000 Hwy 65/69, Indianola, IA 50125
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
000 Hwy 65/69,Indianola, IA 50125
$3,250,000
- 252 Acres
- Lots / Land
- Active
Listed by: brodie wubben
Office: re/max precision
MLS#:746827
Source:IA_DMAAR
Price summary
- Price:$3,250,000
About this home
This 252 +/- acre development opportunity is located within the Indianola city limits, offering a rare combination of current agricultural income and substantial residential development potential. The property currently generates approximately $37,191 annually from row-crop production, allowing a buyer to collect income while planning for future development.
Located inside the city limits this property is perfect for investors, developers and farm operators. The farm is positioned along Highway 65/69, near existing residential neighborhoods, Indianola schools, and established city growth. The large contiguous acreage, highway visibility, rolling terrain, wooded draws, and multiple access possibilities create potential for a thoughtfully designed residential community with a mix of homesites, green space, trails, and natural features.
Unlike rural farmland located miles from municipal infrastructure, this property is already situated within a growing community and directly adjacent to existing development. This location provides access to city water, sanitary sewer, streets, and other municipal services, subject to availability, engineering, rezoning, subdivision approval, and City of Indianola requirements.
This is an opportunity to acquire a large income-producing tract in the path of Indianola's continued residential growth.
All information obtained from seller and public records....
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Home facts
- Listing ID #:746827
- Added:50 day(s) ago
- Updated:September 27, 2026 at 03:02 PM
Rooms and interior
- Basement:Yes
- Basement Description:Daylight
Structure and exterior
- Lot area:252 Acres
- Lot Features:Rectangular Lot
Finances and disclosures
- Price:$3,250,000
- Tax amount:$4,800
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