NOT LISTED FOR SALE

522 Bougainvillea Indian Lake Estates, FL 33855

Estimated Value: $14,000 - $99,000

0.5 Acre
$112,000 Price per Acre
21,780 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $10,200

Est. 449% increase in value since last sale

Current estimated payment $345/month

27 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fitness Center
  • Boat Ramp
  • Access To Lake
  • Fishing

About This Lot

As of March 2022

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

Karen Boyette

SIGNATURE REALTY ASSOCIATES License #3098904 Listed on: 01/14/2022

Last Buyer's Agent

Lalita Neil

WATSON REALTY CORP License #3463663

WATSON REALTY CORP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $120

Lot Details

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

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 11 / 101
  • Assessor Parcel Number 30-31-06-994020-010111

Community Details

Overview

  • Althea Torkildson 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

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Fishing
  • Access To Lake
  • Fishing Pier
  • Water Skiing Allowed

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$120

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21793
  • Directions to Property: From the Lake Wales Walmart, travel 16 miles east on SR60. Turn right on Deland. Turn right on Park. Turn right on Lake Haven. Turn right on Bougainvillea. Property is 2nd lot on the north side of street.
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.85007
  • Price per Sq Ft: 0.47
  • Close to Original List Price Ratio: 0.85007
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 522

Exterior Features

  • Water Body Name: Lake Walk In Water
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Access: Lake
  • Water Extras: Fishing Pier, Skiing Allowed
  • Water View Y N: No
  • Front Footage: 100
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Water Available
  • Sewer: Septic Needed
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Golf, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Boat Dock, Fitness Center, Gated, Golf Course, Marina, Security, Tennis Court(s)
  • Association Fee: 345.05
  • Association Fee Frequency: Annually
  • Association Name: Althea Torkildson
  • Phone: 863-692-1433
  • Association: Yes
  • Association Website: www.indianlakeestates.net
  • Association Email: acctinfo@ilefl.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 345.05
  • Monthly HOA Fee: 28.75
  • Total Monthly Fees: 28.75

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-06-994020-010111
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 100x218
  • Price Per Acre: 20400
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Please call community office for any and all pet restrictions

Tax Info

  • Tax Annual Amount: 26.69
  • Tax Block: 101
  • Tax Book Number: 39-14
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 1, 2022
Sold by
Roi Trust
Bought by
Loncke Kenneth C and Loncke Jennifer
Seller's Agent
Karen Boyette
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Lalita Neil
WATSON REALTY CORP
List Price
$11,999
Sold Price
$10,200
Premium/Discount to List
-$1,799
-14.99%
Current Estimated Value
$56,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,800
Avg. Annual Appreciation
67.45%

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 5, 2022
Sold by
Gisin George F
Bought by
Roi Trust
Seller's Agent
Karen Boyette
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Lalita Neil
WATSON REALTY CORP
List Price
$11,999
Sold Price
$10,200
Premium/Discount to List
-$1,799
-14.99%

Purchase Details

Closed on
Oct 19, 2007
Sold by
Malkin Matthew
Bought by
Gisin George F
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
Loncke Kenneth C $10,200 Real Estate Title
Roi Trust $5,000 New Title Company Name
Gisin George F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $10,200 -15.0% --
02/08/2022 02/08/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $11,999 -- --
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 $120 $9,900 -- --
2024 $113 $9,000 $9,000 --
2023 $113 $8,400 $8,400 $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 $2,795 $0 $0
2015 $40 $2,541 $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: T3349684

Stellar MLS

APN: 30-31-06-994020-010111