If you add your new row between the range I2:I4489 (instead of adding the new row AFTER that range), it will automatically grow to increase it.
I will sometimes place a blank row at the end of my data and insert above this blank row to ensure that happens, while always adding new rows at the bottom.
If that is not possible, please answer the following:
- In your example above, what cell are you placing that formula in?
- Is there any other data currently under I4489?