8537 Helmsman Circle
Indianapolis, IN 46256
4
Bed
4
Bath
3,374Sqft
0.90Acre(Lot)
Hard-to-find ranch with a walkout basement with nearly 40 feet of Geist water frontage, and a private pool, all situated on nearly an acre. This 4-bedroom, 3-full-bath home offers a highly desirable layout with water access, a screened-in porch, and tremendous potential to create something truly special. The home is ready for updating and renovation, but offers a solid foundation for buyers looking to customize a Geist property to their own vision. With its combination of lot size, water frontage, pool, walkout basement, and ranch-style living, opportunities like this are increasingly difficult to find. Priced competitively with the needed improvements in mind, this property presents an exceptional value-add opportunity and the chance to transform it into a remarkable Geist home for an inv
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 4 Full Baths: 3 Half Baths: 1Room Information
Rooms Total: 12 Has Basement: YesInterior Features
Bath Sinks Double Main, Built-in Features, Eat-in Kitchen, Pantry Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned Laundry Features: Laundry Room, Main Level -
Flooring Information
Construction Materials: Wood With Stone -
Heating & Cooling
Heating: Forced Air Cooling: Central Air Water front: 1 WaterSource: Public
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Building Information
Year Built: 1983 -
Pool Features
Private Pool: 1 In Ground
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Lot Information
Lot Description: Cul-De-Sac, Mature Trees Lot Square Feet: 39204 Lot Acres: 0.9Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Ranch, Traditional
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Listing Price Information
Original List Price:$725000
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Tax Information
Tax Lot: 49-01-20-106-005.000-400 Tax Legal Description: Masthead Sec 1 L 23 Tax Year: 2025 Parcel Number: 490120106005000400 Tax Exemption: Homestead Tax Exemption
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Parking Information
AttachedGarage Information
Has Garage: Yes Garage Space: 3 Garage SQFT: 903 Garage SQFT: Garage Door OpenerHomeowners Association Information
Included Fees: Association Home Owners, Entrance Common, Insurance, Maintenance HOA: $525.00 Annually
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School Information
Elementary School: Amy Beverland Elementary Junior High School: Fall Creek Valley Middle School Senior High School: Lawrence North High School -
Utility Information
Water Source: Public -
Location Information
Subdivision: Masthead City: Indianapolis Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12096 Sail Place Drive, Indianapolis, IN, 46256 | $779,900 | 4 | 4 | 4,797 | 4,797 SqFt |
| 11826 Sea Star Drive, Indianapolis, IN, 46256 | $749,999 | 5 | 5 | 4,294 | 4,294 SqFt |
| 9719 Decatur Drive, Indianapolis, IN, 46256 | $1,400,000 | 4 | 5 | 9,580 | 9,580 SqFt |
| 10915 Brigantine Drive, Indianapolis, IN, 46256 | $1,850,000 | 5 | 7 | 6,700 | 6,700 SqFt |
| 8811 Spinnaker Court, Indianapolis, IN, 46256 | $2,495,000 | 5 | 10 | 7,634 | 7,634 SqFt |
| 10526 Stormhaven Way, Indianapolis, IN, 46256 | $440,000 | 3 | 2 | 2,962 | 2,962 SqFt |
| 10424 Snapper Court, Indianapolis, IN, 46256 | $415,000 | 4 | 3 | 2,297 | 2,297 SqFt |
| 10325 Blue Fin Drive, Indianapolis, IN, 46256 | $399,000 | 4 | 3 | 2,512 | 2,512 SqFt |
| 8815 Fathom Crest, Indianapolis, IN, 46256 | $445,000 | 4 | 3 | 2,727 | 2,727 SqFt |
| 10026 Northwind Drive, Indianapolis, IN, 46256 | $539,900 | 4 | 4 | 3,702 | 3,702 SqFt |
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ByOwner last updated this listing 08/20/2026 @ 18:20
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