This lot consists of three adjoining subdivision lots being sold together as one unit. The property is already improved with a driveway and septic system in place, making it ready for future development or immediate use. Whether you’re looking to build, expand, or invest, these lots offer great potential in a desirable area near Lake Cumberland. The combined acreage and existing improvements make this an excellent opportunity for buyers seeking additional land with infrastructure already started.
Lots 55-57 are being sold as apart of this property. See attached plats to the main auction page and photos.
House, Garage & Lot; Additional Lots at "Extend-All" Online Auction
Bidding Ends Tuesday, May 5th, 2026 at 6:00PM
950 Bates Road Nancy, Kentucky
Don’t miss this unique opportunity to purchase a cabin-style home with additional lots selling at Absolute “Extend-All” Online Auction. The main offering features a charming metal-wrapped cabin with a warm, rustic interior, including wood walls, laminate flooring, an eat-in kitchen, living area, two bedrooms, and one bathroom. The property is complemented by a large wrap-around deck on two sides—perfect for enjoying the peaceful setting—and a detached metal garage connected by a neat covered bridge, adding both character and convenience. Located just down the road from Lake Cumberland, this property offers an ideal setting for a weekend getaway, rental opportunity, or full-time residence.
The property will be offered in two separate online lots. One lot will include the home, garage, bridge, and surrounding lots within the subdivision, providing a complete, improved setup ready for immediate use. The second offering consists of three additional adjoining subdivision lots being sold together, already improved with a driveway and septic system in place—offering excellent potential for expansion, building, or investment. All tracts are situated within a platted subdivision, giving buyers flexibility and future possibilities.
This “Extend-All” online auction format allows bidders to compete fairly across both offerings, ensuring the property sells in a manner that maximizes value. Whether you're looking for a private retreat near the lake, an investment property, or additional building sites, this is a great opportunity to buy at your price.
Online Auction "Extend All" Terms:
Ford Brothers, Inc. Real Estate Online Auctions are timed events with a designated closing time. This auction utilizes an "Extend All" auto-extension feature. If a bid is placed on any lot within the final 5 minutes of the auction, the closing time for all lots will automatically extend by 5 minutes from the time of that bid.
Example: An auction scheduled to end at 6:00 PM receives a bid at 5:59 PM. As a result, the auction closing time extends to 6:04 PM for every lot. This extension process continues until no further bids are placed on any lot within a 5-minute period. All lots remain open simultaneously until bidding has ceased on all items for a continuous period of 5 minutes.
Simply put: When one lot is extended, all lots are extended.
REAL ESTATE TERMS:
Auction Premium: There will be a 10% Auction Premium added to the winning bid. The sum of the winning bid plus the Auction Premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000.
REAL ESTATE TERMS: 20% of the total sale price down as a non refundable earnest money in the form of a certified check, cash or wire transfer within 48 hours of the close of auction. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 30 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate.
REAL ESTATE TAXES AND CLOSING COSTS: All real estate taxes will be prorated for 2026. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan. The seller will pay for deed preparation and deed tax.
All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, etc, will be allowed. Property is available for inspection at specified times and it is the bidder's responsibility to determine condition. Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, chargeback, etc.
All description information has been gathered from sources which we believe to be reliable but is not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.
SERVER & SOFTWARE TECHNICAL ISSUES: In the event, there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc.
Any dispute between Ford Brothers, Inc, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in LOCATION County, Kentucky. By bidding on the property, the buyer agrees to all terms and conditions set forth.
Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
Ford Brothers, Inc., reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.
Auction company employees and/or auction company may bid on and purchase auction items.
BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Ford Brothers and all other MarkNet auctions.
If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately.
TIME IS OF THE ESSENCE in regard to all auction terms.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete. The property is selling in its “as-is” condition with no warranties express or implied.
For additional information contact the auctioneers at 606-679-2212.
Announcements made the day of the auction take precedence over printed matter.
