14 June 2012 ~ Comments Off on MADAME “X” MANSION SELLS AT BANKRUPTCY AUCTION FOR $1,980,000

MADAME “X” MANSION SELLS AT BANKRUPTCY AUCTION FOR $1,980,000

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New Orleans, LA – June 14, 2012 – Sperry Van Ness/Gilmore Auction announces the auction sale of the

former Madame “X” Mansion located at 927 Toulouse Street in the New Orleans French Quarter. The

auction conducted under orders of the U.S. Bankruptcy Court was held at the Maison Dupuy Hotel on

May 8, 2012 and closed on June 6, 2012.

 

Fifteen (15) bidders presented Cashier’s checks of $50,000 on auction day in order to bid for the

mansion. The bidding started at $1,050,000 and ended within four (4) minutes at $1,980,000. The

property was the largest asset remaining in Case No. 09-12042, Robinson Antiques.

 

Sperry Van Ness/Gilmore Auction Managing Partner, David E. Gilmore, states “this was an

unprecedented auction success in a tough economy. Over 90 prospects from all across the U.S.

inspected the mansion with fifteen (15) registering to bid. The French Quarter continues to rebound.”

 

This historic home was built in 1825 for the Avegno family and features Greek revival architecture,

Federal mouldings, a 4-story main home, 2-story rear dependency quarters, carriageway and courtyard.

The home was once a landmark – one of New Orleans’ earliest “sky scrapers”, its four stories towering

over other buildings in the French Quarter at the time. It was elegantly designed with a graceful center

staircase inside and perfectly proportioned rooms framed by tall windows. Its intricate wrought iron

balconies were monogrammed with the owner’s initials “PA” for Phillipe Avegno.

 

Virginie Avegno Gautreau, the subject of artist John Singer Sargent’s scandalous masterpiece

Madame “X”, was born in the home. The home went through a major renovation in the late nineties

both modernizing and restoring the historic property.

 

For more information contact David Gilmore or Francis Braud at 504.468.6800.

3316 Florida Ave. Suite 201 • Kenner, Louisiana 70065 USA
Phone (504) 468-6800 •Fax (504) 468-6811

Broker: David E. Gilmore
Licensed By The Louisiana Real Estate Commission
Licensed in Louisiana, Mississippi, Arkansas and Oklahoma
A Division of Gilmore-Braud Companies

Auctioneer: David E. Gilmore
Licensed in: Alabama #1832 • Arkansas #1979 • Louisiana #0447
Mississippi #378/641F • Texas #11136


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