11941 Sand Dollar Circle, Indianapolis, IN 46256 · $1,550,000 · Sold

Here's 11941 Sand Dollar Circle in Indianapolis, IN 46256. This listing is closed, but I can still walk you through the details.

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Photo of 11941 Sand Dollar Circle, Indianapolis, IN

Sold — 11941 Sand Dollar Circle, Indianapolis, IN 462561 / 1

Quick read on the numbers:

$1,550,000$1,650,000

Sold

Beds

Baths

Sq ft

5,339

Built

1987

Acres

0.6

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 7.9% below list in 70 days
Private pool
Fireplace
Finished basement (1,290 sqft)
3-car garage

From the listing

Experience unparalleled luxury with this complete custom remodel by Executive Homes. It is located on the water in the much sought-out Geist district, with breathtaking lake views from every room. Designed as a Scandinavian Retreat, every detail of this south facing, naturally sunlit home has been meticulously crafted. The property is surrounded by lush lawns giving a park like feel. It features a double boat dock and boat lift, perfect for launching aquatic adventures, while the Gunite pool promises endless outdoor fun. Located in a no wake zone, this home offers serenity and safety while enjoying water sports. The completely remodeled gourmet kitchen is a chef's dream featuring quartz kitchen countertops, Sub Zero Refrigerator, built-in shelving, gas cooktop and double oven. With multiple gathering spaces throughout, this home is an entertainer's dream, effortlessly merging indoor and outdoor living. The elegant primary suite includes a private balcony, offering a serene personal escape. The finished walk-out basement provides versatile space for relaxation or recreation. The quartz counters and sleek glass railings emphasize the home's modern allure. An Italian porcelain tile wa…

A few highlights from the feature list:

Interior

Cathedral Ceiling(s)Vaulted Ceiling(s)WoodWorkStain/PaintedPaddle FanKitchen IslandWet Bar

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$1,373,800

Land Value

$437,100

Land$437,100

32% of total

Improvement Value

$936,700

Improvements$936,700

68% of total

Annual tax · 2023: $11,300
Exemption: Homestead

This home has sold:

Sold

$1,520,000

-$130,000 below list (-7.9%)

Closed: Jul 11, 2025
Listed at: $1,650,000
Sold: 10 months ago
Sold in: 70 days

Price history

Sold$1,520,000
Jul 11, 2025
Price reduced$1,665,000 → $1,550,000
May 7, 2025
Listedat $1,650,000
Mar 26, 2025

Masthead · activity

past 6 months

Sold: 7
Median price: $850,000
Median DOM: 94 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 96% above median for similar nearby sales.

$360K$850KMedian $775K

$1.5M

A few places to dig deeper:

Masthead Hamilton Southeastern Schools

MLS# 22028892