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 Real Estate Transactions Highlight June 2025 in Mount Sterling and Nearby Areas
Mount Sterling and surrounding locales experienced a busy month in real estate during June 2025, with numerous property transactions spanning residential, commercial, and land segments. The combined activity reflects ongoing development and investment trends across the region, with notable sales involving land and sizeable estates.
Residential Property Sales
Several residential properties changed hands throughout June. On June 20, Jered Shoopman and Jacquelyn Shoopman sold their residence at 104 W. Union in Mount Sterling to Jacob W. Shoopman for $174,500. Around the same time, multiple residences traded in Mount Sterling and nearby areas, indicating continued activity in the housing market.
For example, on June 10, Samuel A. Engler sold his residence at 221 W. Coline in Mount Sterling to Logan Davis and Riley Barnett for $155,000. Similarly, on June 11, Jason Markert transferred ownership of a property at 308 Mechanic in Mount Sterling to Carson Grant Smith and Gracie Elise Tatham for the same price of $185,000.
The month also saw transactions involving multiple homes and properties. MTS Housing, LLC, sold two residences on June 19: one at 623 W. North in Mount Sterling to Camden Schmitz and Madison Schmitz for $336,500, and another at 625 West North to Aaron T. Stone for $329,500. These deals indicate active development and interest in residential housing.
Other notable house sales include a property at 197 800 E. in Mount Sterling, sold by the Ashley C. Workman Revocable Trust to ILO Acres, LLC for $246,000 on June 4; a residence at 1506 625 E. in Mount Sterling sold for $155,000 on May 27; and a property at 502 N. Capitol in Mount Sterling, sold by Gary and Lois M. Story for $133,000.
Land and Farm Properties
Land transactions accounted for a significant portion of the activity in June, particularly noticeable in transactions involving large acreage. On June 4, Workman Farm, Inc. sold 277.74 acres in Mount Sterling to ILO Acres, LLC for $2,004,000, reflecting substantial investment in agricultural land.
The same day, 113.42 acres at 1221 940 E. changed hands multiple times. The co-trustees of the Jerry K. Ackerman Irrevocable Trust sold portions of this land to different entities: Cottonwood Land Company, LLC purchased 155.33 acres for $1,568,833, Salty Stone Properties, LLC acquired 10.96 acres for $185,000, and Cooperstown Manor, LLC bought 71.06 acres for $767,448. These sales reflect ongoing land development and potential future uses.
Other land sales include 50.42 acres in Timewell sold by Randall Lee Leerhoff to Brock Fry, trustee of the Ralph Leerhoff Trust, for $20,000, and 119.25 acres in Mount Sterling sold by Brock Fry to Eric W. Wagner and Joni R. Wagner for $596,250.
Commercial and Mixed-Use Property Activity
Commercial property sales also featured prominently. On June 17, Gerald D. Morath sold a combined residence and retail establishment at 108 N. Main in Versailles to Thierry M. Nurumbi for $13,000. Additionally, Steven W. Huett sold a lot at 309 E. Chestnut in Mount Sterling to LG Outdoors, LLC for $16,000.
Other Noteworthy Transactions
Additional property transfers include the sale of less than 100% interest in 364.719 acres in Mount Sterling from Barbara Jane Henry, trustee, to Robert and Carolyn Kassing for $914,442. In Ripley, a residence at 411 S. Ripley was sold by Braden Robert Forsythe to Charlenia O. Buffington for $85,000.
The month also comprised sales of properties with smaller land parcels and residential lots, such as 20 acres in Timewell sold by Little MC Farm, LLC to Florida Tree Farms, Inc. for $150,000, and a property at 668 390 N. Avenue in Mount Sterling sold by Roger Zimmerman to Carey A. Felten for $62,500.
Summary of Regional Real Estate Trends
The June 2025 real estate market in Mount Sterling and neighboring areas demonstrates strong activity across both residential and land markets. Notable sales include significant land acquisitions by agricultural and commercial interests, along with continued residential housing transactions. The high-value farm real estate trades reflect ongoing investment in rural development, while the residential sales suggest sustained demand for housing. Overall, these transactions highlight a dynamic and diverse property market that supports regional growth and development.
Deeper Dive: News & Info About This Topic
HERE Resources
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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
Author: STAFF HERE INDIANAPOLIS WRITER
INDIANAPOLIS STAFF WRITER The INDIANAPOLIS STAFF WRITER represents the experienced team at HEREIndianapolis.com, your go-to source for actionable local news and information in Indianapolis, Marion County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Indianapolis 500, Indy Jazz Fest, and the Indiana State Fair. Our coverage extends to key organizations like the Indy Chamber and Visit Indy, plus leading businesses in motorsports and healthcare that power the local economy such as Indianapolis Motor Speedway and IU Health. As part of the broader HERE network, we provide comprehensive, credible insights into Indiana's dynamic landscape.
