Bankruptcy Court Orders Auction of Historic Brick House Farms in Maryland

Brick House Farms Auction: A Historic Opportunity in Maryland The United States Bankruptcy Court in Maryland has officially sanctioned the auction for Brick House Farms, an iconic estate located in Ellicott City, Maryland. This significant event comes as part of the liquidation process for Taro Investment Corporation, which has faced bankruptcy. The upcoming online auction is set to begin on Nov. 12 and will conclude on Nov. 18, offering bidders a chance to acquire a unique piece of property that holds both historical and commercial potential. Brick House Farms encompasses 102 acres and includes various features such as a 20,000-square-foot light industrial building that previously operated as a natural alkaline springs water bottling plant. This property is not just a parcel of land; it's a historic site that dates back to the 19th century, boasting a main house and barns that are registered with the Maryland Historical Trust. The sprawling estate is enhanced by beautiful landscapes featuring streams, ponds, pastures, and a modern stable, which could appeal to both residential buyers and agricultural enterprises. ## Auction Details and Participation Interested bidders can find detailed information about the auction at TaroAuction.com. The website provides comprehensive resources, including a Bid Package with requirements for becoming a "Qualified Bidder," procedures for court-ordered bidding, an FAQ section, title abstracts, as well as testing and reports about the natural alkaline springs. Additionally, the site offers crucial information about local demographics and important dates to remember.

A 1.5% Broker Cooperation Fee is available to licensed real estate brokers who follow the court's broker and client registration process. According to Louis B. Fisher III, the National Director of SVN Auction Services, the auction is poised to offer winning bidders a clear and marketable title to the property. Fisher stated, "The property presents a potential opportunity to re-establish and revive the natural alkaline springs bottling plant and operations or a restored estate, a working horse farm, or other agricultural uses." SVN Auction Team members are extensively experienced in the field, collectively boasting over 100 years of experience in planning and executing successful auctions and sealed bid sales across North America, Mexico, Puerto Rico, and the U.S. Virgin Islands. This auction marks a pivotal moment for both the estate and potential buyers, showcasing the unique possibility to breathe new life into a historic Maryland landmark. Whether you're a serious investor, a developer with a vision, or someone looking for a luxurious estate, Brick House Farms could be your chance to seize not just a property, but a bit of history in Ellicott City. ### Final Words This auction represents much more than just a sale; it's an invitation to join the storied past of Maryland's agricultural legacy and to become part of its future. Potential bidders should prepare to register and get all necessary information in order to make the most of this rare opportunity. For any inquiries, feel free to contact Louis B. Fisher III at SVN Auction Services, LLC at 954-931-0592, or visit www.TaroAuction.com for further details on participating in this exciting auction.