01 N 15th Street, Indianola, IA 50125

Indianola
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
01 N 15th Street,Indianola, IA 50125
$477,730
  • 9.46 Acres
  • Lots / Land
  • Active
Listed by: keaton dreher, ludwig, kalen n
Office: peoples company
MLS#:719646
Source:IA_DMAAR

Price summary

  • Price:$477,730

About this home

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...

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Home facts

  • Listing ID #:719646
  • Added:294 day(s) ago
  • Updated:March 12, 2026 at 02:56 PM

Structure and exterior

  • Lot area:9.46 Acres
  • Lot Features:Flat, Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$477,730
  • Tax amount:$329 (2023)

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