‘Luxury’ home in Medina County up for auction; proceeds to benefit charity

WADSWORTH, Ohio (WJW) — Ever dream of buying a luxury home at an affordable price?

This could be your chance.

A “luxury” home in Wadsworth is up for auction and organizers said all proceeds will go to a foundation for charity.

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The five-bedroom, three-car garage house sits on 1.5 acres of land at 561 Leeds Gate Lane. The home is more than 7,000 square feet and was built in 1997. According to the auditor’s website, the home is valued at $1,641,190.

On April 10 at 12:30 p.m., it’ll go to the highest bidder.

According to KIKO Auctioneers, the sale is an “absolute auction” meaning no minimum bid is required.

According to Dick Kiko, the auction is taking place after the owner passed away, with real estate proceeds benefiting the owner’s foundation for charity.

According to the auditor’s website, the property is owned by the Frank E. Murphy Trust. According to his obituary, Murphy died in 2022 at age 85. Murphy was a developer and entrepreneur who “felt a strong calling to give back to the community.”

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The obituary states, “His legacy will continue with the Frank E. Murphy Foundation with an emphasis on student success and education.”

Bids can be placed online or in person. CLICK HERE for full details.

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