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
Active
Price cut: $24.9K (4/12)
$325,000
601 Terrace Lake Dr, Columbus, IN 47201
3beds
1,728sqft
Est.:
Residential, Single Family Residence
Built in 1963
0.38 Acres Lot
$318,800 Zestimate®
$188/sqft
$54/mo HOA
What's special
Terrace lakeEasy lake accessConvenient half bathSpacious primary suiteAdditional bedroomsBreathtaking lake viewsInviting open layout
- 24 days
- on Zillow |
- 3,200 |
- 168 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Jen Richardson jenrichardsonrealtor@gmail.com,
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22030356

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Hardwood
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 2
- Features: Carpet
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Features: Carpet
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Features: Laminate Hardwood
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9x13
Family room
- Features: Carpet
- Level: Basement
- Area: 160 Square Feet
- Dimensions: 10x16
Kitchen
- Features: Laminate Hardwood
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Living room
- Features: Laminate Hardwood
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Heating
- Heat Pump
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Electric Oven, Range Hood, Refrigerator
Features
- Walk-In Closet(s), Ceiling Fan(s), Pantry
- Basement: Walk-Out Access
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area below ground: 864
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Breeze Way, Deck, Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Water Access, Water View
Lot
- Size: 0.38 Acres
- Features: Mature Trees
Details
- Parcel number: 039527320002201005
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood
- Foundation: Block
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Terrace Lake
HOA
- Has HOA: Yes
- Services included: Association Home Owners
- HOA fee: $650 annually
- HOA phone: 812-376-9433
Location
- Region: Columbus
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $219,100
- Annual tax amount: $2,422
- Date on market: 4/2/2025
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