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Sold
  • $1,450,000

    9731 Decatur Dr, Indianapolis, IN 46256

    5beds
    5,377sqft
    Residential, Single Family Residence
    Built in 1994
    0.6 Acres Lot
    $1,450,300 Zestimate®
    $270/sqft
    $4,764 Estimated rent

    Home value

    $1,450,300

    $1.38M - $1.52M

    $4,764/mo

    Zestimate® history
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    What's special

    Welcome home to this RARE opportunity on Geist Reservoir. Tucked away on a private cul-de-sac in the prestigious Masthead community, this extraordinary 4-bedroom, 5-bathroom lakefront home offers over 6,190 square feet of luxury living paired with one of the rarest amenities on Geist Reservoir, "a grandfathered-in" boat garage. No longer permitted to be built on the lake, this coveted feature makes this property truly irreplaceable. Designed to maximize breathtaking water views, the home welcomes you with soaring ceilings and dramatic floor-to-ceiling windows that frame the waters of Geist from nearly every angle. Whether you're enjoying your morning coffee in the sunroom, hosting friends in the expansive all-seasons room complete with a built-in indoor gas grill, or unwinding beside the fireplace, every space is designed to bring the outdoors in. The main level offers elegant living spaces, a luxurious primary suite, and seamless flow for both everyday living and entertaining. Upstairs, enjoy your own private movie theater, while the walkout lower level provides additional living and recreation space with direct access to the backyard oasis. Step outside and discover what truly sets this property apart. Spend summer evenings on the rooftop sun deck atop the boat garage, entertaining guests while taking in panoramic views of Geist Reservoir. Launch your boat with ease, relax in the hot tub after a day on the water, shoot hoops on the private half basketball court, or gather with friends across multiple outdoor entertaining spaces designed for unforgettable lakefront living. Complete with a 3-car garage, walkout basement, and endless amenities throughout, this is more than a home; it's a rare piece of Geist history that can never be recreated. Luxury. Lifestyle. Legacy. Welcome to Geist Reservoir living at its finest!

    Zillow last checked:

    Listing updated:

    Listed by:

    Allen Williams 317-339-2256,

    Berkshire Hathaway Home,

    Scott Chain 317-777-1428,

    Berkshire Hathaway Home

    Bought with:

    Noelle Barnes

    Real Broker, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22119023MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Bedroom 2
    • Level: Basement
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Bedroom 3
    • Level: Basement
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Bedroom 4
    • Level: Basement
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Bedroom 5
    • Level: Upper
    • Area: 513 Square Feet
    • Dimensions: 27x19
    Other
    • Level: Main
    • Area: 460 Square Feet
    • Dimensions: 20x23
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Family room
    • Level: Basement
    • Area: 782 Square Feet
    • Dimensions: 34x23
    Great room
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Other
    • Level: Upper
    • Area: 513 Square Feet
    • Dimensions: 27x19
    Kitchen
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 14x16
    Library
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Living room
    • Level: Main
    • Area: 352 Square Feet
    • Dimensions: 16x22
    Play room
    • Level: Basement
    • Area: 255 Square Feet
    • Dimensions: 15x17
    Sun room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 352 Square Feet
    • Dimensions: 22x16
    Heating
    • Forced Air, Heat Pump, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Microwave, Double Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater, Humidifier, Water Softener Owned
    • Laundry: Main Level
    Features
    • Attic Access, Built-in Features, Walk-In Closet(s), Wet Bar, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Kitchen Island, Pantry
    • Basement: Ceiling - 9+ feet,Daylight,Egress Window(s),Exterior Entry,Finished,Walk-Out Access
    • Attic: Access Only
    • Number of fireplaces: 2
    • Fireplace features: Double Sided, Family Room, Great Room, Other
    Interior area
    • Total structure area: 5,377
    • Total interior livable area: 5,377 sqft
    • Finished area below ground: 2,008

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Parking Other(Finished Garage, Keyless Entry)
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered, Deck, Glass Enclosed, Patio, Screened
    • Exterior features: Sprinkler System, Gas Grill
    • On waterfront: Yes
    • Waterfront features: Lake Front, Water View, On Reservoir
    Lot
    • Size: 0.6 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 291509302004000020
    • Other equipment: Intercom
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: French Provincial,Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Masthead
    HOA
    • Has HOA: Yes
    • Services included: Association Home Owners, Insurance, Maintenance, Security, Snow Removal
    • HOA fee: $525 annually
    • HOA phone: 317-875-5600
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $1,416,200
    • Annual tax amount: $16,296
    • Date on market: 8/7/2026
    • Cumulative days on market: 46 days

    Price history

    DateEventPrice
    8/26/2026Sold$1,450,000-6.5%$270/sqft
    Source: MIBOR as distributed by MLS GRID #22119023 Report a problem
    8/7/2026Pending sale$1,550,000+3.3%$288/sqft
    Source: MIBOR as distributed by MLS GRID #22119023 Report a problem
    8/7/2026Listing removed$1,500,000$279/sqft
    Source: MIBOR as distributed by MLS GRID #22109056 Report a problem
    8/2/2026Pending sale$1,500,000$279/sqft
    Source: MIBOR as distributed by MLS GRID #22109056 Report a problem
    7/15/2026Price change$1,500,000-3.2%$279/sqft
    Source: MIBOR as distributed by MLS GRID #22109056 Report a problem
    6/19/2026Listed for sale$1,550,000+40.9%$288/sqft
    Source: MIBOR as distributed by MLS GRID #22109056 Report a problem
    12/7/2021Listing removed--
    Source: RE/MAX International Report a problem
    12/6/2021Sold$1,100,000$205/sqft
    Source: MIBOR as distributed by MLS GRID #21758594 Report a problem
    1/9/2021Pending sale$1,100,000$205/sqft
    Source: RE/MAX Realty Services #21758594 Report a problem
    1/7/2021Listed for sale$1,100,000$205/sqft
    Source: RE/MAX Realty Services #21758594 Report a problem
    7/20/2020Listing removed$1,100,000$205/sqft
    Source: RE/MAX Realty Services #21708473 Report a problem
    2/1/2020Price change$1,100,000-8.1%$205/sqft
    Source: RE/MAX Realty Services #21692870 Report a problem
    10/11/2019Listed for sale$1,197,500+49.9%$223/sqft
    Source: RE/MAX Realty Services #21673712 Report a problem
    7/6/2011Listing removed$799,000$149/sqft
    Source: Visual Tour #21035108 Report a problem
    6/25/2011Listed for sale$799,000+22.9%$149/sqft
    Source: Visual Tour #21035108 Report a problem
    4/21/2011Sold$650,000+0%$121/sqft
    Source: MIBOR as distributed by MLS GRID #21102416 Report a problem
    3/8/2011Pending sale$649,900$121/sqft
    Source: BIRDVIEW Technologies. Inc. #21102416 Report a problem
    1/17/2011Price change$649,900-34.7%$121/sqft
    Source: CENTURY 21 Scheetz #21102416 Report a problem
    8/18/2010Price change$995,000-20.4%$185/sqft
    Source: Cox Estates Realty #270605 Report a problem
    7/7/2010Listed for sale$1,250,000-21.9%$232/sqft
    Source: Visual Tour #21035108 Report a problem
    7/10/2008Listing removed$1,600,000$298/sqft
    Source: Listhub #2801283 Report a problem
    1/18/2008Listed for sale$1,600,000$298/sqft
    Source: Visual Tour #2801283 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,068 +19.3%$1,416,200 -0.4%
    2024$14,304 +16.4%$1,421,900 +19.1%
    2023$12,290 +15.7%$1,193,500 +19.9%
    2022$10,619 +1%$995,300 +16.6%
    2021$10,516 -4.7%$853,900 +2%
    2020$11,030 +2.6%$836,900 -4.5%
    2019$10,750 -32.6%$876,300 +3.5%
    2018$15,959 +51.9%$846,800 +0.6%
    2017$10,509 +10.9%$841,800 -0.3%
    2016$9,475 +10.8%$844,100 +11%
    2014$8,552 +2.5%$760,700 +1.3%
    2013$8,347 +2%$750,900 +2.2%
    2012$8,182 +9.1%$734,800 +7.7%
    2011$7,497 -44.5%$682,100
    2010$13,508 +24.2%$682,100
    2009$10,879 +40.9%$682,100 -4.6%
    2007$7,720 -17.4%$714,900 -2.8%
    2006$9,351 $735,300 +28.8%
    2005-- $570,700
    Find assessor info on the county website

    Neighborhood: 46256

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Geist Elementary School
    • Middle: Fall Creek Junior High
    • High: Hamilton Southeastern HS

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,450,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,450,300