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Boxing fans have been given the chance of own piece of history this week.

The house in Louisville, Kentucky where Muhammad Ali grew up has gone on the market with an asking price of just $50,000.

The property is a small white house with a sagging front porch overhang and is situated along a tree-lined neighbourhood made up of neat but modest homes.

At the front of the house is a state historical marker recognising that it is the place where the legendary heavyweight spent his boyhood.

The marker says that it was at this home that boxer's "values were instilled".

Greg Fischer, the mayor of Louisville, has said that the city is interested in preserving the home of its most famous son

Louisville Mayor Greg Fischer said the city has an interest in preserving the home of a world-famous native son.

"Anything we can do to preserve and expand his legacy, we want to do that," he stated.

"His home serves as an inspiration for people to look at that and say, 'If this young guy, why not me?'"

28/08/2012 16:56:26