15420 140th Ave Indianola, IA 50125
Property details
About 15420 140th Ave
Gorgeous New Construction Acreage in Indianola – 4 Bed, 3 Bath, 2.82 Acres – No Covenants or HOA! Enjoy peaceful country living just minutes from town with this brand-new custom home on 2.82 acres in Warren County. No covenants or HOA, offering flexibility for a hobby farm, outbuildings, or simply wide open space. Home features 4 bedrooms, 3 full bathrooms, 2 separate living rooms, and 2,381 total sq ft of finished living space. Open concept main level with vaulted ceilings, large windows for natural light, and a cozy fireplace with faux wood beam accents. The kitchen boasts a large island, butler’s pantry, and direct access to the back deck—plumbed with gas for grilling. Primary suite includes French doors to the front deck, trayed ceiling, walk-in tiled shower, dual vanity sinks, and a large closet with laundry hook-ups. Basement is fully finished with 2 bedrooms, full bath, rough-ins for a wet bar, and plenty of storage. Exterior highlights include a 3-car extra-deep, extra-wide garage with hot/cold hydrant, over 700 sq ft of front and back deck space, custom landscaping, stone walkway, and daylight gutter & drain tile system. Located 1 mile off a hard surface road, under 5 miles to downtown Indianola, and 22 miles to DSM Airport. Don’t miss this rare opportunity for a new construction acreage with no restrictions!
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Carpet, Tile
- Interior: Dining Area, Eat-in Kitchen
- Fireplace: Electric
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Attached, Garage, Three Car Garage
- Exterior: Deck, Patio
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas, Propane
- Cooling: Central Air
- List Price: $595,000
- Price/SqFt: $430
- Annual Tax Amount: $40
- Tax Year: 2024
- Directions: From Indianola head south on Hwy 65/69 for approximately 2 miles. Turn left at McGregor Street and follow the curve until it Ts at 140th Ave. Turn right and head south approximately 1.7 miles. Property will be on the west side of the road. For less gravel take Hwy 65/69 and turn left on Hwy 65, head east for 2 miles to 140th Ave, then head north for one mile. Google Maps will take you just down the road, call LA with questions.
- Year Built: 2024
- Living Area: 1,381 SqFt
- Lot Size: 2.82 Acres
- MLS Number: 716611
- MLS Name: DMAAR
- Office Name: Midwest Land Group LLC
- Office Phone: (913) 674-8010
- Office Email: mls@midwestlandgroup.com
- Listing Agent: Creger, Aaron
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$595,000
15420 140th Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,000 | $40 |
History based on county public records data.
Nearby schools
5
Emerson Elementary
Public District KG-5
4.4 mi
•1109 E Euclid Ave
9
Irving Elementary
Public District KG-5
4.5 mi
•500 W Clinton Ave
7
Whittier Elementary
Public District PK-5
4.6 mi
•1306 W Salem Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,537. Typical income of Indianola, IA residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 15420 140th Ave
The listing price of 15420 140th Ave property is $595,000.
The property 15420 140th Ave is land located in Indianola, Iowa, 50125.
Active Listing: 15420 140th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15420 140th Ave are: Emerson Elementary (GreatSchools Rating 5/10), Irving Elementary (GreatSchools Rating 9/10), Whittier Elementary (GreatSchools Rating 7/10), Indianola Middle School (GreatSchools Rating 6/10), Norwalk Middle School (GreatSchools Rating 4/10), Carlisle Middle School (GreatSchools Rating 4/10), Indianola High School (GreatSchools Rating 5/10), Southeast Warren Jr. - Sr. High School (GreatSchools Rating 5/10), Martensdale - St. Marys Jr. / Sr. High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $40 (source: MLS/based on county public records data).
The property 15420 140th Ave is 2.82 acres.
The property 15420 140th Ave is 1,381 SqFt (source: MLS/tax record).
The year of construction for 15420 140th Ave is 2024.
This home is located at 15420 140th Ave in Indianola, IA and zip code 50125. This 1,381 square foot home, which was built in 2024, sits on a 2.82 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 27, 2025 and is currently priced at $595,000.
In April 2025 more than 2 listings in Indianola, IA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 9 were sold below. Between March and April 2025, Indianola, IA real estate market has seen increase in the number of listings by 10.3%. In April 2025 median list price was $287,833 and the average listing age was 41 days.