Madison County, Kentucky Government Auctions

1 open listing in Madison County, including 1 HUD REO home. Every listing links to the official source to bid.

Open now in Madison County

Real Estate

HUD HomeStore

Open

116 Buckettown Rd, Richmond, KY

Richmond, Kentucky

HUD-owned (FHA) foreclosed home at 116 Buckettown Rd, Richmond, KY 40475, FHA case #201-607391, currently listed for sale on HUD HomeStore (acquired by HUD 2020-04-07). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

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By sale type

HUD REO home1

By source

HUD HomeStore1

How these sales work

Buying government property in Madison County

Kentucky is a tax lien state

Kentucky county clerks sell certificates of delinquency to third-party purchasers each year, giving the buyer a lien with statutory interest. Foreclosures and tax-related judicial sales are handled by the Master Commissioner.

Redemption period: There is no fixed redemption period; the owner can pay the certificate holder until a foreclosure judgment, and the purchaser must wait one year before filing suit.
Interest or penalty: Certificates of delinquency earn interest commonly cited at 12% per year, plus allowable fees.

Full Kentucky guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

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General information, not legal advice; the official sale notice controls.