$1,149 / Month

501 Madison Ave Unit 305

,

Indianapolis, IN 46225

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317-546-3482
  • Bedrooms

    Studio

  • Bathrooms

    1

  • Square Feet

    500 sq ft

  • Available

    Available Jul 1

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Wood Frame Window
  • 1 Car Attached Garage
  • Kitchen Island
  • Ceramic Tile Flooring
501 Madison Ave Unit 305
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About This Home

12 Month Lease , Available Jul 1

Coming Soon! **Half Off First Full Month's Rent if Moved in by 6/15!! Celebrate the charm of city living at 501 Madison Avenue,Unit 305,where urban elegance meets comfort in the heart of Indianapolis. This inviting studio apartment offers a perfectly designed 500 sq ft space,ideal for those seeking a cozy and efficient living experience. Picture yourself in a vibrant neighborhood,with easy access to the cultural and culinary delights that downtown Indy has to offer. The thoughtfully designed open floor plan maximizes every inch,creating a seamless flow between living,dining,and sleeping areas. Enjoy the modern efficiency of a beautifully arranged full bathroom,providing all the essentials for your daily routine. Large windows invite natural light to dance across your living space,creating a bright and welcoming atmosphere to start and end your day. Whether you're a young professional or a student,this apartment offers the perfect balance of convenience and style. Imagine the ease of city commuting with nearby public transport options,bringing the best of the city right to your doorstep. Unit 305is your gateway to an exciting urban lifestyle,perfectly blending comfort and accessibility. Discover the possibilities that await in this exceptional Indianapolis residence,and make 501 Madison Avenue your new home sweet home. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for purchase ($100 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 connecti 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 and may not include non-optional fees and utilities. 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

Accessible Home Design

Entry on the 3rd floor

Bedrooms and Bathrooms

1 Full Bathroom

Flooring

Wood Ceramic Tile

Home Design

Traditional Architecture Brick Exterior Construction Slab Foundation

Interior Spaces

Wood Frame Window 1-Story Property Combination Dining and Living Room Window Screens 500 Sq Ft Home

Kitchen

Electric Oven Kitchen Island Microwave Dishwasher

Listing and Financial Details

Property Available on 7/1/25 12-Month Minimum Lease Term $65 Application Fee $47,490 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

Parking

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

Utilities

Forced Air Heating System

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
  • Heating
  • Dishwasher
  • Microwave
  • Oven
  • Refrigerator
  • Hardwood Floors
  • 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 305 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 305 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
77
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.
-
-
Soundscore
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from 501 Madison Ave Unit 305.

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 305 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 305 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 305 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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