WHY IS THEIR NO HOA FES IN INDIAN CREEK IN KISSIMME FLORIDA?

Asked by TOM GRIFFIN, Orlando, FL Fri Jan 11, 2013

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7
Abraham Bidh…, Agent, Orlando, FL
Fri Jan 11, 2013
Hi Tommy:

Indian Creek has an optional HOA fee of $500/Year.

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0 votes
Brent Ferry, Agent, Kissimmee, FL
Fri Jan 11, 2013
"Indian Creek Home Owners Association" http://indiancreek-hoa.com/index.htm

"Indian Creek Common Facilities District" http://www.osceola.org/indiancreek/234-633-0/indian_creek_co…
0 votes
Carol Bauza, Agent, Orlando, FL
Fri Jan 11, 2013
Hi Tommyh4559,

Your question is about Indian Creek, however the house you have listed is in East Orlando.

If you need some help, let me know.

Carol Bauza
Charles Rutenberg Realty
carol@carolshome.com
0 votes
Alan Martin, Agent, Orlando, FL
Fri Jan 11, 2013
Indian Creek owners pay to a MSTU. (Municipal Service Tax Unit) The taxes are higher than other comparable homes in other subdivisions that have a HOA. Greater Homes built a lot of homes and use the MSTU system. Pretty much all of the subdivisions with 'Indian' in the name were built by Greater Homes and were set up as MSTUs. So the MSTU looks after the stuff that a HOA would look after if there was one. The Residents Assn on Indian Creek is not membership mandated and therefore cannot be called a HOA. That iwhy it is called a Residents Assn. In theory the MSTU should 'police' standards using the code enforcement authority granted to the County. If you need more help from a Broker that' knows his onions' and has been selling on Indian Creek since it was built, then please get in touch


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0 votes
Mark LeMenag…, Agent, Lake Nona Orlando, FL
Fri Jan 11, 2013
There are actually several of these older neighborhoods near Disney that have no or optional HOA fees. Lindfields, Indian Ridge, Indian Creek. One drive through them and it is obvious that there are no community standards being policed by an HOA, although they have certainly improved since the bottom. We all get requests from buyers who want no or a very low HOA. You get what you pay for and if you pay nothing guess what you get? These are not bad places for people with a low budget. Maybe that's why so many Disney employees gobbled them up when prices crashed. :)
0 votes
Brent Ferry, Agent, Kissimmee, FL
Fri Jan 11, 2013
Hi Tommy,

Indian Creek is a well located (to Disney/for short term rental), but it is a basic community. No guard. No gate. No community clubhouse or pool. Owners pay an additional non-ad valorem tax on their yearly property tax bill to the Indian Creek Common Facilities District. There actually is an HOA as well; however, it is optional.
Web Reference:  http://www.BFerryHomes.com
0 votes
Miekeba Jones, Agent, Silver Spring, MD
Fri Jan 11, 2013
Hi Tommyh4559, Do you have a Realtor in your area? If not, I can help you find one.
0 votes
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