Listing #18404 - 28.68 acres in IA

New Listing

Warren County, IA
28.68 Acres M/L

S 15th Street & Kennedy Street
Indianola, IA 50125

Price	$917,760
Listing	#18404

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 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.

Legal Description

INDIANOLA CAL SW SW EX SE 5A & EX N 360' W 605'

Directions

From Indianola, IA: Travel east on E 2nd Ave. for approximately 1 mile to S 15th St., turn right and travel south on S 15th St. to Kennedy St., and the property will be on the east side of the road.

Sign On Property: Yes
MLS Number: 719747
Parcel Number: 49023290662
School District: Indianola
General Area: Indianola
Net Taxes: $920.00
Gross Taxes: $957.08
CSR2: 87.1
Lot Size: 1,249,301 SF
Water: City
Zoning: R2

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