CENTURY 21 Edge

310&312 (BLK368 LOTS 5&6) ALBA DRIVE, INDIAN LAKE ESTATES, FL, 33855

Active94 days on marketListed May 18, 2026MLS #TB8509529

INDIAN LAKE ESTATES

About this home

310&312 (BLK368 LOTS 5&6) ALBA DRIVE

Each parcel in Indian Lake Estates has unique characteristics and deserves its own description. This ACRE property is all about nature. Two adjacent parcels are for sale. There are trees everywhere so privacy can be planned. Clear only a building site and keep the trees for shade, privacy, and preservation. Or build two home with trees between them. A private septic tank is required in this community, but this lot is situated within the boundaries of the community water district and builders can request a community connection instead of, or in addition to, a private well. Electricity is available from the easement in the backyard. The road is old asphalt. Your future home would be located a few blocks 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 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. The community fronts Lake Weohyakapka, the largest lake in Polk County. Take a drive out and experience the perfect blend of activity and privacy in Indian Lake Estates, a deed restricted community.

Facts & features

The home at a glance

1 ac

Lot size

Pets allowed

Inside

Outside & construction

Community & fees

HOA fee$66/mo
Taxes (2025)$162/yr
PetsYes

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 and the real association fee — not generic estimates.

$480 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$224
FHA mortgage insurance (est.)$17
Property tax — 2025 actual bill$13
HOA fee — from the listing$66
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $1,330Loan30-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% · $1,330
Interest rate6.00%
Loan term

Estimated payment

$480/mo

Principal & interest$224
FHA mortgage insurance (est.)$17
Property taxes (actual bill)$13
HOA / condo fee$66
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 310&312 (BLK368 LOTS 5&6) ALBA 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 buyer7.8 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 90% above the INDIAN LAKE ESTATES 33855 median. See the full Indian Lake Estates market guide →

Paper trail

This home's history

May 18, 2026Listed at $38,000 · 94 days on market since

Reality check

What actually sold near 310&312 (BLK368 LOTS 5&6) ALBA 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.

Leliana Vazquez

Your agent

Leliana Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 310&312 (BLK368 LOTS 5&6) ALBA 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 310&312 (BLK368 LOTS 5&6) ALBA DRIVE — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

310&312 (BLK368 LOTS 5&6) ALBA DRIVE FAQs

What would the monthly payment be for 310&312 (BLK368 LOTS 5&6) ALBA DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $480/mo — principal and interest, the actual property-tax bill, the $66/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 310&312 (BLK368 LOTS 5&6) ALBA DRIVE?+

The association fee works out to $66 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 310&312 (BLK368 LOTS 5&6) ALBA DRIVE?+

The most recent tax bill on record (2025) was $162. 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 310&312 (BLK368 LOTS 5&6) ALBA 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 $38,000, this home is listed about 90% below the Indian Lake Estates median of $370,450. The market section on this page shows how the area is trending.

Which schools are assigned to 310&312 (BLK368 LOTS 5&6) ALBA 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 SIGNATURE REALTY ASSOCIATES · Laura Carter. MLS #TB8509529.

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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310&312 (BLK368 LOTS 5&6) ALBA DRIVE, INDIAN LAKE ESTATES, FL — $38,000 | CENTURY 21 Edge