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Land with Private Pond

501 E Hillcrest Avenue Indianola, IA 50125

501 E Hillcrest Avenue, Indianola, IA, 50125
$2,100,000
For Sale
Claim this Listing
$2,100,000

LAND - Indianola, IA

Lot Size48.00 Acres
AddedMay 22
Days on Market54
Last RefreshJul 14 at 8:06 pm

Property Features for 501 E Hillcrest Avenue

General Information

Property type
Land
Property subtype
Other
Zoning
Ag
Standard status
Active
APN
49360000010
Lot size
48.00 Acres

Taxes and HOA fees

Tax Description
19-76-23 INDIANOLA CAL HULENS SUB DIV PCL AK LOT 1 SEE 49023190400/0428/0450 FOR REST OF PCL AK
Tax Annual Amount
4345

Utilities

Sewer type
Septic Tank
Water source
Public

Listing agent Josh Baker

Listing office Iowa Realty Indianola 1501 N Jefferson St, West Des Moines, IA

Listing date May 22, 2026

MLS# 741416 Listing URL

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 approximately 48-acre development property includes a private 5-acre pond and rolling terrain, with multiple access points and a home located on the north end that can generate immediate rental income, according to the seller’s remarks.

The site is located in Indianola, IA, along Hwy 65/69 on the north side, and is described as positioned among established businesses. The listing notes the City of Indianola’s Comprehensive Plan designates the property for C-2 Commercial & Low/Med Density Res, while the listed zoning is Ag.

The land is presented as suited for mixed-use development, commercial expansion, or long-term investment. The property is also being marketed in connection with a 1031 exchange.

Key Highlights

  • 48+/- acre development site on Indianola’s north side directly along Hwy 65/69
  • City of Indianola Comprehensive Plan designates the property for C‑2 Commercial & Low/Med Density Res
  • Private 5‑acre pond and rolling terrain on the land

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Building Supply Hair Salon HVAC Service Parking Lot & Garage Spa & Massage Center Dental Office Skin Care Clinic Nail Salon

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

FAQs

What type of property is this?
Commercial land - Approximately 48 acres of development land in Indianola with a private 5-acre pond and multiple access points.
Where is this commercial land located?
The property is located at 501 E Hillcrest Avenue Indianola, IA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 48+/- acre development site on Indianola’s north side directly along Hwy 65/69; City of Indianola Comprehensive Plan designates the property for C‑2 Commercial & Low/Med Density Res; Private 5‑acre pond and rolling terrain on the land
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