David Ramirez

INDIAN LAKE DRIVE, INDIAN LAKE ESTATES, FL, 33855

Active570 days on marketListed Jan 13, 2025MLS #O6270589

Priced 18% below the INDIAN LAKE ESTATES 33855 medianReduced $2KINDIAN LAKE ESTATES

About this home

INDIAN LAKE DRIVE

Build your forever home on this beautiful half-acre lot in the charming community of Indian Lake Estates, located in central Florida. This serene neighborhood is perfect for those who enjoy golfing, fishing, and boating. Situated about 20 miles east of Lake Wales, the community is centered around Lake Walk In Water, a 7,500-acre lake famous for its world-class bass fishing. The lake offers a beach, boat ramp, marina, and Florida's longest freshwater fishing pier. The pier’s pavilion is equipped with propane grills and picnic tables, making it a great spot for gatherings. Indian Lake Estates also features an 18-hole golf course, basketball and tennis courts, a 23,000-square-foot clubhouse, cafe, post office, library, fitness center, and pro shop. Wildlife is abundant here, with deer, raccoons, turkeys, turtles, cranes, and numerous bird species frequently spotted in the area. For those looking to explore beyond the community, Orlando and Disney are just an hour’s drive north, and Tampa, Busch Gardens, and the Gulf Coast beaches are a little over an hour to the west. Historic Bok Tower, a National Landmark, is located nearby in Lake Wales, and the Westgate River Ranch Resort, offering horseback riding, rodeos, airboat rides, and more, is just six miles away. Indian Lake Estates is the perfect place for nature lovers and those seeking a peaceful, country lifestyle with plenty of amenities and attractions nearby. Discover the hidden gem of Polk County—your future home awaits!

Facts & features

The home at a glance

0.5 ac

Lot size

Pets allowed

Inside

Outside & construction

Community & fees

HOA fee$32/mo
Taxes (2023)$160/yr
PetsYes
CommunityCommunity Boat Ramp · Fishing · Lake · Water Access · Activity Core/Center · Deed Restrictions · Fitness Center · Gated Community - No Guard · Golf Carts OK · Golf · Playground · Tennis Court(s) · Waterfront Complex

Utilities & systems

UtilitiesCable Available · Electricity Available · Phone Available
WaterWell Required

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$319 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$105
FHA mortgage insurance (est.)$8
Property tax — 2023 actual bill$13
HOA fee — from the listing$32
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $627Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $627
Interest rate6.00%
Loan term

Estimated payment

$319/mo

Principal & interest$105
FHA mortgage insurance (est.)$8
Property taxes (actual bill)$13
HOA / condo fee$32
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Indian Lake Estates

Map of INDIAN LAKE DRIVE

Get to know Indian Lake Estates. See the full Indian Lake Estates guide →

INDIAN LAKE ESTATES 33855 — neighborhood snapshot

Population

33

Median age

68.1

Avg household

1.94

For the school run

Polk County School District

ElementaryFrostproof Ben Hill Griffin Junior Elementary School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Indian Lake Estates market

Seller’s marketLeans buyer8.1 months of inventoryBuyer’s market

$327K$330K

Indian Lake Estates median sold, yr/yr

96.7%

Sale-to-list ratio (12 mo)

Median sold price, Indian Lake Estates, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 18% below the INDIAN LAKE ESTATES 33855 median. See the full Indian Lake Estates market guide →

Paper trail

This home's history

CurrentPrice reduced to $17,900 $2K
Jan 13, 2025Listed at $20,000 · 570 days on market since

Reality check

What actually sold near INDIAN LAKE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3500 ORCHID DRIVESold · Dec ’25

$90,000

3500 ORCHID DRIVE · same community

2 bd · 1 ba · 950 sqft · $95/sqft · 5 DOM

3771 INDIAN LAKE DRIVESold · Mar ’26

$65,000

3771 INDIAN LAKE DRIVE · same community

3 bd · 1 ba · 998 sqft · $65/sqft · 0 DOM

3601 PARK AVENUESold · Nov ’25

$229,850

3601 PARK AVENUE · same community

2 bd · 2 ba · 1,030 sqft · $223/sqft · 34 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about INDIAN LAKE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for INDIAN LAKE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

INDIAN LAKE DRIVE FAQs

What would the monthly payment be for INDIAN LAKE DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $319/mo — principal and interest, the actual property-tax bill, the $32/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at INDIAN LAKE DRIVE?+

The association fee works out to $32 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on INDIAN LAKE DRIVE?+

The most recent tax bill on record (2023) was $160. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at INDIAN LAKE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Indian Lake Estates?+

At $17,900, this home is listed about 95% below the Indian Lake Estates median of $369,900. The market section on this page shows how the area is trending.

Which schools are assigned to INDIAN LAKE DRIVE?+

Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the INDIAN LAKE ESTATES 33855 market on paper

$17,900 is 18% below the INDIAN LAKE ESTATES 33855 median of $21,900.

02Time on market is leverage

570 days on market against a Indian Lake Estates median of 52 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $20,000, now $17,900 — a $2K cut. The full history is in the market section below.

Listing courtesy of KISHROY REALTY GROUP LLC · Kishroy Gilbert. MLS #O6270589.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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