# 501 E Hillcrest Avenue, Indianola, IA 50125

> **TL;DR:** land, $2,100,000. Est. $9,100/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,100,000 |
| Lot Size | 2,090,880 sqft (48.00 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 10 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,100 |
| **Total** | **$9,100** |

## Property Highlights

- 48.00 acre lot

## Description

### Agent Description
Looking for a 1031 Exchange property? A rare opportunity on Indianola's thriving north side. This 48+/- acre development site sits in one of the most active commercial corridors in Warren Co. positioned directly along Hwy 65/69 and surrounded by established, high-performing businesses. With the City of Indianola's Comprehensive Plan designating this property for C-2 Commercial & Low/Med Density Res, the site offers exceptional flexibility for mixed-use development, commercial expansion, or long-term investment. Located across from the nearly built-out Summercrest Hills area-home to medical clinics, specialty providers, pharmacy, dental offices, chiropractic care, attorney offices, gas station, construction office, credit union, car wash, the Indianola Wellness Center, a new retail strip center, and the future sports complex/fieldhouse-this property sits squarely in the path of Indianola's north-side growth. The land includes a private 5-acre pond, rolling terrain, multiple access points, and a home on the north end that can generate immediate rental income. Whether held as a strategic investment or developed immediately, this property offers unmatched location & long term upside. Rare Scale. Opportunities like this don't come along often!

## Location

- **Address:** 501 E Hillcrest Avenue, Indianola, IA 50125
- **County:** Warren
- **Coordinates:** 41.377983, -93.555273
- **Google Maps:** https://www.google.com/maps?q=41.377983,-93.555273

## Listing Agent

- **Name:** Josh Baker
- **Brokerage:** Iowa Realty Indianola
- **Phone:** 5154536616
- **Email:** joshbaker@iowarealty.com

## Primary Photo

![501 E Hillcrest Avenue - Primary Photo](http://lh.rdcpix.com/789167e3530860be003151b8cfaee389l-f4289040617r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/501-e-hillcrest-avenue-indianola-ia-50125-a741416)*

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**MLS#:** 741416 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/501-e-hillcrest-avenue-indianola-ia-50125-a741416)

---

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