Proctor Mansion sells at morning auctionAugust 06,2013
By Brent Curtis
The grand Proctor Mansion sold at auction this morning to a Virginia couple that entered a high bid of $437,500.
With a $40,000 additional expense for furnishings in the estate and a 10 percent fee for the company that conducted the auction, new owners Puneet and Christine Rikhy paid $525,525 for the historic home.
Bidding started at $200,000 with only three of the roughly half-dozen people who registered for the auction making bids on the property. Auctioneer Keith Davis said the closing date for the sale is Sept. 3.MORE IN This Just InTOMORROW'S HEADLINES TODAY: Rutland Free Library director Paula Baker will retire at the end of the year, state Senate will vote on new minimum wage legislation and Bennington College graduates win Pulitzer Prizes for fiction and biography. 0Rutland Herald News Editor Alan Keays and staff writer Brent Curtis discuss some of the stories... Full Story
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