The Daviess County real estate market recorded significant activity in the last week of September, with property transactions totaling over $6.5 million. Between September 26 and October 1, 2025, a diverse range of sales were finalized, from high-value residential homes to commercial parcels and land transfers, reflecting a dynamic local market.
Among the key transactions was a single residential sale that neared the $1 million mark, alongside notable activity from developers and investment firms. The data also reveals several non-monetary transfers, indicating a period of active estate planning and asset management among property owners.
Key Takeaways
- Over $6.58 million in total real estate sales were recorded in Daviess County for the period.
- The highest single transaction was a residential property on Highway 657, which sold for $925,000.
- Developer Jagoe Homes Inc. completed three new home sales in the Alabaster Lane area, totaling nearly $900,000.
- Investment firms were active, with one notable transaction involving two parcels valued at $850,000.
- Several properties were transferred for $0, primarily for estate planning purposes such as moving assets into trusts or transferring ownership between family members.
A Snapshot of the Week's Market Activity
The final week of September demonstrated a healthy mix of real estate activity in Daviess County. A total of 39 property transfers were officially recorded, with 26 of those being standard market sales involving a monetary exchange. The combined value of these sales reached approximately $6,584,542.
The average sale price for a transaction during this period was approximately $253,251. This figure highlights a market with both affordable housing options and high-end properties contributing to the overall value.
Weekly Market by the Numbers
- Total Transactions: 39
- Total Sales Value: $6,584,542
- Highest Sale Price: $925,000
- Lowest Sale Price: $35,000
- Average Sale Price: $253,251
Highlighting the Most Valuable Transactions
Several high-value properties changed hands, leading the market in dollar terms. These sales showcase the demand for premium residential and land assets in the region.
The Top Residential Sale Approaches $1 Million
The most significant sale of the week was for a property located at 10915 Hwy 657. The home, previously owned by Bradley S. and Julie E. King, was sold to Matthew T. and Allison L. Nelson for $925,000. This transaction underscores the strength of the high-end residential market in the county.
Another substantial sale involved a property at 6096 Hwy 1389. Joseph D. McIntosh and Mackenzie Merritt sold the property to Beau P. Watts for $575,000. This was followed closely by the sale of 1247 Laurel Dr, where Teresa S. and David E. Ward transferred ownership to Lee Ann Durbin for $549,500.
Other Notable High-Value Sales
The market saw several other sales exceeding the $300,000 mark, indicating broad demand across different price points. These included:
- 7520 Old Hwy 81: Sold by Philip R. & Kim Haire to Christopher W. & Debra A. Anderson for $460,000.
- 7442 Deserter Creek Rd: Sold by Jeffrey & Tiffaney Haney to Heather & Clint Girten for $445,000.
- 2503 Fairview Spur: Sold by Albert M. Jr & Molly M. Thompson to Narinder Kumar for $410,000.
- 2584 Palomino Pl: Sold by Jacobe J. Crowley to Soo Htoo & Te Sher Paw & Loou Paw for $380,000.
Developer and Investor Activity Shapes the Market
The records also highlight significant activity from both residential developers and investment companies, signaling confidence in the local economy and housing demand.
Jagoe Homes Continues Development on Alabaster Lane
Jagoe Homes Inc., a prominent local developer, was responsible for three sales of newly constructed homes on Alabaster Lane. These transactions represent a significant investment in expanding the local housing stock.
The sales included:
- 527 Alabaster Ln: Sold to Sandra F. Elder for $318,342.
- 582 Alabaster Ln: Sold to Adrian M. & Madison D. Yamada for $294,800.
- 569 Alabaster Ln: Sold to Cameron Daniels & Avery McNeiley for $283,800.
The combined value of these three new homes is $896,942, reflecting a strong market for new construction in the area.
Investment Firms Make Strategic Moves
A major transaction involved two LLCs, signaling commercial or investment intent. New Era Properties LLC transferred two parcels, 1750 W 2nd St and 211 Hale Ave, to H 3 Holdings Company LLC. While the individual deeds were recorded at $0, the combined value for the two properties was listed as $850,000.
Other investment-related transfers included Properties Direct LLC acquiring the property at 221 E 24th St from Zachary F. & Katrina S. Watts for $90,000, and K H M Properties LLC selling 2919 Christie Pl to Andrew M. & Meredith L. St Clair for $179,900.
Understanding Non-Monetary Property Transfers
A significant portion of the week's recorded transfers—nearly one-third—involved no monetary exchange. These $0 transactions are common and typically serve specific legal or financial purposes, such as estate planning or clarifying ownership.
What Do Different Deed Types Mean?
When you see a $0 transfer, the type of deed often tells the story. A Quitclaim Deed simply transfers any ownership interest a person has in a property without guaranteeing they have any. It's often used between family members or to clear up title issues. A Trustee Deed is used to transfer property into or out of a trust as part of an estate plan. An Affidavit of Descent is a legal document used to transfer property from a deceased person to their heirs when there is no will.
This week, several properties were moved into trusts. For example, the properties at 4114 Golden Maple Ct, 1500 W 3rd St, and 3203 Christie Pl were all transferred into trusts, a common strategy for managing assets and planning for inheritance.
Additionally, a Quitclaim Deed was used for 608 Triplett St and 523 Crabtree Ave. Other transfers involved dividing interest in properties, such as at 4236 Yewells Landing W, where ownership was divided into one-third interests via an Affidavit of Descent. These procedural transfers are a vital, though often overlooked, part of the real estate landscape.
