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1025 Reserve Way

Indianapolis, IN 46220

2 bd 1 ba 1,231 sqft Built 2005 Lot 2,178 sqft condos
Most recent sale
$242,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2024 Sold $265,000 MIBOR
Apr 26, 2024 Listed $265,000 MIBOR
Apr 27, 2022 Sold $242,000 Public Record
Apr 21, 2022 Sold $242,000 MIBOR
Feb 23, 2022 Listed $242,000 MLS #21839044
Aug 30, 2021 Sold $234,900 MIBOR
May 28, 2020 Sold $208,000 Public Record
May 20, 2020 Sold $208,000 MIBOR
Apr 9, 2020 Listed $210,000 MLS #21703507
Jun 19, 2015 Sold $179,900 Public Record
May 31, 2015 Listing removed $179,900 MIBOR
Jan 7, 2015 Price changed $179,900 MLS #21316712
Nov 5, 2014 Price changed $182,500 MLS #21316712
Sep 29, 2014 Listed $185,000 MLS #21316712
Aug 6, 2012 Sold $175,000 Public Record
Jul 8, 2005 Sold $275,842 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,000 $26,500 $237,500 $2,613
2024 $193,900 $26,700 $220,600 $2,659
2023 $204,600 $26,800 $231,400 $5,539
2022 $161,800 $26,500 $188,300 $2,570
2021 $161,800 $26,500 $188,300 $2,209
2020 $159,900 $26,400 $186,300 $2,192
2019 $156,700 $26,500 $183,200 $4,373
2018 $169,100 $26,500 $195,600 $4,707
2017 $153,400 $26,400 $179,800 $3,864
2016 $148,000 $26,300 $174,300 $3,667
2015 $145,800 $26,400 $172,200 $1,883
2014 $145,900 $26,900 $172,800 $1,857
2013 $154,000 $27,100 $181,100 $1,877
2012 $143,900 $27,500 $171,400 $1,898
2011 $150,100 $28,700 $178,800 $1,851
2010 $150,100 $28,700 $178,800 $2,123
2008 $153,000 $28,700 $181,700 $2,051
2006 $166,200 $24,900 $191,100 $726

Property facts

Year built
2005
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
1,231 sqft
Lot size
2,178 sqft
ZIP code
46220
City
Indianapolis
Street
Reserve Way
Coordinates
39.87674, -86.14147

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,847
Gross rental yield
9.16%
Implied cap rate
5.95%
Trend-extrapolated value

Frequently asked questions

When did 1025 Reserve Way last sell?
1025 Reserve Way most recently sold on Apr 27, 2022 for $242,000.
What is the current tax assessment for 1025 Reserve Way?
The most recent total assessment for 1025 Reserve Way (year 2025) is $237,500 with $2,613 in property tax.
How does 1025 Reserve Way's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $242,000.
When was 1025 Reserve Way built?
1025 Reserve Way was built in 2005.
How does 1025 Reserve Way compare to others on Reserve Way?
We track 8 other properties on Reserve Way. Browse the list under "Other properties on Reserve Way" to compare beds, baths, and sale history.
What are the property facts for 1025 Reserve Way?
1025 Reserve Way is a 2 bed, 1 bath, 1,231 sqft, 2,178 sqft lot condos.
Is 1025 Reserve Way a flip candidate?
No — 1025 Reserve Way does not appear in our flips dataset.
Is 1025 Reserve Way a tax-appeal candidate?
No — 1025 Reserve Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$345.1K
2026 Q4
$335.8K
ZIP 46220 — Median Price History + Forecast

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