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$200,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Total Beds
  • Updated 9 days ago
See This Home
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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 for 7200 Madison St

General

  • Sold For: $200,000
  • Taxes: $2,285 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 836930
  • Added to Site: 47 day(s) ago

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

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— 7200 Madison St —

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NMLS#: 1598647

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Schools serving 7200 Madison St

School District:Merrillville Community School
NameGradesDistance
Homer Iddings Elementary School
7249 Van Buren Street, Merrillville, IN 46410
K-40.2 mi
Pierce Middle School, Merrillville, IN
199 East 70th Place, Merrillville, IN 46410
7-80.6 mi
Merrillville High School
276 East 68th Place, Merrillville, IN 46410
9-120.8 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

Date
Details
Price
Change
Source
5/18/2026
Sold
$200,000
0.05%
MLS
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.

Just Listed near 7200 Madison St

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265 E 124th Ave, Crown Point, IN 46307 - Photo 1 Just Listed
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265 E 124th Ave  Crown Point, IN 46307

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Price Reduced near 7200 Madison St

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13190 Roosevelt Pl, Crown Point, IN 46307 - Photo 1 Price Reduced
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13190 Roosevelt Pl  Crown Point, IN 46307

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7658 W 106th Pl, Crown Point, IN 46307 - Photo 1 Price Reduced
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7730 W 107th Pl, Crown Point, IN 46307 - Photo 1 Price Reduced
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Recent Sales near 7200 Madison St

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6797 Adams St, Merrillville, IN 46410 - Photo 1 Sold
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7200 Madison Street, Merrillville, IN 46410 (MLS# 836930) is a Multi-Family property that was sold at $200,000 on May 18, 2026. This property was 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.