# 501 E Hillcrest Avenue, Indianola, IA 50125 > **TL;DR:** land, $2,100,000. Est. $11,232/mo. Listed 163 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 | Active | | Days on Market | 163 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $10,619 | | Estimated Insurance | $613 | | **Total** | **$11,232** | ## 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 Co., Inc. - **Broker Phone:** (800) 724-2297 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/501-E-Hillcrest-Ave_Indianola_IA_50125_M99431-41815?f=listhub&s=DMAARIA&m=741416&c=propsimple) ## Photos ![501 E Hillcrest Avenue - Photo 1](http://lh.rdcpix.com/789167e3530860be003151b8cfaee389l-f4289040617r.jpg) ![501 E Hillcrest Avenue - Photo 2](http://lh.rdcpix.com/789167e3530860be003151b8cfaee389l-f567973275r.jpg) ![501 E Hillcrest Avenue - Photo 3](http://lh.rdcpix.com/789167e3530860be003151b8cfaee389l-f4043749539r.jpg) ![501 E Hillcrest Avenue - Photo 4](http://lh.rdcpix.com/789167e3530860be003151b8cfaee389l-f1117571098r.jpg) --- **MLS#:** 741416 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Des Moines Area Association of REALTORS®, 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.ai/listing/501-e-hillcrest-avenue-indianola-ia-50125-e75f96e311514d75b59862e9daf20816) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/501-e-hillcrest-avenue-indianola-ia-50125-e75f96e311514d75b59862e9daf20816#listing", "url": "https://www.propertysimple.ai/listing/501-e-hillcrest-avenue-indianola-ia-50125-e75f96e311514d75b59862e9daf20816", "name": "501 E Hillcrest Avenue, Indianola, IA 50125", "description": "Looking for a 1031 Exchange property? A rare opportunity on Indianola's thriving north side. 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