NOT LISTED FOR SALE

7360 Madison St Merrillville, IN 46410

Central Merrillville Neighborhood

Estimated Value: $242,057 - $279,000

4 Beds
2 Baths
2,166 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $131,650 $61 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,741/month

22 Days on Market

Highlights

  • Recreation Room
  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Creek On Lot
  • Formal Dining Room
  • Country Kitchen

About This Home

As of May 2016

EVERYTHING IS NEW! This 4 bedroom, 2 bath home has charming features of an older home completely renovated from top to bottom. As you enter the home, you notice the crown moulding and handscraped floors. The dining room has a bay window allowing loads of natural light, the brand new kitchen is complete with all new appliances, granite counter tops and glass tile backsplash. A family room and laundry room with brand new washer & dryer round out the main floor. Upstairs you'll find 3 bedrooms and a brand new bath. The master bedroom is complete with vaulted ceilings and walk-in closet. The newly renovated walk-out lower level is where you'll find a second family room and 4th bedroom as well as a brand new bath - perfect for hanging out or related living. There is also a 2 car garage on on over 1/3 acre with bubbling creek at rear of yard. This won't last long. Be sure and schedule your showing today!

Last Agent to Sell the Property

Nancy Del Prado

Avid Real Estate LLC License #RB14046373 Listed on: 03/04/2016

Last Buyer's Agent

Joseph Pagan

Century 21 Alliance Group License #RB14047510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1910

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 99x170
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Side Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,166 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Country Kitchen
  • Portable Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Merrillville High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Creek On Lot

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 451216403013000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Creek/Stream, Paved Road, Sloped
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR203
  • Subdivision Name: na
  • Architectural Style: Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 72
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Country Kitchen, Finished Laundry Rm, Formal Dining, Main Floor Laundry
  • Basement: Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Barrier Free Access
  • Acres: 0.386

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Side Drive

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Merrillville

Lot Info

  • Lot Dimensions: 99x170
  • Lot Size Sq Ft: 16814
  • Parcel #: 451216403013000030

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1796

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Merrillville High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
May 13, 2016
Sold by
Wicks Jonathan Dale
Bought by
Romero Ivan
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Joseph Pagan
Century 21 Alliance Group
List Price
$131,650
Sold Price
$131,650
Current Estimated Value
$258,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,614
Avg. Annual Appreciation
7.24%
Original Mortgage
$129,265
Outstanding Balance
$104,956
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$147,689

Purchase Details

Listed on
Jun 22, 2015
Closed on
Nov 11, 2015
Sold by
Ventures Llc
Bought by
Wicks Jonathan Dale
Seller's Agent
Nancy Del Prado
Avid Real Estate LLC
Buyer's Agent
Nancy Del Prado
Avid Real Estate LLC
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1825.75%

Purchase Details

Closed on
Dec 12, 2014
Sold by
Bailey James M and Bank Of America Na
Bought by
Mcm Capital Partners Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Bailey Kevin
Bought by
Bailey James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Romero Ivan -- Meridian Title Corp
Wicks Jonathan Dale $30,000 --
Wicks Jonathan Dale -- Linear Title & Closing
Mcm Capital Partners Llc $43,085 None Available
Bailey James M -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Ivan $129,265
Closed Romero Ivan $2,308
Previous Owner Bailey James M $97,500
Previous Owner Bailey James M $12,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $131,650 0.0% $61 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $131,650 +338.8% $61 / Sq Ft
11/13/2015 11/13/15 Sold $30,000 0.0% $20 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $30,000 -- $20 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,049 $172,800 $38,500 $134,300
2023 $1,404 $172,800 $37,800 $135,000
2022 $1,404 $153,000 $32,300 $120,700
2021 $1,155 $134,200 $30,200 $104,000
2020 $1,122 $128,000 $28,700 $99,300
2019 $1,410 $128,000 $28,200 $99,800
2018 $1,428 $126,200 $28,200 $98,000
2017 $1,496 $126,100 $28,200 $97,900
2016 $1,432 $125,900 $27,200 $98,700
2014 $1,796 $84,500 $26,900 $57,600
2013 $1,905 $86,000 $29,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Del Prado

    Seller's Agent in 2016

    Nancy Del Prado

    Avid Real Estate LLC

    (219) 781-0172

    396 Total Sales

    Nancy Del Prado
    Section Image

  • J

    Buyer's Agent in 2016

    Joseph Pagan

    Century 21 Alliance Group

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR389145

Northwest Indiana Association of REALTORS®

APN: 45-12-16-403-013.000-030

Indiana Lake County Merrillville 46410 Central Merrillville

7360 Madison St, Merrillville, IN

This home is located at 7360 Madison St, Merrillville, IN 46410 since 04 March 2016 and is currently estimated at $258,264, approximately $119 per square foot. This property was built in 1910. 7360 Madison St is a home located in Lake County with nearby schools including Homer Iddings Elementary School, Merrillville Intermediate School, and Pierce Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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