000 S Y Street
Indianola, IA 50125
118Acres(Lot)
Located inside the Indianola city limits, this 118+/- acre farm offers an outstanding opportunity for future residential development while producing immediate annual income. The property is currently rented for pasture and row crop production and generates $27,550 per year. With water and sewer available at the road, plus both east and west access, the tract features nearly 1/2 mile of paved road frontage -ideal for multiple points of entry. The pasture acres include a scenic pond, and the gentle topography sets up perfectly for a neighborhood-style subdivision. Zoned R1/R2 for future development, this is a rare chance to secure a sizable, city-limit tract with utilities in place -whether you're looking for an investment or additional farmland. All information obtained from seller and publ
Property Details
Map
Map
Features
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Lot Information
Main Square Feet: 118 Acres Lot Size Acres: 118
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Listing Price Information
Listing Price: $2450000 Cash, Conventional
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Tax Information
Parcel Number: 49619000070,49619000080,49576020025,49024340227,49 Annual Tax: $2209.13 Tax Legal Desc: 34-76-24 INDIANOLA CAL RUNCIMAN SUB DIV LOT 7
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Location Information
Direction: from the intersection of highway 65/69 and highway 92 Indianola head west 2 miles to Y street, Head south on Y street for .5 miles and the property is on the west side of the road. You can also access the farm from R63.
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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) |
| 00 G36 Highway, Indianola, IA, 50125 | $1,898,400 | -- | -- | -- | 30.20 Acres(Lot) |
| 000 Tbd Street, Indianola, IA, 50125 | $350,000 | -- | -- | -- | 35.54 Acres(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) |
| 0000 78th Lane, Indianola, IA, 50125 | $115,000 | -- | -- | -- | 2.08 Acres(Lot) |
| LOT 16 N N Court, Indianola, IA, 50125 | $57,000 | -- | -- | -- | 0.23 Acre(Lot) |
| 7505 86th Lane, Indianola, IA, 50125 | $169,900 | -- | -- | -- | 2.04 Acres(Lot) |
| Quincy Trail, Indianola, IA, 50125 | $123,500 | -- | -- | -- | 2.69 Acres(Lot) |
| LOT 20 N N Court, Indianola, IA, 50125 | $75,000 | -- | -- | -- | 1.61 Acres(Lot) |
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Nearby For Sale
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ByOwner last updated this listing 06/03/2026 @ 18:12
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