First home bought by Elvis for sale through Internet auction

The first home Elvis Presley owned is for sale online.*

Presley bought the ranch style house in Memphis as his career was taking.

It's a modest four-bedroom home on Audubon Drive and was posted on eBay Friday.

As of this morning, the lone bid was 100-thousand dollars by Elvis Unlimited. That's an organization that operates an Elvis museum and shop in Denmark.

Presley was 21 when he bought the house. He lived there with his parents and grandparents for only a year.

A month after he moved in, "Heartbreak Hotel" hit Number One on the charts, ending any attempt at privacy.

In March 1957, Presley gave up the house on Audubon Drive for a 14-acre estate with a two-story colonial house already known as Graceland, a home that Elvis would make famous.

(Copyright 2006 by The Associated Press. All Rights Reserved.)