 The asteroid was first observed as A903 QA at Heidelberg Observatory on 24 August 1903, where the body's observation arc begins on the following night.Based on Lutz Schmadel's own research, this minor planet was named from Greek mythology, after Iole, daughter of King Eurytus of Oechalia and wife by force of divine hero Heracles.The naming was not mentioned in "The Names of the Minor Planets" by Paul Herget in 1955.