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Five Twenty Virginia

520 Virginia Ave, Indianapolis, IN 46203 Leasing Office: 549 N Senate Ave, Indianapolis, IN 46204

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  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    665 - 981 sq ft

Five Twenty Virginia
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Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a pet friendly community. The non-refundable one-time pet fee is $250 per pet, and the pet rent is $25 a month. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. Residents are responsible for all utilities, and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

Highlights

  • Walk-In Closets
  • Controlled Access
  • Hardwood Floors

About Five Twenty Virginia

Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a pet friendly community. The non-refundable one-time pet fee is $250 per pet, and the pet rent is $25 a month. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. Residents are responsible for all utilities, and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

Five Twenty Virginia is an apartment community located in Marion County and the 46203 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.

Unique Features

  • 1 free parking space
  • 12' ceilings with historic stamped tin
  • 12' Original Wood Beam Ceilings
  • 24 Hour Emergency Maintenance
  • butterfly mx entry system
  • Concrete Floors
  • Full Size Washer and Dryer
  • gas
  • historic architecture
  • Large Historic Windows
  • large walk in closets
  • On Site Laundry Room
  • Refrigerator/ Freezer
  • refrigerator/freezer/microwave/electric stove and oven/dishwasher/garbage disposal
  • sewer
  • Stand Alone Private Unit
  • trash
  • walkability to dining and shopping
  • water

Community Amenities

  • Laundry Facilities
  • Controlled Access
  • 24 Hour Access
  • Walk-Up

Apartment Features

Air Conditioning

Dishwasher

Hardwood Floors

Walk-In Closets

  • Air Conditioning
  • Cable Ready
  • Tub/Shower
  • Dishwasher
  • Disposal
  • Granite Countertops
  • Stainless Steel Appliances
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Hardwood Floors
  • Carpet
  • Vaulted Ceiling
  • Walk-In Closets
  • Window Coverings

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Location
520 Virginia Ave, Indianapolis,
IN 46203
Leasing Office: 549 N Senate Ave, Indianapolis,
IN 46204
Get Directions
Neighborhood

Located in the heart of Indianapolis, Fletcher Place is one of the city’s trendiest places to live. This historic neighborhood has transformed into a dining and nightlife hub, filled with eclectic eateries and hip bars. Embrace nostalgia at the Tappers Arcade Bar, have brunch with friends at Milktooth, or sip a latte at Calvin Fletcher's Coffee Company, a locally owned shop that donates all profits to non-profit organizations. These are just a few of the awesome hotspots that will be available right outside your doorstep once you move into your new Fletcher Place rental. Living in downtown also means you’ll be near some of the city’s biggest attractions: Lucas Oil Stadium (home of the Indianapolis Colts), the Indiana State Museum, and Indiana University–Purdue University Indianapolis. Rentals in Fletcher Place are affordable to upscale and include repurposed studios and newly built apartment complexes.

Learn more about living in Fletcher Place 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Fletcher Place Indianapolis, IN
Studio $1,333 $987
1 Bedroom $1,510 $1,126
2 Bedrooms $1,925 $1,330
3 Bedrooms - $1,540
Education
Colleges & Universities Distance
Colleges & Universities Distance
IU - Indianapolis
Drive: 7 min 2.7 mi
IU - School of Medicine
Drive: 7 min 3.2 mi
Ivy Tech Community College
Drive: 8 min 3.9 mi
University of Indianapolis
Drive: 9 min 4.3 mi
Five Twenty Virginia is within 7 minutes or 2.7 miles from IU - Indianapolis. It is also near IU - School of Medicine and Ivy Tech Community College.
Schools
Center for Inquiry School 2
Public Elementary & Middle School
Grades K-8
444 Students
Attendance Zone
Urban ACT Academy
Public Elementary & Middle School
Grades K-8
298 Students
Attendance Zone
Center for Inquiry School 27
Public Elementary & Middle School
Grades PK-8
525 Students
Nearby
Grades 9-12
567 Students
Attendance Zone
Arsenal Technical High School
Public High School
Grades 9-12
2,366 Students
Attendance Zone
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

Five Twenty Virginia is near Indianapolis International, located 13.9 miles or 26 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Walk: 15 min 0.8 mi
Airports Distance
Airports Distance
Indianapolis International
 Drive: 26 min 13.9 mi
Getting Around
Moderately Walkable
Walkability
70 / 100
Some Public Transit
Transit
50 / 100
Exceptionally Drivable
Drivability
90 / 100
Moderately Bikeable
Bikeability
70 / 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
Active
Soundscore™
68 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

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 Five Twenty Virginia.

Shopping Centers Distance
Shopping Centers Distance
CityWay
Walk: 10 min 0.5 mi
Circle Centre
Drive: 3 min 1.1 mi
Plaza Hispana
Drive: 4 min 1.6 mi
Five Twenty Virginia has 3 shopping centers within 1.6 miles, which is about a 4-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
University Park
 Drive: 4 min 1.6 mi
Indiana State Museum
 Drive: 4 min 1.7 mi
White River Gardens
 Drive: 7 min 2.7 mi
Indianapolis Zoo
 Drive: 7 min 2.7 mi
White River State Park
 Drive: 8 min 2.8 mi
Five Twenty Virginia has 5 parks within 2.8 miles, including University Park, Indiana State Museum, and White River State Park.
Hospitals Distance
Hospitals Distance
Eskenazi Health
Drive: 6 min 2.6 mi
Riley Hospital for Children
Drive: 7 min 3.1 mi
Indiana University Health
Drive: 6 min 3.3 mi
Five Twenty Virginia has 3 hospitals within 3.3 miles, the nearest is Eskenazi Health which is 2.6 miles away and a 6 minute drive.

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