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$28,000
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Property Description
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.
Full Property Details
Full Property Details for 524 Magnolia Dr
General
- Price: $28,000
- Taxes: $92 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM710005
- Updated: 11/6/2025
- Added to Site: 118 day(s) ago
Location
- Area: 33855 - Indian Lake Estates/Lake Wales
- County: Polk
- Development Name: 33855 - Indian Lake Estates/Lake Wales
- Subdivision: INDIAN LAKE ESTATES
- Driving Directions: •From Lake Wales, head east on FL-60 (State Road 60) toward Indian Lake Estates. •Continue on FL-60 until you reach the intersection with Magnolia Drive. •Turn south onto Magnolia Drive. •Follow Magnolia Drive to #524 – the lot is on the east side of the road.
Community
- Community Name: 33855 - Indian Lake Estates/Lake Wales
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,954
- Lot Size: 23954
- Lot Dimensions: 61 x 170 x 100 x 159
- Street/Road Desc.: Other
Financial Considerations
- Price Per Acre: $50,909
- Tax Amount: $92
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: INDIAN LAKE ESTS UNIT 5 SEC 7 31 30 PB 39 PG 31 BLK 181 LOT 12
- Flood Zone Info: X
- APN: 303107994050018112
- Property ID: 303107994050018112
- Block/Lot/Section: 181
Listed by Marcillo Real Estate Llc
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Schools
Schools serving 524 Magnolia Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 11.2 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 11.1 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 15 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 524 Magnolia Dr
Date
Details
Price
Change
Source
9/22/2025
Listed
$28,000
194.74%
MLS
6/29/2016
Sold
$9,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 524 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$102
11%
$14,000
17%
2024
$92
1%
$12,000
—
2023
$91
47%
$12,000
71%
2022
$62
68%
$7,000
180%
2021
$37
-3%
$2,500
—
2019
$38
-34%
$2,500
—
2017
$58
—
$2,500
-38%
2017
$58
-2%
$4,000
—
2016
$59
2%
$4,000
10%
2015
$58
5%
$3,630
10%
2014
$55
17%
$3,300
10%
2013
$47
—
$3,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 524 Magnolia Dr
524 Magnolia Drive, Indian Lake Estates, FL 33855 (MLS# OM710005) is a Lots/Land property with a lot size of 0.55 acres. 524 Magnolia Drive is currently listed for $28,000 and was received on September 22, 2025. Want to learn more about 524 Magnolia Drive? Do you have questions about finding other Lots/Land real estate for sale in Indian Lake Estates? You can browse all Indian Lake Estates real estate or contact a Coldwell Banker agent to request more information.

