Cute and Comfy 2/1 c.1915 Nebraska Foreclosure Under $50K

$49,500

A unique Nebraska foreclosure opportunity awaiting its next chapter! Sold completely as-is. To submit an offer, buyers must provide proof of cash funds or pre-approved financing with no property-condition contingencies.

Realtor Comments

Investors and contractors take note of this home. Great price on this older home in Silver Creek priced well below the assessed value. Be sure to make sure it is stated that all offers are to Buyers agent to place offers and there is a $200 + any applicable sales tax tech fee due at closing. Seller will review offers after 10-17-26

2bd
1ba
997sqft
Circa 1915

More Nebraska Properties

407 2nd St, Silver Creek, NE 68663

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Mike Proffitt

Brokered by Great Places Realty

-Google Maps

-Niche

Pros

Tight-Knit Community & Peaceful Atmosphere: With a small population, residents enjoy a quiet, low-stress environment where neighbors know one another and community bonds are strong.
Affordable Cost of Living: Housing, property taxes, and everyday expenses are significantly lower than national averages and larger metropolitan areas.
Safety & Low Crime: The village offers a very secure, low-crime setting, making it an appealing option for families and retirees.
Pace of Life: The rural setting provides a quiet retreat free from big-city traffic, noise, and congestion.

Cons

Limited Local Amenities & Employment: There are very few commercial businesses, dining options, or job opportunities within village limits. Most residents commute to nearby cities like Columbus, Grand Island, or Central City for employment, specialized healthcare, and major shopping trips.
Sparse Entertainment Options: Recreational activities, cultural events, and nightlife are virtually non-existent locally, requiring travel for entertainment.
Weather Extremes: Typical of the Great Plains, winters feature freezing temperatures, heavy snowfall, and ice storms, while summers can be hot and humid.