Henderson's Latest Foreclosure Sale on February 28 Seeks to Recover Unpaid Taxes and Encourage Redevelopment

Henderson, Kentucky, plans to sell four properties on February 28, 2024, as part of a foreclosure process. The sale will be held at the Henderson County Judicial Center. The properties include a vacant lot and houses on Dr. Martin Luther King, Jr. Avenue, Madison Street, Cumnock Street, and Atkinson Street. This is the fourth foreclosure process in six years to recover unpaid taxes and fines.

The city's first foreclosure process since 1989 took place in 2017, based on tax liens. A second process started in June 2019, involving unpaid taxes, fines, or both, resulting in 15 vacant lots.

City Attorney Dawn S. Kelsey stated that the law allows the city to conduct a foreclosure process, which is cost-effective and speeds up the process. The goal is to recover maintenance costs and encourage redevelopment.

Several structures on these properties have been demolished due to safety issues. Once a judgment is made, the properties are sold publicly and are open for bidding. The city aims to see these lots developed and productive. The city has been addressing the issue of unmaintained properties through a Code Enforcement Board since July 2017.

The foreclosure suit also includes 12 cases where the property has a house that could be renovated. This could provide affordable housing options. Mayor Brad Staton praised the city's efforts to transform neglected properties into affordable homes. Those interested in the foreclosure sales can contact Theresa Richey at theresar@hendersonky.gov to be notified.

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