Meade Creek Equestrian Ranch
Big Horn, WYLocated 15 minutes outside of Sheridan, consisting of 45± acres. Dramatic mountain views, extreme privacy, and a main home within an equine-rich area. Short drive to the Big Horn Equestrian Center.
The 1,291± acre Indart Ranch lies atop the Big Horn Mountains about 50 miles south of Buffalo in an area of deeded and scattered State and BLM lands situated south of the high peaks that form the heart of the Big Horns. This area is prized for its strong summer grasses and significant wildlife population. The ranch is essentially unimproved and off-the-grid. The property is distinguished by the fact that it is bounded by hundreds of acres of State and Federal lands that serve to increase its footprint as a hunting retreat. The property consists of open grassy basins bounded by dramatic rimrocks and large patches of timber that offer comfortable habitat for elk and mule deer. The ranch is watered by springs and ponds which enhance its summer grazing capacity and assures its ability to produce good income from local ranchers looking for summer range.
The Indart Ranch offers an opportunity to invest in a beautiful and very private piece of mountain property that provides both strong seasonal grazing and outstanding hunting at an affordable price per acre. The lack of improvements gives one an opportunity to take advantage of current technology to build a comfortable off-the-grid vacation home or hunting retreat.
The Indart family was one of many Basque families that settled in the Buffalo Kaycee area and put together large ranching operations – most actually ran sheep. This was one of the areas well-known for the antipathy between sheep ranchers and cattle ranchers. The famous Johnson County Wars were all about this conflict. The family sold their holdings over 20 years ago, but retained this unit thinking that family members would utilize it. However, the family now lives on the east coast and Colorado and the next generation has moved on.
CONSERVATION EASEMENT
There are no conservation easements on the Indart Ranch, which gives a new owner an opportunity to donate or sell an easement and protect this beautiful tract of native mountain range from development while lowering one’s investment basis.
WYOMING AS A TAX HAVEN
Many consider Wyoming to be one of the tax friendliest states to live in. Here are a few of the reasons:
Please consult a tax professional for more information and assistance in evaluating Wyoming as “tax haven”.
The primary sources of water on the ranch are springs and small reservoirs.
No mineral rights are included in this offering.
Real estate taxes are estimated to be approximately $605 per year based on past years’ history.
The ranch offers outstanding mule deer and elk hunting.
The Indart Ranch has traditionally been leased to a local rancher for summer grazing. The current tenant runs sheep on the property during the summer grazing season. The annual rental is $5,838. The lease is on a year-to-year basis and can be cancelled in advance of its April start date.
The professionalism of Peter and Tina distinguished them, and their firm, in the ranch real estate sector.
When I realized that my contract for a land purchase in Sheridan, WY did not afford a long period to closing, I was certain that I would not be able to draw upon debt financing for the purchase. My Hall and Hall broker/advisor, Peter Widener, who guided me through the contract process, encouraged...