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503 W 2nd Avenue, Indianola, IA 50125
$140,000

MLS# 740651
Bedrooms 3
Bathrooms 1
Total Sq.ft 1,224
Property Type Residential
Style Ranch
Stories 1
Basement CrawlSpace
Year Built 1900

Property 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

Legal: 25-76-24 AUDITORS OUT LOTS N 100' OL 137 and 25-76-24 AUDITORS OUT LOTS S 50' OL 137

Status: Active

Property Information

MLS # 740651 List Price $140,000 Category Sale Sub Type Residential Property Style Ranch Property Type Residential Address 503 W 2nd Avenue City Indianola County Warren State IA Postal Code 50125 Bedrooms 3 Building Area Total 1224 Bathrooms 1 Full Bathrooms 1 Stories 1 Basement CrawlSpace SQFT 1224 Lot Size 12000 Garage Type Detached, Garage, ThreeCarG Garage Stalls 4 Lake/River Name Indianola Taxes 2076 Tax Year 2025 Year Built 1900 Elementary School District Indianola

Features

Lot Features RectangularLot Interior Features DiningArea Architectural Style Ranch Appliances Refrigerator, Stove

Utilities

Heating ForcedAir, Gas, NaturalGas Water Source Public Sewer PublicSewer Cooling CentralAir Fireplace No

Miscellaneous

Construction Materials MetalSiding

LISTED BY

Realty ONE Group Impact, Jon Kilpatrick (515.418.1896)

Property Location

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This Residential property at 503 W 2nd Avenue (MLS # 740651) is located in Indianola, IA. Listed on Lauren Moore Realtor, this Residential home is priced at $140,000. This 3 bedroom property in Indianola at 503 W 2nd Avenue offers 1224 sqft, 1 bathrooms, and was built in 1900. Whether you're looking for new listings in Indianola or specifically on 503 W 2nd Avenue, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.