If a vacant property or lot is not included in the list of Metro-owned properties provided below, the property is privately owned and Louisville Metro is unable to force a change in ownership, unless the property has significant Code Enforcement liens placed on it. Then, Louisville Metro may facilitate acquisition by initiating a foreclosure action.
Landbank Launches March, 2017 Request for Proposals ("RFP") for its Buildings!
The Landbank Authority uses a request for proposal ("RFP") process to sell its buildings. To participate in this process, click here to obtain the Application to Purchase Housing/Building and our guidelines as to how to submit a proposal. A due date of March 17, 2017 has been set to submit proposals for this RFP.
The following structures are involved in our March RFP:
- 3932 Elliott Avenue
- 4242 Vermont Avenue
- 2757 W. Market Street
- 123 S. 24th Street
- 120 Dr. W J Hodge, and
- 3508 River Park Drive
To view our Open House Schedule, click here. To submit a RFP application click here.
What Properties Are Available?
Properties seen on this webpage are managed by the VAP Response Team which acquires, maintains, and sells numerous types of vacant properties. A list of available "vacant" lots can be downloaded at the links provided below. This list is updated once per month.
Sales Inventory List of "Vacant" Lots (updated March 15, 2017)
Applications for the purchase of vacant lots are due by the 7th of each month in order to be heard at the following month's Joint VAPStat meeting. Therefore, if your application is submitted and approved by September 7th, your request would be heard at the October joint meeting.
What Does It Cost to Purchase Property?
The VAP Response Team has adopted a pricing policy to assist in purchasing properties from our sales inventory. Three (3
) categories have been designated to classify types of property uses and the associated asking prices ranging from $1.00 to the tax assessed value of the land. To download and view our current Pricing Policy, click here.
Asking prices are also listed in our Sales Inventory List supplied above.
How Do I Make an Offer to Purchase Property?
In order to make a "formal" offer to purchase or request an option to purchase a property from our sales inventory, you must complete and submit our application. The Application to Purchase Property
is available for online submission here
. You can also download a paper copy of the application
and submit by fax, email, or hand-delivery, along with the requested materials listed on Page 2 of our application. Sample documents of the requested materials are supplied here
to assist you. To ensure your application's timely review, all
supporting documents listed under your proposed "use" of the property must be submitted. If you fail to do so, your application may be denied.
If your offer is accepted, our VAP Response Team will contact you and work with you throughout the closing process. If you would like more information on buying a property, please contact us at 502-574-4016 with any questions you may have.
Getting a Closer Look
To enter a boarded or secured property, please refer to the Open House Schedule for the current Request for Proposals. To view a vacant lot, the following Release Waiver
must be signed and submitted to the VAP Response Team before a viewing will be scheduled.