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Sold for $717,000
  • $717,000

    1 S 15th St, Indianola, IA 50125

    --beds
    --baths
    28.68Acres
    Unimproved Land
    Built in ----
    28.68 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    High-visibility frontage
    An outstanding development opportunity awaits with this 28.68-acre m/l parcel ideally situated on the southeast side of Indianola. Boasting high-visibility frontage at the intersection of S 15th Street and Kennedy Street, this property is strategically located within city limits and directly across the street from Indianola Middle School and west of Pickard Park, an ideal setting for residential development. City utilities are readily available at the street, including sewer, natural gas, electric, and fiber internet provided by Indianola Municipal Utilities. City water is located at the northwest corner of the property along S 15th Street. 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. The parcel also includes approximately 25.83 tillable acres with an impressive CSR2 of 87.1, offering additional versatility or interim income potential. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keaton Dreher (515)650-1276,

    Peoples Company,

    Kalen Ludwig 515-402-3169,

    Peoples Company

    Bought with:

    Steve Bruere

    Peoples Company

    Source: DMMLS,MLS#: 719747MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Property

    Lot
    • Size: 28.68 Acres
    • Features: Flat, Irregular Lot
    Details
    • Parcel number: 49023290662
    • Zoning: R-2

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available

    Community & HOA

    Location
    • Region: Indianola

    Financial & listing details

    • Annual tax amount: $957
    • Date on market: 6/6/2025
    • Cumulative days on market: 1219 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Concrete, Gravel

    Price history

    DateEventPrice
    4/1/2026Sold$717,000-13.8%
    Source: DMMLS #719747 Report a problem
    2/23/2026Pending sale$831,720
    Source: DMMLS #719747 Report a problem
    8/12/2025Price change$831,720-9.4%
    Source: DMMLS #719747 Report a problem
    6/6/2025Listed for sale$917,760
    Source: DMMLS #719747 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 50125

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Indianola

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.