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    3809 Indianapolis Ave Des Moines, IA 50317

    New
    Picture of Land at Indianapolis Ave 3809, Des Moines, IA
    For Sale
    $130,000

    LAND - Des Moines, IA

    Lot size:
    0.88 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 3809 Indianapolis Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    N3A
    APN
    06000597000000
    Lot size
    0.88 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Pennie Carroll & Assoc (515) 967-3544 [email protected]

    Listing agent Pennie Carroll (515) 490-8025

    Listing date Dec 2, 2025

    MLS# 731131 Listing URL

    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.

    Overview

    Des Moines Land Development Opportunity

    This 0.875-acre parcel in Des Moines, Iowa, presents a development opportunity for investors and developers. The property, located between Dubuque Avenue and Indianapolis Avenue, has an approved plan for the Fillman Subdivision, featuring six oversized lots suitable for new housing. The city of Des Moines offers an affordable tax abatement program to encourage building. The wooded cul-de-sac lots provide privacy and views of wildlife, while still offering convenient access to city amenities. The location is ideal for developing and selling off the lots, or for building and selling single-family homes. The street would go in the middle of the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.539948
    Latitude
    41.605653

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    FAQs

    What type of property is this?
    Land - Development opportunity with six oversized lots in Des Moines, Iowa.
    Where is this land located?
    The property is located at 3809 Indianapolis Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Approved Fillman Subdivision: City of Des Moines approved subdivision plan for 6 oversized lots.; - Development Opportunity: Ideal for developers and investors seeking equity through lot sales or single-family home construction.; - Benefit from Des Moines' affordable tax abatement program to reduce building costs.
    (515) 490-8025
    Request Owner's contact information
    3809 Indianapolis Ave Des Moines, IA 50317
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    Des Moines, IA 50317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3809 Indianapolis Ave Des Moines, IA 50317
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