30

Indianola, IA Homes for Sale under $200,000

Section Image
  • /11

    $64,000

    $15K PRICE INCREASE
    • Land
    • 9,583 Sq Ft
    • $290,909 per Acre

    Lot 12 W Lincoln Place, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 12 W Lincoln Place, Indianola, IA 50125
  • /23

    $199,900

    • Studio
    • 5 Baths
    • 1,776 Sq Ft

    104 E Boston Ave, Indianola, IA 50125

    Investment opportunity is knocking! 4-unit rental with 3 studio apartments & a 1 BR apartment near the Indianola square. Recently updated electric meter & panel plus much of the unit is rewired to save you THOUSANDS!! Main level included 2 studio apartments including kitchenettes and 3⁄4 baths. Upper unit has been converted into 1 large space featuring 2 kitchens/baths and living spaces, perfect

    Emily Keller Iowa Realty Indianola

    104 E Boston Ave, Indianola, IA 50125
  • /10

    $108,900

    $1K PRICE DROP
    • Land
    • 37,897 Sq Ft
    • $125,172 per Acre

    1308 W 13th Place, Indianola, IA 50125

    Looking to build? Check out this cul-de-sac lot in Indianola! The development is close to Deer Run Golf Course. New 5 year residential tax abatement starting at 100% for Year 1 and decreasing 20% each year after that through Year 5! Build with Ground Breaker Homes or bring your own builder! Ask for details!

    Kalen Ludwig Peoples Company

    1308 W 13th Place, Indianola, IA 50125
  • /35

    $195,000

    $10K PRICE DROP
    • Studio
    • 2 Baths
    • 2,095 Sq Ft

    510 S Jefferson Way, Indianola, IA 50125

    Investment property or Personal home. You decide. This home was converted to a duplex several years ago, with a 3-Bedroom, 1-1/2 bath on the main level and 1-Bedroom, 1-Bath apartment on the upper level. The main level also has its own laundry. Long term tenants are now on a month-to-month lease arrangement. Identified buyers only. Included items noted on the SD. Proof of funds and/or a

    Terry Pauling ITown Real Estate, LLC

    510 S Jefferson Way, Indianola, IA 50125
  • /2

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,224 Sq Ft

    503 W 2nd Ave, Indianola, IA 50125

    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

    Jon Kilpatrick Realty ONE Group Impact

    503 W 2nd Ave, Indianola, IA 50125
  • /7

    $65,000

    $15K PRICE INCREASE
    • Land
    • 15,681 Sq Ft
    • $180,556 per Acre

    Lot 11 W Lincoln Place, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 11 W Lincoln Place, Indianola, IA 50125
  • /18

    $159,900

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,206 Sq Ft

    410 N 1st St Unit 201, Indianola, IA 50125

    2nd-floor condo with elevator access offers easy, convenient living and makes this a highly desirable unit. Featuring one of the largest floor plans in the building, this home boasts a spacious covered balcony, abundant storage, and a thoughtfully designed layout you will love. The well-maintained 2-bedroom, 2-bath condo has been lovingly cared for and offers oversized bedrooms, each with large

    Tanner Loyd Iowa Realty Indianola

    410 N 1st St Unit 201, Indianola, IA 50125
  • /24

    $1

    • Land
    • 6.63 Acres

    0 Ave Unit 732153, Indianola, IA 50125

    Build-to-Suit Commercial & Rural Opportunity on Nevada Street Pavement – Indianola, Iowa An exceptional commercial and rural development opportunity is available for lease or sale on paved Nevada Street in Indianola, Iowa, offering flexibility, visibility, and convenience within a growing market. The property is already zoned for commercial or rural commercial use, making it well suited for users

    Jake Sickels Peoples Company

    0 Ave Unit 732153, Indianola, IA 50125
  • /8

    $57,000

    $15K PRICE INCREASE
    • Land
    • 10,018 Sq Ft
    • $247,826 per Acre

    Lot 16 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 16 N Ct, Indianola, IA 50125
  • /7

    $135,000

    $15K PRICE DROP
    • Land
    • 3.62 Acres
    • $37,293 per Acre

    00 Illinois St, Indianola, IA 50125

    Escape to your own slice of peaceful country living on this beautiful 3.62-acre parcel approximately 2 miles from Indianola. Tucked away on about a quarter mile of gravel, this property offers the perfect balance of privacy and convenience. Mature trees, a gentle creek, and abundant wildlife create a serene natural setting ideal for building your dream home or weekend retreat. Enjoy the quiet

    Susan Vander Waal Iowa Realty South

    00 Illinois St, Indianola, IA 50125
  • /31

    $195,500

    $4K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,380 Sq Ft

    1401 N 6th St Unit 3, Indianola, IA 50125

    Welcome to this beautifully maintained 2-story townhome offering 3 bedrooms, 2.5 baths and 1,380 sq ft of comfortable living space. Situated on a unique lot with open views, this property combines privacy and convenience with true zero-maintenance living. The main level features an open floorplan with abundant natural light, durable wood-style flooring, and a spacious living area that flows

    Timothy Lucken Real Broker, LLC

    1401 N 6th St Unit 3, Indianola, IA 50125
  • /3

    $123,500

    $25K PRICE DROP
    • Land
    • 2.69 Acres
    • $45,911 per Acre

    0 Quincy St, Indianola, IA 50125

    Discover 2.69 acres in a distinguished executive development, offering privacy, space and timeless appeal. This premier lot backs to a serene shared pond and provides the perfect setting for a potential walkout basement design. Paved highway access ensures convenience, while quiet gravel roads within the community preserve exclusivity and the seclusion you're seeking. With a vacant neighboring

    Rachel Knutsen Boutique Real Estate

    0 Quincy St, Indianola, IA 50125
  • /27

    $137,000

    $2K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 802 Sq Ft

    403 N I St, Indianola, IA 50125

    This 2-bedroom, 1-1/2 bath home is situated in a quiet neighborhood not far from most necessities. Included on the lot is a 3-car detached garage that has a wood stove to help keep it warm on those cold winter evenings. In between the house and garage is a deck where the family can gather to tell stories and reminisce. The garage roof was replaced in August 2025 and the Hot Water heater was

    Terry Pauling ITown Real Estate, LLC

    403 N I St, Indianola, IA 50125
  • /10

    $137,900

    $27K PRICE DROP
    • Land
    • 2.01 Acres
    • $68,607 per Acre

    7555 86th Ln, Indianola, IA 50125

    Vista Ridge is an executive development by Ground Breaker Homes located south of Norwalk, Iowa, off of Highway R57 with easy access to the Des Moines Metro and great views overlooking Middle River Valley. Plat 1 consists of four lots with shared drive access directly off of the highway, ranging from 2.6 acres to 3.3 acres in size, and the choice of open space with a view or secluded timber. Plat

    Kalen Ludwig Peoples Company

    7555 86th Ln, Indianola, IA 50125
  • /11

    $64,000

    $15K PRICE INCREASE
    • Land
    • 9,147 Sq Ft
    • $304,762 per Acre

    Lot 13 W Lincoln Place, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 13 W Lincoln Place, Indianola, IA 50125
  • /16

    $130,000

    • Land
    • 2.2 Acres
    • $59,091 per Acre

    00 Kennedy St, Indianola, IA 50125

    I'm pleased to market this 2.2-acre building site on Kennedy Street, just east of Indianola, Iowa, and only a half mile off of Highway S23 pavement. This property offers incredible views in every direction of the rural Iowa countryside, state-owned recreational land, agricultural fields, and a wide variety of wildlife. The topography of this tract is excellent and conducive for daylight, flat,

    Jake Sickels Peoples Company

    00 Kennedy St, Indianola, IA 50125
  • /2

    $1

    • Land
    • 3.93 Acres

    1100 N Jefferson Way, Indianola, IA 50125

    Rare commercial development opportunity in the heart of Indianola — up to 4 acres available, with flexibility to subdivide to fit your project. Positioned directly on Hwy 65/69, one of the city's highest-traffic commercial corridors, offering unmatched visibility and easy access for customers. Located in an established retail hub alongside Walmart, Walgreens, Hy-Vee, and T-Mobile, this site

    Cassi Sinclair Realty ONE Group Impact

    1100 N Jefferson Way, Indianola, IA 50125
  • /8

    $75,000

    $15K PRICE INCREASE
    • Land
    • 16,988 Sq Ft
    • $192,308 per Acre

    Lot 23 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 23 N Ct, Indianola, IA 50125
  • /8

    $75,000

    $15K PRICE INCREASE
    • Land
    • 16,552 Sq Ft
    • $197,368 per Acre

    Lot 22 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 22 N Ct, Indianola, IA 50125
  • /7

    $75,000

    $25K PRICE INCREASE
    • Land
    • 16,552 Sq Ft
    • $197,368 per Acre

    Lot 10 W Lincoln Place, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 10 W Lincoln Place, Indianola, IA 50125
  • /24

    $195,900

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    207 W 4th Ave, Indianola, IA 50125

    This ranch style home showcases a brand new kitchen with granite countertops and stainless steel appliances, positioning it as a practical choice for buyers seeking updated living space in Indianola. The single-story layout and refreshed interior make this residence move-in ready. The newly renovated kitchen includes a dishwasher for everyday convenience, while central air conditioning maintains

    Diana Pastor Country Estates Realty

    207 W 4th Ave, Indianola, IA 50125
  • /35

    $199,900

    $9K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,112 Sq Ft

    402 W Ashland Ave, Indianola, IA 50125

    Opportunity awaits with this well-maintained up/down duplex featuring two 2-bedroom, 1-bath units and a blend of timeless character and modern updates. Looking for an investor looking to maximize rental income. The upper unit is leased through December 31, 2026 at $850, lower unit is rented July 1st at $1325 offering immediate cash flow.Built with classic early-1900s charm, this property

    Justin Marshall RE/MAX Results

    402 W Ashland Ave, Indianola, IA 50125
  • /15

    $30,000

    $20K PRICE DROP
    • Land
    • 15,119 Sq Ft
    • $86,430 per Acre

    Lot W Euclid Ave, Indianola, IA 50125

    Nestled within a well-established neighborhood and within walking distance to Wilder Elementary. Filled with mature trees but has a cleared out space for a future build, this lot is ready to go! Also, look into Indianola's tax abatement program for even more savings!

    Misty Darling BH&G Real Estate Innovations

    Lot W Euclid Ave, Indianola, IA 50125
  • /4

    $61,000

    $15K PRICE INCREASE
    • Land
    • 18,295 Sq Ft
    • $145,238 per Acre

    Lot 18 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 18 N Ct, Indianola, IA 50125
  • /5

    $75,000

    $15K PRICE INCREASE
    • Land
    • 1.61 Acres
    • $46,584 per Acre

    Lot 20 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 20 N Ct, Indianola, IA 50125
  • /8

    $150,000

    • Land
    • 4 Acres
    • $37,500 per Acre

    12735 G58 Hwy, Indianola, IA 50125

    A great opportunity to bring your own builder on this 4 acre lot on pavement. There are 2 existing pads to be for graded structures. Utilities are at the road and rural water is a possibility.

    Michelle Hanson RE/MAX Concepts

    12735 G58 Hwy, Indianola, IA 50125
  • /8

    $65,000

    $15K PRICE INCREASE
    • Land
    • 14,061 Sq Ft
    • $201,363 per Acre

    Lot 17 N Ct, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 17 N Ct, Indianola, IA 50125
  • /10

    $99,900

    $35K PRICE DROP
    • Land
    • 2.93 Acres
    • $34,096 per Acre

    7675 R57 Hwy, Indianola, IA 50125

    Vista Ridge is an executive development by Ground Breaker Homes located south of Norwalk, Iowa, off of Highway R57 with easy access to the Des Moines Metro and great views overlooking Middle River Valley. Plat 1 consists of four lots with shared drive access directly off of the highway, ranging from 2.6 acres to 3.3 acres in size, and the choice of open space with a view or secluded timber. Plat

    Kalen Ludwig Peoples Company

    7675 R57 Hwy, Indianola, IA 50125
  • /6

    $65,000

    $15K PRICE INCREASE
    • Land
    • 15,246 Sq Ft
    • $185,714 per Acre

    Lot 8 W Lincoln Place, Indianola, IA 50125

    Established development with a few prime lots remaining—walk-out, daylight, and flat options available. All lots sit on a quiet cul-de-sac with low traffic. Bring your own builder or ask about our custom build options. Affordable land like this is hard to find—use the savings to upgrade your home or lower your monthly payment. Creative options available to help make it easy for you. Act

    Tanner Loyd Iowa Realty Indianola

    Lot 8 W Lincoln Place, Indianola, IA 50125
  • /13

    $600

    • 2 Beds
    • 1 Bath
    • 730 Sq Ft

    55 Lincoln Ave Unit 55LL, Indianola, IA 50125

    Contractor's Special! Located in the all ages manufactured home community of North American Manufactured Home Community, this home is a 1977 New Style with 2 bedrooms and 1 bathroom at approximately 730 square feet. This home has a spacious layout and great location! North American Manufactured Home Community offers a friendly atmosphere, generously sized home sites, and streets made for strolls

    Natalie Stowe North American Manufactured Home Community

    55 Lincoln Ave Unit 55LL, Indianola, IA 50125

Home Price Trends

Median Sale Price
$326,495
Median Single Family Sale Price
$338,990
Median 2 Bedroom Sale Price
$190,000
Median 1 Bedroom Sale Price
$195,000
Median Studio Sale Price
$434,900
Average Price Per Sq Ft
$230
Number of Homes for Sale
105
Last 12 months Home Sales
362
Months of Supply
3.50
Median List Price
$339,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home