Mugivan RE Sale 9-22-1941
in 553 R. Wilson, week and Boone the Â£!JSale of Mugivan Mansion at Peru Near Completion Rich Land-Owner Is Reported Buyer Peru, Ind., Sept. 21--(Tribune Special)--Practical agreement on terms for sale of the Mugrivan mansion at 80 East Main street was reported today from reliable sources. sources. Although no official verification verification could be obtained, it was believed tentative arrangements eone! had ^ een made for transfer of the deed some time this Â·week. of a Here J. O. Wells, local real estate dealer, who has oeen acting as agents for heirs of the late Jerry Mugivan, millionaire circus magnate, magnate, and his widow, the late Edith Mugivan, was reported out of the city today and could not located. Prospective "purchaser was reported reported to be a wealthy land-owner living in the northeast part of Indiana. It is believed he plans to use the house as a residence. Amount of the financial consid. eration could not be learned, but it is known that an offer was several months ago to sell the property to the city of Peru for $15,000. When built about ten years ago it is reported to have cost most $250,000.