|
Barnes Creek Land Auction SOLD
Property Highlights: Offered in 2 tracts of 39.20+/- acres and 278.85+/- acres. The larger tract includes wheel lines and a newer 7 tower pivot. The property is cross-fenced into 6 pastures. Irrigation is by a gravity fed system with very low operational and maintenance expenses. Wildlife is abundant with grouse, whitetail, mule deer, and elk on the property and in the area. These are end of the road properties with very good forage, water, and corridors for livestock or wildlife. They offer excellent summer and more importantly winter cover, water, and feed.
Tract 1: 39.20+/- acres with 30+/- acres irrigated. Good cover with excellent access across Barnes Creek. This property has a natural thermal warm spring and year round water for livestock. There is cover and would make an excellent hunting unit with the ability to plant irrigated food plots to attract and hold wildlife.
Tract 2: Consists of 278.85+/- contiguous acres with 270+/- acres irrigated. It has very strong grass/hay production. Gaskill Creek joins Barnes Creek and flows from the south for +/- 3/4 of a mile through the property. Barnes Creek has brook trout. This is an end of the road property in a productive and very beautiful setting.
Property Location: 6.7 air miles due south of Drummond and 2.8 air miles southeast of Hall, Montana. Driving Directions: From Drummond: Go South on Highway 1 towards Philipsburg for 6.5 miles to Hall. Take a left heading east on "Old Chicago Road" at Hall and proceed 1.9 miles to a "Y". Go right and proceed 7/10 of a mile and turn right proceeding 1 mile to the property entrance. Directional signs are posted. Owner: Garry A. Mentzer will offer the following property at auction. The final bid will be subject to seller’s approval with approval or rejection within 24 hours of auction completion. The seller reserves the right to accept or reject any and all bids. Legal Descriptions: Lands located in Township 9 North, Range 12 West, M.P.M., Granite County, Montana: Tract #1-Section 5: Government Lot 4 (NW¼NW¼) Tract #2-Section 6: Government Lots 1 and 2 (N½NE¼), S½NE¼, N½SE¼, NE¼SW¼
Terms: Title will be transferred by warranty deed with title insurance, subject to standard exceptions contained in such deeds such as reservations in patents, zoning, building and use restrictions, easements and rights of way apparent or of record, and real estate taxes for the year in which closing occurs. A non-refundable down payment of 15% of the Purchase Price will be due on Auction day from the winning bidder. The balance is due in cash at closing within 30 days at the office of: First American Title Company, 120 West Broadway, Philipsburg, Montana. The seller will cooperate with buyer’s Section 1031 Exchange, provided seller will not incur additional expense or liability by such cooperation. The property will be sold "as is where is." The buyer is responsible for conducting their own investigation and review of the property. The final bid will be subject to the seller’s approval with approval or rejection of final bid within 24 hours. Seller reserves the right to accept or reject any and all bids. Water Rights/Ditch Shares: All appurtenant water rights and/or ditch rights held by seller transfer to buyer. If tracts 1 and 2 sell to different buyers the water shall be split on a pro-rated basis of irrigated acres. Mineral Rights: All appurtenant Mineral Rights will transfer to buyer(s). Taxes: Taxes will be pro-rated from the day of closing. 2010 Taxes were $1286.63 for the entire 318+/- acres to be adjusted on a per acre basis at closing.
Improvements: Tract 2 has a 1096+/- sq ft home, wind breaks, livestock waterers, corrals, and multiple sheds. Possession: Upon closing. Your bid is considered acceptance of the terms of this auction. If you, the buyer, fail to close, the down payment is non-refundable. If the seller fails to close, 100% of the down payment will be returned. At this time there is no known reason that the seller would not be able to close. All funds will be held in the escrow account of: First American Title Company, 120 West Broadway, Philipsburg, Montana. Title Insurance: The seller will provide standard owners title insurance through: First American Title Company, 120 West Broadway, Philipsburg, Montana. 406-859-3833. Closing costs will be split equally between buyer and seller.
Shown by Appointment Steve Krutzfeldt~406-580-4207
All information is from sources deemed reliable, but is not guaranteed by the seller or the Auctioneers. Offering is subject to error, omission, pre-sale, cancellation, and approval of purchase by owner. We urge independent verification of each and every item submitted to the satisfaction of the any prospective buyer. Seller is a licensed real estate salesperson in the state of Montana currently on inactive status. The Auction Co. shall not be liable in any way if the seller fails to honor any bid, or refuses or cannot close title in accordance with the winning bid or any contract entered in respect thereof. Neither Seller or Auctioneer make representations of nature of water rights, if any. Announcements made sale day take precedence over any printed or Internet materials. The property sells "As is-Where is." SK Realty, Inc and its auctioneers are acting solely as auctioneers for the seller. |
