Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Erica Amans · Cell: 260-740-8673

ActiveSite-Built Home

130 Terrace Drive

$329,000

$365.56 / sq ft

Est. $1,980/mo

Fremont, IN 46737Terrace Garden(s)

Original price $349,000 · Price reduced on September 7, 2026

  • On Clear Lake
  • 1-car garage
  • Basement
Bedrooms
1
Bathrooms
1
Living area
900 sq ft
Lot
0.09 ac
Year built
1928
Type
Site-Built Home
Listed
August 19, 2026
MLS #
202633964

About this home

Clear Lake association access, a year-round cottage in Terrace Gardens, and a setup that makes lake life easy without taking on direct-waterfront pricing. 130 Terrace Drive in Fremont gives you a practical way to have your own place at Clear Lake, whether you are looking for a weekend getaway, extra room near family already at the lake, or a second home with part-time vacation rental potential. Inside, the main level keeps things relaxed with an open kitchen and living area, warm wood ceilings, and an enclosed porch that adds more usable space than you might expect. Use it for morning coffee, late-night cards, or add a pull-out sofa and turn it into another sleeping quarter when friends and family stay over. Upstairs, there is a private bedroom plus a large additional sleeping area, giving the cottage flexibility beyond the bedroom count alone. Eight vinyl windows were added upstairs, along with Carrier mini-splits and additional attic insulation to improve comfort for year-round use. The owners have also made functional improvements where they matter, including washer and dryer plumbing and electrical, updated bathroom electrical for a light and exhaust fan, plumbing and electrical for the garbage disposal, and a gas line already installed if you prefer to swap the electric range for gas. A Culligan whole-home water softener system and Culligan reverse-osmosis drinking water system were added in 2021, bringing another level of everyday comfort and convenience to the cottage. Outside, the expanded stone driveway, added sidewalks, deck, firepit area, detached garage, and extra storage give you room for the things that come with summers at the lake. Offered turnkey, this is the kind of Clear Lake place where you can arrive, settle in, and start enjoying it. Less house to maintain, more lake to enjoy.

Monthly payment estimate

$1,980/mo

Principal & interest
$1,801
Property taxes
$83
Homeowners insurance
$96
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Total rooms
6
Total area
900 sq ft
Finished area above grade
900 sq ft
Bedrooms above grade
1
Full baths, upper level
1
Basement
Slab
Flooring
Laminate, Ceramic Tile
Heating
Forced Air
Cooling
Multiple Cooling Units
Appliances
Disposal
Laundry
Upper Level
Interior features
Countertops-Laminate, Range/Oven Hook Up Elec, Tub/Shower Combination, Washer Hook-Up

Exterior & parking

Style
Ranch
Construction
Stone, Vinyl Siding
Roof
Metal
Garage spaces
1
Attached garage
No
Garage type
Detached
Garage sq ft
160 sq ft
Parking
Gravel
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No
Body of water
Clear Lake
Waterfront features
Boat Docking Rights, Pier/Dock, Walk to Lake Access, Association Access
Water access
Easement/Other
Lake type
Ski Lake
Water feature
Lake

Lot

Subdivision
Terrace Garden(s)
Lot features
Corner Lot, Lake on Lot, Water View
Lot size (acres)
0.09 ac
Lot dimensions
40x96
Location type
Lake
County
Steuben County
Township
Clear Lake
Platted
Yes
Planned unit development
No
Directions
SR 120 to 850E, north to Outer Dr to home on the corner of Outer Dr and Terrace Dr.

Schools

Elementary school
Fremont
Middle school
Fremont
High school
Fremont
School district
Fremont Community

HOA & community

Community amenities
Sidewalks

Taxes & terms

Annual taxes
$993
Tax year
2025
Possession
neg.
Parcel number
76-01-29-120-518.000-002

Included in the sale

Included in sale
Microwave,Refrigerator,Washer,Dryer-Electric,Laundry-Stacked W/D,Range-Electric,Water Heater Electric,Water Softener-Owned

Utilities

Water
Well
Well
Private
Sewer
Public Sewer

Location

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