1400 E Iowa Ave Indianola, IA 50125
Estimated payment $10,393/month
About This Lot
Peoples Company is pleased to present this 11,900 sq ft warehouse situated on 1.13 acres M/L located in Indianola, Iowa. The property is zoned M2 General Industrial and built for efficiency and durability. The insulated building features twelve 12'x14' overhead doors, radiant overhead heat (80,000 BTU) separated into 2 units, 8-inch thick concrete floors with floor drains, and two bathrooms. The building has a flexible open layout currently divided into two spaces (90'x70' & 80'x70') and could be divided again, already having 4 separate electrical meters in place.
Outside, features large paved parking areas in both the front and rear, plus a bulk storage containment area for extra utility. Ideal for a construction operation, warehouse space, or as a strong investment opportunity in a growing industrial market.
- 12 - 12'x14' overhead doors
- Current building split is 80'x70' & 90'x70' for a total of 11,900 SQFT.
- 2 - 80,000 BTU overhead radiant heat units with one unit on each side.
- 4 Electrical meters for additional subdivision if needed.
- 8-inch concrete floors with heavy-duty center drains
- 2 bathrooms
- This property is currently leased, but the tenant is moving out. Please contact the listing agent for more information.
- This property has approval for a driveway off E Iowa Avenue. The property is currently accessible via an ingress-egress easement using the neighboring driveway to the west.
Property Details
Property Type
- Land
Est. Annual Taxes
- $29,840
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,840 | $1,302,500 | $161,000 | $1,141,500 |
| 2024 | $30,090 | $937,000 | $143,700 | $793,300 |
| 2023 | $28,408 | $937,000 | $143,700 | $793,300 |
| 2022 | $26,548 | $868,600 | $143,700 | $724,900 |
| 2021 | $21,656 | $839,600 | $143,700 | $695,900 |
| 2020 | $21,656 | $695,600 | $79,700 | $615,900 |
| 2019 | $11,734 | $753,700 | $79,700 | $674,000 |
| 2018 | $10,276 | $0 | $0 | $0 |
| 2017 | $8,680 | $0 | $0 | $0 |
| 2016 | $8,682 | $0 | $0 | $0 |
| 2015 | $8,682 | $0 | $0 | $0 |
| 2014 | $9,326 | $336,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $1,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $208,000 | None Available |
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