CUSTER COUNTY LAND & FARM AUCTION

PROPERTY LOCATION:

PARCEL I    FROM MILES CITY, MT-Take Valley Drive East to mile marker 2.

PARCEL II   FROM MILES CITY, MT- Take Hwy 59 for 1.4 miles (from Yellowstone Bridge), take Sheffield Road for 2.7 miles.  Property starts on left.

LEGAL DESCRIPTION:

PARCEL I  11.99+/- ACRES

S13, T08 N, R47 E, C.O.S. 39494, CUSTER CO FIVE AC TRS 8-9 & FISHER TR, ENV 73

9+/- Acres of Irrigated, 3 +/-Acre Building Site which includes:  1035 sq ft House, 2-bedroom, 1-bath, wrap-a-round Porch, 765 sq ft Studio/Garage w/Sunroom Area & Attached 1-car Garage. 50’x78’ Pole Barn/Hay Shed on concrete foundation, 20’x39’ Open Faced Pole Barn, 20’x20’ Enclosed Pole Barn, 14’x45’ Pole Barn/Sheep Shed, 18’x20’ Carport/Woodshed,  9’x41’ Old Milwaukee Box Car, 40’x60’ Converted Grain Elevator (3-floors), 10’x16’ Garden Shed

PARCEL II  63.2+/- ACRES

S36, T08 N, R46 E, LOTS 1-4

ALL GRAZING w/Potential Gravel Income (test holes w/gravel samples)
 

IMPROVEMENTS:  The house has a newly remodeled kitchen and bath, new electrical panel, and new sewer line.  The Studio/Garage has wood stove and running water, no sewer.

MINERAL RIGHTS:  No mineral rights will transfer.

A title commitment has been ordered and will be available, at their request, to prospective buyers for inspection prior to sale day.  The above may or may not be the proper legal description; it was taken from the Custer County Tax Receipts. 

TAXES:  Taxes will be pro-rated from the day of closing. 

TITLE INSURANCE:  Standard owner’s title insurance will be provided by the seller through Security Abstract & Title, 510 Main Street, Miles City, MT, 406-234-3415.

TERMS:   Cash.  10% down sale day, the balance due at closing approximately 60 days from sale date at the office of Security Abstract & Title, 510 Main Street, Miles City, MT, 406-234-3415.

BUYERS PREMIUM ON REAL ESTATE ONLY:  A 2 % Buyer’s premium will be added to the winning bid price to arrive at the total contract price paid by the purchaser. 

Your bid is considered acceptance of the terms of this auction.  If you, the Buyer fails to close, the down payment is non-refundable.  If the Sellers fail 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 are held in the escrow account of Security Abstract & Title, 510 Main Street, Miles City, MT, 406-234-3415.

All information is from sources deemed reliable but is not guaranteed by the Sellers or the Auctioneers.  Offering is subject to error, omission, and approval of purchase by owner.  We urge independent verification of each, and every item submitted to the satisfaction of any prospective buyer.  It is every potential bidder/purchaser’s sole responsibility to accomplish his or her due diligence in whatever manner he or she deems advisable.  Announcements made sale day take precedence over any printed materials.  The property sells “As Is-Where Is.”

R-K Statewide Auction Service and its auctioneers are acting solely as auctioneers for the Seller.

FOR MORE INFORMATION CONTACT:

R-K Auction Company
www.r-kauction.com

Rick Kniepkamp
(406) 485-2548 or (406) 939-1632 cell