Welcome to your new home at The Reserve! Step inside this elegant townhome and be greeted by a stunning two-story great room overlooking the pool, complete with a cozy gas log fireplace. The open kitchen boasts stainless steel appliances and a breakfast bar, ideal for entertaining guests or enjoying casual meals. The main level offers versatility with a formal dining room/flex space that opens to a balcony, providing a serene outdoor retreat. On this level, you'll also find a spacious bedroom accompanied by a full bath, offering privacy and convenience. Venture upstairs to discover a light and airy loft area, perfect for a home office, library, or additional living space. The primary suite awaits, offering a tranquil oasis with walk-in closets and cathedral ceilings. The ensuite bathroom features double vanities, a relaxing garden tub, and a separate shower, providing luxury and comfort. Convenience is key with a spacious 2-car attached garage on the lower level, ensuring ample storage and parking space. The community amenities include a pristine in-ground pool, surrounded by beautiful grounds and nature, providing a serene backdrop for relaxation and recreation. The location is unbeatable, with easy access to the Monon Trail and White River. Plus, you're just moments away from all that Broad Ripple has to offer, including trendy shops, restaurants, and vibrant nightlife. This beautiful townhome is move in ready with brand new carpet, freshly painted walls and trim. Schedule your showing today and make The Reserve at Broad Ripple your new home sweet home!
Property Details
Property Features
Property Information:
Architectural Style: TraditonalAmerican
Year Built: 2004
Living Area: 1,946 SqFt
Listing Office:
Office Name: Circle Real Estate
Office Email: jay.oneil@circle-re.com
Listing Agent: Jay O'Neil
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener
This property is $98.4K more than the Median Sold Price and $38/SqFt more than other homes in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21977159
Listing Office:
Office Name: Circle Real Estate
Office Email: jay.oneil@circle-re.com
Listing Agent: Jay O'Neil
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/28/2024, 11:46:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,103
$263,100
2019
$6,131
$258,500
2018
$4,996
$255,400
2017
$4,719
$233,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,047
Per Month
Principal & Interest
$1,690
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$290
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,081
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Eliza A Blaker School 55
1349 E 54th St
Distance between this listing and this school1.82 miles
Public District Grades PK-6
4
/10
Theodore Potter School 74
1601 E 10th St
Distance between this listing and this school6.63 miles
Public District Grades KG-6
4
/10
Ernie Pyle School 90
3351 W 18th St
Distance between this listing and this school7.18 miles
Public District Grades PK-6
Middle School
9
/10
Merle Sidener Gifted Academy
2424 Kessler Boulevard East Dr
Distance between this listing and this school1.38 miles
Public District Grades 2-8
8
/10
Center For Inquiry II
440 E 57th St
Distance between this listing and this school1.42 miles
Public District Grades KG-8
5
/10
Rousseau Mc Clellan 91
5111 Evanston Ave
Distance between this listing and this school2.25 miles
Public Magnet Grades KG-8
Assigned Schools
3
/10
Eliza A Blaker School 55
1349 E 54th St
Distance between this listing and this school1.82 miles
Public District Grades PK-6
4
/10
Theodore Potter School 74
1601 E 10th St
Distance between this listing and this school6.63 miles
Public District Grades KG-6
4
/10
Ernie Pyle School 90
3351 W 18th St
Distance between this listing and this school7.18 miles
Public District Grades PK-6
Assigned Schools
9
/10
Merle Sidener Gifted Academy
2424 Kessler Boulevard East Dr
Distance between this listing and this school1.38 miles
Public District Grades 2-8
8
/10
Center For Inquiry II
440 E 57th St
Distance between this listing and this school1.42 miles
Public District Grades KG-8
5
/10
Rousseau Mc Clellan 91
5111 Evanston Ave
Distance between this listing and this school2.25 miles
Public Magnet Grades KG-8
Nearby Schools
2
/10
Broad Ripple Mgnt High School For Prfm Arts
1115 Broad Ripple Ave
Distance between this listing and this school0.53 miles
Public Magnet Grades 9-12
6
/10
Nexus Academy of Indianapolis
6101 N Keystone Ave
Distance between this listing and this school1.34 miles
Public Charter Grades 9-12
4
/10
In Math & Science Academy North
7435 N Keystone Ave
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $68,464. Most Indianapolis, IN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1121 Reserve Way
What is the listing price of this property?
The listing price of 1121 Reserve Way property is $338,500.
What type of property is this?
The property 1121 Reserve Way is a townhouse located in Indianapolis, Indiana, 46220.
Is this property for sale now?
Active Listing: 1121 Reserve Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1121 Reserve Way are: Eliza A Blaker School 55: GreatSchools Rating 3/10Theodore Potter School 74: GreatSchools Rating 4/10Ernie Pyle School 90: GreatSchools Rating 4/10Merle Sidener Gifted Academy: GreatSchools Rating 9/10Center For Inquiry II: GreatSchools Rating 8/10Rousseau Mc Clellan 91: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,103 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1121 Reserve Way has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1121 Reserve Way is 1,946 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1121 Reserve Way is 2004.
This home is located at 1121 Reserve Way in Indianapolis, IN and zip code 46220 in the Broad Ripple neighborhood. This 1,946 square foot home, which was built in 2004, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $338,500.
In April 2024, from all listings sold in Indianapolis, IN there were more than 316 sold above asking price, over 493 sold below and more than 280 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between March 2024 and April 2024 increased by 0.3%. While the average time on the market in April 2024 was 32 days, the median list price was $240,065.
From Rocket Homes Real Estate and based on county public records data.