$36,000
$2K PRICE DROP

506 Magnolia Dr Lake Wales, FL 33855

Estimated payment $229/month

Total Views 202,511
0.5 Acre
$72,000 Price per Acre
21,780 Sq Ft Lot

Highlights

  • Waterfront Community
  • Fishing Pier
  • Fitness Center
  • Golf Course Community
  • Boat Ramp
  • Gated Community

About This Lot

Indian Lake Estates is a hidden Florida gem!! Wonderful community with low HOA yearly fee. All lots are nicely sized. Build your dream home and enjoy the beautiful Lake Weohyakapka (Walk-in-Water--7,500+acre lake). 18-hole golf course, tennis courts, pickleball courts and a giant dock and fishing pier, pro shop and restaurant. This lot is one-half acre and ready for it's new owner.

Listing Agent

Brenda J. Quinn

QUINN & COMPANY REALTORS, LLC Brokerage Phone: 863-412-2287 License #431914 Listed on: 05/01/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $92

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x218
  • Property fronts a private road
  • South Facing Home
  • Property is zoned PUD

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 3 / 181
  • Assessor Parcel Number 30-31-07-994050-018103

Community Details

Overview

  • Association fees include private road, recreational facilities
  • Elizabeth Jewell, Lcam Association, Phone Number (863) 692-1433
  • Visit Association Website
  • Indian Lake Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing Pier
  • Access To Lake
  • Boat Ramp

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$92

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • HOA Fee Includes: Private Road, Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21797
  • Directions to Property: From W.Haven, take Cypress Gardens Blvd. towards Legoland. Turn right on Highway 27 S. Go 5.9 miles and take the left ramp onto State Road 60 West. Go approx. 18.8 miles. Turn right onto Deland Ave, then right onto Park Ave, then left onto Ponce de Leon Ave. Then right onto Magnolia Dr and go .3 miles and property will be on the right. There is a completed house directly across from the lot.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Winter Haven
  • Escrow Postal Code: 33880
  • Escrow State: FL
  • Escrow Street Name: Avenue K. SE
  • Escrow Street Number: 203
  • List Office Head Office Key Nume: 1037777
  • RATIO Current Price By Calculate: 1.65
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Amenities Additional Fees: Golf fees--buyer to contact association for current rules, regulations and costs.
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing,Lake,Private Boat Ramp,Water Access,Waterfront
  • Attribution Contact: 863-412-2287
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 506

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Private Road
  • Water Body Name: LAKE WEOHYAKAPKA
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private,Fishing Pier
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-09-28
  • Flood Zone Panel: 12105C0800G
  • Price Per Acre: 72000

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, Golf, Playground, Pool, Tennis Court(s), Waterfront Complex
  • Association Amenities: Golf Course, Pickleball Court(s), Tennis Court(s)
  • Association Fee: 345
  • Association Fee Frequency: Annually
  • Association Name: Elizabeth Jewell, LCAM
  • Phone: 863-692-1433
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: Buyer to confirm with association any and all pet restrictions.
  • Association Fee Requirement: Required
  • Association Email: busnmgr@ilefl.com
  • Association URL: www.indianlakeestatesinc.com

Fee Information

  • Total Annual Fees: 345.00
  • Total Monthly Fees: 28.75
  • Monthly HOA Amount: 28.75

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-07-994050-018103
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County
  • Lot Dimensions: 100x218
  • Flood Zone Code: X
  • Lot Size Square Meters: 2025
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 91
  • Tax Block: 181
  • Tax Book Number: 39-31
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $92 $3,661 -- --
2024 $91 $3,328 -- --
2023 $91 $3,025 $0 $0
2022 $62 $2,750 $0 $0
2021 $37 $2,500 $2,500 $0
2020 $37 $2,500 $2,500 $0
2018 $37 $2,500 $2,500 $0
2017 $58 $4,000 $0 $0
2016 $59 $3,993 $0 $0
2015 $58 $3,630 $0 $0
2014 $53 $3,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $36,000 -2.7% --
08/03/2024 08/03/24 Price Changed $36,999 -2.6% --
05/01/2024 05/01/24 For Sale $38,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- --
Source: Public Records

About the Listing Agent

Brenda J. Quinn

QUINN & COMPANY REALTORS, LLC

(863) 777-5218

Section Image

As the Broker/Owner of Quinn & Company Realtors, LLC, with over three decades of experience, I specialize in residential real estate. My commitment to professionalism ensures clients receive exceptional care and support throughout their real estate journey.

At Quinn & Company, client satisfaction is the focus. I prioritize personalized service tailored to each client's unique needs. Whether guiding first-time buyers or helping sellers maximize property value, I emphasize care and

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Source: Stellar MLS

MLS Number: P4930218

Stellar MLS

APN: 30-31-07-994050-018103