It may be just fine.
Things to look out for:
-Does it stink of sulfur? If so, don't use it.
-Is it high in Iron? If your driveway, sidewalks or house have red stains on them don't use it. If it is not an irrigation well then have it tested for Iron.
Have the GH and KH tested and test the pH by letting a cup gas out for 24 hours. Do this so you know what you are starting with and if you should cut it with some RO/DI.
Well water will change as the seasons change. Heavy rain, drought, flooding, will all cause changes in your well. Test it seasonally.