Former Lincoln land sells for $1.25 million

Monday, October 15, 2007

LERNA, Ill. -- County records show four acres once owned by Abraham Lincoln have been sold to a Rockford-based organization for $1.25 million.

The land is near the Lincoln Log Cabin State Historic Site, the 1840s home of the former president's father and stepmother. Lincoln later purchased the central Illinois property from his father.

A newly incorporated organization called Friends of the Abraham Lincoln Historical Farm bought the land recently from Raymond Phipps, a Springfield man whose family owned the property for more than a century.

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