139th Trail, Lovilia, IA 50150

$1,387,050

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List Price
$1,387,050
Status
ACTIVE
MLS#
6338093
Subtype
Land
Lot Size
8,631,414
Acres
198.15

Property Description

Located in Monroe County, Iowa, this productive 198-acre farm offers an outstanding opportunity to acquire quality tillable farmland with strong income and long-term investment appeal. Approximately 190 acres are currently leased as tillable, providing excellent 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. Whether you’re expanding an existing operation or investing in high-quality Iowa farmland, this tract presents a versatile and attractive option.

Additional Information

Taxes
$2,494

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Listing courtesy of Peoples Company.