NOT LISTED FOR SALE

5 W Park Ave Lake Wales, FL 33853

Estimated Value: $1,204,908

0.5 Acre
$2,409,816 Price per Acre
21,780 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $15,000

Est. 7,933% increase in value since last sale

Current estimated payment $6,766/month

Highlights

  • Fishing Pier
  • Bartow Senior High School Rated A-
  • 0.5 Acre Lot

About This Lot

As of April 2024

Come build your forever home on this 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. 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

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 04/12/2024

Stellar Non-Member Office

Last Buyer's Agent

Karen Boyette

SIGNATURE REALTY ASSOCIATES License #3098904

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,650

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x218
  • Property is zoned PUD

HOA Fees

  • $31 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 22 / 55
  • Assessor Parcel Number 30-31-05-994000-005522

Community Details

Overview

Recreation

  • Fishing Pier
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$1,650

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21797
  • Directions to Property: From the Lake Wales Walmart travel 16 mile east on SR60. Turn right on Deland Ave. Turn right on Park Ave
  • Status: Sold
  • Ownership: Sole Proprietor
  • List Office Head Office Key Nume: 1051524
  • RATIO Current Price By Calculate: 0.69
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Water Body Name: LAKE WALK-IN-WATER
  • Waterfront: No
  • Water Access: Lake
  • Water Extras: Fishing Pier,Skiing Allowed
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 30000

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed

Condo/Co-op/Association

  • Association Fee: 375.71
  • Association Fee Frequency: Annually
  • Association Name: DEBORAH DONELLA
  • Phone: 863-692-1433
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: CONTACT COMMUNITY OFFICE FOR ALL PET RESTRICTIONS
  • Association Fee Requirement: Optional
  • Association Email: ACCTINFO@ILEFL.COM
  • Association URL: INDIANLAKEESTATESINC.COM

Fee Information

  • Total Annual Fees: 375.71
  • Total Monthly Fees: 31.31
  • Monthly HOA Amount: 31.31

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-05-994000-005522
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 100x218
  • Flood Zone Code: X
  • Lot Size Square Meters: 2025

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 90.85
  • Tax Block: 55
  • Tax Book Number: 39-1
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 1996
Sold by
Royal Walesbilt Inc
Bought by
Nyquist B A
Current Estimated Value
$1,204,908
Source: Public Records

Range of Values:

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Average Value
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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
Nyquist B A $308,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $15,000 0.0% --
04/12/2024 04/12/24 For Sale $15,000 -- --
03/26/2024 03/26/24 Pending -- -- --
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
2023 $1,650 $29,947 $29,729 $218
2022 $1,631 $29,932 $29,729 $203
2021 $1,659 $29,910 $29,729 $181
2020 $1,663 $29,906 $29,729 $177
2018 $1,688 $29,896 $29,729 $167
2017 $1,685 $29,884 $0 $0
2016 $1,674 $28,545 $0 $0
2015 $617 $28,527 $0 $0
2014 $624 $28,517 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J974495

Stellar MLS

APN: 27-30-02-907500-002012