Original Lincoln Property Sold At Auction

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NOT Thomas Lincoln

There’s the Lincoln Property Company I typically have a beef with, and then there’s Abraham Lincoln, the 16th president of the United States. We’re talking about the latter here.

Back in 1841, Lincoln’s father, Thomas, wasn’t rolling in dough, and a 32-year-old Abraham helped him out by purchasing 40 acres of farmland outside Charleston in central Illinois. At the time, Lincoln was a state representative for Sangamon County (home to state capital Springfield) some 90 miles away. What’s also chronologically interesting is that 1841 was also the time Lincoln called off a marriage with Mary Todd before a reconciliation and the birth of their first child, Robert Todd Lincoln some two years later.

Yesterday, the original 40-acre parcel is now 30, and has for the past 30 years been part of a 590 acre farm that was sold at auction (on Lincoln’s birthday). The Times-Courier and Mattoon Journal-Gazette reports that on Feb. 12, 2019, 560 acres sold for $7,000 per acre, or $3.9 million. The Lincoln 30 acres were sold separately for $10,000 per acre, or $300,000 to an unnamed buyer with unknown plans for the site.

How did the original 40 acres became 30? Head over to SecondShelters.com

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Jon Anderson is CandysDirt.com's condo/HOA and developer columnist, but also covers second home trends on SecondShelters.com. An award-winning columnist, Jon has earned silver and bronze awards for his columns from the National Association of Real Estate Editors in both 2016, 2017 and 2018. When he isn't in Hawaii, Jon enjoys life in the sky in Dallas.

2 Comments

  1. Holly Scarpinato on February 14, 2019 at 4:33 am

    I love real estate history. Great story! It would be nice to see an article like this but featuring land in Texas.

    • Bethany Erickson on February 14, 2019 at 8:29 pm

      We do a lot of that over at SecondShelters.com, in a regular Sunday feature called Historical Shelters. There are historical properties from all over featured, including Texas.

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