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
$91,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1332
11715 Wiltonwood Ct
Louisville, KY 40272
MLS #: 1452391
BRICK RANCH, ALMOST ALL SERAMIC FLOORS, COULD B 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
$87,900
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
$75,000
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1553
501 Meadowbrook Ct
Louisville, KY 40214
MLS #: 1446861
Subdivision: fleming park
This is a great find, it is ready for some upgrades so here is your opportunity to see what you can accomplish here. Features include three bedrooms, two full...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Owners.Com
$67,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 2029
2101 Auburn Dr
Louisville, KY 40216
MLS #: 1450255
Subdivision: shively
Investors take note. This pre-foreclosure home has great potential. Property sold as is. Subject to 3rd party approval.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$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
$54,900
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
$50,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1422
639 E Saint Catherine St
Louisville, KY 40203
MLS #: 1448747
Bank Foreclosure. This home is being sold as-is, where is. Seller and seller's agents do not warranty the existence of heating and air units and other...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
3322 Linwood Ave Louisville, KY 40211
$1
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1101
3322 Linwood Ave
Louisville, KY 40211
MLS #: 1456670
ABSOLUTE ONLINE AUCTION! 1 of 3 Bank Owned Properties. No Minimum, No Reserve! Online bidding ends Thur. Sept. 8th. 1.5 story 7 room single family home....
Open House:  Tuesday, September 06, 2016 from 12:01 PM - 2:00 PM
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Wardlow Auctions, Inc
409 S 18Th St Louisville, KY 40203
$1
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1258
409 S 18Th St
Louisville, KY 40203
MLS #: 1456676
ABSOLUTE ONLINE AUCTION! 1 of 3 Bank Owned Properties. No Minimum, No Reserve! Online bidding ends Thur. Sept. 8th. A 10 year old 2 story 7 room single...
Open House:  Tuesday, September 06, 2016 from 12:01 PM - 2:00 PM
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Wardlow Auctions, Inc

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LOUISVILLE Market Trends

Total Properties Listed: 7,031
Month-Over-Month Change: -2.27%
Average Days On Market: 160
Total New Properties Today: 17
Median List Price: $149,900
Month-Over-Month Change: 0.00%