New Delhi, Oct. 25 -- Neil Armstrong's childhood home in Ohio has been acquired by a local historical society following a $400,000 donation from retired pilot Ken Schreiber, paving the way for plans to preserve the property and open it to visitors.

Schreiber was nine years old when Armstrong took his first steps on the moon in 1969. He later became a military fighter pilot himself. After reading in August that Armstrong's boyhood home was for sale and learning that no one had come forward to preserve it, Schreiber decided to make an offer, AP reported.

The sale was finalised on Monday, with his donation enabling the Auglaize County Historical Society to take ownership.

"I just thought somebody has got to step up to the plate," said Sch...