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Overview

0 baLand
TypeLand
HOANone listed
Lot23,954 sqft

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About this home

524 Magnolia Dr is a home in Indian Lake Estates, Indian Lake Estates. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Build your dream home on this beautiful .55-acre residential lot located in the growing community of Indian Lake Estates. This oversized lot provides plenty of room for your custom home, garage, or outdoor living space. Indian Lake Estates is a deed-restricted golf and fishing community, offering access to Florida’s largest freshwater pier on Lake Walk-in-Water, an 18-hole golf course, tennis courts, pickleball, clubhouse, restaurant, and more. The community is perfect for those who enjoy a quiet lifestyle with outdoor recreation at their doorstep. Conveniently situated off Highway 60, it’s an easy drive to Lake Wales, Winter Haven, and the Orlando/Disney area. No appointment is needed — this is an open lot, and buyers are welcome to stop by and walk the property at their convenience.

The essentials

On market
9 days
Annual tax
$106
Flood zone
X · Low risk
Lot
23,954 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$123/mo
Down payment (20%)
$4,000
Property taxes
$9/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
23,954 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
9
Flood Zone X
Annual Tax (2025)
$106
Parcel #
30-31-07-994050-018112

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Indian Lake Estates
County
Polk
MLS Area
33855 - Indian Lake Estates/Lake Wales
Lot Size
23,954 sqft

Price history

Date
Event
Price
10/8/2026
Listed for sale
Source: Stellar MLS #OM733832
$20,000

Neighborhood

524 Magnolia Dr
Indian Lake Estates, FL, 33855 · 33855 - Indian Lake Estates/Lake Wales

Calculator

Est. monthly payment
$123/mo
Principal & interest$104
Property taxes$9
Insurance$10
Down payment20% · $4,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$20,000

Time on market

9 days

Monthly payment

About $123/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $106 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byMARCILLO REAL ESTATE LLCListing agent: Yari Burgos-ColonListing data from Stellar MLS, MLS# OM733832.

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