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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$599,000
Bedrooms: 6
Baths: 6
Approx Sq Ft: 8457
1315 Harrington Mill Rd
Shelbyville, KY 40065
MLS #: 1422027
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
$395,000
Bedrooms: 5
Baths: 5
Approx Sq Ft: 4220
307 Shallowford Pl
Louisville, KY 40245
MLS #: 1415138
Subdivision: locust creek
BACK ON MARKET! Outstanding opportunity here! Bank owned! Needs some work, but not much! Cul-de-sac street, walkout 2 story overlooks wooded lot with creek...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Weichert Realtors-Abg Properties
$145,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1803
3201 Pomeroy Dr
Louisville, KY 40220
MLS #: 1403342
Subdivision: breckenridge estates
Pre-Foreclosure Sale Banks loss is your gain. Corner lot home, with new paint and original hardwood floors. Backyard is fenced with breezeway. Plenty of...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty- Louisville
$121,600
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1358
12202 Bay Run Dr
Louisville, KY 40245
MLS #: 1417418
Subdivision: bay run
Attractive 3 bedroom 2 1/2 bath cape cod situated on a mature lot in an established neighborhood. This conveniently located home offers 1,358 s.f. of living...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Realhome Services And Solutions, Inc.
$115,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1025
7104 Bedum Ln
Louisville, KY 40258
MLS #: 1420041
Preforeclosure. Your gain is the banks loss. Nice 3 bedroom 1 bath stone home with a large deck on the rear overlooking a large back yard. Basement is a blank...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty- Louisville
$109,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1686
3005 Huberta Dr
Louisville, KY 40216
MLS #: 1412498
Subdivision: murray heights
BACK ON MARKET *** PRICE REDUCED! BANK Owned. Priced $24,000 Below Taxed Assessed Value! 3 Bed, 1.5 Bath, Partially Finished Basement. 2.5 Car Garage...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Dream J P Pirtle Realtors
$89,950
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1254
1843 Farnsley Rd
Louisville, KY 40216
MLS #: 1423325
THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY!!! BUT PRICE REFLECTS THE USUAL BANK OWNED PROPERTY!!! BELOW MARKET PRICE!!! MOVE-IN CONDITION, 3BR's, 2 full...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$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
$69,900
Bedrooms: 2
Baths: 1
Approx Sq Ft: 1232
14605 Dixie Hwy
Louisville, KY 40272
MLS #: 1418984
Vinyl exterior ranch with potential. This bank owned ranch has 2 bedrooms, 1 bath, eat-in kitchen, family room and living room on main floor and large...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Just For You Realty Llc
$69,500
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1479
403 Main St
Ghent, KY 41045
MLS #: 1413825
Subdivision: ghent
Pre-foreclosure, will need third party approval. Need notice to show. This bedford stone front ranch style home offers 3 bedrooms, a living room with...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Options Realty & Consulting
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Wednesday, June 24, 2015

Summer Events in Louisville 2015

Summer Events in Louisville Check out these great summer events in Louisville, Kentucky! Kentucky Shakespeare in Central Park - Experience the 55th season of FREE Shakespeare in Central Park running from June 3rd to August 9th. You can enjoy not only Shakespeare, but food from the Louisville Food Truck Association, drinks from Brown Forman, and live pre show entertainment each ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 8,114
Month-Over-Month Change: 3.22%
Average Days On Market: 163
Total New Properties Today: 23
Median List Price: $138,948
Month-Over-Month Change: 1.50%