$420,037 - $780,000
RENTED APR 11, 2025

690 Terrace Lake Rd Columbus, IN 47201

4 Beds
3.5 Baths
3,440 Sq Ft
$154 Price per Sq Ft

Last Sold October 29, 2015

Last sale price $258,000 $75 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,439/month

Highlights

  • Waterfront
  • Living Room with Fireplace
  • Ranch Style House
  • Southside Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2025

Special Offer*: Apply now and enjoy a $1,000 discount on your first month's rent! This beautiful 4-bedroom, 3.5-bathroom home in Terrace Lake neighborhood offers a spacious open floor plan with large rooms, perfect for relaxing or entertaining. Situated on a corner lot, the home features a stunning sunroom with breathtaking views of the lake, and tenants will enjoy direct access to the water. The master suite includes a private balcony overlooking the lake, while the back deck boasts a covered gazebo, ideal for outdoor living. Inside, two fireplaces add warmth and charm, and an attached garage provides convenient parking and storage. Pet-friendly with written approval, this home offers both comfort and flexibility. Tenants are responsible for all utilities. Don't miss this incredible opportunity to live in a serene, lakefront property-apply today! *Application must be approved and a lease must be executed for discount to apply

Last Agent to Rent the Property

Ashlee Morris

Nicodi Management Brokerage Email: ashlee.morris@nicodimanagement.com License #RB21002818 Listed on: 12/31/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.6 Acre Lot
  • Waterfront

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • Vaulted Ceiling
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Storage
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Additional Features

  • Gazebo
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Terrace Lake Subdivision

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 12/31/24
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • $50 Application Fee
  • Tax Lot 25A
  • Assessor Parcel Number 039527320003100005

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-12-31
  • Lease Amount: 2550
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 2550
  • Application Fee: 50
  • Leased Type: Leased
  • Lease Termin Months: 14

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1975
  • Building Area Total: 3440
  • Garage Y N: Yes
  • Lot Size Acres: 0.6
  • Subdivision Name: Terrace Lake
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: ashlee.morris@nicodimanagement.com
  • Attribution Contact: ashlee.morris@nicodimanagement.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 763
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Hi-Speed Internet Availbl, Eat-in Kitchen, Screens Complete, Supplemental Storage, Walk-in Closet(s)
  • Living Area: 3440
  • Main Level Bedrooms: 4
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2677
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 2550
  • Patio And Porch Features: Gazebo
  • View Y N: Yes
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 352

Utilities

  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 26136
  • Parcel Number: 039527320003100005
  • Acres: 1/2-1 Acre
  • Price Acre: 4250

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3882
  • Tax Lot: 25A
  • Semi Annual Property Tax Amt: 1941
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 29, 2015
Sold by
Grace Trust
Bought by
Pawar Gurudutta M
Seller's Agent
Brigette Nolting
RE/MAX Real Estate Prof
Buyer's Agent
Tracie Hawes
Dropped Members
List Price
$259,900
Sold Price
$258,000
Premium/Discount to List
-$1,900
-0.73%
Current Estimated Value
$528,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,259
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 16, 2002
Sold by
Luther Grace M
Bought by
Luther Grace M and Luther Life

Purchase Details

Closed on
Jun 28, 2002
Sold by
Livius Stroia and Livius Maureen C
Bought by
Luther Grace M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pawar Gurudutta M $258,000 Fidelity National Title
Luther Grace M -- --
Luther Grace M $192,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Rented $2,550 0.0% --
02/28/2025 02/28/25 Price Changed $2,550 -1.9% $1 / Sq Ft
01/09/2025 01/09/25 Price Changed $2,600 +4.0% $1 / Sq Ft
12/31/2024 12/31/24 For Rent $2,500 0.0% --
10/29/2015 10/29/15 Sold $258,000 -0.7% $96 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $259,900 -- $97 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,783 $346,100 $52,200 $293,900
2023 $3,882 $339,700 $52,200 $287,500
2022 $3,416 $297,900 $52,200 $245,700
2021 $3,481 $300,700 $52,200 $248,500
2020 $3,240 $280,800 $52,200 $228,600
2019 $2,962 $275,700 $52,200 $223,500
2018 $3,685 $272,700 $52,200 $220,500
2017 $3,011 $274,100 $52,200 $221,900
2016 $2,946 $267,400 $52,200 $215,200
2014 $5,879 $264,400 $40,000 $224,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016345

MIBOR Broker Listing Cooperative®

APN: 03-95-27-320-003.100-005