NOT LISTED FOR SALE

Estimated Value: $14,000 - $125,000

0.5 Acre
$139,000 Price per Acre
21,780 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $10,000

Est. 720% increase in value since last sale

Current estimated payment $473/month

52 Days on Market

Highlights

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

About This Lot

As of August 2023

Beautiful 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

KB REALTY TEAM LLC Brokerage Phone: 813-689-3115 License #3098904 Listed on: 04/17/2023

Last Buyer's Agent

Lee Rodriguez

SIGNATURE REALTY ASSOCIATES License #3547963

Property Details

Property Type

  • Land

Lot Details

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

HOA Fees

  • $30 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 19 / 53
  • Assessor Parcel Number 30-31-05-994000-005319

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

Recreation

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

Additional Features

  • Planned Social Activities
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21793
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: WINTER PARK
  • Escrow State: FL
  • Escrow Street Name: W. MORSE BLVD ST 100
  • RATIO Current Price By Calculate: 0.46
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Water Body Name: LAKE WALK-IN-WATER
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Fishing Pier,Skiing Allowed
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby, Water Available
  • Sewer: Septic Needed
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Activity Core/Center, Boat Ramp, Deed Restrictions, Fishing, Fitness Center, Gated, Golf Carts OK, Golf, Playground, Tennis Courts, Water Access, Waterfront
  • Association Fee: 362.3
  • Association Fee Frequency: Annually
  • Association Name: ALTHEA TORKILDSON
  • Phone: 863-692-1433
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: CONTACT COMMUNITY OFFICE FOR ALL PET RESTRICTIONS
  • Association Fee Requirement: Required
  • Association Email: ACCTINFO@ILEFL.COM
  • Association URL: INIDIANLAKEESTATES.NET

Fee Information

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-05-994000-005319
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 100x218
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 62.47
  • Tax Block: 53
  • Tax Book Number: 39-1
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Aug 12, 2023
Sold by
Donohue Margret
Bought by
Barbosa Adir
Seller's Agent
Karen Boyette
KB REALTY TEAM LLC
Buyer's Agent
Lee Rodriguez
SIGNATURE REALTY ASSOCIATES
List Price
$12,800
Sold Price
$10,000
Premium/Discount to List
-$2,800
-21.88%
Views
202
Current Estimated Value
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,000
Avg. Annual Appreciation
127.39%

Purchase Details

Closed on
Sep 20, 2012
Sold by
John & Ragnheidur S Mullarky Living Trus
Bought by
Donohue Margaret

Purchase Details

Closed on
Jan 24, 1997
Sold by
Mullarky Armand J and Mullarky Ragnheidur S
Bought by
Mullarky Armand J and Mullarky Ragnheidur S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barbosa Adir $10,000 Contemporary Title & Escrow
Donohue Margaret -- Attorney
Mullarky Armand J $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $10,000 -21.9% --
06/09/2023 06/09/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $12,800 -- --
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 $158 $13,200 -- --
2024 $91 $12,000 $12,000 --
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

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: T3440236

Stellar MLS

APN: 30-31-05-994000-005319