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
$617,400
Bedrooms: 4
Baths: 5
Approx Sq Ft: 6700
6510 Innisbrook Dr
Prospect, KY 40059
MLS #: 1407111
Subdivision: innisbrook
IMPRESSIVE EXECUTIVE HOME IN DESIRABLE NEIGHBORHOOD. QUALITY DETAILS THROUGHOUT. BACKS UP TO 48 ACRE FARM. 4 CAR GARAGE. HOME OFFICE HAS SEPARATE OUTSIDE...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Associates Of Louisville
$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
$275,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 2400
6600 Del Haven Ln
Louisville, KY 40059
MLS #: 1401473
This bank-owned property offers 4.4 total acres with a large ranch that would require total renovation. Rolling ground, may be possible to subdivide. Large...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Weichert Realtors-Abg Properties
$155,000
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
$124,950
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1415
1908 Milburt Dr
Louisville, KY 40223
MLS #: 1408992
Subdivision: whipps mill gardens
BANK OWNED .... THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY, HERE'S A ''DIAMOND IN THE ROUGH''.... EXCELLENT OPPORTUNITY WITH LOTS OF HOUSE FOR THE MONEY !!!...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$110,000
Bedrooms: 4
Baths: 2
Approx Sq Ft: 1406
10007 East Ave
Louisville, KY 40272
MLS #: 1408317
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
$109,000
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
$104,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1211
1088 Poplar Flat Rd
Bardstown, KY 40004
MLS #: 1408725
Subdivision: maria estates
Bank owned home. New paint and some new flooring. The home features a large family room with cathedral ceiling split floor plan a private master bedroom with a...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Schuler Bauer
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IN THE NEWS

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Require These 5 Things of Your Listing Agent

Require These Five Things of Your Listing Agent Before Signing Up Have you been considering selling your Louisville home? If so, there's lots to be done and especially lots to be certain you don't overlook. Hiring a professional real estate agent can help you with it all! Much like a great doctor or accountant, a great agent is always worth more than the commission they charge....  Read More

LOUISVILLE Market Trends

Total Properties Listed: 7,998
Month-Over-Month Change: -5.01%
Average Days On Market: 189
Total New Properties Today: 8
Median List Price: $125,000
Month-Over-Month Change: -1.57%