Property Info

Description

Peoples Company is proud to offer 105.85 acres m/l of development land within the incorporated city limits of Indianola, Iowa. This property is located on the South edge of town, within minutes of many current and future amenities that Indianola has to offer. City sewer, water, electric, and high speed internet fiber are abundantly available at or nearby the site. Future land use is slated for low density residential arrangements across the majority of the property. Per the City of Indianola's Comprehensive Plan, this property is the home of future recreational trails as well as a major traffic collecting street to Indianola. This is a great opportunity for a developer or investor looking to add to their portfolio.

The property is currently zoned for agricultural use and is being farmed across approximately 32.35 acres. These acres carry a weighted average CSR2 of 57.3.

Please see the attachments section for conceptual master planning as well as utility, zoning, and soil maps.

Legal Description

Approximately 105.85 Acres M/L in Sections 25 and 36, Township 76 North, Range 24 West of the 5th P.M., Warren County, Iowa. Exact legal description to be taken from abstract.

Directions

From the intersection of Jefferson Way and 2nd Avenue in Indianola, Iowa, head west on West 2nd Avenue for .75 miles. Make a left hand turn and go south on South G St for .4 miles. The property will be located on the east side of South G St. Look for company signage!

• Sign On Property: Yes
• MLS Number: 583165
• Parcel Number: 49024250684, 49024250686, 49024250681, 49024250860, 49024360240
• School District: Indianola
• General Area: Indianola
• Net Taxes: $5,030.48
• CSR2: 57.30
• Possession: At Closing
• Terms: Cash or Conventional

Additional Info

Sewer:

A 12 inch gravity main runs from north to south through the entirety of the property on the east side. 8 inch sewer mains are located on the west boundary line along South G St, north boundary line along West 5th Ave, and at South Buxton St, which feed into the gravity main that runs through the property.

Water:

A 10 inch water main runs north and south along South G St on the west boundary of the property. This main happens to be in a water connection fee district. Water service is also available by the 6 inch main located at South Buxton St and the 4 inch main located at South Freeman St.

Electrical:

Multiple 3 phase electrical arrangements are available through Indianola Municipal Utilities on the west, north and east boundaries at South G St, South B St, South E St, and West 7th Ave. Connection options are available through IMU based on the proper electrical facilities that will be needed.

Fiber:

Up to 1 GB fiber available in multiple locations, provided by Indianola Municipal Utilities.

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Photos