Listing removed$1,495$1/sqft
    Source: Barratt Asset Management Report a problem
    4/28/2015Listed for rent$1,495$1/sqft
    Source: Barratt Asset Management Report a problem
    4/8/2014Listing removed$1,495$1/sqft
    Source: Barratt Asset Management Report a problem
    3/8/2014Listed for rent$1,495$1/sqft
    Source: Barratt Asset Management Report a problem
    2/4/2011Sold$150,000+310.1%$122/sqft
    Source: Public Record Report a problem
    8/4/2010Sold$36,576-80.6%$30/sqft
    Source: Public Record Report a problem
    9/23/2005Sold$189,000$154/sqft
    Source: MIBOR as distributed by MLS GRID #2518462 Report a problem
    1/2/2005Sold--0
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax 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

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    Estimated market value
    $249,400
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    Estimated market value
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