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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$625,000
Bedrooms: 4
Baths: 5
Approx Sq Ft: 6802
9605 Us Highway 42
Louisville, KY 40059
MLS #: 1398379
Subdivision: sutherland
This once elegant Elite built estate home in Sutherland just needs some updates and cosmetics to return to showcase status. With over 6,500 sq. ft. on 3...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Rainey, Jones & Shaw Realtors
$300,000
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
$144,900
Bedrooms: 4
Baths: 2
Approx Sq Ft: 1475
10208 Foxboro Dr
Louisville, KY 40223
MLS #: 1401267
Subdivision: foxboro manor
Nice stone 4 bedroom, 2 bath tri-level in Foxboro Subdivision. Bank-owned Foreclosure, sold as-is, needs work and won't go VA or FHA in current condition....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max First
$139,950
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1545
6200 Broxie Ct
Louisville, KY 40258
MLS #: 1398333
Subdivision: rivers end
BANK OWNED.....EXCELLENT OPPORTUNITY FOR A GREAT BUY!!! PVA tax assessed $172,700, 1545 sq ft, 3BR's, 2 full baths, huge eat-in kitchen with lots of...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$113,500
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.
10512 Clayton Allen Blvd Louisville, KY 40229
$94,900
Bedrooms: 2
Baths: 3
Approx Sq Ft: 1380
10512 Clayton Allen Blvd
Louisville, KY 40229
MLS #: 1395364
Subdivision: cooper farms
Brick and vinyl townhome with 2 bedrooms and 2 1/2 baths. Bank-owned Foreclosure, sold as-is. Overall good condition with just some cosmetics needed....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max First
$94,500
Bedrooms: 2
Baths: 2
Approx Sq Ft: 1075
8415 Ambrosse Ln
Louisville, KY 40299
MLS #: 1400387
Subdivision: windsor gate
BANK OWNED PROPERTY. Welcome Home! Second floor condo has been renovated and is move in ready. Seller is willing to pay up to the first 6 months of HOA dues...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Weichert Realtors - Abg Properties
$84,900
Bedrooms: 3
Baths: 2
Approx Sq Ft: 2042
540 Deepwood Dr
Radcliff, KY 40160
MLS #: 1377075
Subdivision: woodland park
Property is bank owned. Being sold as is, where is. Ranch, 4bedrooms, 1.5 baths, family room, sun room, shed and fenced yard. See agent notes for showing...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Executive Group, Inc.
$75,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1014
4408 Malcolm Ave
Louisville, KY 40215
MLS #: 1398261
Get a deal on the bank owned property. The living areas are open. The the kitchen has attractive light wood cabinets and very nice counters. Off the kitchen is...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of England Associates
$74,900
Bedrooms: 2
Baths: 1
Approx Sq Ft: 912
424 N Main St
Lawrenceburg, KY 40342
MLS #: 1397217
Subdivision: downtown
Good location! 2 bedroom, 1 bath, good investment, call today, need notice to show, bank owned, buyer/buyer's agent to verify all aspects of property.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Century 21 Commonwealth Real Estate
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IN THE NEWS

Monday, September 08, 2014

Louisville and National Home Sales Slow

The numbers for Louisville Home sales are in for August 2014 and there are a lot of questions. First the good news, the average sale price for Louisville homes was up 10.34% compared to a year ago.  The number of continues days on the market was down 9.57. So prices are up and days on the market are down but that’s just the start of the new numbers. As of this ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 9,756
Month-Over-Month Change: -1.62%
Average Days On Market: 159
Total New Properties Today: 5
Median List Price: $134,900
Month-Over-Month Change: 0.00%