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000 Hwy 65/69

Indianola, IA 50125
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Acres252

Acres(Lot)

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 homesit es, 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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Detail Ic Property Details

Property Type : Land

Price : $3,250,000

AD Id : 89251971

MLS Id : 746827

Lot Size : 252 Acres(Lot)

County : Warren

  • Map Map

Map

Feature Features

  • Room Information

    Has Basement: Yes Basement: Daylight

  • Lot Information

    Main Square Feet: 252 Acres Lot Size Acres: 252 Lot Size Square Feet: 10801395 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $3250000 Cash, Contract

  • Tax Information

    Parcel Number: 49023060440, 49023060420, 49023310660, 49023310680 Annual Tax: $4800 Tax Legal Desc: see agent remarks

  • Location Information

    Direction: South of Indianola on Hwy 65/69 south / passed E 17th Ave. Land will be on the East side of Hwy 65/69.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 18 N N Court, Indianola, IA, 50125 $61,000 -- -- -- 0.42 Acre(Lot)
Nevada Street & 118th A.., Indianola, IA, 50125 $1 -- -- -- 6.63 Acres(Lot)
LOT 22 N N Court, Indianola, IA, 50125 $75,000 -- -- -- 0.38 Acre(Lot)
00 G36 Highway, Indianola, IA, 50125 $1,898,400 -- -- -- 30.20 Acres(Lot)
LOT 16 N N Court, Indianola, IA, 50125 $57,000 -- -- -- 0.23 Acre(Lot)
W Iowa Avenue, Indianola, IA, 50125 $300,000 -- -- -- 16.48 Acres(Lot)
TBD R57 Highway, Indianola, IA, 50125 $225,000 -- -- -- 2.47 Acres(Lot)
36-75-24 S 420' N 840' .., Indianola, IA, 50125 $209,900 -- -- -- 10.03 Acres(Lot)
10950 BLK R57 Highway, Indianola, IA, 50125 $599,500 -- -- -- 42.03 Acres(Lot)
LOT W Euclid Avenue, Indianola, IA, 50125 $30,000 -- -- -- 0.35 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/20/2026 @ 21:57

MLS: 746827 LISTED BY: Brodie Wubben, RE/MAX Precision 515-223-9492 SOURCE: Des Moines Area Association of REALTORS

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