Monroe County, IA
198.15 Acres M/L

139th Trail
Lovilia, IA 50150

Price	$1,387,050
Listing	#19238

Land Agent

Zeb Guinn

Office: 855.800.LAND
Mobile: 641.895.8486
Zeb@PeoplesCompany.com

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Description

Located in Monroe County, Iowa, this productive 198-acre contiguous 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. With a CSR rating of 36.2 this farm is able to produce solid yields for the area. Primarily featuring pershing silty clay loam soils, these soils are deep, loess-derived, moderately well-drained and highly productive agricultural soils well-suited for farming. 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 outlet terraces, grass waterways, and effective surface drainage, supporting strong yields. 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. Contact Zeb Guinn with Peoples Company for more information or to schedule a private showing.

Legal Description

NE1/4 NE1/4; SE1/4 NE1/4r Section 29, Township 73 North, Range 18 West of the 5th P.M., and E½ NW¼; SW¼ NW¼; and NW¼ NW¼, all in Section 28, Township 73 North, Range 18 West of the 5th P.M., Monroe County, Iowa, (EXCEPTING therefrom the following tract: Auditor's Parcel "B"). Exact legal description to be taken from abstract.

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. Look for Peoples Company signs.

Sign On Property: Yes
MLS Number: 740350
Parcel Number: 040929001000000,040929002000000,040828012002000,040828009000000,040828002001000,040828003000000
School District: Albia Community School District
General Area: Union Township, Monroe County, Iowa
Net Taxes: $2,494.00
CSR2: 36.2
Water: RRWA District - Water on Property
Zoning: Ag Land

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