Significant Property Transactions in Mount Sterling Area

News Summary

Multiple significant real estate transactions occurred in Mount Sterling and surrounding regions, showcasing an active market. The month featured various deals, including residential sales of single-family homes and large parcels of land. Notable transactions included major land deals exceeding a million in value and numerous residential sales demonstrating strong interest in the area’s property market. Overall, the month’s activity reflects ongoing development and investment in the local real estate sector.

Significant Property Transactions Reported in Mount Sterling and Surrounding Areas During June 2025

Mount Sterling and neighboring regions experienced a notable flurry of real estate activity in June 2025, with multiple residential and commercial properties changing hands at varied price points. These transactions reflect ongoing trends in local property markets, including land development, residential occupancy, and investments in both urban and rural settings.

Major Residential Sales in Mount Sterling

Several prominent residential properties in Mount Sterling were sold during June. Notably, a residence located at 104 W. Union changed ownership from Jered Shoopman and Jacquelyn Shoopman to Jacob W. Shoopman on June 20, 2025, for $174,500. Similarly, other key residential transactions include:

• At 1506 625 E., Ransom L. Carroll transferred the property to Michael Johnson and Paulette Johnson for $155,000 on May 27, 2025.
• The 197 800 E. residence was sold by Ashley C. Workman Revocable Trust to ILO Acres, LLC for $246,000 on June 4, 2025.
• At 221 W. Coline, Samuel A. Engler sold the property to Logan Davis and Riley Barnett for $155,000 on June 10, 2025.
• The residence at 308 Mechanic was transferred to Carson Grant Smith and Gracie Elise Tatham for $185,000 on June 11, 2025.
• Most recently, a property at 623 W. North was sold by MTS Housing, LLC to Camden Schmitz and Madison Schmitz for $336,500 on June 19, 2025.

Land and Farm Properties

A number of land transactions occurred in Mount Sterling and nearby areas, emphasizing agricultural and development interests:

• Workman Farm, Inc. sold approximately 277.74 acres at 1221 940 E. to ILO Acres, LLC for $2,004,000 on June 4, 2025.
• Earlier in June, Javonna Lynn Ackerman and Jerry Todd Ackerman sold multiple land parcels at 1221 940 E. including 155.66 acres to Missouri Creek Farm, LLC for $1,444,689 and 89.65 acres to Little MC Farm, LLC for $806,850.
• Additional rural land sales include a 50.42-acre plot in Timewell, sold by Randall Lee Leerhoff for $20,000, and 119.25 acres transferred from Brock Fry, trustee of the Ralph Leerhoff Trust, to Eric W. Wagner and Joni R. Wagner for $596,250.
• Other notable land deals involve smaller parcels, including 16.49 acres sold in Mount Sterling at $111,300, and 33.42 acres at $220,572 in Mount Sterling by Crumatt Properties, LLC.

Commercial and Investment Properties

Beyond residential and land transactions, commercial properties saw active trading as well. For example, at 108 N. Main in Versailles, Gerald D. Morath sold a combined residence and retail establishment to Thierry M. Nurumbi for $13,000 on June 17, 2025. Additionally, a lot at 309 E. Chestnut in Mount Sterling was sold to LG Outdoors, LLC for $16,000 on June 16, 2025.

Other Noteworthy Sales

• A residence and lot at 623 W. North in Mount Sterling was sold by MTS Housing, LLC to Camden and Madison Schmitz for $336,500 and to Aaron T. Stone for $329,500, both on June 19, 2025.
• In Ripley, Braden Robert Forsythe sold a residence at 411 S. Ripley for $85,000 on June 16, 2025.
• In broader regional activity, the Shirley D. Moore Estate sold over 156 acres at Timewell to Daniel and Christine Moore for $582,442.

Summary and Context

The June 2025 real estate activity in Mount Sterling and the surrounding areas reflects a diverse market encompassing residential homes, expansive farmland, and commercial properties. The land deals, particularly involving large acreage transfers, indicate ongoing investments in agricultural development and land consolidation. Residential sales, often in the range of $150,000 to $350,000, suggest steady demand for housing, including urban storefronts and homes.

Overall, these transactions showcase sustained market activity, with significant investments in land and multi-property developments. The variety of sales, from small residential lots to extensive farmland, emphasize the region’s balanced real estate growth during this period, supporting both local economic stability and future development potential.

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HERE Resources

Additional Resources

• Muddy River News: Real Estate Transfers in Brown County
• Lane Report: Mt. Sterling Industrial Authority Grant
• Muddy River News: Real Estate Transfers in Brown County for January 2025
• Times Union: Sterling Real Estate Group News
• Wikipedia: Real Estate