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.

30 Properties Found. Showing 1-12
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4320 Rudy Ln
Louisville, KY 40207
Under Contract
4320 Rudy Ln Louisville, KY 40207
1 of 32
$302,335
Subdivision: Foeburn
BEDS
2
BATHS
3
SQ.FT.
1,772
BUILT
1959
ON SITE
16Days
MLS
1482878
Lots of potential for someone looking to flip a home. Home has a 2-car garage, full walk-out basement, and 3 full baths. Desirable neighborhood. May not go FHA, VA, or possibly conventional...
200 Mason Ln
Sparta, KY 41086
200 Mason Ln Sparta, KY 41086
1 of 32
$300,000
Subdivision: N/A
BEDS
4
BATHS
4
SQ.FT.
4,500
BUILT
2008
ON SITE
153Days
MLS
1470247
1.56 Acres. 1st Flr Master. 4 Bedroom 2 Story w/ Both Front & Back Porch. Oversized 2 Car Garage. Huge Country Kitchen- Perfect for Family Dinners! Large 1st Flr Laundry. 3 Full Baths, 1 Half Bath....
5319 Oldshire Rd
Louisville, KY 40229
5319 Oldshire Rd Louisville, KY 40229
1 of 34
$200,000
Subdivision: Indian Falls
BEDS
3
BATHS
3
SQ.FT.
1,928
BUILT
2002
ON SITE
52Days
MLS
1479641
Short Sale - The bank's loss is YOUR gain! Stop by to see this 3 bedroom, 2.5 bath home in Indian Falls. The house sits on one of the largest lots in the subdivision and you don't want to miss out...
1300 Hickory Ridge Rd
Waddy, KY 40076
1300 Hickory Ridge Rd Waddy, KY 40076
1 of 2
$200,000
Subdivision: N/A
BEDS
4
BATHS
2
SQ.FT.
2,900
BUILT
38
ON SITE
46Days
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!
408 Oakwood Dr
Lebanon Junction, KY 40150
Under Contract
408 Oakwood Dr Lebanon Junction, KY 40150
1 of 18
$170,000 ( $59,900 )
Subdivision: N/A
BEDS
4
BATHS
2
SQ.FT.
1,539
BUILT
2010
ON SITE
548Days
MLS
1439977
**RANCH HOME WITH AN OPEN FLOOR PLAN AND A SPLIT BEDROOM DESIGN.** LOTS OF PRIVACY ON THIS 3.172 ACRES WITH HOME SITTING ON A HILLTOP WITH GREAT VIEWS AND A WRAP AROUND DECK. **THERE ARE 4 BEDROOMS...
318 Madison Dr
Elizabethtown, KY 42701
318 Madison Dr Elizabethtown, KY 42701
1 of 19
$170,000 ( $10,000 )
Subdivision: N/A
BEDS
3
BATHS
3
SQ.FT.
2,262
BUILT
1975
ON SITE
48Days
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...
9464 Cropper Rd
Pleasureville, KY 40057
9464 Cropper Rd Pleasureville, KY 40057
1 of 6
$169,900
Subdivision: N/A
BEDS
4
BATHS
4
SQ.FT.
2,608
BUILT
1988
ON SITE
30Days
MLS
1481599
This property sold in January 2014 for $183,000.00. This property is listed as a short sale. Property needs some major cleaning, new carpet, and new paint on all the interior walls. Some walls have...
1413 Dellwood Dr
Louisville, KY 40216
1413 Dellwood Dr Louisville, KY 40216
1 of 45
$149,900 ( $10,000 )
Subdivision: Cloverleaf
BEDS
4
BATHS
2
SQ.FT.
1,263
BUILT
1971
ON SITE
65Days
MLS
1478399
LOTS of space in this home! Large living room, and very large kitchen and great room! Three bedrooms on the third level and one on the first level. There is an unfinished basement with laundry....
7617 Johnson School Rd
Louisville, KY 40291
7617 Johnson School Rd Louisville, KY 40291
1 of 52
$149,900
Subdivision: Gainsborough
BEDS
3
BATHS
2
SQ.FT.
1,504
BUILT
1972
ON SITE
20Days
MLS
1482446
Possibilities!! Needs some TLC, but great neighborhood and great space! 3 Bedrooms with 2 full baths. Fenced yard. Short sale.
2506 Concord Dr
Louisville, KY 40217
2506 Concord Dr Louisville, KY 40217
1 of 31
$135,000 ( $5,000 )
Subdivision: Parkway Terrace
BEDS
3
BATHS
1
SQ.FT.
1,304
BUILT
1927
ON SITE
142Days
MLS
1460010
Short Sale - Look at the charming home located right down the street from UofL... it's just what you have been looking for! You are going to love lounging around in this cozy living room with 2 big...
3655 Red Oak Dr
La Grange, KY 40031
Under Contract
3655 Red Oak Dr La Grange, KY 40031
 
$135,000
Subdivision: Red Oak Farms
BEDS
3
BATHS
2
SQ.FT.
2,088
BUILT
1998
ON SITE
16Days
MLS
1482857
2 story home with detached garage. Needs some TLC. 3rd party approval. Short Sale.
10237 Riverstone Cir
Louisville, KY 40229
Under Contract
10237 Riverstone Cir Louisville, KY 40229
1 of 4
$125,000
Subdivision: Indian Falls
BEDS
3
BATHS
2
SQ.FT.
1,559
BUILT
2004
ON SITE
116Days
MLS
1473545
Short sale is subject to lender approval. Bank's potential loss could be your gain! Come by and check out this 3 bedroom, 2 full bath stand-alone condo in Indian Falls. The living room has a tv nook,...
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