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  • $1,387,050

    139 Trail, Lovilia, IA 50150

    --beds
    --baths
    198.15Acres
    Unimproved Land
    Built in ----
    198.15 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Access from two sidesEffective surface drainage
    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.
    77 days
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    55
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Zeb Guinn 515-222-1347,

    Peoples Company

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6338093MLS Logo

      Facts & features

      Property

      Lot
      • Size: 198.15 Acres
      Details
      • Parcel number: 040929001000000,040929002

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lovilia

      Financial & listing details

      • Annual tax amount: $2,494
      • Date on market: 5/8/2026
      • Cumulative days on market: 79 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/8/2026Listed for sale$1,387,050
        Source: NoCoast MLS as distributed by MLS GRID #6338093 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 50150

        Getting around

        0 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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