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Single Family ResidenceResidential
$188,446$158 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

7200 MADISON ST

MERRILLVILLE, IN 46410
2
Beds
1
Baths
1,191 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$188K
$178K low$199K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,736 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$129,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$26,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$102,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$127,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$129,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.1.19
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Homer Iddings Elementary SchoolC-
Elementary · Grades PK–4 · 0.2 mi
M
Pierce Middle SchoolC
Middle · Grades 7–8 · 0.5 mi
H
Merrillville High SchoolD
High · Grades 9–12 · 0.8 mi

District: Merrillville Community School

Neighborhood · ZIP 46410These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.105
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.113
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.39,474
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,311 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,403
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,550
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7200 Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 82% of homes in Merrillville 46410
  • Costs more per square foot than 66% of homes in Merrillville 46410
  • Smaller than 85% of homes in Merrillville 46410
  • Has a bigger lot than 95% of homes in Lake County
  • Older than 83% of homes in Merrillville 46410

What homes are worth in Merrillville 46410

Each bar is how many homes fall in that price range. The marker is this home.

This home
$140K$448K

This home is worth more than 18% of homes in Merrillville 46410.

How it measures up in Merrillville 46410

The dot is this home. The mark in the middle is the typical home in Merrillville 46410.

Estimated value$188,446
CheaperTypical $237,367Pricier

Pricier than 18% of homes nearby

Price per ft²$158
CheaperTypical $143Pricier

Pricier than 66% of homes nearby

Living area1,191 ft²
SmallerTypical 1,752 ft²Bigger

Bigger than 15% of homes nearby

Lot size1.19 ac
SmallerTypical 0.25 acBigger

Bigger than 94% of homes nearby

Year built1955
OlderTypical 1968Newer

Newer than 17% of homes nearby

How 7200 Madison St ranks against every home in each area.
MeasureThis homeMerrillville 46410Lake County
Estimated valuepricier than$188,44618% of homes33% of homes
Price per ft²pricier than$15866% of homes51% of homes
Living areabigger than1,191 ft²15% of homes24% of homes
Lot sizebigger than1.19 ac94% of homes95% of homes
Year builtnewer than195517% of homes39% of homes

About 7200 Madison St

How much is 7200 Madison St, Merrillville, IN worth?

The TopHap Estimate for 7200 Madison St, Merrillville, IN is $188,446 as of Aug 30, 2026. The likely range is $177,697 to $199,195. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 7200 Madison St, Merrillville, IN?

7200 Madison St, Merrillville, IN has 2 bedrooms, 1 bathrooms, 1,191 square feet of living space and a 1.19-acre lot.

When was 7200 Madison St, Merrillville, IN built?

7200 Madison St, Merrillville, IN was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 7200 Madison St, Merrillville, IN?

7200 Madison St, Merrillville, IN is assigned to Homer Iddings Elementary School (elementary), rated C-; Pierce Middle School (middle), rated C; Merrillville High School (high), rated D. All sit in Merrillville Community School. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7200 Madison St, Merrillville, IN compare to other homes in Merrillville 46410?

Among the 11,920 homes in Merrillville 46410, it is worth more than 18% of them ($188,446 against a typical $237,367), its price per square foot is higher than 66% of them ($158 against a typical $143), it is bigger than 15% of them (1,191 ft² against a typical 1,752 ft²), its lot is bigger than 94% of them (1.19 ac against a typical 0.25 ac) and it is newer than 17% of them (1955 against a typical 1968). Measured against all of Lake County, it is worth more than 33% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7200 Madison St, Merrillville, IN?

The 2024 property tax bill for 7200 Madison St, Merrillville, IN was $2,736. The county assessed it at $129,200.

More homes on Madison St

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Assigned schools

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