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Tillable Farmland with Pond
For Sale
$1,387,050

139th Trail, Lovilia, IA 50150

LAND - Other - Lovilia, IA

Property SizeContact for details
Lot Size198.15 Acres
Days on Market97

Property Features for 139th Trail

General Information

Property type Land
Property subtype Other
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.
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
Legal Description To be taken from abstract.

Building Details

Architectural style Other
Listing Agency: Peoples Company
Listed By: Zeb Guinn
Added: May 7 Changed: Aug 4 Last Checked: Aug 11 at 9:06PM
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.

This 198.15-acre agricultural property in Monroe County, Iowa, includes approximately 190 acres currently operated as tillable farmland. The tract features tile terraces, waterways, and surface drainage improvements, with rolling terrain managed through fertility and conservation practices. A small pond is also located on the property.

The farm is leased for the 2026 crop year, with full farming rights available beginning in 2027. Access is provided from two sides, and the property includes a potential building site with rural views. The combination of tillable acreage, existing conservation infrastructure, pond, and future farming access creates a flexible agricultural holding.

Key Highlights

  • 198.15‑acre agricultural property in Monroe County, Iowa
  • Approximately 190 acres currently leased as tillable farmland
  • Lease covers the 2026 crop year; full farming rights begin in 2027

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Productive agricultural tract with established drainage improvements, dual-side access, and a potential rural building site.
Where is this agricultural land / farmland 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 agricultural property in Monroe County, Iowa; Approximately 190 acres currently leased as tillable farmland; Lease covers the 2026 crop year; full farming rights begin in 2027
More about this property
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