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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$649,000
Bedrooms: 6
Baths: 6
Approx Sq Ft: 8457
1315 Harrington Mill Rd
Shelbyville, KY 40065
MLS #: 1402820
Third party lender approval required. Log home nestled on 15 acres down a long drive on a county road, yet minutes from conveniences. Welcome to your country...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Properties East
$599,900
Bedrooms: 4
Baths: 2
Approx Sq Ft: 2610
1194 Buck Creek Rd
Campbellsburg, KY 40011
MLS #: 1404428
WOW! GREAT 280 ACRE CATTLE FARM with combination of pasture and wooded acreage that is partially fenced. Property also features several large barns, silo and...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$599,900
Bedrooms: 4
Baths: 2
Approx Sq Ft: 2610
1194 Buck Creek Rd
Campbellsburg, KY 40011
MLS #: 1404433
WOW! GREAT 280 ACRE CATTLE FARM with combination of pasture and wooded acreage that is partially fenced. Property also features several large barns, silo and...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$129,900
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1540
100 Limp Rd
Big Clifty, KY 42712
MLS #: 1410626
BANK OWNED PROPERTY. Here is your chance to own a LOG and stick built 1.5 story Home sitting on 2.68 acres. Master offers a walk in closet, half bath on main...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Elite Realty Group
$119,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1686
3005 Huberta Dr
Louisville, KY 40216
MLS #: 1412498
Subdivision: murray heights
MAKE OFFER! BANK Owned. Priced $14,000 Below Taxed Assessed Value! 3 Bed, 1.5 Bath, Partially Finished Basement. 2.5 Car Garage (20x22), 2 Car Carports...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Dream J P Pirtle Realtors
$98,000
Bedrooms: 4
Baths: 2
Approx Sq Ft: 1406
10007 East Ave
Louisville, KY 40272
MLS #: 1411270
Subdivision: mount view
Get a deal on this bank owned property. A Mid-century modern style home in Valley Station with an open floor plan. There are 3 bedrooms, all with new carpet,...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of England Associates
$88,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1656
4203 Quiet Way
Louisville, KY 40219
MLS #: 1405670
Subdivision: shady villa
Roof is 4 years old; furnace, ac and water heater have all been replaced since the Seller lived here. Family room features a fireplace and bar and full...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty Louisville East
$75,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1350
510-512 E Oak St
New Albany, IN 47150
MLS #: 1402167
510-512 E Oak Street is a single family home with a double lot approx. 30ft wide concrete driveway with a large detached garage. 3 bedrooms, 2 full baths & a...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$72,500
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1571
2120 Fawcett Hill Rd
New Albany, IN 47150
MLS #: 1402305
Opportunity to purchase a bank owned property. This stone house sits on a partially wooded lot with a 2 car garage at the foot of the hill and additional...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of England Associates
$71,500
Bedrooms: 5
Baths: 2
Approx Sq Ft: 2289
4901 Belmont Ave
Louisville, KY 40258
MLS #: 1400039
Nice southend home located in an established neighborhood. This property offers 2 stories of living space containing 5 Bedrooms, 2 Bathrooms, 2 Fireplaces,...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Realhome Services And Solutions, Inc.
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IN THE NEWS

Saturday, March 07, 2015

Louisville Home Sales up in February 2015

Snow, freezing temperatures and ice on the roads did little to stop Louisville home buyers last month.  New Louisville home sales numbers for February 2015 are more than encouraging, their down right exciting! The number of homes going under contract last month was up an impressive 16.9% (last month the number was 26.3%) from the same period a year before.  The new ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 7,616
Month-Over-Month Change: -1.39%
Average Days On Market: 183
Total New Properties Today: 24
Median List Price: $129,900
Month-Over-Month Change: 3.10%