Date
Details
Price
Change
Source
4/11/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$199,900 Just Listed
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1/17
Property Description
Great Investment property contains 2 units; a two story 2 bedroom with walk-in closet, living, dining and kitchen, enclosed front porch and central air. Laundry available in the basement. Cyclone fenced yard. Other unit is one level 1 bedroom, living room, kitchen and bath with a window AC unit currently stored in basement. There are a total 3 gravel parking spaces. Property is to be sold As-is, cash or conventional financing only. Gas and electric are separated, water is on one bill.
Full Property Details
Full Property Details for 7200 Madison St
General
- Price: $199,900
- Taxes: $2,285 (2025)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 836930
- Updated: Today (4/11/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
- Interior Features: Eat-in Kitchen, Walk-In Closet(s)
- Appliances: Dryer, Washer, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Gravel, Off Street
Location
- County: Lake
- Township: Ross
- Subdivision: None
- Driving Directions: Broadway to 73rd west to Madison North property on the West side of street, Use parking spaces by fence, do not park in driveway as it blocks the lot behind.
School Information
- High School District: Merrillville
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.286
- Lot Size (Sq. Ft.): 12,458
- Lot Features: Few Trees, Landscaped
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,285
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: E.152.6X82FT. OF E.1/2 SW. NE. LY'G. S. OF C&O RR. S.16 T.35 R.8 .287AC.
- Property ID: 451216252005000030
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Meet the listing agents
— 7200 Madison St —
(219) 789-0806 mobile
(219) 776-0262 mobile
NMLS#: 1598647
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Schools
Schools serving 7200 Madison St
School District:Merrillville Community School
| Name | Grades | Distance |
|---|---|---|
Homer Iddings Elementary School 7249 Van Buren Street, Merrillville, IN 46410 | K-4 | 0.2 mi |
Pierce Middle School, Merrillville, IN 199 East 70th Place, Merrillville, IN 46410 | 7-8 | 0.6 mi |
Merrillville High School 276 East 68th Place, Merrillville, IN 46410 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7200 Madison St
Tax History
Tax History for 7200 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,736
—
$129,200
2%
2024
$2,736
-7%
$127,100
1%
2023
$2,938
33%
$125,400
13%
2022
$2,217
-8%
$110,800
9%
2020
$2,405
14%
$101,300
5%
2019
$2,117
—
$96,800
5%
2019
$2,117
136%
$92,200
2%
2018
$898
-8%
$90,800
1%
2017
$975
—
$90,000
1%
2017
$975
62%
$89,500
-1%
2016
$601
-7%
$90,600
—
2015
$644
-15%
$90,400
-1%
2013
$762
-3%
$91,100
—
2012
$782
—
$90,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7200 Madison St
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- Multi-Family
- Active
- Updated 4 days ago
- 3Total Beds
Listed by Evers Realty Group
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- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 2Total Baths
- 1,970Sq. Ft.
Listed by Village Realty of Indiana, Inc
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,463Sq. Ft.
Listed by Advanced Real Estate, LLC
- Duplex
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,429Sq. Ft.
Listed by Compass Indiana, LLC
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,752Sq. Ft.
Listed by McColly Real Estate
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- Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
Listed by Pmi Nwi
- Townhouse
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,280Sq. Ft.
Listed by Realty Executives Premier
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,670Sq. Ft.
Listed by Listing Leaders
Sold by Advanced Real Estate, LLC
Sold by Advanced Real Estate, LLC
- Single Family
- Closed
- 4Beds
- 1Total Bath
- 1,502Sq. Ft.
Listed by eXp Realty, LLC
Sold by Weichert Realtors - Shoreline
Sold by Weichert Realtors - Shoreline
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,067Sq. Ft.
Listed by Silver Hammer, LLC
Sold by Banga Realty, LLC
Sold by Banga Realty, LLC
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,748Sq. Ft.
Listed by Listing Leaders Northwest
Sold by Realest.com
Sold by Realest.com
7200 Madison Street, Merrillville, IN 46410 (MLS# 836930) is a Multi-Family property with units containing 3 bedrooms and 2 full bathrooms. 7200 Madison Street is currently listed for $199,900 and was received on April 11, 2026. This property is listed by Meagan Skinner from our Northwest Indiana Office.Want to learn more about 7200 Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Merrillville? You can browse all Merrillville real estate or contact a Coldwell Banker agent to request more information.