01 N 15th Street, Indianola, IA 50125
01 N 15th Street, Indianola, IA 50125
01 N 15th Street, Indianola, IA 50125
01 N 15th Street, Indianola, IA 50125
01 N 15th Street, Indianola, IA 50125
01 N 15th Street, Indianola, IA 50125
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Blake Alewelt

Blake Alewelt

+1(641) 640-1176
$ 477,730
Est. payment | /mo

9.46 Acres Lot

Save
$ 477,730
Est. payment | /mo
Save

9.46 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 719646

HOA Y/N No

Annual Tax Amount $328

Tax Year 2023

Lot Size 9.465 Acres

Acres 9.465

Property 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.

Location

State IA

County Warren

Area Indianola

Zoning R-2

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Private Pool No

Building

Lot Description Flat, Rectangular Lot

Sewer Public Sewer

Water Public

Schools

School District Indianola

Others

Tax ID 49043033000

Monthly Total Fees $27

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Peoples Company

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Blake Alewelt

"My job is to guide you through every step of your real estate journey with care and expertise, ensuring you feel confident and supported along the way. Your goals and dreams are my priority, and I’m here to make them a reality. "

+1(641) 640-1176

blake@bravoridge.com

5550 Wild Rose Lane #400, West Des Moines, IA 50266, USA

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01 N 15th Street