Indianola Homes under $250,000

Indianola Homes under $250,000

Welcome to Indianola, Iowa – a hidden gem nestled in the heart of Warren County. Known for its friendly community, picturesque parks, and vibrant local culture, Indianola offers a unique blend of small-town charm and modern conveniences. With a population of just over 15,000, residents enjoy a close-knit atmosphere while benefiting from the amenities of nearby Des Moines, just a short drive away.

One of the standout features of Indianola is its affordability in the housing market. For those seeking a cozy abode without breaking the bank, homes under $250,000 are plentiful. From charming bungalows to spacious family homes, there is something for everyone in this price range. Imagine settling into a welcoming neighborhood where you can host weekend barbecues, stroll through local parks, and build lasting friendships with your neighbors.

Indianola is also home to a variety of parks and recreational activities, including the beautiful Lake Ahquabi State Park, perfect for hiking, fishing, and picnicking. The city’s vibrant downtown area boasts unique shops, delightful eateries, and a bustling farmers' market, ensuring there’s always something to do.

Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Indianola’s affordable housing options make it an ideal place to call home. Embrace the warmth of this community and discover why so many are choosing to make Indianola their forever home. Explore the possibilities today and find your perfect home in this charming Iowa city!

Newest Indianola Homes under $250,000

510 S Jefferson Way, Indianola
$195,000
4 Beds ⋅ 3 Baths ⋅ 749408 MLS
Well maintained rental property on Hwy 65/69 across from Indianola's South Caseys Store. There are currently two tenants but the upstairs will become vacant at the end of October. This current rental property could be a good investment or make a nice home as a single family residence. There are currently 3 bedrooms, 1-1/2 baths, kitchen and laundry on the main level, with a kitchen/bedroom/bathroom in the upper level. The roof was replaced in 2016. Contact the listing agent as the tenants require 24 hours notice to show.

510 S Jefferson Way, Indianola
8541 Gear Street, Indianola
$250,000
1 Beds ⋅ 2 Baths ⋅ 748683 MLS
Here's your chance to have an acreage with your home attached to your 40'x60' insulated shop complete with an automotive lift! This unique 1 bedroom home sits on 2.5 acres between Norwalk & Indianola just off of a hard surface road. The entrance to the home has a covered front porch & enters into 1600 finished square feet all on one level. The open floor plan includes the living room, dining area, kitchen & entrance from the garage. Off to the side is the primary suite with laundry, a 3/4 bathroom attached & a huge closet. There is a convenient half bath located towards the garage as well. The door at the back of the home enters into a huge 40'x60' insulated shop complete with a lift for all you gear heads! This home is being sold as-is. Schedule your showing today!

8541 Gear Street, Indianola
306 N G Street, Indianola
$237,500
3 Beds ⋅ 2 Baths ⋅ 748620 MLS
Welcome home, step right in! This 3-bed 1 3/4 bath ranch home has been loved and is ready for a new owner to make it their own. The fantastic location just off of Hwy 92 means you can slip out the west side of town and get to the metro quickly. Need to get kids over to the schools? The west side of town is super convenient and allows you to sneak in and out. With a large, 2-car detached garage, huge patio, flat and useable yard that is fully fenced, the outside is just as ready to go as the inside. Each bedroom has new carpet and other items have had that, "scratch where it itches" work done. The LL offers additional room for activities, hobbies or a whatever else you can imagine along with the laundry space and a convenient 3/4 bath. Everyone NEEDS that extra bathroom! Get here fast and make this fantastic home, YOURS!

306 N G Street, Indianola
703 E Salem Avenue, Indianola
$215,000
3 Beds ⋅ 2 Baths ⋅ 748382 MLS
This classic mid century home offers original hardwood floors throughout, offers 3 bedrooms, 1.5 bathrooms, and sits on a spacious quarter-acre lot with a fully fenced backyard. Extensive updates provide peace of mind and include a new roof (2024), new HVAC system (2025), new attic insulation (2025), foundation work (2026), grading and landscaping (2026), updated sewer main (2026) and more. The additional half bath in the basement adds convenience and functionality. Enjoy the generous outdoor space and numerous improvements that make this home ready for its next owner. Don’t miss the opportunity to make this updated Indianola home your own! Seller is selling "as is" although is offering $5,000.00 at closing to make any additional updates the new owner would like.

703 E Salem Avenue, Indianola
207 W 4th Avenue, Indianola
$187,900
2 Beds ⋅ 1 Baths ⋅ 747583 MLS
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 comfort throughout the interior. New interior paint, new luxury vinyl plank flooring in the living room and kitchen, and new carpet in the bedrooms reflect recent updates. A 2 car garage provides secure storage and workspace. The covered patio extends the living area outdoors. Location highlights make this address particularly appealing. This positioning puts essential amenities and community gathering spaces within convenient distance, allowing residents to handle errands efficiently and participate in neighborhood activities without extensive travel. The combination of updated finishes, practical garage storage, and proximity to both campus and downtown Indianola creates a straightforward appeal for those prioritizing location and convenience. Contact your agent today to schedule a showing and experience this updated home firsthand. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on Homepath.com. Attach certificate to offer up to 3% closing cost assistance. Check HomePath.com for more details. Restrictions apply.

207 W 4th Avenue, Indianola
900 E Girard Avenue, Indianola
$189,000
2 Beds ⋅ 2 Baths ⋅ 747335 MLS
Unbeatable location meets incredible value-add potential in Indianola, Iowa! This 2-bedroom, 2-bathroom ranch sits on an established through-street less than 3 blocks from Emerson Elementary School, with an easy commute into Des Moines. The 0.33-acre lot backs directly onto the popular Indianola bike trail and includes a back deck overlooking a large, tree-lined yard. Major capital expenses are handled: the roof, vinyl siding, and central air conditioning are all under 6-8 years old, so buyers can focus their budget on cosmetic and lower-level updates instead of big-ticket repairs. The main floor offers 960 square feet, including 2 bedrooms, a functional kitchen/dining combo, and a spacious first-floor laundry room attached directly to the main bathroom ? a rare, convenient layout. The lower level is partially finished with 300 square feet, which includes a second full bathroom featuring a spacious tiled shower, bringing the home's finished total to roughly 1,260 square feet. Finishing the remaining lower level and adding cosmetic touches upstairs offers instant sweat equity. An attached 1-car garage and parking pad round out the property. A rare find for buyers, DIYers, or investors looking to build value in Warren County, Iowa.

900 E Girard Avenue, Indianola
707 N 4th Street, Indianola
$200,000
4 Beds ⋅ 1 Baths ⋅ 745685 MLS
Don’t miss this well-maintained 4-bedroom ranch in one of Indianola’s most convenient locations! Situated just minutes from Simpson College, Dayton Park, the historic downtown square, shopping, restaurants, fitness centers, and everyday conveniences, this home offers the lifestyle today’s buyers are looking for. The main level features 3 bedrooms and 1 full bath, while the basement includes the 4th bedroom and offers excellent potential to finish additional living space, a family room, home office, or workout area. Outside, enjoy a fully fenced backyard—perfect for pets, play, or entertaining.

707 N 4th Street, Indianola
1111 N D Street, Indianola
$244,900
2 Beds ⋅ 3 Baths ⋅ 745526 MLS
Welcome to this all-brick ranch home! The bright sunny living room flows seamlessly into a formal dining room with a built-in pantry. Hardwood floors span the main level, leading to two comfortable bedrooms, a full main bath, and an eat-in kitchen complete with a brand-new dishwasher and microwave. A main-floor addition features a secondary 3/4 bath and a convenient first-floor laundry room (washer and dryer included!). Downstairs, find a partially finished rec room with an extra shower and laundry area. Enjoy the fully fenced yard, mature trees, a 24x24 detached garage, and a large, partially covered deck perfect for entertaining. Leaf Guard gutters offer peace of mind. All this, tucked away in a quiet neighborhood just steps from local schools, the library, shopping, and the community pool.

1111 N D Street, Indianola
100 W Boston Avenue, Indianola
$240,000
6 Beds ⋅ 3 Baths ⋅ 743439 MLS
Rare opportunity to own a spacious 6-bedroom, 3-bath home just minutes from Simpson College and the historic Indianola Town Square! Offering nearly 3,000 square feet of living space, this property combines size, flexibility, and value with endless possibilities for homeowners, investors, or multi-generational living. The large kitchen serves as the heart of the home, featuring a center island, abundant cabinet storage, and plenty of room for gathering and entertaining. Recent major updates provide peace of mind, including newer drywall and paint, updated main electrical service, newer roof, and a new main sewer line installed in 2023. A dry basement system was professionally installed in 2019. The home features three separate entrances, creating opportunities for flexible living arrangements or future use options. The former carport/garage has been converted into additional bedroom and living space, adding even more versatility to the floor plan. With many of the major improvements already completed, this home is ready for its next owner to add their personal touches and make it their own. Whether you're looking for extra space, rental potential, or a property with room to grow, this unique Indianola home is one you won't want to miss!

100 W Boston Avenue, Indianola
911 N Howard Street, Indianola
$210,000
3 Beds ⋅ 2 Baths ⋅ 742739 MLS
A lot of home for $210,000 in Indianola! This charming 1.5-story home offers 3 bedrooms, 1.5 baths, a flexible layout, and several major updates already completed. The main level features a spacious living room, dining area, kitchen with plenty of cabinet and counter space, plus a primary bedroom, half bath, and convenient main-level laundry. Upstairs are two additional bedrooms, a full bath, and a bonus nook perfect for an office, playroom, reading area, or extra flex space. Outside, enjoy a fully fenced backyard with plenty of room to play, entertain, garden, or relax. Updates include windows in 2022, roof in 2023, and furnace and A/C in 2023. Conveniently located near parks, trails, shopping, dining, and Highway 65. With space and updates, this Indianola home is ready for its next owner. Schedule your showing today!

911 N Howard Street, Indianola
503 W 2nd Avenue, Indianola
$140,000
3 Beds ⋅ 1 Baths ⋅ 740651 MLS
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

503 W 2nd Avenue, Indianola
104 E Boston Avenue, Indianola
$194,900
1 Beds ⋅ 5 Baths ⋅ 740926 MLS
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 ¾ baths. Upper unit has been converted into 1 large space featuring 2 kitchens/baths and living spaces, perfect for friend to be close but have individual spaces. 1 BR larger unit with separate entrance at the back of the property. Common area backyard and additional income potential with a 1 car detached garage. Fully rented & providing steady cash flow & quality return. 24-hour notice to preview.

104 E Boston Avenue, Indianola
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