Indianola, IL, Real Estate

Indianola, Illinois, is a small, unincorporated village in Carroll Township, Vermilion County, located in the eastern part of the state. With a population of just a few hundred, it embodies the quiet, rural charm of the Midwest, surrounded by sprawling farmland and open landscapes. The village, once a stop along the Chicago and Eastern Illinois Railroad, has a rich history tied to agriculture and small-town community life. Today, Indianola maintains a peaceful atmosphere with limited amenities, including a few local businesses and community spaces, where residents value simplicity and close-knit connections. Its proximity to larger towns like Danville offers access to more services while preserving Indianola’s serene, off-the-beaten-path vibe.

Indianola currently has 1 lot for sale with a list price of $426,800. The average annual property tax for Indianola is $4,400.99.

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Absorption Report

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Real Estate News

Homes Just Sold in Indianola: December 9th to December 15th

Homes Just Sold in Indianola: December 9th to December 15th - December 16, 2025

Indianola had only 1 sale during the week of Tuesday, December 9 to Monday, December 15, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Indianola: October 18th to October 24th

New Homes with Master Bedrooms on the 1st Floor in Indianola: October 18th to October 24th - October 25, 2025

Indianola had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, and it ... continue reading
New Homes For Sale This Week in Indianola: October 17th to October 23rd

New Homes For Sale This Week in Indianola: October 17th to October 23rd - October 24, 2025

Indianola had only 1 new home for sale during the week of Friday, October 17 to Thursday, October 23, including and it was a single family home for sale with ... continue reading
New Homes For Sale This Week in Indianola: June 20th to June 26th

New Homes For Sale This Week in Indianola: June 20th to June 26th - June 27, 2025

Indianola had only 1 new home for sale during the week of Friday, June 20 to Thursday, June 26, including and it was a lot for sale with a list ... continue reading
Homes Just Sold in Indianola: April 1st to April 7th

Homes Just Sold in Indianola: April 1st to April 7th - April 8, 2025

Indianola had only 1 sale during the week of Tuesday, April 1 to Monday, April 7, including and it was a single family home for sale with a list price ... continue reading
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