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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$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
$599,900
Bedrooms: 4
Baths: 2
Approx Sq Ft: 2610
1194 Buck Creek Rd
Campbellsburg, KY 40011
MLS #: 1404428
Large 280 acre farm with combination of pasture and wooded acreage that is partially fenced. Would make a nice cattle farm. Property also features several...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin Realtors
$599,900
Bedrooms: 4
Baths: 2
Approx Sq Ft: 2610
1194 Buck Creek Rd
Campbellsburg, KY 40011
MLS #: 1404433
Large 280 acre farm with combination of pasture and wooded acreage that is partially fenced. Would make a nice cattle farm. Property also features several...
Contact The Sokoler Medley Team at (502) 376-5483 to inquire about this property.
Listing provided courtesy of Semonin 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
$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
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
$89,500
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
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Monday, October 27, 2014

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LOUISVILLE Market Trends

Total Properties Listed: 9,330
Month-Over-Month Change: -2.88%
Average Days On Market: 166
Total New Properties Today: 13
Median List Price: $132,000
Month-Over-Month Change: -2.15%