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1046 Reserve Way

1046 Reserve Way, Indianapolis, IN 46220
Property in Broad Ripple
Sold Apr 26, 2021
$192,000
$153,630 by Huntington National Bank
Mortgage
Sold Sep 07, 2007
Transfer
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. In total, the area measurement of the land is 2,335 square feet.

Learn more about the property and building on this page. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. The property was last sold in Apr 21, 2021 for $192,000. 1046 Reserve Way was last assessed in 2023. The total value of the property was assessed at $252,500. Specifically, the land the property is located on was valued at $26,800. While improvements on the property were assessed at a total of $225,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,523. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,335
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: RESERVE AT BROAD RIPPLE HPR PHASE III
  • Land Acres: 0.054
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: RESERVE AT BROAD RIPPLE HORIZONTAL PROPERTYREGIME PHASE III BLDG 3 UNIT 1046& .676% INT IN COMMON AREA

Ownership

  • Current Owner : BROOKS GORDON JAMES
  • Current Owner 2: BROOKS ANGELA COLLETTE
  • Previous Owner : CHASE BRIAN E
  • Previous Owner 2: CHASE MICHELE E
  • Owner Before Previous Owner: WESTFIELD RESERVE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 320700

Geography

  • Assessors Map Reference: 2119-E2
  • District: 0008
  • Section: 360
  • Subdivision Phase Number: III
  • Parcel: 49-03-36-123-142.000-801
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8772
  • Longitude: -86.1407

    Address

  • Full Address: 1046 Reserve Way
  • Address - House Number: 1046
  • Address - Street Name: Reserve
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C045
  • 4-Digit Zip Code: 1883
  • Zip Code: 46220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,523
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 289,236
  • High Value: 351,692
  • Low Value: 226,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,630
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $153,630
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $252,500
  • Market Land Value: $26,800
  • Market Improvement Value: $225,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,500
  • Assessed Land Value: $26,800
  • Assessed Improvements Value: $225,700

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11835290353
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100054587
  • Previous Sale Recording Date: Sep 07, 2007
  • Previous Sale Contract Date: Feb 10, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $153,630
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Broad Ripple



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Frequently Asked Questions

What neighborhood is 1046 Reserve Way located in?
The 1046 Reserve Way is a located in the neighborhood of Broad Ripple in Broad Ripple, Indianapolis.
What is the average sales price for listings in 1046 Reserve Way?
The average sales price for units in 1046 Reserve Way is $0 currently.

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