601 Terrace Lake Drive
Columbus, IN 47201
- 3 beds
- 3 baths
- 1,728 sqft
- ~1/2 acre lot
- $188 per sqft
- 1963 build
Nestled on Terrace Lake, this beautifully updated 3-bedroom, 2.5-bath home offers the perfect blend of comfort and outdoor enjoyment. Whether you're a nature enthusiast or someone who loves to relax by the water, this home has it all, with breathtaking lake views, fishing, and easy lake access right from your doorstep. The main level features an inviting open layout, with a spacious primary suite offering plenty of closet space and large bathroom. The kitchen is a cute & cozy chef's dream with everything at your fingertips, offering granite countertops, and is seamlessly connected to the dining area that opens up to a deck - the perfect spot to enjoy your morning coffee while watching the tranquil waters. The living room is ideal for both entertaining and relaxing, and the convenient half bath adds to the main floor's appeal. Newly installed (March 2025) laminate hardwood floors throughout the living areas enhance the space's warmth and elegance. The walk-out basement is bright and airy, with a large living room flooded with natural light through multiple windows. This level also features 2 additional bedrooms, a full bath, and a laundry room. Fresh NEW carpet (March 2025) throughout the basement creates a cozy and inviting atmosphere. Additional Features: The garage is equipped with a brand-new mini split system, ensuring year-round comfort. New roof installed by Royalty Roofing in 2021 w/a 10 yr warranty, providing peace of mind. Heating & Cooling has been updated to central AC & a heat pump in 2022, offering efficient climate control throughout the year. This is an All-Electric Home with natural gas available should the buyer choose to make the switch. Located in a fantastic neighborhood with sidewalks for a nice stroll, and the location on Terrace Lake offers unmatched tranquility and outdoor activities. This home is move-in ready with fresh interior paint and many thoughtful updates, making it the perfect choice for anyone seeking lakeside living
Last checked:
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Last updated Apr 13, 2025
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MLS# 22030356 —
The Building
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Year Built:1963
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New Construction:false
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Construction Materials:Wood
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Architectural Style:Contemporary
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Levels:Two
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Basement:true
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Basement:Walk Out
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Foundation Details:Block
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Patio And Porch Features:Breeze Way, Deck Main Level, Open Patio
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Accessibility Features:No
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Green Certification:No
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Building Area Total:1728
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Below Grade Finished Area:864
Interior
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Rooms:4
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Rooms Total:7
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Rooms Total:4
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Interior Features:Walk-in Closet(s), Paddle Fan, Pantry
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Kitchen Features:Kitchen Updated
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Other Equipment:Smoke Alarm
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Eating Area:Dining Combo/Living Room
Room Dimensions
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SqFt:864
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Main Level SqFt:864
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Living Area:1728
Location
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Directions:GPS Friendly
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Latitude:39.191034
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Longitude:-85.967762
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:039527320002201005
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Acres:1/4-1/2 Acre
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Lot Features:Mature Trees
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Lot Size Acres:0.38
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Lot Size SqFt:16,530 Sqft
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Price Per Acre:855263
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Additional Parcels:false
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View:Lake
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View:true
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Waterfront:true
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Waterfront Features:Lake Front, Water Access, Water View
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Horse Amenities:None
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Fence:No
Listing Agent
- Contact info:
- Agent phone:
- (812) 521-7361
- Office phone:
- (812) 522-5060
Taxes
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Tax Lot:15
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:1211
Beds
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Beds:1
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Bedrooms:1
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Bedrooms Total:3
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Main Level Bedrooms:1
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Primary Bedroom Description:Closet Walk in
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# of Bedrooms Basement:2
Baths
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Baths:3
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Full Baths:2
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Full Baths:1
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Half Baths:1
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Half Baths:1
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Full Baths Main:1
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Half Baths Main:1
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Full Baths Basement:1
Heating & Cooling
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Heating:Heat Pump
Utilities
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Utilities:Cable Connected, Gas Nearby
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Electric:200+ Amp Service
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator
Schools
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High School District:Bartholomew Con School Corp
The Community
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Subdivision Name:Terrace Lake
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Spa:false
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Pool Private:false
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Association Fee Frequency:Annually
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Association:true
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Association Fee:650
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Association Fee Includes:Association Home Owners
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Management Company Name:Terrace Lake HOA
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Asphalt, Detached, Garage Door Opener
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Garage:true
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Garage Spaces:2
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Garage SqFt:624
Monthly cost estimate

Asking price
$325,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,740
|
Taxes | $201 |
Insurance | $89 |
HOA fees | $54 |
Utilities | $159 See report |
Total | $2,243/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/12/25
Apr 12, 2025
|
Price Changed | MIBOR | $325,000 | -7.1% |
4/8/25
Apr 8, 2025
|
Price Changed | MIBOR | $349,900 | -2.8% |
4/2/25
Apr 2, 2025
|
Listed / Active | MIBOR | $359,900 | 56.5% (15.8% / YR) |