Discover a rare opportunity on this 20+/- acre parcel ideally suited for either continuing its use as prime farmland or creating your dream home with unparalleled privacy. Currently utilized as productive tillable ground generating income, this versatile property offers both agricultural potential and possibilities for residential development. This land is approved for residential construction, presenting a perfect canvas for realizing your vision of a custom-built home. All essential utilities are conveniently accessible at the roadside, streamlining the development process for your new residence. Embrace the serenity of rural living amidst the quietude of this picturesque landscape. Whether you choose to maintain its agricultural productivity or embark on building your own sanctuary, this property promises a harmonious blend of natural beauty and practical opportunity. Schedule a visit to experience firsthand the allure of this beautiful land. It’s time to turn your aspirations into reality and seize the potential this property holds for your future.
Property Details
Property Features
Listing Office:
Office Name: Century 21 Signature
Office Phone: (515) 224-4002
Listing Agent: Eileen Van Kooten-Schmitt
Lot Features
Lot Information:
Lot Size: 20.01 Acres
Other
Directions Information:
Directions: There is a 40 foot easement on the west side of the house located at 7326 Fulton St, Indianola, IA 50125. The property is to the south of that address
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indianola, IA.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,189
Per Month
Principal & Interest
$2,122
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,341
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Laura Ingalls Wilder Elementary
2303 W Euclid Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
7
/10
Whittier Elementary
1306 W Salem Ave
Distance between this listing and this school0.82 miles
Public District Grades PK-5
9
/10
Irving Elementary
500 W Clinton Ave
Distance between this listing and this school1.33 miles
Public District Grades KG-5
Nearby Schools
6
/10
Indianola Middle School
403 S 15th St
Distance between this listing and this school2.72 miles
Public District Grades 6-8
4
/10
Norwalk Middle School
200 Cherry St
Distance between this listing and this school8.27 miles
Public District Grades 6-7
4
/10
Carlisle Middle School
325 Scotch Ridge Rd
Distance between this listing and this school10.10 miles
Public District Grades 6-8
Nearby Schools
5
/10
Indianola High School
1304 E 1st Ave
Distance between this listing and this school2.55 miles
Public District Grades 9-12
2
/10
Martensdale - St. Marys Jr. / Sr. High School
390 Burlington Ave
Distance between this listing and this school7.64 miles
Public District Grades 7-12
5
/10
Norwalk High School
1201 North Ave
Distance between this listing and this school8.41 miles
The neighbors living near this home have an average income of $75,556. The majority of Indianola, IA residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Parcel V Street
What is the listing price of this property?
The listing price of Parcel V Street property is $425,000.
What type of property is this?
The property Parcel V Street is land located in Indianola, Iowa, 50125.
Is this property for sale now?
Active Listing: Parcel V Street is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Parcel V Street in Indianola, IA and zip code 50125. This home sits on a 20.01 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $425,000.
Indianola, IA housing market in November 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Indianola, IA real estate market has seen decrease in the number of listings by 16.7%. The median list price of listings available in November 2024 was $273,333, while the average time on the real estate market was 26 days.
From Rocket Homes Real Estate and based on county public records data.