501 E Hillcrest Ave Indianola, IA 50125
Estimated payment $11,932/month
Highlights
- 48 Acre Lot
- 1 Fireplace
- Forced Air Heating and Cooling System
- Deck
- No HOA
- Family Room Downstairs
About This Home
48 acres m/l in a prime location. Opportunities like this simply do not come available often. This beautifully maintained acreage offers 4 bedrooms and 2 bathrooms, with hardwood floors throughout the main level. Step outside to the spacious back deck and take in panoramic views of your very own 48 acres m/l — on the north side of town.
A private 5-acre pond provides the perfect setting for fishing, wildlife watching, or peaceful mornings by the water. The property includes a 2-car attached garage, an additional 2-car detached garage, and two versatile outbuildings offering endless possibilities for storage, hobbies, or equipment.
Multiple access points and a convenient turnaround driveway make navigating the property effortless. With its unmatched acreage, privacy, and proximity to town amenities, this is truly a one-of-a-kind opportunity. All of the growth in Indianola is happening on the north side, and this property sits just south of the Medical park, New strip center, and the new Sports complex/fieldhouse that is being built. You can't ask for a better location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,318
Year Built
- Built in 1971
Lot Details
- 48 Acre Lot
- Irregular Lot
- Property is zoned Ag
Home Design
- Split Level Home
- Asphalt Shingled Roof
Interior Spaces
- 978 Sq Ft Home
- 1 Fireplace
- Family Room Downstairs
- Dining Area
- Dryer
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
Parking
- 4 Garage Spaces | 2 Attached and 2 Detached
- Gravel Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 49360000010, 49023190400, 49023190428, 49023190450
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 | $3,710 | $193,400 | $19,300 | $174,100 |
| 2024 | $3,660 | $202,700 | $13,700 | $189,000 |
| 2023 | $3,530 | $202,700 | $13,700 | $189,000 |
| 2022 | $3,486 | $163,600 | $10,600 | $153,000 |
| 2021 | $3,456 | $164,500 | $11,500 | $153,000 |
| 2020 | $3,456 | $154,100 | $12,000 | $142,100 |
| 2019 | $3,010 | $154,100 | $12,000 | $142,100 |
| 2018 | $2,874 | $132,000 | $0 | $0 |
| 2017 | $2,418 | $132,000 | $0 | $0 |
| 2016 | $2,604 | $120,700 | $0 | $0 |
| 2015 | $2,604 | $120,700 | $0 | $0 |
| 2014 | $224 | $18,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $2,200,000 | -- | $2,249 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,500,000 | Simpson Jensen Abels Fischer & | |
| Warranty Deed | $320,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Purchase Money Mortgage |
Source: Des Moines Area Association of REALTORS®
MLS Number: 730939
APN: 49360000010
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