See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4220 Oleander Dr, Indian Lake Estates, FL, 33855

2beds
2baths
1,104sqft
$236,000
$214price/sqft
$1,799/moest. monthly cost
$71,960/yrincome needed

About This Home

Are you a first-time home buyer? Ready to buy your first home? Call your lender and find out how to transition from renting to OWNING! This FURNISHED home is a split plan, with two suites on either end of the home. The primary suite is a generous portion of the house, with room for sitting, a linen/storage closet, a walk-in clothes closet, a full bathroom with tub and shower, and a sliding door to the back porch. The other room has a full bathroom in the hall and a generous second bedroom with ceiling fan and window facing South. There’s even a pull-out sofa for extra guests who never had anywhere to stay in your apartment. The great room and kitchen combine for an easy flow, so you don’t miss any of the fun. The home is located on a quiet street, on an oversized corner lot. Play cornhole or sit on the front porch and just hang out. No more noisy neighbors. The four seasons room has sliding doors on all three sides. The insulated, double-pane windows are newer and the private well and septic mean you only have a monthly electric bill. Internet and satellite are available. The active community offers concerts, karaoke and trivia nights, weekly card games, bingo, movie nights, a book club, PLUS basketball, pickleball and tennis courts, just to name a few. 8 out of 10 of those are free as you adjust to your new budget. Indian Lake Estates is the perfect place to own your first home. Call your agent today to view this property.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Slab
  • Roof: Concrete
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Range,Refrigerator,Washer
  • Laundry features: In Garage

Bathroom1

  • Level: First
  • Area: 37.96
  • Dimensions: 7.3x5.2

Bedroom1

  • Features: Built-in Closet
  • Level: First
  • Area: 132.31
  • Dimensions: 10.1x13.1

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 96.72
  • Dimensions: 10.4x9.3

Features

  • Ceiling Fan(s),High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Vaulted Ceiling(s),Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Window Treatments
  • Flooring: Luxury Vinyl

Florida Room

  • Level: First
  • Area: 163.66
  • Dimensions: 16.7x9.8

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,764
  • Total interior livable area: 1,104 sqft

Kitchen

  • Level: First
  • Area: 125.55
  • Dimensions: 13.5x9.3

Living Room

  • Level: First
  • Area: 229.87
  • Dimensions: 12.7x18.1

Primary Bathroom

  • Features: Tub With Shower
  • Level: First
  • Area: 38.28
  • Dimensions: 4.4x8.7

Primary Bedroom

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Area: 309.009
  • Dimensions: 14.11x21.9

Property

Details

  • Parcel number: 293112994060021712
  • Zoning: PUD
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Waterfront features: Lake

Lot

  • Lot size: 0.55 Acres
  • Features: Corner Lot
  • Lot size dimensions: 120 x 218

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Wildfire
Inland Flooding

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,193$14,316
Home Insurance *$120$1,440
Property Taxes $289$3,468
Electricity $197$2,366
Total$1,799$21,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,680/yr
40% on housing$53,970/yr
45% on housing$47,973/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 33855$139
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33855$184
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$239,000
2026-04-24Pending sale$239,000
2026-03-30Price change$239,000
2026-02-21Listed for sale$240,000
2001-03-22Sold$42,500

For Sale by Agent

AgentLaura Carter
BrokerageSIGNATURE REALTY ASSOCIATES

Similar Homes