According to rumorts, Tom Cruise was planning to buy a lavish home in his fiancee Katie Holmes' hometown of Toledo, Ohio.

Katie Holmes is a Toledo native, and her parents live really close to the house that reportedly caught the attention of parents-to-be.

The rumors sparked when limousines stopped in front of the house when real estate agents were showing it. And a store window in the centre of town already reads: "We gift-wrap baby gifts for Tom and Katie's baby!"

"I'm sure it's them. Her mother lives in the area," says the proud house owner.

Tom Cruise's representative has slashed out at the rumors.

"It is not true that Tom and Katie are buying a home in Toledo," Fashion Monitor learned from the rep.

"The rumors have been abuzz. Everyone wants them as their neighbors!"

No wonder.

Katie Holmes and Tom Cruise recently announced they're expecting their first child together. No wedding plans have been made public yet. 

 Other news