$3,250,000
Est. payment /mo
252 Acres Lot
New
000 Hwy 65/69 Indianola, IA 50125
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 746827
HOA Y/N No
Annual Tax Amount $4,800
Lot Size 252.000 Acres
Acres 252.0
Property Description
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.
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.
Location
State IA
County Warren
Area Indianola
Zoning Ag
Rooms
Basement Daylight
Interior
Fireplace No
Exterior
Private Pool No
Building
Lot Description Rectangular Lot
Others
Tax ID 49023060440, 49023060420, 49023310660, 49023310680
Monthly Total Fees $400
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
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