Skip to main contentSkip to navigation
1 / 21
Images
Map
Street

Agricultural Land for Sale in Indianola, Iowa

1 S 15th St, Indianola, IA 50125

$831,720
28.7 acres
Active
$86k drop
Est $5,757/mo

An outstanding development opportunity awaits with this 28.68-acre m/l parcel ideally situated on the southeast side of Indianola. Boasting high-visibility frontage at the intersection of S 15th Street and Kennedy Street, this property is strategically located within city limits and directly across the street from Indianola Middle School and west of Pickard Park, an ideal setting for residential development. City utilities are readily available at the street, including sewer, natural gas, electric, and fiber internet provided by Indianola Municipal Utilities. City water is located at the northwest corner of the property along S 15th Street. Zoned R-2, the property supports a variety of housing options such as single-family homes, duplexes, townhomes, and rowhomes, making it a flexible investment for developers and builders alike. The parcel also includes approximately 25.83 tillable acres with an impressive CSR2 of 87.1, offering additional versatility or interim income potential. This tract combines location, infrastructure, and zoning flexibility in one compelling package. Don't miss your chance to develop in one of Warren County's fastest-growing areas. Contact the listing agent today for zoning regulations, development plans, and more information.

Location

Street address
1 S 15th St
Community
Indianola
School district
Indianola
Elevation
938 feet
Coordinates
41.352, -93.5382

Directions

From Indianola, IA: Travel east on E 2nd Ave. for approximately 1 mile to S 15th St., turn right and travel south on S 15th St. to Kennedy St., and the property will be on the east side of the road.

Property details

Acreage
28.68 acres
Zoning
R-2
MLS #
DMAAR 719747
Posted

Property taxes

2023
$957 - INDIANOLA CAL SW SW EX SE 5A & EX N 360' W 605'

Parcels

  • 49023290662

Legal description

Details and features

Listing

Type
Land

Lot

Features
Flat, Irregular Lot

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Aug 13, 2025Price drop$831,720$86,040 -9.4%DMAAR
June 6, 2025New listing$917,760DMAAR
Subscribe to listing updates

Payment calculator

This 28.68-acre property is located at 1 S 15th St in Indianola, IA 50125. The property is available for sale for $831,720 with a price per acre of $29,000.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact