From the Dermatology Online Journal, Volume 12 Issue 4:
A 22-year-old woman sought medical care for a lesion in the plantar region of her left foot, a well-formed nipple surrounded by areola and hair. Microscopic examination of the dermis showed hair follicles, eccrine glands, and sebaceous glands. Fat tissue was noted at the base of the lesion. Clinical and histopathologic findings were consistent with the diagnosis of supernumerary breast tissue, also known as pseudomamma. To our knowledge, this is the first report of supernumerary breast tissue on the foot.
That is definitely not a mole. According to the case study, there was no change in the nipple during pregnancy (i.e. no milk leakage into her socks -- bet THAT wouldn't have smelled nice!).
But I'm still curious about the ticklish part.
P.S. In a previous post, I mentioned that "Mamma Erratica," a term that was used to describe superfluous nipples in an old medical text, was a pretty cool nickname.
In this recent publication, they used the term "pseudomamma" (false breast), which is almost as cool. Kids! Study your Latin! It's the wave of the future! Nolite te bastardes carborundorum!