For Sale

Indart Ranch

$2,950,000 Buffalo, WY 1,291± Deeded Acres

Executive Summary

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.

Just the Facts

  • 1,291± all deeded acres
  • Deeded, blocked, contiguous grass ranch
  • Watered by natural springs and ponds
  • Annual grazing lease to local rancher apx. $5,838
  • No structural improvements
  • Located 50 miles south of Buffalo on the Hazelton Road
  • Excellent elk and mule deer hunting
  • First time offered to public

General Description

The north end of the ranch is crossed by the Hazelton Road providing easy access. This end of the ranch contains rimrocks and some deep timber, along with ponds and springs. To the southeast one crosses a small divide that drops into a grassy basin lined with cliffs and rimrocks. Overall, the Indart Ranch offers an appealing mix of timber, grasslands, and rocky cliffs offering comfortable grazing and protection for livestock, as well as outstanding wildlife habitat.

Broker's Comments

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. 


 

Learn about the locale

Location

Easily accessed seasonally, the Indart Ranch lies about 50 road miles south of Buffalo along the Hazelton Road. About one-third is paved and two-thirds is well-maintained county graveled road. This road is not kept open in the winter, but is well-kept during the other months of the year. Buffalo is an attractive small town providing most services that one would expect and need. Commercial air service to the area can be found in Sheridan which is 35± miles north of Buffalo.

Locale

The ranch is located in an area of good-sized private holdings primarily used as summer pasture for larger commercial ranches that have home bases between Buffalo and Kaycee. Many double as hunting camps since this is an area of predictably strong wildlife populations.

Climate

As discussed in the General Description, the ranch offers a variety of topography that varies from open basins to foothills and rimrock formations. This is an area that gets good snowfall in the winter and would be available for fun snowmobile trips – especially if one were to build an off-the-grid cabin as a destination and place to overnight. Both solar and wind installations have reached a high-degree of practicality and affordability that have rendered these off-the-grid locations highly habitable on a year-around basis.

History

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. 


 

Learn more about the property

Acreage (Deeded & Leased)

Deeded Acres: 1,291±
BLM Leased Acres: 80±
Total Leased Acres: 80±
Total Acres: 1,371±

Additional Information

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:

  1. No state income tax on personal or corporate income or out of state retirement income
  2. No state inheritance or gift tax
  3. No state capital gains tax
  4. Dynasty trusts are permitted in Wyoming
  5. No tax on personal property held for personal use
  6. Property taxes in general are low and based on assessed values. 
  7. No taxes on the sale of real estate

Please consult a tax professional for more information and assistance in evaluating Wyoming as “tax haven”.

 

Improvements

The ranch is unimproved, except for fences and spring developments.

Water Resources

The primary sources of water on the ranch are springs and small reservoirs.


 

Mineral Rights

No mineral rights are included in this offering. 


 

Taxes

Real estate taxes are estimated to be approximately $605 per year based on past years’ history.


 

Learn about the recreational amenities

Wildlife Resources

The ranch offers outstanding mule deer and elk hunting. 


 

Learn about the general operations

General Operations

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. 


 

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