Ernest Hemingway's Home Sold: How Much is it Worth? [PHOTOS]

The house believed to be the birthplace of Ernest Hemingway's earliest works, has been sold to a family in Chicago.

The suburban Oak Park property was put on the market by the Ernest Hemingway Foundation in February, and was sold to Kurt and Mary Jane Neumann for $525,000 on Tuesday, the Associated Press reported.

Since the 1930's the house has been spilt into three apartments and been used as a cultural center, but now the Neumann family will revert it back into a single-family home, while keeping it open to visits from Hemingway fans and scholars.

We don't want anyone to feel like we're going to shutter it up or minimize the historical significance Kurt Neumann told the AP. We appreciate curiosity in the home. We just need to balance the reality that it's going to be our family home.

On Baird & Warner's website, the house is advertised as Ernest Hemingway's boyhood home. The 4,200-square foot house was built with input from Hemingway's mother and designed by H. Fiddekle, according to the site.

The house parallels the setting of Hemingway's, A Soldier's Home, and it is believed to be the place where he started writing A Farewell to Arms.

House Description: Currently the property is divided by floor into 3 separate rental units. The 1st floor is the largest with a grand living room. Ernest's father's physician offices are the two bedrooms. There is a separate formal dining room and large kitchen. The 2nd floor unit also contains 2 bedrooms, a kitchen and a separate formal dining room (Once the children's playroom for the Hemingway family.) The 3rd floor is the smallest of the rental units with a kitchenette, 2 bedrooms, a full bath and a living room.

The third floor is where Hemingway himself slept, as well as his uncle and the cook.