$1,249 / Month

501 Madison Ave Unit 202

,

Indianapolis, IN 46225

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317-546-3482
  • Bedrooms

    Studio

  • Bathrooms

    1

  • Square Feet

    550 sq ft

  • Available

    Available Now

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 1-Story Property
  • Central Air
  • Combination Dining and Living Room
  • Baseboard Heating
501 Madison Ave Unit 202
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About This Home

12 Month Lease , Available Now

-Coming Soon! Glimpse the vibrant lifestyle awaiting you at 501 Madison Avenue,Apt 202,nestled in the heart of Indianapolis. This meticulously designed studio apartment offers 550 square feet of stylish living space,perfectly complementing your dynamic lifestyle. Revel in the timeless elegance of hardwood floors that add a touch of sophistication and warmth to your new home. The spacious full bathroom offers modern fixtures and ample space,ensuring convenience and comfort. Situated in a prime location,this apartment positions you just moments away from the bustling energy and cultural delights of downtown Indianapolis. Enjoy the convenience of city living with easy access to an array of dining,shopping,and entertainment venues. With a layout that maximizes every inch,this apartment provides a blank canvas to express your unique style and personality. Imagine hosting intimate gatherings or simply unwinding in the cozy ambiance of your chic urban retreat. The welcoming atmosphere and strategic location make it an ideal choice for those seeking a harmonious balance between work and play. Embrace the opportunity to make this remarkable space your own and experience the vibrant lifestyle that awaits at 501 Madison Avenue. Lofts on Madison offers an on-site laundry facility. There is a secured parking garage with spots available for purchase ($125 monthly). This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Residents are responsible for turning electric on in their name. Water,sewer,and trash cost $40.00. All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments,HVAC air filter delivery (for applicable properties),move-in concierge service making utility connection and home service setup a breeze during your move-in,our best-in-class resident rewards program Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

501 Madison Ave is a condo located in Marion County and the 46225 ZIP Code.

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Home Details

Home Type

Condominium

Year Built

Built in 1860

Bedrooms and Bathrooms

1 Full Bathroom

Home Design

Brick Exterior Construction Slab Foundation

Interior Spaces

Wood Flooring 1-Story Property Combination Dining and Living Room 550 Sq Ft Home

Kitchen

Electric Oven Microwave Dishwasher

Listing and Financial Details

Property Available on 9/22/25 12-Month Minimum Lease Term $65 Application Fee $40,680 Total Annual Tax in 2024 Tax Lot 491112225004000101 Assessor Parcel Number 491112225004000101 Tenant pays for all utilities The owner pays for no utilities

Lot Details

0.52 Acre Lot 1 Common Wall

Parking

1 Car Attached Garage Assigned Parking Common or Shared Parking Garage Door Opener

Utilities

Central Air Baseboard Heating

Community Details

Amenities

Laundry Facilities

Overview

Property managed by PMI Midwest

Pet Policy

Pets allowed on a case-by-case basis

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

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

Details

Lease Options

  • 12 Months

Contact

  • Listed by Mark Jones | PMI Midwest
  • Phone Number
  • Contact
  • Source
    MIBOR REALTOR® Association
The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.
Amenities
  • Air Conditioning
  • Heating
  • Dishwasher
  • Microwave
  • Oven
  • Refrigerator
  • Laundry Facilities
Neighborhood

Old Southside encompasses a neighborhood just east of the White River, south of West South Street, and north of West Raymond Street, bordered to the east by Madison Avenue. This historic community offers its residents plenty of untouched green space while still being close to the conveniences of Downtown Indianapolis. Home to the historic Babe Denny Park and Pogue's Run, Old Southside is convenient to the Indianapolis Cultural Trail and has quick access to Lucas Oil Stadium, where the Colts play. A variety of housing options decorate Old Southside and highlight the areas history, from cottages to luxurious Victorian Queen Anne-style homes.

Learn more about living in Old Southside 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Drive: 5 min 2.1 mi
Drive: 7 min 3.3 mi
Drive: 8 min 4.4 mi
Drive: 12 min 6.1 mi
501 Madison Ave Unit 202 is within 5 minutes or 2.1 miles from Purdue Indianapolis. It is also near Ivy Tech Community College and University of Indianapolis.
Transportation

501 Madison Ave Unit 202 is near Indianapolis International, located 13.2 miles or 24 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Walk: 4 min 0.3 mi
Airports Distance
Airports Distance
Indianapolis International
Drive: 24 min 13.2 mi
Very Walkable
79
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
62
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Very Bikeable
81
Bike Score®
Out of 100
This area is very Bikeable. You’ll find a variety of bike paths and lanes.
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-
Soundscore
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

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Points of Interest

Time and distance from 501 Madison Ave Unit 202.

Shopping Centers Distance
Shopping Centers Distance
Walk: 6 min 0.4 mi
Walk: 9 min 0.5 mi
Drive: 4 min 1.9 mi
501 Madison Ave Unit 202 has 3 shopping centers within 1.9 miles, which is about a 4-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
University Park
Walk: 17 min 0.9 mi
Indiana State Museum
Walk: 21 min 1.1 mi
White River Gardens
Drive: 5 min 2.1 mi
Indianapolis Zoo
Drive: 6 min 2.1 mi
White River State Park
Drive: 6 min 2.2 mi
501 Madison Ave Unit 202 has 5 parks within 2.2 miles, including University Park, Indiana State Museum, and White River State Park.
Hospitals Distance
Hospitals Distance
Drive: 5 min 2.0 mi
Drive: 6 min 2.6 mi
Drive: 11 min 6.2 mi
501 Madison Ave Unit 202 has 3 hospitals within 6.2 miles, the nearest is Eskenazi Health which is 2.0 miles away and a 5 minute drive.

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