Productive Farmland in Monroe
139th Trail Lovilia, IA 50150
For Sale
$1,387,050
LAND - Other - Lovilia, IA
Lot Size198.15 Acres
Days on Market83
Property Features for 139th Trail
General Information
Property type
Land
Property subtype
Other
Standard status
Active
APN
040929001000000,040929002
Lot size
198.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
To be taken from abstract.
Tax Annual Amount
2494
Building Details
Architectural style
Other
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Zeb Guinn
(515) 222-1347
Added: May 7
Changed: May 8
Last Checked: Jul 28 at 6:06PM
MLS# 6338093
Copyright © 2026 NoCoast MLS. 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.
Located in Monroe County, Iowa, this productive 198-acre farm offers an opportunity to acquire quality tillable farmland. Approximately 190 acres are currently leased as tillable, providing efficiency and returns. The farm is leased for the 2026 crop year, with full farming rights available beginning in 2027, allowing flexibility for future ownership plans. This tract features tile terraces, waterways, and effective surface drainage, supporting yields and soil conservation. A small pond adds drainage support and recreational appeal, while the rolling terrain has been managed to balance productivity, fertility, and conservation practices. With access from two sides and a potential building site offering scenic rural views, this property combines income potential with future development opportunities. This tract presents a versatile and attractive option for expanding an existing operation or investing in Iowa farmland.
Key Highlights
- High Tillable Acreage: Approximately 190 acres tillable, ensuring strong income potential.
- Income‑Generating Lease: Currently leased for the 2026 crop year, providing immediate returns.
- Full Farming Rights in 2027: Offers flexibility for future ownership.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Farm - 198-acre farm with tillable land and investment appeal.
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: High Tillable Acreage: Approximately 190 acres tillable, ensuring strong income potential.; Income‑Generating Lease: Currently leased for the 2026 crop year, providing immediate returns.; Full Farming Rights in 2027: Offers flexibility for future ownership.
