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  • $295,000

    601 Terrace Lake Dr, Columbus, IN 47201

    3beds
    1,728sqft
    Residential, Single Family Residence
    Built in 1963
    0.38 Acres Lot
    $285,800 Zestimate®
    $171/sqft
    $2,067 Estimated rent

    Home value

    $285,800

    $254,000 - $323,000

    $2,067/mo

    Zestimate® history
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    What's special

    Terrace lakeEasy lake accessWalk-out basementPrimary suiteAdditional bedroomsBreathtaking lake viewsInviting open layout
    Nestled on Terrace Lake, this 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 primary suite offering two closets and a 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 nice size 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. Possession at closing! Motivated seller!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jen Richardson 812-521-7361,

    Berkshire Hathaway Home

    Bought with:

    Scott Babb

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22030356MLS Logo

    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
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Bedroom 2
    • Level: Basement
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Bedroom 3
    • Level: Basement
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Dining room
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 9x13
    Family room
    • Level: Basement
    • Area: 160 Square Feet
    • Dimensions: 10x16
    Kitchen
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Living room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Heating
    • Heat Pump
    Cooling
    • Central Air
    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 Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Public

    Community & neighborhood

    Location
    • Region: Columbus
    • Subdivision: Terrace Lake

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $650 annually
    • Services included: Association Home Owners
    • Association phone: 812-376-9433

    Price history

    DateEventPrice
    7/23/2025Sold$295,000-4.5%$171/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    6/23/2025Pending sale$309,000$179/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    5/30/2025Price change$309,000-4.9%$179/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    4/12/2025Price change$325,000-7.1%$188/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    4/8/2025Price change$349,900-2.8%$202/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    4/2/2025Listed for sale$359,900+56.5%$208/sqft
    Source: MIBOR as distributed by MLS GRID #22030356 Report a problem
    9/8/2021Sold$230,000+4.5%$133/sqft
    Source: MIBOR as distributed by MLS GRID #21795852 Report a problem
    8/3/2021Pending sale$220,000$127/sqft
    Source: MIBOR as distributed by MLS GRID #21795852 Report a problem
    7/30/2021Listed for sale$220,000-13.9%$127/sqft
    Source: MIBOR as distributed by MLS GRID #21795852 Report a problem
    3/30/2021Listing removed--
    Source: MIBOR as distributed by MLS GRID #21760572 Report a problem
    3/2/2021Price change$255,500-1.5%$148/sqft
    Source: MIBOR as distributed by MLS GRID #21760572 Report a problem
    1/24/2021Price change$259,500-2.1%$150/sqft
    Source: MIBOR as distributed by MLS GRID #21760572 Report a problem
    1/15/2021Listed for sale$265,000+32.6%$153/sqft
    Source: MIBOR as distributed by MLS GRID #21760572 Report a problem
    3/11/2018Listing removed$1,500$1/sqft
    Source: Dean Wagner Realtors Report a problem
    2/8/2018Listed for rent$1,500$1/sqft
    Source: Dean Wagner Realtors Report a problem
    12/15/2016Listing removed$199,900$116/sqft
    Source: RE/MAX Real Estate Prof #21405045 Report a problem
    6/13/2016Price change$199,900-2.4%$116/sqft
    Source: RE/MAX Real Estate Prof #21405045 Report a problem
    3/18/2016Listed for sale$204,900+38.4%$119/sqft
    Source: RE/MAX Real Estate Professionals #21405045 Report a problem
    1/13/2012Sold$148,000-7.4%$86/sqft
    Source: Public Record Report a problem
    8/4/2011Price change$159,900-3%$93/sqft
    Source: Real Living Team Advantage Real Estate #21100779 Report a problem
    7/7/2011Price change$164,900-2.9%$95/sqft
    Source: Real Living Team Advantage Real Estate #21100779 Report a problem
    5/8/2011Price change$169,900-5.6%$98/sqft
    Source: Real Living #21100779 Report a problem
    9/7/2010Price change$179,900-10%$104/sqft
    Source: RE/MAX Real Estate Professionals #21001228 Report a problem
    7/17/2010Listed for sale$199,900$116/sqft
    Source: RE/MAX Real Estate Professionals #21001228 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,457 +1.4%$238,100 +8.7%
    2024$2,423 +8.4%$219,100 +1.8%
    2023$2,236 -1.1%$215,200 +8.6%
    2022$2,262 -38.3%$198,200 +0.2%
    2021$3,667 +8.8%$197,900 +23.1%
    2020$3,371 -18.4%$160,800 +1.7%
    2019$4,131 +18.3%$158,100 +0.1%
    2018$3,490 +105.9%$157,900 -1.5%
    2017$1,695 -2.4%$160,300 +2.3%
    2016$1,738 -3.4%$156,700 -4.1%
    2014$1,798 $163,400
    2013$1,798 +5%$163,400 +4.5%
    2012$1,712 -44.7%$156,300 +10.9%
    2011$3,096 -1%$140,900
    2010$3,129 +11%$140,900 +4.5%
    2009$2,818 +228.6%$134,800 +3.6%
    2007$858 $130,100 +7.8%
    2006-- $120,700 +5.5%
    2005-- $114,400

    Find assessor info on the county website

    Neighborhood: 47201

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