<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns="http://www.sec.gov/edgar/npx">
  <headerData>
    <submissionType>N-PX</submissionType>
    <filerInfo>
      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001053054</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <periodOfReport>06/30/2026</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2026</reportCalendarYear>
      <reportingPerson>
        <name>LVM CAPITAL MANAGEMENT LTD/MI</name>
        <phoneNumber>269-321-8120</phoneNumber>
        <address>
          <com:street1>7840 Moorsbridge road</com:street1>
          <com:city>Portage</com:city>
          <com:stateOrCountry>MI</com:stateOrCountry>
          <com:zipCode>49024</com:zipCode>
        </address>
      </reportingPerson>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER VOTING REPORT</reportType>
        <confidentialTreatment>N</confidentialTreatment>
      </reportInfo>
      <fileNumber>028-06658</fileNumber>
      <explanatoryInformation>
        <explanatoryChoice>N</explanatoryChoice>
      </explanatoryInformation>
    </coverPage>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
    </summaryPage>
    <signaturePage>
      <reportingPerson>LVM CAPITAL MANAGEMENT LTD/MI</reportingPerson>
      <txSignature>Lisa M. Sokolowski</txSignature>
      <txPrintedSignature>Lisa M. Sokolowski</txPrintedSignature>
      <txTitle>Trading Manager</txTitle>
      <txAsOfDate>07/14/2026</txAsOfDate>
    </signaturePage>
  </formData>
</edgarSubmission>
