9731 Decatur Dr

Indianapolis, IN 46256

$1,550,000
Price
5
Beds
6,121 Sq. Ft.
$253 / Sq. Ft.
6,121
Sq. Ft.
$253
per Sq. Ft.
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Description

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...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!
  1. Listed by Scott Chain • RE/MAX Advanced Realty
    P: (317)-298-0961 C: (317)-777-1428 scottchain@indyhomepros.com

Property Details for 9731 Decatur Drive

Architectural Style
French Provincial, Ranch
Subdivision Name
Masthead
Township
Fall Creek
Waterfront Features
Lake Front, Water View, On Reservoir
Waterfront
Yes
LISTING UPDATED: 06/22/2026 11:19 AM

Property Details for 9731 Decatur Drive

StatusActive
MLS #22109056
Days on Market7
Taxes$6,818 semi-annually
HOA Fees$525 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1994
Lot Size0.60 AC / 26,136 SF
CountyHamilton County
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Location

Listing Courtesy of RE/MAX Advanced Realty
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Building Information for 9731 Decatur Drive

Stories-Year Built1994Building Size-Lot Size0.60 AC / 26,136 SF

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$8,904 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,724

Property Taxes

$1,136

HOA Dues

$44

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Property Information for 9731 Decatur Drive

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Hamilton
  • Directions: GPS Friendly
  • Postal Code: 46256
  • Postal Code Plus4: 9656
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Association Home Owners, Insurance, Maintenance, Security, Snow Removal
  • Association Fee: $525
  • Parcel Number: 291509302004000020
  • Semi Annual Property Tax Amt: 6818
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: 260
  • Association Phone: 317-875-5600
  • Tax Block: S
School Information
  • Elementary School: Geist Elementary School
  • High School: Hamilton Southeastern HS
  • Middle Or Junior School: Fall Creek Junior High
  • School District: Hamilton Southeastern Schools
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Keyless Entry
  • Garage Spaces: 3.0
  • Garage SqFt: 852
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Lot Description: Cul-De-Sac
  • Lot Size Square Feet: 26136.0
  • Lot Size Acres: 0.6
  • Main Level SqFt: 3484
  • New Construction: False
  • Living SqFt: 629.0
  • Sqft Total: 4113.0
  • Sq Ft Total: 6121.0
  • Year Built Numeric: 1994
  • Below Grade Finished Area: 2008.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Acreage .60, Section 9, Township 17, Range 5, Masthead, Section 8, Lot 260, Interest: 1/6th Block S
  • Ownership Type: Mandatory Fee
  • Photos Count: 71
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Sprinkler System, Gas Grill
  • Foundation Details: Concrete Perimeter
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Microwave, Double Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater, Humidifier, Water Softener Owned
  • Areas Interior: Living Room Formal
  • Basement Description: Ceiling - 9+ feet, Daylight, Egress Window(s), Exterior Entry, Finished, Walk-Out Access
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Breakfast Room, Dining Combo/Great Room
  • Fireplace Features: Two Sided, Family Room, Great Room, Other
  • Fireplaces Total: 2
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Interior Features: Attic Access, Built-in Features, Walk-In Closet(s), Hardwood Floors, Wet Bar, Breakfast Bar, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Kitchen Island, Pantry
  • Levels: One and One Half
  • Additional Equipment: Intercom, Security System, Smoke Alarm, Home Theater
  • Room List: Library, Great Room, Play Room, Sun Room, Bedroom 3, Bedroom 2, Dining Room, Family Room, Bedroom 4, Living Room, Kitchen, Primary Bedroom, Home Theatre, Bedroom 5
  • Room and Features: Library-Main, Great Room-Main, Play Room-Basement, Sun Room-Main-Tile-Ceramic, Bedroom 3-Basement, Bedroom 2-Basement, Dining Room-Main, Family Room-Basement, Bedroom 4-Basement, Living Room-Main, Kitchen-Main, Primary Bedroom-Main, Home Theatre-Upper, Bedroom 5-Upper
  • Main Level Bedrooms: 1
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 3
  • Rooms Basement: 6
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 14
Room 1
  • Room Level: Main
  • Room Dimensions: 11x13
  • Room Type: Library
Room 2
  • Room Level: Main
  • Room Dimensions: 19x14
  • Room Type: Great Room
Room 3
  • Room Level: Basement
  • Room Dimensions: 15x17
  • Room Type: Play Room
Room 4
  • Room Level: Main
  • Room Dimensions: 22x16
  • Room Features: Tile-Ceramic
  • Room Type: Sun Room
Room 5
  • Room Level: Basement
  • Room Dimensions: 16x14
  • Room Type: Bedroom 3
Room 6
  • Room Level: Basement
  • Room Dimensions: 14x15
  • Room Type: Bedroom 2
Room 7
  • Room Level: Main
  • Room Dimensions: 12x13
  • Room Type: Dining Room
Room 8
  • Room Level: Basement
  • Room Dimensions: 34x23
  • Room Type: Family Room
Room 9
  • Room Level: Basement
  • Room Dimensions: 14x15
  • Room Type: Bedroom 4
Room 10
  • Room Level: Main
  • Room Dimensions: 16x22
  • Room Type: Living Room
Room 11
  • Room Level: Main
  • Room Dimensions: 14x16
  • Room Type: Kitchen
Room 12
  • Room Level: Main
  • Room Dimensions: 20x23
  • Room Type: Primary Bedroom
Room 13
  • Room Level: Upper
  • Room Dimensions: 27x19
  • Room Type: Home Theatre
Room 14
  • Room Level: Upper
  • Room Dimensions: 27x19
  • Room Type: Bedroom 5
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Total Count: 5
  • Full Baths Basement: 2
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 2
  • Half Baths MU: 2
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 5

Property History for 9731 Decatur Drive

DateEvent & SourcePriceAppreciation
Jun 19, 2026

Listed (Active)

MIBORMLS #22109056

$1,550,000—
Dec 8, 2021

Sold (Public Record)

Public Record #1504802101

$1,100,000—
Dec 6, 2021

Sold

MIBORMLS #21758594

$1,100,000—
DateEvent & SourcePrice
06/19/2026

Listed (Active)

MIBORMLS #22109056

$1,550,000
12/08/2021

Sold (Public Record)

Public Record #1504802101

$1,100,000
12/06/2021

Sold

MIBORMLS #21758594

$1,100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 9731 Decatur Drive

Taxable ValueLand$167,100Additions$1,249,100Total$1,416,200
Tax Record2024$17,133 ($1,428 / month)
Home Facts
Beds4Baths4Total Finished SqFt8,021 SqFtAbove Grade Finished SqFt6,121 SqFtFinished Basement SqFt1,900 SqFtStories1Lot Size26,136 SqFtStyleSingle Family ResidenceYear Built1994CountyHAMILTONAPN29-15-09-302-004.000-020Fireplace TypeHas Fireplace

Schools near 9731 Decatur Drive

This home is within Hamilton Southeastern Schools.
Rating
School
Type
Grades
Distance
Geist Elementary School
Public - PK to 4
Fall Creek Intermediate School
Public - 5 to 6
Fall Creek Junior High
Public - 7 to 8
Hamilton Southeastern High School
Public - 9 to 12
Rating
School
Distance
Geist Elementary School
PublicPK to 4

Fall Creek Intermediate School
Public5 to 6

Fall Creek Junior High
Public7 to 8

Hamilton Southeastern High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 9731 Decatur Drive, Indianapolis, IN 46256

9731 Decatur Drive is a single family home for sale in Indianapolis, IN 46256. This property was listed for sale on June 19, 2026 by RE/MAX Advanced Realty, it's currently listed at $1,550,000. It has been on the market for a total of 7 days and was last sold on December 8, 2021. This listing's school district is Hamilton Southeastern Schools. Nearby schools include Geist Elementary School, Fall Creek Intermediate School and Fall Creek Junior High. 9731 Decatur Drive is a 5-bed, 5-bath, 6,121 sqft single family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 06/22/2026 11:19 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.