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 #: 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
$150,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1996
8708 Windsor View Dr
Louisville, KY 40272
MLS #: 1417068
Subdivision: windsor forest
REDUCED!!! Foreclosure action filed!!! Spacious home in a park like setting. Relax by the fireplace in the family room with your family or take the kids to...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Henderson Realty Service Llc
$150,000
Bedrooms: 4
Baths: 3
Approx Sq Ft: 3250
415 Old Towne Rd
Louisville, KY 40214
MLS #: 1400936
Subdivision: yorktown north
This is a pre-foreclosure sale. The banks loss is your gain. Home needs some work and is a great bargain for the price. 4 bedrooms 2.5 baths finished basement...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty- Louisville
$139,500
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1763
12201 Hideaway Ct
Louisville, KY 40245
MLS #: 1418742
Subdivision: east bay villas
Move in ready stand alone condo with an open floor plan located on a cul de sac. This amazing home features 1763 sqft, 3 bedrooms, 2 full and 1 half bath, jet...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Jag Realty, Inc.
$128,000
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.
$119,900
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1540
100 Limp Rd
Big Clifty, KY 42712
MLS #: 1410626
REDUCED...BANK OWNED PROPERTY.. Log and stick built 1.5 story sitting on 2.68 acres. Beamed ceilings - formal dining room -Eat in Kitchen with breakfast bar-...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Elite Realty Group
524 Virginia Ave Louisville, KY 40222
$104,000
Bedrooms: 2
Baths: 1
Approx Sq Ft: 1093
524 Virginia Ave
Louisville, KY 40222
MLS #: 1414376
Subdivision: warwich villa
Brick and vinyl 2 bedroom, 1 bath home on a crawl space in great location near Oxmoor. Bank-owned Foreclosure, sold as-is, needs work. Seller will not turn...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max 100
$96,000
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
$80,000
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
$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
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LOUISVILLE Market Trends

Total Properties Listed: 7,813
Month-Over-Month Change: 0.54%
Average Days On Market: 166
Total New Properties Today: 14
Median List Price: $135,000
Month-Over-Month Change: 2.27%