The entanglement of the ferromagnetically ordered isotropic spin-1/2 chain is discussed. The analytically deriving concurrence of a two-qubit state allows focusing on the effect of dipolar interaction (D). Low fields enable tuning creation/extinction of entangled states, particularly at low temperatures. There is a joint effect of the applied field and dipolar interaction which can’t be disregarded. We perform Quantum Monte Carlo simulations on quantifying localizable entanglement (LE) in terms of upper/lower bounds. Findings reveal that D and B_z are decisive parameters on the production of entanglement including creation and extinction. A non-monotonic behavior has occurred under high fields at the critical temperature. However, strong D provides the stability of LE values concerning distance herewith conserving the unity at low temperatures under zero field. Rival regions are observed for the distant nearest neighbors, particularly odd ones.