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Recreational Land for Sale in Indianola, Iowa

S 15th Street & Kennedy St, Indianola, IA 50125

$831,720
28.7 acres
pending
Under contract

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
S 15th Street & Kennedy St
Elevation
950 feet
Coordinates
41.3524, -93.5373

Property details

Acreage
28.68 acres
Posted

Property taxes

Recent
$920

Resources

Listing history

DateEventPriceChangeSource
Feb 23, 2026Under contract$831,720DMAAR
Aug 13, 2025Price drop$831,720$86,040 -9.4%DMAAR
June 6, 2025New listing$917,760DMAAR
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This 28.68-acre property is located at S 15th Street & Kennedy St in Indianola, IA 50125. The property is pending sale.

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