8537 Helmsman CIR Indianapolis, IN 46256 Open Sat 1PM-3PM

UPDATED: 08/13/2026 10:13 PM ON MARKET: 1 days on market

$725,000

4 Beds4 Baths3,374 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,374 sqft

Price per Sqft $214

Subdivision Masthead

MLS Listing ID 22115767

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Fees $525/ann

HOA Y/N Yes

Year Built 1983

Tax Year 2025

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Single Family Residence

Location

State IN

County Marion

Rooms

Basement Daylight,Partially Finished,Walk-Out Access

Main Level Bedrooms 2

Interior

Interior Features Bath Sinks Double Main,Built-in Features,Eat-in Kitchen,Pantry

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Basement,Gas Log,Living Room

Fireplace Y

Appliance Dishwasher,Dryer,MicroHood,Electric Oven,Refrigerator,Washer,Water Heater,Water Softener Owned

Exterior

Garage Spaces 3.0

View Y/N true

Water Access Desc Public

View Trees/Woods,Water

Building

Story One

Foundation Concrete Perimeter

Water Public

Architectural Style Ranch,Traditional

Structure Type Wood With Stone

New Construction false

Schools

Elementary Schools Amy Beverland Elementary

Middle Schools Fall Creek Valley Middle School

High Schools Lawrence North High School

School District Msd Lawrence Township

Others

HOA Fee Include Association Home Owners,Entrance Common,Insurance,Maintenance

Ownership Mandatory Fee

Property Description

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 investor or someone who wants to call it home.

Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 08/14/2026. 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.