# 503 W 2nd Avenue, Indianola, IA 50125

> **TL;DR:** 3bd/1ba single family, $140,000 ($114/sqft), built 1900, 1,224 sqft.
> A/C. Est. $607/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $140,000 |
| Price/sqft | $114 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,224 |
| Year Built | 1900 |
| Lot Size | 8,002 sqft (0.18 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 19 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $607 |
| **Total** | **$607** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.18 acre lot

## Description

### Agent Description
Here is a home or investment opportunity for less than $150,000! This as-is home is already producing rent with a long-term tenant so it is instant income for an investor. This 3-bedroom home also includes 2 garages on site that are not use by the tenant, so it comes with all the extra storage you may need. The water heater was replaced in 2023 and the furnace was new in 2022. Check this home out today. All information was obtained by the seller and public records

## Location

- **Address:** 503 W 2nd Avenue, Indianola, IA 50125
- **County:** Warren
- **Coordinates:** 41.358167, -93.566642
- **Google Maps:** https://www.google.com/maps?q=41.358167,-93.566642

## Listing Agent

- **Name:** Jon Kilpatrick
- **Brokerage:** Realty ONE Group Impact
- **Phone:** 5154181896
- **Email:** jon@teamg6t.com

## Primary Photo

![503 W 2nd Avenue - Primary Photo](http://lh.rdcpix.com/2198b0d7bff70377599c56358490e1d9l-f2444204979r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/503-w-2nd-avenue-indianola-ia-50125-a740651)*

---

**MLS#:** 740651 | **Updated:** 2026-06-19
**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.com/listing/503-w-2nd-avenue-indianola-ia-50125-a740651)

---

## Structured Data

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  "name": "503 W 2nd Avenue, Indianola, IA 50125",
  "description": "Here is a home or investment opportunity for less than $150,000! This as-is home is already producing rent with a long-term tenant so it is instant income for an investor. This 3-bedroom home also includes 2 garages on site that are not use by the tenant, so it comes with all the extra storage you may need. The water heater was replaced in 2023 and the furnace was new in 2022. Check this home out today. All information was obtained by the seller and public records",
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