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01 N 15th Street, Indianola, IA 50125

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For Sale

$477,730

9.47 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 9.5 acres
    Lot size

Explore this Property

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.
MLS# 719646

Courtesy Of Peoples Company

(515) 222-1347

Property Features

  • Lot Size
    9.47 Acres

Map and Directions

Directions to 01 N 15th Street, Indianola, IA 50125

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 233-2623
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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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