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About This Home

This land at 01 N 15th Street in Indianola, IA is listed for $477,730 (9.46 acres).

Agent Description

An outstanding development opportunity awaits with this 9.46-acre m/l parcel ideally situated on the east side of Indianola. Boasting high-visibility frontage at the intersection of N 15th Street and E Iowa Avenue, this property is strategically located within city limits and less than one mile from Indianola schools, an ideal setting for residential development.

City utilities are readily available at the street, including water, sewer, natural gas, electric, and fiber internet provided by Indianola Municipal Utilities. 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.

A preliminary concept plan for a townhome community proposes up to 72 units, maximizing the property's potential. The parcel also includes approximately 9.3 tillable acres with an impressive CSR2 of 89.6, offering additional versatility or interim income potential.

Located in Section 20, Township 76 North, Range 23 West, 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.

Key Features

  • 9.46 acre lot

Location

01 N 15th Street

Indianola, IA 50125

Questions & Answers

This 0-bedroom, 0-bathroom land at 01 N 15th Street is listed at $477,730. The estimated monthly payment is $2,070 based on 20% down at 6.5% interest.

Key features include: 9.46 acre lot.

This property is listed by Keaton Dreher and can be reached at 5156501276 or keaton@peoplescompany.com.

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KD

Keaton Dreher

Agent at Peoples Company

(515) 650-1276

Listed by Peoples Company · View on Broker Site

MLS# 719646· Source: listhub· Updated 309 days ago

Copyright © 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.

01 N 15th Street, Indianola, IA 50125

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