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Listing provided courtesy of REAL ESTATE NETWORK L.L.CBart HickmanMLS# 202618374MLS ProviderContact Information: Cell: 574-870-4269
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One of the nicest locations on Main Lake Freeman! This lake-level property is situated on a quiet no outlet street and offers an excellent opportunity to enjoy lake living while being surrounded by neighboring homes of significantly higher value. This low-maintenance one-story home/cottage features 50 feet of prime main lake frontage with beautiful views and includes 2 bedrooms, 1 bathroom, and 1,114 square feet of living space. An added bonus is the extra lot across the street featuring a spacious 24x36 detached 2.5-car garage complete with a man cave/workshop area on the back side—perfect for storage, hobbies, or entertaining. Exterior features include low-maintenance vinyl siding, newer roof, newer breaker box, concrete seawall, covered boat lift, boathouse for storage, and an open lakeside deck overlooking the water. Inside, the home offers an open-concept layout with two spacious bedrooms and a sunroom to enjoy the lake views year-round. A rare chance to own in a premier Lake Freeman location with excellent long-term value potential!

Source: Indiana Regional MLS, MLS#: 202618374

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  • Property Type
    Residential
  • Lot
    0.22 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 808 Terrace Bay Court

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: Indiana Regional MLS Status Change
Cont-AccptngBackupOffers
6/15/2026Source: Indiana Regional MLS Status Change
Cont-First Right
6/14/2026Source: Indiana Regional MLS Price Reduction
$379,900 -2.6%
5/29/2026Source: Indiana Regional MLS Price Reduction
$389,900 -2.5%
5/15/2026Source: Indiana Regional MLS Added to Database
May 15, 2026