Development Land in Indianola,
For Sale
$477,730
Pending
01 N 15th Street, Indianola, IA 50125
Land, Indianola, IA
Property SizeContact for details
Lot Size9.47 Acres
Days on Market455
Property Features for 01 N 15th Street
General Information
Property type
Land
Property subtype
Other
Zoning
R-2
Lot features
Flat, Rectangular Lot
Elementary school district
Indianola
Middle school district
Indianola
High school district
Indianola
Directions
From HWY 92, head North on N 15th St. to E Iowa Ave. Development is located on the right/east side of N 15th St. directly South of E Iowa Ave. From HWY 65, head East on E Iowa Ave., at intersection of E Iowa Ave./N 15th St., turn right/south onto N 15th St. Development is located on left/east side of N 15th St.
Subdivision
Indianola
Standard status
Pending
APN
49043033000
Lot size
9.47 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
INDIANOLA CAL PRAIRIE GLYNN PLAT 3 OL Y
Tax Annual Amount
329
Legal Description
INDIANOLA CAL PRAIRIE GLYNN PLAT 3 OL Y
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Keaton Dreher · License #S62338000
(515) 771-7588
Added: Jun 5, 2025
Changed: Aug 19
Last Checked: Sep 2 at 7:06AM
MLS# 719646
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 9.46-acre parcel is located on the east side of Indianola, offering a development opportunity with high-visibility frontage at the intersection of N 15th Street and E Iowa Avenue. Situated within city limits and less than one mile from Indianola schools, the property is suitable for residential development. City utilities, including water, sewer, natural gas, electric, and fiber internet provided by Indianola Municipal Utilities, are available at the street. Zoned R-2, the property supports various housing options such as single-family homes, duplexes, townhomes, and rowhomes. A preliminary concept plan proposes up to 72 townhome units. The parcel includes approximately 9.3 tillable acres with a CSR2 of 89.6. The property is located in Section 20, Township 76 North, Range 23 West.
Key Highlights
- High‑visibility 9.46‑acre parcel at the intersection of N 15th Street and E Iowa Avenue.
- Located within city limits and less than one mile from Indianola schools.
- City utilities readily available: water, sewer, natural gas, electric, and fiber internet.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 50125, IA
20,906
Population
8,039
Households
2.6
Avg Household Size
39
Median Age
34%
College-Educated
97%
High-School Grad
162.4 sq mi
ZIP Area
129
Density / Sq Mi
$86,463
Median Household Income
$42,822
Median Earnings
$975
Median Rent
$248,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 9.46-acre parcel suitable for residential development with city utilities.
Where is this land located?
The property is located at 01 N 15th Street Indianola, IA.
What is the asking price?
The asking price for this property is $477,730.
What are key features of this property?
This property features: High‑visibility 9.46‑acre parcel at the intersection of N 15th Street and E Iowa Avenue.; Located within city limits and less than one mile from Indianola schools.; City utilities readily available: water, sewer, natural gas, electric, and fiber internet.
