Listing #18401 - 9.46 acres in IA | Peoples Company

New Listing

Warren County, IA
9.46 Acres M/L

N 15th Street & E Iowa Avenue
Indianola, IA 50125

Price	$477,730
Listing	#18401

RESIDENTIAL & LAND AGENT

Keaton Dreher

Office: 515.222.1347
Mobile: 515.650.1276
Keaton@PeoplesCompany.com

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RESIDENTIAL & LAND AGENT

Kalen Ludwig

Office: 515.222.1347
Mobile: 515.402.3169
Kalen@PeoplesCompany.com

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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.

Legal Description

INDIANOLA CAL PRAIRIE GLYNN PLAT 3 OL Y

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.

Sign On Property: Yes
Parcel Number: 49043033000
School District: Indianola
General Area: Indianola
Net Taxes: $316.00
Gross Taxes: $328.50
CSR2: 89.6
Lot Size: 412,078 SF
Water: City
Zoning: R-2

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