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Lot/land
  • $3,250,000

    0 Highway 65/69, Indianola, IA 50125

    --beds
    --baths
    252Acres
    Unimproved Land
    Built in ----
    252 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large contiguous acreageMultiple access possibilitiesHighway visibilityWooded drawsRolling terrain
    This 252 +/- acre development opportunity is located within the Indianola city limits, offering a rare combination of current agricultural income and substantial residential development potential. The property currently generates approximately $37,191 annually from row-crop production, allowing a buyer to collect income while planning for future development. Located inside the city limits this property is perfect for investors, developers and farm operators. The farm is positioned along Highway 65/69, near existing residential neighborhoods, Indianola schools, and established city growth. The large contiguous acreage, highway visibility, rolling terrain, wooded draws, and multiple access possibilities create potential for a thoughtfully designed residential community with a mix of homesites, green space, trails, and natural features. Unlike rural farmland located miles from municipal infrastructure, this property is already situated within a growing community and directly adjacent to existing development. This location provides access to city water, sanitary sewer, streets, and other municipal services, subject to availability, engineering, rezoning, subdivision approval, and City of Indianola requirements. This is an opportunity to acquire a large income-producing tract in the path of Indianola's continued residential growth. All information obtained from seller and public records.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brodie Wubben (515)371-5193,

    RE/MAX Precision

    Source: DMMLS,MLS#: 746827MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Features
      • Basement: Daylight

      Property

      Lot
      • Size: 252 Acres
      • Features: Rectangular Lot
      Details
      • Parcel number: 49023060440, 49023060420, 49023310660, 49023310680
      • Zoning: Ag

      Community & HOA

      Location
      • Region: Indianola

      Financial & listing details

      • Annual tax amount: $4,800
      • Date on market: 8/7/2026
      • Cumulative days on market: 2 days
      • Listing terms: Cash,Contract

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Listed for sale$3,250,000
        Source: DMMLS #746827 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 50125

        Getting around

        1 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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