Warren County, IA
50.19 Acres M/L

E Iowa Avenue |
Indianola, IA 50125 |
Listing #15150

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$953,610

Property Info

Description

Offering 50.19 acres m/l of prime commercial and/or industrial development land situated within the city limits of Indianola, Iowa. The property is currently zoned agricultural on the east 40 acres with the remaining portion zoned Industrial. Future land use plans call for industrial and community mixed use zoning for the property and general area. The City of Indianola plans to extend pavement and utilities in the spring of 2021 along East Iowa Avenue an additional .25 miles bringing pavement and utilities to the western portion of the property. Located in the high priority annexation zone of the city and next to the new Missouri Valley Electrical Joint Apprenticeship and Training Fund complex, this property is conveniently situated 1 mile from Highway 92 and 1.25 miles from Highway 65/69. Land includes approximately 49.76 tillable acres carrying a tillable CSR2 of 85.2.

*This property will be subject to paving, sewer, and water assessments. Please contact the listing agent for more details.

Legal Description

The Northeast Quarter (NE1/4) of the Southwest Quarter (SW1/4) and the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) EXCEPT Northeast Quarter (NE1/4) and EXCEPT Parcel C and Northeast Quarter (NE1/4) of the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) EXCEPT Parcel C and Southeast Quarter (SE1/4) of the Southwest Quarter (SW1/4) of the Northwest Quarter (NW1/4) EXCEPT Parcel C all of Section Twenty (20), Township Seventy-six (76) North, Range Twenty-three (23) West of the 5th P.M., Warren County, Iowa. Exact legal to be taken from the abstract.

Directions

From Highway 65/69: Turn and travel east on East Iowa Avenue for 1.25 miles and the property will be on the north side of the road. Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 613175
Parcel Number: 49023200620, 49023200643, 49023200644, 49023200469
School District: Indianola Schools
General Area: Indianola, Iowa
Net Taxes: $1,632.00
CSR2: 85.20
Possession: At closing, subject to tenant's rights
Terms: Cash/Conventional

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