CENTURY 21 Edge

ALLAMANDA DRIVE, INDIAN LAKE ESTATES, FL, 33855

Active77 days on marketListed May 21, 2026MLS #P4938767

Priced 50% below the INDIAN LAKE ESTATES 33855 medianReduced $4KINDIAN LAKE ESTATES

About this home

ALLAMANDA DRIVE

Come and create the home of your dreams on this half-acre lot nestled in the vibrant lake community of Indian Lake Estates! This fantastic fishing, golfing, and boating oasis right in the heart of Florida is just waiting for you. You’ll be just minutes away from beautiful Lake Walk in Water. Located about 20 miles east of Lake Wales, this community is built around the magnificent 7,500-acre Lake Walk In Water, renowned for its exceptional fishing and hailed as one of the top bass fishing lakes in Florida. With amenities like a sandy beach, a convenient boat ramp, a marina, and the longest freshwater fishing pier in the state, you’ll have everything you need right at your fingertips! The pier even features a charming pavilion complete with propane grills and covered picnic tables, perfect for days spent relaxing by the water. But that’s just the beginning! The community also boasts an impressive 18-hole golf course, basketball and tennis courts, and a sprawling 23,000 sq. ft. clubhouse that includes a café, post office, churches, library, fitness room, and pro shop. If you’re a nature enthusiast, you’re in for a treat—wildlife abounds! You’ll often spot deer, raccoons, turkeys, turtles, and a variety of beautiful birds. And let’s not forget about the incredible location! Orlando and Disney are just about an hour’s drive to the north, while Tampa, Busch Gardens, and the breathtaking Gulf beaches are just over an hour to the west. Plus, the iconic Bok Tower, a National Landmark, is nearby in Lake Wales. For thrills, the Westgate River Ranch Resort and Rodeo is only six miles away—experience the charm of an authentic Florida dude ranch with a full-service resort! Imagine horseback riding, wildlife airboat tours, swamp buggy adventures, and a spectacular Saturday night rodeo right at your doorstep! The sprawling 1,700 acres also feature a trap/skeet range, nature hikes, a petting farm, a marina, and even an Adventure Park with a zip line and rock climbing wall. With cowboy-themed accommodations ranging from lodge guestrooms to luxurious teepees, there’s something for everyone! Come out and discover how incredible life can be at Indian Lake Estates—Polk County's best-kept secret! You won’t want to miss out!

Facts & features

The home at a glance

0.5 ac

Lot size

Pets allowed

Inside

Outside & construction

Community & fees

Taxes (2025)$96/yr
PetsYes
CommunityCommunity Boat Ramp · Dock · Fishing · Lake · Marina · Water Access · Waterfront · Activity Core/Center · Deed Restrictions · Gated Community - No Guard · Golf Carts OK · Golf · Playground · Tennis Court(s) · Waterfront Complex

Utilities & systems

UtilitiesElectrical Nearby
WaterWell Required

The numbers

What it really costs

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

$238 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$65
FHA mortgage insurance (est.)$5
Property tax — 2025 actual bill$8
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $385Loan30-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% · $385
Interest rate6.00%
Loan term

Estimated payment

$238/mo

Principal & interest$65
FHA mortgage insurance (est.)$5
Property taxes (actual bill)$8
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 ALLAMANDA 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 50% below the INDIAN LAKE ESTATES 33855 median. See the full Indian Lake Estates market guide →

Paper trail

This home's history

CurrentPrice reduced to $11,000 $4K
May 21, 2026Listed at $15,000 · 77 days on market since

Reality check

What actually sold near ALLAMANDA 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.

Iain Robinson

Your agent

Iain Robinson

Broker Associate · CENTURY 21 Edge

Tours, negotiation, and every question about ALLAMANDA 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 ALLAMANDA DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

ALLAMANDA DRIVE FAQs

What would the monthly payment be for ALLAMANDA DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $238/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on ALLAMANDA DRIVE?+

The most recent tax bill on record (2025) was $96. 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 ALLAMANDA 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 $11,000, this home is listed about 97% 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 ALLAMANDA DRIVE?+

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

Listing courtesy of KB REALTY TEAM LLC · Karen Boyette. MLS #P4938767.

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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ALLAMANDA DRIVE, INDIAN LAKE ESTATES, FL — $11,000 | CENTURY 21 Edge