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0 Beds
0 Baths

$3,250,000

000 Hwy 65/69 None, Indianola IA, 50125

Price per sqft$0.30
Lot size247.97 Acres
Property typeLand

Overview

Active

Listed Aug 7, 2026

Updated Aug 10

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 homesites, 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.

Additional information

MLS® ID
746827

Exterior Features

Lot Size
247.97 Acres

Other Property Details

Taxes
$4,800
Tax Frequency
Annually

 

Courtesy of RE/MAX Precision, Brodie Wubben,
Listing Contact: (515) 371-5193 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Knickerbocker Real Estate Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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