Morgan
House purchased by local resident
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Susanne
Oldham purchased the Morgan House from Antioch on Monday. She
and her partner, John Semmlow, not pictured, plan to reopen
the renovated bed and breakfast next April. |
After six
months on the market the Morgan House has been sold and is about
to get a facelift almost as bright as the smile local resident Susanne
Oldham had when she closed the deal on Monday morning.
Oldham, a flutist
and professional arts administrator, and her partner, John Semmlow,
purchased the 80-year-old building from Antioch University and plan
to breathe musical life into the bed and breakfast next spring.
“ I thought
it’d be cool and fun to do, and I wanted to come back to Yellow
Springs because I love Yellow Springs,” she said. “John’s
fabulous, and it’s going to be a big adventure for us.”
Oldham
had been eyeing the B&B on Limestone Street for several months
after a series of life changes took her away from her world of music
managing the
Folger Consort, a well-known early music ensemble in Washington, D.C.
Oldham, who grew up in Yellow Springs, had worked for 25 years with
respected figures such as conductor Leonard Bernstein, and was starting
to realize there may be more important ways to make a contribution
to the world, she said.
So she quit her
job and joined the Peace Corps to do AIDS work in Zimbabwe and then
Lesotho. She stayed two years in Africa, returning to be with her family
in Yellow Springs in 2002 when her mother, Gerda Oldham, died, and
then again at the end of her Peace Corps service to be near her 94-year-old
father, Jim Oldham.
When
she returned for good in September, she noticed the sale sign was still
up in front
of the Morgan House, and within a week she had the realtor on the phone
to discuss the terms of purchase. She wasted no time in having professionals
evaluate the property and investigate the renovations necessary to
make the B&B business work. That was one of the reasons Antioch
sold the building to Oldham at considerably less than the asking price
of $325,000, university vice chancellor Glenn Watts said Tuesday.
“ We have
found someone we think will do a splendid job, and she’s got
some great ideas,” he said. “We’re pretty excited
for her and for the village.”
Oldham and Watts
both declined to give the final sales price.
The
Morgan House received “considerable interest” from prospective
buyers since Marianne Britton, the innkeeper for 18 years, left her
lease
in June, Watts said. At one point this fall, the sale sign came down
when a serious buyer nearly signed a purchase agreement but then decided
against it, he said.
According
to Watts, the original sale price was determined loosely from the estimated
value
of the property and the B&B business, for which no formal records
were ever located.
“ We set the
price high so as not to undercut ourselves, but we were prepared to
make adjustments,” he said. “We went a little further than
we would have because we thought Susanne would do a good job for the
village.”
Oldham was happy
with the deal she got, although she said the addition of four new bathrooms
and a heating and cooling system for each of the six guest rooms, as
well as other minor repairs and upgrades she plans to do in the next
few months, will likely run as high as the purchase price.
Oldham
plans to live in the Morgan House with her black dog Latte, while Semmlow
will
visit periodically from his home in New Jersey. Semmlow is Oldham’s “silent
partner,” she said, but he did request pedestal sinks.
Her sister, Kathy
Beverly, also recently moved back to town with her husband, Dan, who
has helped identify necessary repairs, including the original oak flooring
that former Antioch College President Arthur Morgan and his wife, Lucy,
installed when they built the house as a residence in 1921.
Oldham
said that she wants to retain as much of the original simplicity and
character
of the house while eventually turning the operation into an environmentally
friendly B&B, using organic local produce to cook full breakfasts
and using post-consumer recycled toilet paper as soon as it becomes
affordable. Her training as a performance flutist made music her first
love, and she also intends to invite local ensembles and choral groups
to make the house a community place.
The same zest and
intensity that took Oldham to Africa also spurred her to get involved
in the Yellow Springs music community by joining both the Chamber Music
Yellow Springs board of trustees and the Yellow Springs Community Chorus.
And perhaps soon she will join the Glen Helen Association, because
she loves birds.
“ If I had
it to do over again, I would be a naturalist,” she said.
But she is doing
it over again, in a way, and she can hardly wait until tax day, April
15, the target date for the opening of the Morgan House Inn.
“ I want to
have an opening party and invite the entire village,” she said.
Keep
up on the inn’s
progress at morganhouseinn.com.
— Lauren
Heaton
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