Tucked away on a quiet private six-home street, this exceptional three-level waterfront retreat offers a lifestyle that feels like a permanent getaway while still being just minutes from shopping, dining, entertainment, and everyday conveniences. Surrounded by scenic walking trails and peaceful water views, this beautifully updated home was designed for both relaxation and entertaining. The heart of the home, the stunning fully remodeled kitchen creates the perfect gathering space with beautiful finishes, expansive prep space, and seamless flow into the great room and dining areas. Natural light pours through the home, highlighting the refinished hardwood floors and creating a warm, inviting atmosphere ideal for everything from quiet mornings overlooking the water to hosting holidays and waterfront dinners with family and friends. The thoughtfully designed layout offers incredible flexibility across all three levels with multiple rooms that can easily serve as guest suites, fitness areas, media rooms, playrooms, or creative spaces. A private office provides the perfect work-from-home retreat, while the middle-level wet bar adds another layer of effortless entertaining and relaxed waterfront living. Finished lower level expands the home even further, creating the ultimate space for movie nights, game-day gatherings, overnight guests, or simply unwinding after a day on the water. Every level was designed to maximize comfort, functionality, and connection. Step outside to enjoy the upgraded deck overlooking the water, covered entertaining space below, relaxing hot tub, & private boat lift just steps away making sunset cruises and lake days part of everyday life. Thoughtfully updated throughout with extensive improvements including the 2024 kitchen remodel, finished lower level, roof, tankless water heater, smart home features, refinished hardwoods, updated lighting, & more, this home blends modern comfort with timeless waterfront living in one truly special setting
Pending
$1,800,000
9238 Treasure Point, Indianapolis, IN 46236
4beds
7,369sqft
Residential, Single Family Residence
Built in 1997
0.41 Acres Lot
$-- Zestimate®
$244/sqft
$46/mo HOA
What's special
Finished lower levelPeaceful water viewsCovered entertaining space belowPrivate officeThoughtfully designed layoutWarm inviting atmosphereRelaxing hot tub
- 48 days |
- 219 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Julie Preston 317-443-7429,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22099421
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 380 Square Feet
- Dimensions: 19x20
Bedroom 2
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 9x16
Bedroom 3
- Level: Basement
- Area: 128 Square Feet
- Dimensions: 8x16
Bedroom 4
- Level: Basement
- Area: 112 Square Feet
- Dimensions: 7x16
Bonus room
- Level: Basement
- Area: 400 Square Feet
- Dimensions: 25x16
Bonus room
- Level: Basement
- Area: 725 Square Feet
- Dimensions: 25x29
Dining room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Exercise room
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 12x16
Family room
- Level: Basement
- Area: 304 Square Feet
- Dimensions: 19x16
Foyer
- Features: Tile-Ceramic
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8x11
Great room
- Level: Main
- Area: 342 Square Feet
- Dimensions: 19x18
Other
- Level: Basement
- Area: 350 Square Feet
- Dimensions: 25x14
Kitchen
- Level: Main
- Area: 234 Square Feet
- Dimensions: 13x18
Laundry
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8x12
Library
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Play room
- Level: Basement
- Area: 1110 Square Feet
- Dimensions: 37x30
Sun room
- Level: Main
- Area: 675 Square Feet
- Dimensions: 27x25
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Humidifier, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor, Water Softener Owned
- Laundry: Sink
Features
- Attic Access, Double Vanity, Breakfast Bar, Ceiling Fan(s), Hardwood Floors, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Finished,Full,Storage Space
- Attic: Access Only
- Number of fireplaces: 3
- Fireplace features: Family Room, Insert, Great Room, Living Room
Interior area
- Total structure area: 7,369
- Total interior livable area: 7,369 sqft
- Finished area below ground: 1,931
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Multi/Split
- Patio & porch: Deck
- Exterior features: Sprinkler System
- Has spa: Yes
- Spa features: Above Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Dock, On Reservoir, Water View
Lot
- Size: 0.41 Acres
- Features: Mature Trees
Details
- Parcel number: 490115105046001400
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter, Crawl Space
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
- Subdivision: Admirals Bay
HOA
- Has HOA: Yes
- HOA fee: $550 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $1,014,700
- Annual tax amount: $10,876
- Date on market: 5/11/2026
- Cumulative days on market: 16 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Pending sale | $1,800,000$244/sqft |
Source:  MIBOR as distributed by MLS GRID #22099421 Report a problem | ||
| 5/11/2026 | Listed for sale | $1,800,000+132.3%$244/sqft |
Source: MIBOR as distributed by MLS GRID #22099421 Report a problem | ||
| 12/7/2020 | Sold | $775,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,876 +0.6% | $1,014,700 +3.7% |
| 2024 | $10,814 +22.2% | $978,400 |
| 2023 | $8,853 +4.9% | $978,400 +24% |
| 2022 | $8,436 +5.2% | $788,900 +6.4% |
| 2021 | $8,017 +13.4% | $741,300 +6.3% |
| 2020 | $7,073 | $697,100 -1.4% |
| 2019 | $7,073 -1.6% | $707,300 |
| 2018 | $7,187 -0.6% | $707,300 -1.1% |
| 2017 | $7,228 +2.2% | $715,500 +0.6% |
| 2016 | $7,075 +3.1% | $711,000 +3.6% |
| 2014 | $6,860 +2.7% | $686,000 +1.6% |
| 2013 | $6,682 | $675,400 +1.1% |
| 2012 | $6,682 | $668,200 -4.6% |
| 2011 | -- | $700,700 |
| 2010 | $7,007 0% | $700,700 |
| 2009 | $7,007 | $700,700 -3.6% |
| 2007 | -- | $726,900 -13% |
| 2006 | -- | $835,400 +35.9% |
| 2005 | -- | $614,600 |
| 2004 | -- | $614,600 |
| 2003 | -- | $614,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Geist
Nearby schools
GreatSchools rating
- 6/10Amy Beverland Elementary SchoolGrades: 1-6Distance: 1.8 mi
- 3/10Belzer Middle SchoolGrades: 7-8Distance: 7.1 mi
- 3/10Lawrence Central High SchoolGrades: 9-12Distance: 7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46236
- Geist
- 9238 Treasure Point
Nearby cities
Nearby neighborhoods
Nearby zip codes
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