Posted: Sep 24, 2012 12:13 PM
Updated: Sep 24, 2012 12:49 PM
FRANKFORT (AP) - The foreclosed home of former University of Kentucky basketball star Richie Farmer has been sold at auction for $175,000 in the latest blow to the sports icon.
Master Commissioner Charlie Jones sold the home Monday at the Franklin County Courthouse. First National Bank of Manchester, which held the $317,929 mortgage, bought it and will put it back on the market.
Farmer's athletic stardom helped him to win two terms as state agriculture commissioner. He lost a race last year for lieutenant governor. Since then, he has gotten divorced, been lambasted in a state audit that accused him using state workers to do personal chores, and now is under FBI investigation.
Unemployed since he left office last December, Farmer lost a bid last week to have his child support payments reduced.
(Copyright 2012 The Associated Press. All rights reserved.)