Escape to your own dream ranch-style hideaway in the heart of Indian Lake Estates, a peaceful country escape with no HOA fees. This stunning, professionally remodeled 3-bedroom, 2-bath home boasts a chef's dream kitchen with new custom cabinets, gleaming stainless steel appliances, a gorgeous marble backsplash, and butcher block countertops. Spa-like luxurious bathrooms feature custom tile and marble, a spacious walk-in shower, and a relaxing deep soaking tub. Enjoy modern comforts with energy-efficient newer HVAC, plumbing, windows, electrical systems, and natural travertine floors. A newly installed wind-rated garage door provides security and protection, while the garage offers additional space for storage or hobbies. New roof will be installed on or before closing. Nestled in a quiet, friendly neighborhood with two churches, you'll have access to a picturesque lake, an award-winning 18-hole golf course, a 9-hole par 3 course, a playground, and a picnic pavilion – all without HOA restrictions. Indian Lake Estates offers exclusive lake access with a sandy beach and boat ramp, a marina, golf courses, sports courts, a playground, a clubhouse with a cafe, a post office, a library, a fitness room, and pro shop. Conveniently located just 20 miles east of Lake Wales, you'll have easy access to Orlando, Disney, Tampa, Busch Gardens, and the Gulf beaches. This turn-key home has every detail carefully selected for your comfort and enjoyment. Seller very motivated and ready to make a deal, so don't miss this incredible opportunity to own your piece of paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $73 | $73 | $73 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,595 | $2,024 |
Total Monthly Payment | $1,785 | $1,743 | $2,172 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.