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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$259,900
Bedrooms: 4
Baths: 4
Approx Sq Ft: 3755
427 Park Ave
Elizabethtown, KY 42701
MLS #: 1425236
Subdivision: willow creek
HOME IS A REO BUT IT IS IN A GREAT LOCATION, FULL BASEMENT, IN GROUND POOL, PRIVACY FENCED YARD. TOTAL OF 4 BEDROOMS PLUS AN OFFICE. MASTER IS ON THE MAIN...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Executive Group, Inc.
$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
$104,500
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1892
4601 E Pages Ln
Louisville, KY 40272
MLS #: 1425742
Bank owned. Earnest money, once contract is accepted must be in certified funds. Seller's and seller's agent have no personal knowledge of property condition...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Vista Realtors
$100,000
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
$79,950
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1254
1843 Farnsley Rd
Louisville, KY 40216
MLS #: 1423325
REDUCED AND ANXIOUS!!! THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY!!! BUT PRICE REFLECTS THE USUAL BANK OWNED PROPERTY!!! BELOW MARKET PRICE!!! MOVE-IN...
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: 1295
2205 Box Ankle Rd
Richmond, KY 40475
MLS #: 1428628
Subdivision: rural
This 3BR/2BA ranch home features a covered front porch, kitchen, open living/dining area, one car garage and a deck off the back! Property is bank owned....
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Lois Ann Disponett Real Estate
$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
$64,900
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
$49,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1120
1816 Costigan Dr
Lexington, KY 40511
MLS #: 1429065
This all brick ranch home has tons of potential! The home includes 3BR/1BA, living room, eat-in kitchen, original hardwood flooring, and a one car detached...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Lois Ann Disponett Real Estate
$36,500
Bedrooms: 3
Baths: 1
Approx Sq Ft: 1680
473 Fallen Timber Rd
New Castle, KY 40050
MLS #: 1425754
PRICE REDUCTION!!! Great lot close to New Castle and I-71. Home has lots of potential. Don't miss out on this great deal! Call today for a showing.Property...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Bennett-Webb Realty
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LOUISVILLE Market Trends

Total Properties Listed: 8,452
Month-Over-Month Change: 2.09%
Average Days On Market: 164
Total New Properties Today: 13
Median List Price: $138,948
Month-Over-Month Change: -0.68%