• Primary Photo - 1503 E Markwood Ave
  • Building Photo - 1503 E Markwood Ave
    Building Photo - 1503 E Markwood Ave
  • Building Photo - 1503 E Markwood Ave
    Building Photo - 1503 E Markwood Ave
$1,200 / Month

1503 E Markwood Ave

,

Indianapolis, IN 46227

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1503 E Markwood Ave
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Beds Baths Average SF
3 Bedrooms 3 Bedrooms 3 Br 1 Bath 1 Bath 1 Ba 1,232 SF

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • Dogs Allowed
  • Fees not specified
  • Cats Allowed
  • Fees not specified

About This Property

Great home off Hanna Avenue minutes to University of Indianapolis, Downtown and located on the Redline route. Home features a great living room with a woodburning fireplace, formal dining room. Spacious kitchen with lots of counter and cabinet space. Fenced in front and backyard space. 2-car garage. Pets Negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $35 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp This property allows self guided viewing without an appointment. Contact for details.

1503 E Markwood Ave is a house located in Marion County and the 46227 ZIP Code. This area is served by the Southside Special Srvs Of Marion County attendance zone.

Location
1503 E Markwood Ave, Indianapolis,
IN 46227
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Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

Nestled about five miles south of Downtown Indianapolis, University Heights maintains a historically close connection with the University of Indianapolis. The neighborhood is considered a top choice among students, faculty, and staff for its proximity to the university in addition to numerous amenities.

University Heights is convenient to plenty of shopping centers brimming with a variety of restaurants and stores. Lush green spaces like Garfield Park and Lilly Recreation Park provide abundant options for outdoor recreation nearby as well.

Downtown Indianapolis’ many metropolitan amenities are also just a short drive from the neighborhood. Quick access to major highways such as I-65, I-465, and I-74 makes getting around from University Heights easy.

Learn more about living in University Heights 

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
Studio Studio Studio 288 Sq Ft $869 $947 $1,025
1 Bed 1 Bed 1 Bed 630 Sq Ft $849 $968 $1,099
2 Beds 2 Beds 2 Beds 958 Sq Ft $775 $1,123 $1,400
3 Beds 3 Beds 3 Beds 1290 Sq Ft $999 $1,548 $2,030
4 Beds 4 Beds 4 Beds 1516 Sq Ft $1,675 $1,845 $1,980
Education
Colleges & Universities Distance
Colleges & Universities Distance
University of Indianapolis
Walk: 10 min 0.5 mi
IU - Indianapolis
Drive: 14 min 6.7 mi
IU - School of Medicine
Drive: 15 min 6.9 mi
Ivy Tech Community College
Drive: 16 min 8.2 mi
1503 E Markwood Ave is within 10 minutes or 0.5 mile from University of Indianapolis. It is also near IU - Indianapolis and IU - School of Medicine.
Schools
Rise Learning Center
Public Elementary, Middle & High School
Grades PK-12
161 Students
Nearby
Raymond F. Brandes School 65
Public Elementary School
Grades PK-5
150 Students
Attendance Zone
Grades 9-12
322 Students
Nearby
Calvary Christian School
Private Elementary, Middle & High School
Grades PK-12
228 Students
Nearby
Montessori Garden Academy
Private Elementary School
Grades PK-4
70 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

1503 E Markwood Ave is near Indianapolis International, located 15.7 miles or 28 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Drive: 9 min 4.9 mi
Airports Distance
Airports Distance
Indianapolis International
 Drive: 28 min 15.7 mi

Walkability Near 1503 E Markwood Ave Indianapolis, IN 46227

Getting Around
Fairly Walkable
Walkability
50 / 100
Minimal Public Transit
Transit
10 / 100
Exceptionally Drivable
Drivability
90 / 100
Fairly Bikeable
Bikeability
40 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 1503 E Markwood Ave.

Shopping Centers Distance
Shopping Centers Distance
Southgate Plaza
Walk: 18 min 0.9 mi
4040 Keystone South
Walk: 18 min 1.0 mi
University Shoppes
Walk: 19 min 1.0 mi
1503 E Markwood Ave has 3 shopping centers within 1.0 mile, which is about a 19-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Garfield Park Conservatory and Sunken Gardens
 Drive: 6 min 2.6 mi
Garfield Park
 Drive: 7 min 2.8 mi
Bethel Park
 Drive: 9 min 4.1 mi
Perry Park
 Drive: 12 min 5.7 mi
Christian Park
 Drive: 12 min 6.0 mi
1503 E Markwood Ave has 5 parks within 6.0 miles, including Garfield Park Conservatory and Sunken Gardens, Garfield Park, and Bethel Park.
Hospitals Distance
Hospitals Distance
Community Hospital South
Drive: 11 min 6.3 mi
Franciscan Health Indianapolis
Drive: 12 min 6.6 mi
Eskenazi Health
Drive: 13 min 6.7 mi
1503 E Markwood Ave has 3 hospitals within 6.7 miles, the nearest is Community Hospital South which is 6.3 miles away and a 11 minute drive.

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