The Ernest Hemingway Foundation of Oak Park closed the $525,000 sale on Tuesday to Kurt and Mary Jane Neumann, current Oak Park, Illinois residents.
The couple said they plan to restore the building to its original, single-family home style. The building is currently divided into three apartments.
The residence was bought from a private owner in 2001 and has been owned by the foundation until the Neumanns closed on the home earlier this week.
The foundation received many offers for the home, but the Neumann’s had the best plan for it.
The foundation plans to pay off a $420,000 loan taken out to purchase the house in 2001 with proceeds from the sale. The cash leftover will help support educational and cultural programs.
The couple said they plan to raise their two young sons there and continue to work with the foundation to make the Hemingway home available to visitors in the future.
More in the video below.
- Hemingway home sold to Oak Park couple; restoration planned (suntimes.com)
- Hemingway’s Boyhood Oak Park Home Officially Off The Market (huffingtonpost.com)
- Hemingway Home Sold: Author’s Boyhood Home To Belong To A Family Again (inquisitr.com)