Indian Creek (C-26794)

Indian Creek (C-26794)

Auction Date:
October 24 2018
Minimum Bid:
Minimum Acceptable Price is Disclosed at $130,000
SOLD for $155,000
County:
Beaver County
Acres:
199.29 Acres, More or Less
General Information

CLOSING COSTS:

These costs cannot be financed and are in addition to the 10% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $1,800.00
Cultural Resources Survey: $500.00
Grazing Bonus Bid Reimbursement: $2,600.00
Legal Advertising Cost: $375.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $6,025.00

 

Legal Description:

Township 28 South, Range 7 West, SLB&M
Section 32:  S½NE¼ (Less 0.71 for ROW 790), N½SE¼, SE¼SW¼

Video of Parcel:

Location:

This parcel is located approximately 3.5 miles north of Beaver, Utah and approximately 1 mile west of I-15.

Access:

This parcel has two county-claimed Class B roads which run into and through the parcel.

Other:

The elevation range is 6,000 feet to 6,300 feet on the high points of the property. The topography is mostly flat with a ridge top overlooking Indian Creek.  The views are great in all directions. The vegetation consists of scattered juniper trees with an under story of brush and grass. This parcel is bordered by private land. This area offers privacy, and solitude in a great rural Utah location. The Beaver area has many recreational opportunities including hunting, hiking, fishing, and site seeing. This parcel is in a great location away from the crowds and has lots of possibilities.

Acreage:

199.29 acres, more or less

Water:

None

Utilities:

None

Zoning:

MU-20 (Multiple Use) with 20 acres minimum to build

Financing:

Financing will be offered for this parcel.  A down payment of 10% and closing costs will be due at the auction.  The remaining balance can be financed at a variable rate of prime plus 2.5% for a 20 year term.

Encumbrances

Mineral Leases:

None

Surface Leases:

  1. Easement No. 1462, issued to Beaver County, for Class B roads, for a perpetual term
  2. Predesignation No. 736, issued to Beaver County, for Class B roads, for a perpetual term
  3. Grazing Permit No. 23314, issued to High Hope Cattle Company, LLC (this land will be deleted from the permit upon sale)
Disclosure and Contact

Disclosures:

  1. Please see the auction page for general disclosures and auction procedure information which pertains to all properties being offered at the auction.
  2. The property will be conveyed subject to all valid existing rights.
  3. A cultural resource survey was conducted on the subject property.  The property will be sold subject to the site(s) which were identified.
  4. All minerals, including the sand and gravel are reserved to Trust Lands Administration.
  5. The following comment was received from the Utah Geological Survey (UGS):  “Potential geologic hazards in the region that could affect the site include stream flooding, flash flooding/debris flow, earthquake-related hazards associated with the Beaver Basin faults, problem soils including shrink/swell and/or collapsible, and indoor radon potential.  Potential hazards should be addressed in a manner appropriate to the intended use of the property.  Geologic hazards are best addressed early in the planning process prior to development and construction.  UGS has general geologic hazard information available at its offices and online at http://geology.utah.gov/utahgeo/hazards/index.htm.”
  6. Other disclosures, if any, will be announced at the auction.

Contact for Additional Information:

Ron Torgerson
Resource Specialist
rgtorgerson@utah.gov
(435) 896-2559

Diane Lund
Sales Coordinator
dlund@utah.gov
(877) 526-3725 or (801) 538-5163

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