Agricultural Farm with
For Sale
$1,387,050
139th Trail, Lovilia, IA 50150
Land, IA
Property SizeContact for details
Lot Size198.15 Acres
Days on Market114
Property Features for 139th Trail
General Information
Property type
Land
Property subtype
Other
Zoning
Ag
Elementary school district
Albia Community
Middle school district
Albia Community
High school district
Albia Community
Directions
From Highway 5 north of Albia, head west on 139th Trail for approximately 3.6 miles. The property will be located on the left-hand side.
Subdivision
Lovilia
Standard status
Active
APN
040929001000000,040929002000000,040828012002000,04
Lot size
198.15 Acres
Taxes and HOA fees
Tax Description
To be taken from abstract.
Tax Annual Amount
2494
Legal Description
To be taken from abstract.
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Zeb Guinn
(641) 895-8486
Added: May 7
Changed: Aug 19
Last Checked: Aug 28 at 8:06PM
MLS# 740350
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Monroe County farm contains 198.15 acres, including approximately 190 acres presently leased for tillable production. The lease extends through the 2026 crop year, while full farming rights become available beginning in 2027. Agricultural improvements include tile terraces, waterways, and surface drainage features across rolling terrain managed with conservation practices.
Access is available from two sides of the property. A small pond contributes to the tract’s drainage system and provides an additional recreational feature. The property also includes a potential building site with rural views. Zoning is Ag.
Access is available from two sides of the property. A small pond contributes to the tract’s drainage system and provides an additional recreational feature. The property also includes a potential building site with rural views. Zoning is Ag.
Key Highlights
- 198.15‑acre farm in Monroe County, Iowa
- Approximately 190 acres currently leased as tillable
- Lease covers the 2026 crop year; full farming rights available beginning in 2027
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 50150, IA
816
Population
356
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
93%
High-School Grad
56.0 sq mi
ZIP Area
15
Density / Sq Mi
$64,844
Median Household Income
$43,679
Median Earnings
$783
Median Rent
$119,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Farm - Ag-zoned acreage includes two-sided access, a small pond, and a potential building site.
Where is this farm located?
The property is located at 139th Trail Lovilia, IA.
What is the asking price?
The asking price for this property is $1,387,050.
What are key features of this property?
This property features: 198.15‑acre farm in Monroe County, Iowa; Approximately 190 acres currently leased as tillable; Lease covers the 2026 crop year; full farming rights available beginning in 2027
