Ole & Irene Kotke Land Auction

Ole & Irene Kotke Land Auction

Click the link below to view:
https://bid.oldsauction.com/auctions/1802212/lots

OLE & IRENE KOTKE LAND AUCTION – 312.78 acres m/l
RED DEER COUNTY, AB

NO BUYERS PREMIUM

OPENS SATURDAY MARCH 28, 2026 AT 9AM
STARTS TO CLOSE MONDAY MARCH 30, 2026 AT 12PM
 
 Call Tyler Rosehill with questions and viewing options at 403-507-1782.

Directions:  From Lousana Alberta (south of Delburne Alberta) go east on Highway 42/Twsp 364 for 2.8km (1.75 miles) go south on Range Road 230 for 4.8kms (3 miles), the road turns east for half mile half section is on south side of road.
Legal Descriptions:  NE-6-36-22-W4M – 156.16 acres m/l
                                NW-6-36-22-W4M-156.62 acres m/l
•    Selling in two separate lots
•    Perimeter fenced – needs some repair
•    Good Access
•    Power and water well at the home yard & barn
•    Currently in hay/pasture with some trees and ponds
•    Oil Revenue
•    Lot 1 will be the quarter with the house and services (NE-6-36-22-W4M) 
•    Lot 2 will be the bare quarter just west of the home quarter (NW-6-36-22-W4M)

This is an awesome opportunity to own a half section of land which is adjoining and productive, located in east central Alberta. This 313 acres of land has good access to both quarters and also has oil revenue. Most of the half section is in hay, with the remainder in trees and ponds. There is an old farm yard which is serviced with power and a water well. There is perimeter fencing as well (could use some maintenance/updating). This is a great opportunity to own productive and hard-to-find land located in the heart of central Alberta.                
2025 Taxes: NE – $1,263.29

2025 Taxes: NW – $269.67
2025 Oil Revenue NW – $3,225.00
 
TERMS AND CONDITIONS
A deposit of 10%, payable to Rosehill Auction Service Ltd., will be required from the successful bidder on the auction day. The balance is due on or before May 22th, 2026. A real estate contract will be prepared and provided to the successful bidder for signature. The successful bidder shall not impose any conditions in respect of the purchase. The real estate will be sold as is, where is. The successful bidder should be prepared to pay their share of legal fees for their lawyer to handle their side of the transaction. The balance of the purchase price is due on the closing date as set out in the real estate contract. The final bid will be subject to the Executor’s approval. If the Executor does not accept the final bid, the deposit will be returned to the bidder, and the sale voided. If the Executor accepts the bid, the successful bidder is obligated to purchase the property at the accepted bid amount, and if the successful bidder fails to do so, the full deposit will be forfeited to the Executor as liquidated damages.