About 01 S 15th Street, Indianola, Iowa, 50125
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.
Utilities : ElectricityAvailable
Water Source : Public
Sewer System : PublicSewer
Lot Features : Flat, IrregularLot
Road Surface Type : Concrete, Gravel
Zoning : R-2
Utilities : ElectricityAvailable
Water Source : Public
Sewer System : PublicSewer
Lot Features : Flat, IrregularLot
Road Surface Type : Concrete, Gravel
Zoning : R-2

Street Address: 01 S 15th Street
City: Indianola
State: Iowa
Postal Code: 50125
County: Warren
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.

Property Information :
Listing Status: Active
Lot Size: 28.68 Acres
MLS #: 719747
Bedrooms: 0 bd
Bathrooms: 0 ba
Price: $831,720
Tax Amount: 957.08
Last Modified : Dec 15 2025 3:58AM

Courtesy of: Keaton Dreher, Peoples Company (MLS# PCD)
Source MLS: DMAAR