417 (BLK 172 LOT 16) MAGNOLIA DRIVE
Indian Lake Estates, FL, 33855 $ 19,000
Baths0.0 Monthly Estimate*
$ 117
Studio for $19,000. The lot size is 0.5.
Each parcel in Indian Lake Estates has unique characteristics and deserves its own description. Put your 4WD in gear! This unfinished road makes coming home just a little more fun for everyone. The roads are paved to this home, except for the last 50 feet. This lot requires a septic tank, and the electric pole is two lots down from this parcel. You will have a choice of private well, community water, or both. The lot is centrally located five minutes from the clubhouse and seven minutes from the fishing pier. The roads are privately maintained, so take your golf cart to play a round of golf, meet friends at the clubhouse restaurant or to play a game of pool, or watch the sun set over the largest lake in Polk County, Lake Weohyakapka. Your future home would be located a mile from the public golf course and the community clubhouse, which offers tennis and pickleball courts, two playgrounds, a driving range, a putting green, a game room, and a restaurant open 7 days a week. Residents also have access to the fishing pier, the waterfront pavilion, the marina (fees apply), and the community boat access, just a few miles away in the most Western part of the community. An additional restaurant is available in the commercial area of the neighborhood, along with the storage facility. Take a drive out and experience the perfect blend of activity and privacy in Indian Lake Estates, a deed restricted community. Indian Lake Estates (ILE) is 17 miles from Lake Wales, and a little over an hour to Orlando, Vero Beach, and Tampa for airports, cruise ports, or attractions. As you begin to plan your future in Florida, consider living a serene and private life in this neighborhood of Indian Lake Estates. The active community offers concerts, karaoke and trivia nights, weekly card and domino games, bingo, movie nights, a book club, PLUS basketball, pickleball and tennis courts, just to name a few.
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FeaturesGeneralSewer Septic Needed
Utilities Electrical Nearby Water Available
Possession Close Of Escrow
Zoning PUD
HOA Fee 396.27
Association Fee Includes Private Road
Pets Allowed Yes
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Lake Waterfront
Community Features Community Boat Ramp Dock Fishing Lake Private Boat Ramp Water Access Waterfront Beach Area Deed Restrictions Gated Community - No Guard Golf Carts OK Playground Tennis Court(s)
Assoc Fee Paid Per Annually
County Polk
Property Type Land
Association Amenities Basketball Court Clubhouse Fitness Center Gated Golf Course Pickleball Court(s)
Subdivision Name INDIAN LAKE ESTATES
Status Active
Directions From Lake Wales drive East on Highway 60 for approximately 17 miles. Turn right on DeLand Avenue. There is a lighted community sign Indian Lake Estates. At the stop sign turn right on Park Avenue. Go through the gate (locked around 9:00PM) and stay on Park Avenue. Drive for a mile and turn left on Ponce de Leon and drive a few blocks to Magnolia Avenue. Turn right and the lot is on the left. Sign on property.
City INDIAN LAKE ESTATES
Association Name SHELBY WILSON
MLS Area 33855 - Indian Lake Estates/Lake Wales
Lot Size Units Square Feet
Lot Size Square Feet 21797
Listing Terms Cash
Tax Annual Amount 109.43
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 16
Legal Description INDIAN LAKE ESTS UNIT 5 SEC 7 31 30 PB 39 PG 31 BLK 172 LOT 16
Water Access Y/N false
Monthly HOA Amount 33.02
Water View Y/N false
Flood Zone Code X
DockY/N false
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ExteriorWater Source None
Lot Size Area 21797
Lot Dimensions 100 x 218
Lot Size Acres 0.5
Road Surface Type Gravel
Waterfront Y/N false
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* Excluded FeaturesList BySignature Realty AssociatesBroker
Laura@LetLauraHelp.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $117
- Monthly Property Taxes
- $9
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Indian Lake Estates, FL
Average List Price $29,864
Percent of Sale Price 57%
About Indian Lake Estates, FL 41 Population
10% Since 2002
$ 42,404 Median Income
66.03 Median Age
0% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/14/2026 | $19,000 | | Listed Price |