$14,000
SOLD NOV 14, 2024

502 Eldorado Dr Indian Lake Est, FL 33855

0.55 Acre
$25,455 Price per Acre
23,958 Sq Ft Lot

Recently Sold

7% Below List Price

5 Days on Market

Highlights

  • Waterfront Community
  • Fishing Pier
  • Gated Community
  • Golf Course Community
  • Fitness Center
  • Clubhouse

About This Lot

As of November 2024

Come build your forever home on this one-half acre corner lot that located in the lake community of Indian Lake Estates, a golfing, fishing and boating community in the center of Florida. 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. Historic Bok Tower, a National Landmark, is in nearby Lake Wales. The Westgate River Ranch Resort and Rodeo is just six miles away. An authentic Florida dude ranch and full-service resort offering guests the opportunity to experience "Old Florida." Encompassing 1,700 beautiful acres, Westgate River Ranch features horseback riding, wildlife airboat and swamp buggy rides, Saturday night championship rodeo, trap/skeet range, nature hikes, petting farm, marina, Adventure Park with zip line and rock climbing wall, Westgate Smokehouse Grill and River Ranch Saloon and much more. Cowboy-themed accommodations range from ranch-themed lodge guestrooms and deluxe lodge suites to spacious cottages, two-bedroom cabins, Glamping and Luxe Teepees. Come out and see how great life can be at Indian Lake Estates! Polk County's best kept secret.

Last Agent to Sell the Property

Karen Boyette

SIGNATURE REALTY ASSOCIATES Brokerage Phone: 813-689-3115 License #3098904 Listed on: 10/23/2024

Last Buyer's Agent

Monica Vega Stiskin

PREFERRED REAL ESTATE BROKERS License #3452041

PREFERRED REAL ESTATE BROKERS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $68

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 120x218
  • Property is zoned PUD

HOA Fees

  • $31 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 1 / 103
  • Assessor Parcel Number 30-31-06-994020-010301

Community Details

Overview

  • Deborah Donella Association, Phone Number (863) 692-1433
  • Indian Lake Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Planned Social Activities

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Fishing Pier
  • Water Skiing Allowed

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$68

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23945
  • Directions to Property: From the Walmart in Lake Wales, travel 16 miles east on Hwy 60. Turn right on to Deland Ave. Turn right on to Park Ave. Turn right on Ponce De Leon. Turn left on El Dorado. Lot is located on the north side of the street corner of El Dorado and Mineola after you cross over Mineola.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: INDIAN LAKE ESTATES
  • Escrow Postal Code: 33855
  • Escrow State: FL
  • Escrow Street Name: DELAND AVE. SUITE 7728
  • Escrow Street Number: 6501
  • List Office Head Office Key Nume: 1054925
  • RATIO Current Price By Calculate: 0.58
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Dock,Fishing,Lake,Marina,Water Access,Waterfront
  • Attribution Contact: 813-689-3115
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 502

Exterior Features

  • Water Body Name: LAKE WALK-IN-WATER
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras: Fishing Pier,Skiing Allowed
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 25455

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Community Features: Activity Core/Center, Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, Golf, Playground, Tennis Court(s), Waterfront Complex
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Golf Course, Pickleball Court(s), Playground, Tennis Court(s)
  • 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 THE COMMUNITY OFFICE FOR ALL PET RESTRICTIONS
  • Association Fee Requirement: Required
  • Association Email: ACCTINFO@ILEFL.COM
  • Association URL: 7510 RED GRANGE BLVD

Fee Information

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-06-994020-010301
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 120x218
  • Flood Zone Code: X
  • Lot Size Square Meters: 2225

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 64.36
  • Tax Block: 103
  • Tax Book Number: 39-14
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 14, 2024
Sold by
Dialek Llc
Bought by
Zambrano Marlon Sebastian Ar
Seller's Agent
Karen Boyette
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Monica Vega Stiskin
PREFERRED REAL ESTATE BROKERS
List Price
$15,000
Sold Price
$14,000
Premium/Discount to List
-$1,000
-6.67%
Views
1
Current Estimated Value
$175,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,434
Avg. Annual Appreciation
2456.67%

Purchase Details

Listed on
Jan 15, 2020
Closed on
May 27, 2020
Sold by
Aismadi Fadi
Bought by
Dialek Llc
Seller's Agent
Jackie Guelde
JACKIE GUELDE REALTY INC.
Buyer's Agent
Fadi Alsmadi
KELLER WILLIAMS REALTY AT THE LAKES
List Price
$3,000
Sold Price
$1,700
Premium/Discount to List
-$1,300
-43.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.27%

Purchase Details

Listed on
Jan 15, 2020
Closed on
May 7, 2020
Sold by
Winter Cynthia and Estate Of William J Cotter
Bought by
Alsmadi Fadi
Seller's Agent
Jackie Guelde
JACKIE GUELDE REALTY INC.
Buyer's Agent
Fadi Alsmadi
KELLER WILLIAMS REALTY AT THE LAKES
List Price
$3,000
Sold Price
$1,700
Premium/Discount to List
-$1,300
-43.33%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Librandi Sibyl
Bought by
Cotter William J

Purchase Details

Closed on
Apr 18, 2001
Sold by
Of Circuit Cour Clerk and Polk Cnty Clerk
Bought by
Polk County
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 Type Sale Price Title Company
Warranty Deed $14,000 Bell Land Title Llc
Warranty Deed $14,000 Bell Land Title Llc
Warranty Deed $24,000 Stewart Title
Warranty Deed $10,200 Stewart Title Company
Warranty Deed $2,000 Real Estate Title Services I
Warranty Deed $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $14,000 -6.7% --
10/28/2024 10/28/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $15,000 +782.4% --
05/07/2020 05/07/20 Sold $1,700 -43.3% --
02/16/2020 02/16/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $3,000 -- --
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 $68 $10,500 $10,500 --
2024 $64 $2,330 -- --
2023 $64 $2,118 $0 $0
2022 $44 $1,925 $0 $0
2021 $27 $1,750 $1,750 $0
2020 $27 $1,750 $1,750 $0
2018 $26 $1,750 $1,750 $0
2017 $41 $2,800 $0 $0
2016 $41 $2,800 $0 $0
2015 $42 $2,800 $0 $0
2014 $37 $2,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8313063

Stellar MLS

APN: 30-31-06-994020-010301