Binghams' former home 'Melcombe' sells for $3 million
LOUISVILLE, Ky. (WDRB) -- The sale of the Binghams' former Glenview home closed Wednesday for $3 million.
Its listing agent says it is the most expensive residential sale in Louisville Metro so far in 2014.
The Melcombe estate - as the Binghams named it - was built between 1909 and 1911 for the President of Ballard Flour Mills, Charles Thruston Ballard.
Ballard passed away in 1918 and the house was purchased by Judge Robert Worth Bingham, who owned the Courier-Journal, The Louisville Times and WHAS.
Members of the Bingham family owned the house for nearly a century before it was put up for sale in June for $3.5 million.
John Stough of Kentucky Select Properties says the buyer is a real estate "trust" on behalf of a person who will use it as "a personal residence."
The home has over 11,000 square feet, four levels and an extensive garden that was featured in a 1917 issue of House and Garden.
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