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.
Major Real Estate Transactions Reported in Mount Sterling and Surrounding Areas During June 2025
Mount Sterling and neighboring towns experienced significant movement in the real estate market last month, with multiple property transactions totaling millions of dollars. These transactions involved residential homes, large land parcels, commercial spaces, and farm properties, reflecting active buying and selling activity across the region.
Residential Property Sales
Within Mount Sterling, notable residential sales include the transfer of a residence at 104 W. Union, sold on June 20, 2025, to Jacob W. Shoopman for $174,500. Similar property transactions include a home at 1506 625 E. sold for $155,000 on May 27, and another at 221 W. Coline, also for $155,000, on June 10. These figures underscore ongoing demand for housing in the area.
In Versailles, a residence at 108 N. Main changed hands on June 17, 2025, from Gerald D. Morath to Thierry M. Nurumbi for a modest $13,000, indicating smaller-scale transactions typical in the market. Additionally, a property at 197 800 E. sold for $246,000 on June 4 to ILO Acres, LLC, illustrating investment activity in residential sectors.
Land and Farm Properties
Large land transactions make up a significant portion of June’s deals. The Jerry K. Ackerman Irrevocable Trust sold over 155 acres at 1221 940 E. in Mount Sterling to Cottonwood Land Company, LLC, for $1,568,833 on June 19. The same trust moved additional land—10.96 acres for $185,000 and 71.06 acres for $767,448—all on the same date, reflecting substantial land portfolio management.
Farm land remains active, with Workman Farm, Inc. selling 277.74 acres to ILO Acres, LLC, for $2,004,000 on June 4, a large-scale transaction indicating ongoing agricultural investment.
Commercial and Other Properties
Commercial dealings also took place, including the sale of a residence/retail space at 108 N. Main from Gerald D. Morath to Thierry M. Nurumbi for $13,000. Additionally, a lot at 309 E. Chestnut in Mount Sterling was sold to LG Outdoors, LLC for $16,000 on June 16, highlighting smaller commercial and land sales.
Additional Noteworthy Transactions
Other land and property deals include a 50.42-acre parcel at 723 100 E. in Timewell, sold for $20,000 on June 6, and a 16.49-acre property in Mount Sterling transferred from Gene L. Daggett, trustee, for $111,300 on June 19. In Timewell, a 20-acre tract was sold for $150,000 to Florida Tree Farms, Inc., on June 16.
High-Value Transactions and Land Trust Activity
Some of the most substantial land deals involve multiple acres, including the sale of 155.66 acres from Javonna Lynn Ackerman and Jerry Todd Ackerman to Missouri Creek Farm, LLC, for $1,444,689. Additionally, Ackerman and Todd sold 89.65 acres to Little MC Farm, LLC, for $806,850.
High-value residential transactions include the sale of a property at 623 W. North for $336,500 and another at 625 West North for $329,500 to MTS Housing, LLC. These reflect significant investment in housing development during the period.
Summary of Key Land and Property Sales
- Multiple land parcels in Mount Sterling and Timewell sold for considerable sums, including over $1.4 million for nearly 156 acres.
- Residential property transactions across the region demonstrate steady activity, with homes selling in the range of $50,000 to over $330,000.
- Commercial properties, small lots, and land parcels continue to be active, indicating diverse market interests.
Background and Market Context
Throughout June 2025, the local real estate market showed healthy movement with diverse property types changing hands. The large land transactions, particularly those involving farm and acreage sales, suggest ongoing agricultural and development activity. Residential and commercial sales also reflect sustained demand for housing, retail, and investment properties in Mount Sterling and neighboring areas.
These recent real estate activities provide insight into the regional economic climate, emphasizing a mix of retail, agricultural, and residential investments driving local market trends.
Deeper Dive: News & Info About This Topic
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

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