
Agricultural & Residential Land for Sale in Indianola, Iowa
S Y St, Indianola, IA 50125
Located inside the Indianola city limits, this 118+/- acre farm offers an outstanding opportunity for future residential development while producing immediate annual income. The property is currently rented for pasture and row crop production and generates $27,550 per year. With water and sewer available at the road, plus both east and west access, the tract features nearly 1/2 mile of paved road frontage -ideal for multiple points of entry. The pasture acres include a scenic pond, and the gentle topography sets up perfectly for a neighborhood-style subdivision. Zoned R1/R2 for future development, this is a rare chance to secure a sizable, city-limit tract with utilities in place -whether you're looking for an investment or additional farmland. All information obtained from seller and public records.
Location
- Street address
- S Y St
- County
- Warren County
- Community
- Indianola
- School district
- Indianola
- Elevation
- 958 feet
Directions
from the intersection of highway 65/69 and highway 92 Indianola head west 2 miles to Y street, Head south on Y street for .5 miles and the property is on the west side of the road. You can also access the farm from R63.
Property details
- Acreage
- 118 acres
- Zoning
- Ag
- MLS #
- DMAAR 735019
- Posted
Property taxes
- Recent
- $2,209
Parcels
- 49024340227
- 49576020025
- 49619000070
- 49619000080
Legal description
34-76-24 INDIANOLA CAL RUNCIMAN SUB DIV LOT 7
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 25, 2026 | New listing | $2,450,000 | — | DMAAR |

















