Welcome to The Reserve at Broad Ripple! This move-in-ready townhome features a dramatic two-story great room with soaring windows overlooking the community pool and a cozy gas-log fireplace. The open-concept kitchen is equipped with stainless steel appliances, a breakfast bar, and an ideal layout for entertaining or everyday living. A formal dining room or flexible living space opens to a private balcony. The main level also includes a spacious bedroom and full bath, making it ideal for guests or a home office. Upstairs, a bright loft provides additional flexible living space, while the impressive primary suite offers cathedral ceilings, walk-in closets, and a luxurious primary bath. The lower level features a spacious two-car attached garage with plenty of storage. Recent updates include new flooring and fresh paint throughout, making this home truly move-in ready. Residents of The Reserve enjoy beautifully maintained grounds, a community pool, and an unbeatable location with direct access to the Monon Trail and White River. Just minutes from exceptional dining, shopping, entertainment, and all the neighborhood has to offer. Don't miss this opportunity to own this beautifully updated townhome in Broad Ripple!
Active
Price cut: $5K (9/5)
$340,000
1121 Reserve Way, Indianapolis, IN 46220
2beds
1,946sqft
Residential, Condominium
Built in 2004
-- sqft lot
$-- Zestimate®
$175/sqft
$300/mo HOA
What's special
Cozy gas-log fireplaceWalk-in closetsBeautifully maintained groundsOverlooking the community poolLuxurious primary bathPrivate balconyOpen-concept kitchen
- 70 days
- 456
- 19
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ken Yoder KENYODER@HOOSIER-REALTORS.COM,
Hoosier, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22117543
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: 320 Square Feet
- Dimensions: 20x16
Bedroom 2
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Great room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 21x12
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Loft
- Level: Upper
- Area: 135 Square Feet
- Dimensions: 15x09
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
- Laundry: Main Level
Features
- Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
- 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
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Building Private Entry
- Exterior features: Balcony
- Pool features: In Ground
Lot
- Size: 2,178 Square Feet
- Features: Sidewalks, On Trail
Details
- Parcel number: 490336123089000801
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2004
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Reserve At Broad Ripple
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool
- Services included: Association Home Owners, Clubhouse, Sewer, Entrance Common, Insurance, Lawncare, Maintenance Grounds, Nature Area, Management, Snow Removal, Trash
- HOA fee: $300 monthly
- HOA phone: 317-555-5555
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $344,500
- Annual tax amount: $3,860
- Date on market: 7/31/2026
- Cumulative days on market: 60 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $340,000-1.4%$175/sqft |
Source:  MIBOR as distributed by MLS GRID #22117543 Report a problem | ||
| 7/31/2026 | Listed for sale | $345,000+4.9%$177/sqft |
Source: MIBOR as distributed by MLS GRID #22117543 Report a problem | ||
| 8/9/2024 | Sold | $329,000-0.3%$169/sqft |
Source: MIBOR as distributed by MLS GRID #21977159 Report a problem | ||
| 7/12/2024 | Pending sale | $330,000$170/sqft |
Source: MIBOR as distributed by MLS GRID #21977159 Report a problem | ||
| 6/6/2024 | Price change | $330,000-2.5%$170/sqft |
Source: MIBOR as distributed by MLS GRID #21977159 Report a problem | ||
| 5/6/2024 | Listed for sale | $338,500+25.4%$174/sqft |
Source: MIBOR as distributed by MLS GRID #21977159 Report a problem | ||
| 6/18/2020 | Listing removed | $1,850$1/sqft |
Source: Encore Sotheby's International #21715624 Report a problem | ||
| 6/4/2020 | Listed for rent | $1,850$1/sqft |
Source: Encore Sotheby's International #21715624 Report a problem | ||
| 6/3/2020 | Listing removed | $269,900$139/sqft |
Source: MIBOR REALTOR Association #21704048 Report a problem | ||
| 4/20/2020 | Listed for sale | $269,900$139/sqft |
Source: Encore Sotheby's International Realty #21704048 Report a problem | ||
| 4/15/2020 | Pending sale | $269,900$139/sqft |
Source: Encore Sotheby's International Realty #21704048 Report a problem | ||
| 4/10/2020 | Listed for sale | $269,900+12.4%$139/sqft |
Source: MIBOR REALTOR Association #21704048 Report a problem | ||
| 3/14/2020 | Listing removed | $1,850$1/sqft |
Source: Plat Collective #21696118 Report a problem | ||
| 12/15/2019 | Listed for rent | $1,850+5.7%$1/sqft |
Source: Plat Collective #21686154 Report a problem | ||
| 4/22/2015 | Listing removed | $1,750$1/sqft |
Source: Encore Sotheby's International Realty #21322346 Report a problem | ||
| 10/30/2014 | Listed for rent | $1,750$1/sqft |
Source: Encore Sotheby's International Realty #21322346 Report a problem | ||
| 12/28/2006 | Sold | $240,100-6.8%$123/sqft |
Source: MIBOR as distributed by MLS GRID #2660591 Report a problem | ||
| 2/1/2006 | Sold | $257,500$132/sqft |
Source: MIBOR as distributed by MLS GRID #2539330 Report a problem | ||
| 1/2/2005 | Sold | --0 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,803 -51.9% | $344,500 +8.5% |
| 2024 | $7,908 +9.7% | $317,500 -4.8% |
| 2023 | $7,208 +17.4% | $333,400 +9.2% |
| 2022 | $6,141 +0.8% | $305,300 +14.7% |
| 2021 | $6,093 -0.2% | $266,200 +1.2% |
| 2020 | $6,103 +0.3% | $263,100 +1.8% |
| 2019 | $6,084 +22.1% | $258,500 +1.2% |
| 2018 | $4,981 +5.6% | $255,400 +9.6% |
| 2017 | $4,719 -3.4% | $233,100 +3.6% |
| 2016 | $4,885 +1.3% | $224,900 +0.8% |
| 2014 | $4,824 -2.8% | $223,100 -5.1% |
| 2013 | $4,962 | $235,200 -18% |
| 2012 | $4,962 | $286,900 +23.1% |
| 2011 | -- | $233,100 |
| 2010 | $2,420 -4.9% | $233,100 -2.8% |
| 2009 | $2,546 | $239,900 +1.1% |
| 2007 | -- | $237,200 +1.4% |
| 2006 | -- | $234,000 +11% |
| 2005 | -- | $210,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Broad Ripple
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