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Listed by Zeb Guinn Peoples Company
$ 1,387,050
Est. payment /mo
Active
139th TRL Lovilia, IA 50150
198.15 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NOC6338093
Style Lots & Land
Annual Tax Amount $2,494
Tax Year 2026
Lot Size 198.150 Acres
Acres 198.15
Lot Dimensions ***
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.
Location
State IA
County Monroe
Direction 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.
Exterior
View Y/N true
Building
Architectural Style Lots & Land
Schools
School District 81 - Albia
Others
Acceptable Financing NOC6338093
Listing Terms NOC6338093
NEARBY SCHOOL & BUSINESS