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.

Showing 1-10 of 30  | 
Page   of 3  
$699,000
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
$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
$170,000
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1400
7024 Black Walnut Cir
Louisville, KY 40229
MLS #: 1403932
Subdivision: cooper farms
This is not your typical foreclosure. The bank owned property clean, bright, and fresh and ready for you to move-in. The walls and ceilings have all been...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of England Associates
$160,000
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
$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
6808 Brook Bend Way Louisville, KY 40229
$144,900
Bedrooms: 3
Baths: 3
Approx Sq Ft: 1533
6808 Brook Bend Way
Louisville, KY 40229
MLS #: 1403809
Subdivision: spring station
Vinyl 1.5 story with 3 bedrooms, 2.5 baths and attached 2-car garage in desirable Spring Station. Bank-owned Foreclosure, sold as-is, needs work and won't go...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max First
$107,900
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.
$98,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1568
999 Locust Grove Rd
Shelbyville, KY 40065
MLS #: 1403888
Subdivision: rural
Nice manufactured ranch style home features open floor plan with large living room / dining area, Eat-in-Kitchen with appliances (Range, refrigerator, and...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Performance Realty
$89,900
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...
Open House:  Sunday, October 26, 2014 from 11:00 AM - 1:00 PM
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Weichert Realtors - Abg Properties
Showing 1-10 of 30  | 
Page   of 3  

IN THE NEWS

Wednesday, October 22, 2014

I'm a First Time Home Buyer, Where Do I Start?

I'm  a First Time Buyer. Where Do I Start? Home buying can be intimidating and nerve wracking and rightly so. It's a complex process. However, there is hope for it to not be as overwhelming as all of that. How? By reading a list like that below to start you on your road to home ownership. Start Here: 1. Find a professional and experienced Realtor to work with.  This ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 9,446
Month-Over-Month Change: -3.02%
Average Days On Market: 164
Total New Properties Today: 9
Median List Price: $132,900
Month-Over-Month Change: -0.97%