NOT LISTED FOR SALE

1004 Tropicana Dr Indian Lake Estates, FL 33855

Estimated Value: $18,000 - $197,000

0.5 Acre
$178,666 Price per Acre
21,780 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $8,500

Est. 400% increase in value since last sale

Current estimated payment $271/month

172 Days on Market

About This Lot

As of May 2023

One-half acre lot located in the lake community of Indian Lake Estates, a golfing, fishing and boating community in the center of Florida. If you want to enjoy Florida living at its best, this is where you want to invest! Indian Lake Estates is about 20 miles east of Lake Wales. The community surrounds the 7, 500 acre lake locally known as Lake Walk In Water, nationally known for its fishing and considered to be one of the best bass fishing lakes in all Florida. The lake has a beach, boat ramp, boat marina and the longest freshwater fishing pier in the State of Florida. The pavilion is located at the front of the pier and is complete with propane grills and covered picnic tables. The community amenities include an 18-hole golf course, basketball and tennis courts, 23, 000 sq.ft. clubhouse, cafe, post office, churches, library, fitness room and pro shop. If you love nature and the peace and quiet of the country you're in luck. Wildlife is plentiful! You will see deer, raccoon, turkey, turtles, cranes and various species of birds that call Indian Lake Estates their home. Visit nearby Bok Tower Gardens, Westgate River Ranch Resort & Rodeo and Lake Kissimmee State Park. Orlando and Disney is only about an hour's drive north and Tampa, Busch Gardens, and the Gulf's pristine beaches only a little over an hour west. Live the country life, experience the tranquility, but never be more than an hour away from it all.

Last Agent to Sell the Property

Karen Boyette

SIGNATURE REALTY ASSOCIATES License #3098904 Listed on: 10/21/2022

Last Buyer's Agent

Crystal Taylor

LIVE FLORIDA REALTY License #3567297

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $127

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 105x208
  • Dirt Road
  • North Facing Home
  • Property is zoned PUD

HOA Fees

  • $30 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 2 / 299
  • Assessor Parcel Number 29-31-13-994090-029902

Community Details

Overview

Recreation

  • Fishing Pier
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$127

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21841
  • Number Of Lots: 1
  • Directions to Property: From the Lake Wales Walmart travel 16 mile east on SR60. Turn right on Deland Ave. Turn right on Park Ave to Lakeview Drive turn left to Tropicana turn right - 2nd lot on right
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: WINTER PARK
  • Escrow Postal Code: 32789
  • Escrow State: FL
  • Escrow Street Name: W. MORSE BLVD ST 100
  • Escrow Street Number: 941
  • List Office Head Office Key Nume: 1054925
  • RATIO Current Price By Calculate: 0.39
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • AG Exemption YN: 0
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1004

Exterior Features

  • Direction Faces: North
  • Water Body Name: LAKE WALK IN WATER
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Access: Lake
  • Water Extras: Fishing Pier,Skiing Allowed
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 17000

Utilities

  • Utilities: Electrical Nearby, Water Nearby
  • Sewer: Septic Tank
  • Water Source: Well Required

Condo/Co-op/Association

  • Association Fee: 362.3
  • Association Fee Frequency: Annually
  • Association Name: Tasha Ellis
  • Phone: 863-692-1433
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: No farm animals or livestock. Check with office for restrictions.
  • Association Fee Requirement: Required
  • Association Email: acctinfo@ilefl.com
  • Association URL: Indianlakeestates.net

Fee Information

  • Total Annual Fees: 362.30
  • Total Monthly Fees: 30.19
  • Monthly HOA Amount: 30.19

Lot Info

  • Zoning: PUD
  • Parcel Number: 29-31-13-994090-029902
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 105x208
  • Flood Zone Code: X
  • Lot Size Square Meters: 2029

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 27.71
  • Tax Block: 299
  • Tax Book Number: 40-42
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Rway Investments Llc
Bought by
Wayne Anthony Robinson Revocable Trust and Robinson
Current Estimated Value
$42,500

Purchase Details

Listed on
Oct 21, 2022
Closed on
Apr 27, 2023
Sold by
Avanti Land Llc
Bought by
Rway Investments Llc
Seller's Agent
Karen Boyette
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Crystal Taylor
LIVE FLORIDA REALTY
List Price
$11,000
Sold Price
$8,500
Premium/Discount to List
-$2,500
-22.73%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.09%

Purchase Details

Closed on
Oct 2, 2020
Sold by
County Of Polk
Bought by
Schonacher David M

Purchase Details

Closed on
Feb 13, 2015
Sold by
County Of Polk
Bought by
Polk County

Purchase Details

Closed on
Nov 14, 1994
Sold by
I L E Prop Inc
Bought by
Gabriel Alfred
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
Wayne Anthony Robinson Revocable Trust $100 None Listed On Document
Wayne Anthony Robinson Revocable Trust $100 None Listed On Document
Rway Investments Llc $8,500 None Listed On Document
Schonacher David M $1,800 None Available
Polk County -- None Available
Gabriel Alfred $22,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $8,500 -4.5% --
04/12/2023 04/12/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $8,900 -19.1% --
10/21/2022 10/21/22 For Sale $11,000 -- --
Source: Stellar MLS

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
2025 $127 $10,560 -- --
2024 $102 $9,600 $9,600 --
2023 $102 $6,160 $0 $0
2022 $74 $5,600 $5,600 $0
2021 $28 $2,000 $2,000 $0
2020 $0 $2,970 $2,970 $0
2018 $0 $2,970 $2,970 $0
2017 $0 $2,970 $0 $0
2016 $0 $2,970 $0 $0
2015 $44 $2,904 $0 $0
2014 $44 $2,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3409073

Stellar MLS

APN: 29-31-13-994090-029902