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 18  | 
Page   of 2  
$599,000
Bedrooms: 6
Baths: 6
Approx Sq Ft: 8457
1315 Harrington Mill Rd
Shelbyville, KY 40065
MLS #: 1422027
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
$500,000
Bedrooms: 4
Baths: 5
Approx Sq Ft: 7023
16816 Mallet Hill Dr
Louisville, KY 40245
MLS #: 1423879
Subdivision: polo fields
Bank owned. Large home substantially complete. This is a great opportunity to pick up a home at a significant discount and finish/customize to your liking.
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Properties East
$279,900
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.
$139,000
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1308
9314 Villa Fair Ct
Louisville, KY 40291
MLS #: 1425140
Subdivision: watterson woods
Investors take a look at this one! Pre-foreclosure listed below market for quick closing! Property sold as-is - needs updated cosmetics and mechanical. Great...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Real Estate Unlimited
$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
$89,950
Bedrooms: 3
Baths: 2
Approx Sq Ft: 1254
1843 Farnsley Rd
Louisville, KY 40216
MLS #: 1423325
THIS IS NOT YOUR TYPICAL BANK OWNED PROPERTY!!! BUT PRICE REFLECTS THE USUAL BANK OWNED PROPERTY!!! BELOW MARKET PRICE!!! MOVE-IN CONDITION, 3BR's, 2 full...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Re/Max Action First
$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
$55,000
Bedrooms: 3
Baths: 1
Approx Sq Ft: 933
7704 Rosemary Ln
Louisville, KY 40214
MLS #: 1414892
Pre-foreclosure. The banks loss is your gain. This 3 bedroom ranch is located on a dead-end street. Come sit on the covered front porch for a while and enjoy...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Keller Williams Realty- Louisville
Showing 1-10 of 18  | 
Page   of 2  

IN THE NEWS

Wednesday, July 29, 2015

Homes with Pools in Louisville KY

Homes With Pools in Louisville Thinking of buying a home in Louisville with a pre existing pool or hot tub? If so, there are some things you need to know to ensure they continue to run smoothly. First, get an inspection. Your local pool professional should be able to send someone out to your home to check the integrity of the structure of your pool and hot tub and let you know ...  Read More

LOUISVILLE Market Trends

Total Properties Listed: 8,235
Month-Over-Month Change: 1.06%
Average Days On Market: 165
Total New Properties Today: 11
Median List Price: $139,900
Month-Over-Month Change: 0.65%