Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales 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 Short Sales come on the market.

17 Properties Found. Showing 1-12
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1300 Hickory Ridge Rd
Waddy, KY 40076
1300 Hickory Ridge Rd Waddy, KY 40076
1 of 2
$200,000
Subdivision: N/A
BEDS
1
BATHS
2
SQ.FT.
2,900
BUILT
38
ON SITE
323Days
MLS
1480067
Spacious 3 bedroom ranch with 7.82 acres in Waddy. 2 car garage. Walkout Basement. This house needs TLC but it has a ton of potential. Short sale!
4809 Hunters Point Cir
Louisville, KY 40216
4809 Hunters Point Cir Louisville, KY 40216
1 of 36
$200,000 ( $5,000 )
Subdivision: Hunters Pointe
BEDS
3
BATHS
3
SQ.FT.
2,700
BUILT
1992
ON SITE
133Days
MLS
1493624
Short Sale approval price at $200,000. This lovely home has an open floor plan and finished basement. There is also an inground pool. Three bedrooms up with an fully finished basement including...
1326 Amanda Jo Dr
Elizabethtown, KY 42701
1326 Amanda Jo Dr Elizabethtown, KY 42701
1 of 18
$159,000 ( $30,000 )
Subdivision: Shaw Creek
BEDS
4
BATHS
3
SQ.FT.
2,076
BUILT
1999
ON SITE
127Days
MLS
1493961
Come tour this beautiful home today! This ranch home features 3 beds/ 2.5 baths. stucco & stone siding. Living room has 14ft tall ceilings, crown molding & gas fireplace. Newer modern laminate-wood...
318 Madison Dr
Elizabethtown, KY 42701
Under Contract
318 Madison Dr Elizabethtown, KY 42701
1 of 19
$150,000
Subdivision: N/A
BEDS
3
BATHS
3
SQ.FT.
2,262
BUILT
1976
ON SITE
76Days
MLS
1479952
Spacious Brick raised ranch with large updated kitchen, separate dining room with door out to deck. large living room with fireplace, updated baths,lower level has family room with fireplace, full...
2819 Winterhaven Rd
Louisville, KY 40220
2819 Winterhaven Rd Louisville, KY 40220
1 of 30
$150,000
Subdivision: Four Seasons
BEDS
3
BATHS
3
SQ.FT.
2,340
BUILT
1984
ON SITE
5Days
MLS
1503795
This is a short sale and subject to third party approval.
4401 Goffner Ct
Louisville, KY 40218
Under Contract
4401 Goffner Ct Louisville, KY 40218
1 of 22
$130,000
Subdivision: Petersburg Estates
BEDS
4
BATHS
2
SQ.FT.
2,047
BUILT
1981
ON SITE
120Days
MLS
1494405
This is a Short Sale. There are 4 bedrooms and 2 full baths. A living room, family room, dining room and an eat in kitchen. The basement is unfinished. Large back yard. Seller will not do any repairs....
5804 Chalet Cir
Louisville, KY 40228
Under Contract
5804 Chalet Cir Louisville, KY 40228
 
$125,000 ( $5,000 )
Subdivision: Village At Wildwood
BEDS
3
BATHS
3
SQ.FT.
2,560
BUILT
2006
ON SITE
99Days
MLS
1495832
Short Sale- needs TLC! Great for investors. Stand Alone Condo. 3 bedrooms / 2.5 baths. Loft overlooking Great Room. 2 car garage. Master bedroom on first floor. Second floor there are 2 bedrooms, 1...
434 Tara Cir
Shepherdsville, KY 40165
434 Tara Cir Shepherdsville, KY 40165
1 of 23
$112,000 ( $22,000 )
Subdivision: Bratcher Estates
BEDS
3
BATHS
2
SQ.FT.
1,309
BUILT
1996
ON SITE
119Days
MLS
1494363
Investors! The home needs cosmetic work. The roof leaked and has been repaired, except for a roof cap. Three bedrooms and two full baths with open floor plan and vaulted ceil in living room. New...
2608 Elmhurst Ave
Louisville, KY 40216
2608 Elmhurst Ave Louisville, KY 40216
1 of 3
$69,900
Subdivision: Rockford View
BEDS
3
BATHS
1
SQ.FT.
1,216
BUILT
1930
ON SITE
5Days
MLS
1503813
SHORT SALE. Property sold AS-IS. Nice home in need of some TLC. 3 Bedroom, 1 bath with a detached garage. Very quiet at the end of the street. Master bedroom on main level with the other two bedrooms...
7410 Dunkirk Ln
Louisville, KY 40272
Under Contract
7410 Dunkirk Ln Louisville, KY 40272
1 of 13
$69,878 ( $117 )
Subdivision: Valley Village
BEDS
3
BATHS
1
SQ.FT.
1,230
BUILT
1957
ON SITE
510Days
MLS
1464770
SHORT SALE! Priced Below Tax Assessed Value! Nice, move-in ready home with a lot of space. Huge Lot! 3 Bedrooms, a full bath, large eat-in kitchen and a mud room leading to the ginormous back...
1026 Lincoln Ave
Louisville, KY 40208
1026 Lincoln Ave Louisville, KY 40208
1 of 12
$45,000
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
1,251
BUILT
1900
ON SITE
31Days
MLS
1501355
This house was being Owner Occupied until about a year ago. This property is a Short Sale close to Churchill Downs. The exterior is newer vinyl siding and newer Roof. The Seller had ensloed the...
722 S 40Th St
Louisville, KY 40211
722 S 40Th St Louisville, KY 40211
1 of 6
$40,000
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
1,519
BUILT
1925
ON SITE
25Days
MLS
1501910
Welcome to this Beautiful Home, One of the biggest houses on the Street. 2 bedrooms, 1 bath, Can possibly be a 4 bedroom house. Huge Great Room, Unfinished basement, Big backyard, Two sitting Rooms....
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