Louisville KY Foreclosures for Sale

If you are looking for a home in the Louisville area you might consider purchasing a property that was in foreclosure.  While not for everyone, if you do some research, ask the right questions and seek professional advice, foreclosure properties can give you some real bang for your buck.

Here are some ideas to help you guard your investment before you buy a property that came onto the market due to foreclosure:foreclosure properties in Louisville KY

Foreclosure properties in Louisville take time get listed on the market.  If you see a home that interests you and it appears to be unoccupied, check with your real estate professional to see if it is available. If it is in a foreclosure process, it may be some months before the property is listed on the market. Once the sale is advertised, your work begins. If a home was in foreclosure, compare the property value to others in the area. Is the listing price favorable? If so, you can schedule an appointment to see the home.

 If you really like what you see and would like to place an offer on the home, consider hiring a certified home inspector to carefully assess the condition of the property. A successful home inspection can be made a condition of your sale offer. This is important, because if the previous owner was under financial pressure, he/she may not have properly maintained the home. Getting a home inspection report can save you save you nightmares later.

One other safeguard you may be able to put into place on a foreclosure property is a home owner’s warranty.  Often this can be made a condition of the sale and requires the owner to purchase one year of home owner warranty coverage at their expense. That way, if the unexpected happens you are facing a small deductible, not a major repair.

In today’s market, foreclosure properties can offer an incredible value if you do the research and take the time to guard your investment before you buy.

Search Foreclosures

These Foreclosures for sale are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Foreclosures for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Foreclosures come on the market.

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$599,950
Bedrooms: 6
Baths: 5
Approx Sq Ft: 5900
13020 Wellington Way
Goshen, KY 40026
MLS #: 1445030
Subdivision: longwood
BANK OWNED, BUT THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY!!! Exquisite custom-built home is located in Longwood Subdivision, one of Oldham County's most...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$309,900
Bedrooms: 4
Baths: 3
Approx Sq Ft: 2819
310 Woodsdale Farm Ct
Shepherdsville, KY 40165
MLS #: 1457096
Subdivision: woodsdale farms
Large brick 1 1/2 story home, only 15 years young, located on 10 acres in a nice subdivision in Shepherdsville. Open floorplan with first floor master suite...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max 100
$309,000
Bedrooms: 3
Baths: 3
Approx Sq Ft: 2200
14513 Signature Point Dr
Louisville, KY 40245
MLS #: 1456902
Subdivision: signature point
This IS NOT your typical bank foreclosure! 3 bedroom, 2.5 bath spacious condo has everything you're looking for including an over-sized bonus room. Make sure...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Pcs Real Estate
$123,000
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1965
6313 Riverdale Rd
Louisville, KY 40272
MLS #: 1455209
1977 Ranch sits on a well manicured lot measuring approximately 1 acre. The home offers 3 bed, 2.5 bath, with about 1975 square feet of living space, and an...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Owners.Com
$88,500
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1546
3510 Winnland Dr
Louisville, KY 40219
MLS #: 1453923
BRICK/VINYL TRI-LEVEL WITH 3 BEDROOMS, 1.5 BATHS, FAMILY ROOM WITH FIREPLACE IN LOWER LEVEL, FENCED YARD, 2 CAR DETACHED GARAGE, MUST HAVE PROOF OF FUNDS FOR...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Properties East
$85,000
Bedrooms: 1
Baths: 1
Approx Sq Ft: 1196
5100 Us Hwy 42
Louisville, KY 40241
MLS #: 1435995
Subdivision: glenview
Prestigious Glenview! Most utilities and maintenance included in monthly fee. You pay only your personal TV/phone/internet. Elevator for convenient access....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Associates Of Louisville
$84,700
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1332
11715 Wiltonwood Ct
Louisville, KY 40272
MLS #: 1452391
BRICK RANCH, ALMOST ALL CERAMIC FLOORS, COULD BE A NICE HOME WITH SOME WORK, SOME CEILING FANS, FAMILY ROOM IN REAR, COVERED FRONT PORCH, PATIO, PRIVACY FENCED...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Properties East
$64,900
Bedrooms: 2
Baths: 1
Approx Sq Ft: 912
424 N Main St
Lawrenceburg, KY 40342
MLS #: 1443403
Subdivision: downtown
Just recently freshened up inside and out. Hardwood floors look good! Good location! 2 bedroom, 1 bath, good investment, call today. bank owned, buyer/buyer's...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Century 21 Commonwealth Real Estate
$49,900
Bedrooms: 2
Baths: 1
Approx Sq Ft: 1381
115 S Sunset Ln
Harrodsburg, KY 40330
MLS #: 1451117
Cozy 2 bedroom, 1 full bath, brick veneer with multiple living areas! Buyer and Buyer's agent must register at auction web site ask agent for details. Contact...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Lois Ann Disponett Real Estate
$8,600
Bedrooms: 3
Baths: 1
Approx Sq Ft: 896
1616 S 22Nd St
Louisville, KY 40210
MLS #: 1454820
Great price! 1920's home with three bedrooms, one bath and approximately 900 square feet. Partial basement, formal dining room and master on main level. REO...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Owners.Com

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LOUISVILLE Market Trends

Total Properties Listed: 7,176
Month-Over-Month Change: 2.43%
Average Days On Market: 160
Total New Properties Today: 17
Median List Price: $144,000
Month-Over-Month Change: -3.94%