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Charming 2 Bedroom, 2 Bath Home on Half Acre in Indian Lake Estates!****Welcome home to this charming 2 bedroom, 2 bath residence situated on a spacious half-acre lot in the desirable lake and golf community of Indian Lake Estates in Central Florida. Ideally located with quick access to the community entrance, post office, clubhouse, and golf course, this home is perfect for those looking to downsize, purchase a second home, or just starting out. ****The split-bedroom floor plan offers privacy for owners and guests, while the open living and dining areas create a comfortable space for everyday living and entertaining. Ceramic tile flooring flows through the living and wet areas, with carpeted bedrooms for added comfort. The enclosed lanai adds valuable additional living space and is ideal for relaxing or entertaining year-round. ****Out back, you’ll find two storage sheds providing plenty of room for tools, hobbies, or extra storage. *****Beyond the home, Indian Lake Estates offers an exceptional lifestyle. Enjoy boating and fishing just minutes away on Lake Walk-In-Water, one of Florida’s premier fishing lakes and home to the state’s longest freshwater pier. Community amenities include an 18-hole and 9-hole golf course, clubhouse, fitness center, library, tennis and basketball courts, restaurant, post office, marina, beach, playground, and more. Nature lovers will appreciate frequent sightings of deer, cranes, eagles, and other wildlife. ****Conveniently located approximately 20 miles east of Lake Wales and just over an hour from Orlando, Disney, Tampa, and the Gulf Coast beaches, this hidden gem offers peaceful country living with easy access to Florida’s top destinations. ****Don’t miss your opportunity to experience Polk County’s best-kept secret—schedule your private tour today and find out how great life can be at Indian Lake Estates!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $75 | $75 | $75 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $994 | $1,065 | $1,435 |
| Total Monthly Payment | $1,143 | $1,214 | $1,584 |
* 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.