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000 S Y Street

Indianola, IA 50125
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Acres118

Acres(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 ic records.

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Detail Ic Property Details

Property Type : Land

Price : $2,450,000

AD Id : 75617131

MLS Id : 735019

Lot Size : 118 Acres(Lot)

County : Warren

  • Map Map

Map

Feature Features

  • Lot Information

    Main Square Feet: 118 Acres Lot Size Acres: 118

  • Listing Price Information

    Listing Price: $2450000 Cash, Conventional

  • 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

  • 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)

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 06/03/2026 @ 18:12

MLS: 735019 LISTED BY: Brodie Wubben, RE/MAX Precision 515-223-9492 SOURCE: Des Moines Area Association of REALTORS

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