We are new to this hobby, this is the first project we have started, It is a Western Flyer with skip tooth chain and 26x2.125 tires. It definetly has a mix of parts but  based on the research I have done so far I think it might be an early 40's Murray Ohio Mfg built bike similar to a Mercury "Aroflite"

      

Our project freshly unloaded after it's trip from Southern Illinois back to Indianapolis

 

 

 

 

Here is another close match described as a 1955 Murray "Areoflyte"