Productive Farmland in Monroe
For Sale
$1,387,050
139th Trail, Lovilia, IA 50150
LAND - 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
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 4
Last Checked: Aug 11 at 9:06PM
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.
Located in Monroe County, Iowa, this productive 198-acre farm offers an opportunity to acquire quality tillable farmland with strong income and long-term investment appeal. Approximately 190 acres are currently leased as tillable, providing efficiency and consistent 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 well-maintained tract features tile terraces, waterways, and effective surface drainage, supporting strong yields and long-term soil conservation. A small pond adds both functional drainage support and recreational appeal, while the rolling terrain has been carefully managed to balance productivity, fertility, and conservation practices across the farm. 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 high-quality Iowa farmland.
Key Highlights
- 190 acres of tillable land providing consistent income.
- Leased through 2026, full farming rights available in 2027.
- Well‑maintained with tile terraces, waterways, and effective surface drainage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Farm - 198-acre Iowa 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: 190 acres of tillable land providing consistent income.; Leased through 2026, full farming rights available in 2027.; Well‑maintained with tile terraces, waterways, and effective surface drainage.
