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1121 Reserve Way

Indianapolis, IN 46220

ActiveListed Jul 31, 2026 · 76 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,946 sqft
Lot
0.05 acres
Year built
2004
Type
Residential · Condominium
Stories
Two
Garage
2 spaces
MLS #
22117543
County
Marion
Subdivision
Reserve At Broad Ripple

About this home

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!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Softener Owned
Interior features
Breakfast BarCathedral Ceiling(s)High CeilingsEat-in KitchenPantryWalk-In Closet(s)
Other rooms and areas
Bedroom Other on MainGreat Room - 2 StoryLiving Room Formal
Fireplaces
1
Fireplace type
Gas LogLiving Room
Laundry
Main Level
Windows
Skylight(s)
Rooms
6
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Exterior features
Balcony
Construction
Brick
Foundation
Poured Concrete
Style
Traditional
Parking and garage
Attached
Pool
In Ground
Private pool
Yes
Other equipment
Security System OwnedSmoke Alarm

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedNatural Gas Connected

Lot and HOA

HOA fee
$300 / monthly
Lot features
SidewalksOn Trail
HOA fee includes
Association Home OwnersClubhouseSewerEntrance CommonInsuranceLawncareMaintenance GroundsNature AreaManagementSnow RemovalTrash
HOA amenities
ClubhousePool

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,860 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,401per month, estimated
Principal and interest $1,663Property tax $322Insurance $116HOA $300
20% · $66,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$330,000
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