1144 Road GH Red Cloud, NE

Discover the perfect blend of country living and in-town convenience on this expansive 15.54-acre property on the edge of town. Featuring a cozy 2-bedroom, 1-bath house with a charming covered, walk-out front porch, this property offers much more than just a home. In addition to the house, you’ll find a detached single-car garage with a loft, perfect for storage or a workshop, a barn, a shed, and a charming cottage—giving you all the space you need to create your dream lifestyle. Whether you're looking for extra room for hobbies or an idyllic rural escape, this property delivers.  Selling as-is. The buyer is responsible to do their own inspections and secure financing prior to the auction closing.

All bidding will take place on the internet.   A 10% buyer premium that is in addition to the final bid placed will determine the final sales price.  (For instance, a final bid of $10,000 will have a $1,000 buyer premium for a total purchase price of $11,000).  The auction closes at 7:00 PM via soft close on Wednesday, October 23rd, 2024. If late bidding occurs, time will extend 3 minutes for each bid that is placed until all bids are exhausted. By placing a bid, you are entering into a contractual agreement with the seller to purchase the real estate should you be the highest bidder.

Failure to follow through with your role in the transaction will result in negative consequences up to and including legal action to recoup damages caused to the seller due to breach of contract. Property sold "As Is, Where Is," with no warranty or guarantees, expressed or implied, by the seller or Ruhter Auction & Realty, Inc. Bidders accept the property "WITH ALL FAULTS", whether immediately apparent. It is strongly recommended that bidders inspect the property before placing a bid.   Auction Software and Ruhter Auction & Realty, Inc. will not be held liable for any software or software malfunctions.  If the high bid is confirmed by the seller the successful bidder will then be required to enter into a standard purchase agreement with the Seller.

NOTE: The old school house will be retained by the sellers to be moved off the premises by March 1st, 2025 or sooner.  If the school house is not removed by March 1st, 2025 the building will stay with the property.  At closing, a $10,000 Hold Back will be put in escrow to assure the ground is put back to grade if the school house is removed.  If the school house is not removed, the $10,000 Hold Back in escrow will be returned to the sellers. 

NOTE: The sellers also have the right to remove the windmill and tank prior to March 1, 2025.    

NOTE: The buyers will receive a credit of $27,607 at closing for an insurance claim for the roof of the house, barn, shed, and siding on the house.  

All inspections required by the purchaser will need to be made prior to the closing of the auction.  This sale is not contingent upon financing.  Please consult your lender prior to bidding.  The cost of the title insurance will be split between the buyer and the seller equally.

A $10,000 non-refundable earnest money deposit will be required within 24 hours of the auction.  The balance will be due by cash, certified funds, or a direct wire transfer on or BEFORE December 6th, 2024.  Property will be sold subject to the seller’s confirmation. Taxes will be prorated to the day of closing. Title insurance will be split equally between the buyer and the seller.

All agents of Ruhter Auction & Realty Inc. are agents of the seller.