PRICE REDUCED! This cute ranch in Locke Lake Colony is ready for a new owner! Just a short walk from association amenities including a swimming pool, beaches, basketball, and tennis. This could be a great year-round home or summer getaway! HUD Home. FHA Case #341-105753 IE. 203K Eligible. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a community well, Uses a septic system and propane. Any required system repairs will be the buyer's expense,HOA Association fee of $580.00 Annually : Locke Lake Colony Association. Repairs: Treat and paint defective paint surfaces, Electrical system not functional, inspect-repair as required, Plumbing does not hold pressure, inspect and repair as needed. LBP