| 1 | $2,700 |
Indy Downtown Colonial Apartments
402-406 N Delaware St,
Indianapolis,
IN
46204
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Monthly Rent
$980 - $1,330
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
500 - 980 sq ft
Live in the absolute center of the action in this premier downtown residence. Located at 126 E Vermont Street, this property offers a sophisticated urban retreat nestled between the historic American Legion Mall and the bustling excitement of the central business district. Whether you are looking for a sleek, modern condo or a luxury apartment experience, this address delivers high-end finishes and unparalleled access to the best of Indianapolis. Inside, these units typically boast open-concept living spaces, soaring ceilings, and premium kitchens featuring granite or quartz countertops and stainless steel appliances. Floor-to-ceiling windows or large glass doors often open up to private balconies, providing a front-row seat to the city's sparkling skyline and the lush greenery of the nearby memorial parks. The Ultimate Walkable Location This address boasts a "Walker's Paradise" score, putting you mere steps away from: Massachusetts Avenue (Mass Ave): Indianapolis’ premier cultural district for independent boutiques, art galleries, and top-tier dining. Monument Circle: The iconic heart of the city, just a 5-minute walk from your front door. Green Space: Direct access to the Indiana World War Memorial Plaza, offering acres of beautifully manicured park space for jogging or relaxing. The Cultural Trail: Seamlessly connect to the city’s world-class urban bike and pedestrian path. Key Property Details Type: Luxury Condo / High-Rise Apartment Layout: [Insert Number] Bedrooms / [Insert Number] Bathrooms Finishes: Modern flooring, designer lighting, and walk-in closets. Building Amenities: May include controlled-access parking, fitness centers, and secure building entry. Views: Breathtaking vistas of the Downtown skyline and the War Memorial.
Highlights
- Walker's Paradise
- Bike-Friendly Area
- Bay Window
- Yard
- High Ceilings
- Controlled Access
- Picnic Area
- Views
- Patio
Pricing & Floor Plans
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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$60
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Due at Move-In
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Administrative FeeCharged per unit.$0
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Due at Application
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Dogs
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Pet DepositCharged per pet.$250
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Monthly Pet FeeCharged per pet.$20 / mo
40 lbs. Weight Limit, Pet interview, Spayed/NeuteredRestrictions:Breed restrictionsRead More Read LessComments -
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Cats
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One-Time Pet FeeCharged per pet.$0
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Pet DepositCharged per pet.$250
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Monthly Pet FeeCharged per pet.$20 / mo
DeclawedComments -
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Street Parking
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Parking DepositCharged per vehicle.$0
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Parking FeeCharged per vehicle.$0
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Additional Parking Options
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OtherChristian Place 9th & Alabama
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Security Deposit - Non-RefundableCharged per unit.$0
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Late FeeCharged per unit.$0
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Trash Removal
Lease Options
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12 months
Property Information
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Built in 1900
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39 units/3 stories
About Indy Downtown Colonial Apartments
Live in the absolute center of the action in this premier downtown residence. Located at 126 E Vermont Street, this property offers a sophisticated urban retreat nestled between the historic American Legion Mall and the bustling excitement of the central business district. Whether you are looking for a sleek, modern condo or a luxury apartment experience, this address delivers high-end finishes and unparalleled access to the best of Indianapolis. Inside, these units typically boast open-concept living spaces, soaring ceilings, and premium kitchens featuring granite or quartz countertops and stainless steel appliances. Floor-to-ceiling windows or large glass doors often open up to private balconies, providing a front-row seat to the city's sparkling skyline and the lush greenery of the nearby memorial parks. The Ultimate Walkable Location This address boasts a "Walker's Paradise" score, putting you mere steps away from: Massachusetts Avenue (Mass Ave): Indianapolis’ premier cultural district for independent boutiques, art galleries, and top-tier dining. Monument Circle: The iconic heart of the city, just a 5-minute walk from your front door. Green Space: Direct access to the Indiana World War Memorial Plaza, offering acres of beautifully manicured park space for jogging or relaxing. The Cultural Trail: Seamlessly connect to the city’s world-class urban bike and pedestrian path. Key Property Details Type: Luxury Condo / High-Rise Apartment Layout: [Insert Number] Bedrooms / [Insert Number] Bathrooms Finishes: Modern flooring, designer lighting, and walk-in closets. Building Amenities: May include controlled-access parking, fitness centers, and secure building entry. Views: Breathtaking vistas of the Downtown skyline and the War Memorial.
Indy Downtown Colonial Apartments is an apartment community located in Marion County and the 46204 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.
Unique Features
- Coded Entry
- Gym
- Bike Parking
- Fenced Area
- Urban Chic Apartments
- Full Gym
- Modern Baths
- Dog Stations
- Historic Character
- Laundry Onsite
- Laundry On-site
- Close To Mass Ave
- Community Laundry
- Security Cameras
- Security Camera's
- Back Patio
- Bike Storage
- Community Courtyard
- Court Yard
- Courtyard
- Stainless Steel Appliances
Contact
Community Amenities
Fitness Center
Controlled Access
Key Fob Entry
24 Hour Access
- Controlled Access
- Video Patrol
- 24 Hour Access
- Renters Insurance Program
- Key Fob Entry
- Walk-Up
- Fitness Center
- Bicycle Storage
- Picnic Area
Apartment Features
Air Conditioning
Dishwasher
High Speed Internet Access
Granite Countertops
Yard
Microwave
Refrigerator
Wi-Fi
Indoor Features
- High Speed Internet Access
- Wi-Fi
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Security System
- Storage Space
- Tub/Shower
- Handrails
- Intercom
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Warming Drawer
- Quartz Countertops
Model Details
- Tile Floors
- Vinyl Flooring
- Dining Room
- High Ceilings
- Basement
- Recreation Room
- Crown Molding
- Vaulted Ceiling
- Bay Window
- Views
- Skylights
- Linen Closet
- Large Bedrooms
- Patio
- Yard
- Lawn
Income Restrictions
How To Qualify
| # Persons | Annual Income |
Indianapolis is the thriving capital city of the state of Indiana — as well as the most populated. Nicknamed the Crossroads of America, Indianapolis is the well-known center for several major interstates that connect locals to the rest of the country. This commuter-friendly city is also home to the Indianapolis International Airport, a modern hub for national and international travelers. With an abundance of affordable apartments for rent, the city of Indianapolis has more than enough to offer both its residents and visitors alike.
Residents can enjoy a performance from the Indianapolis Symphony Orchestra at Hilbert Circle Theatre, cheer on the Indianapolis Colts at Lucas Oil Stadium, and peruse the stores in Circle Centre Mall. Locals enjoy admiring the wildlife at the Indianapolis Zoo, exploring the exhibitions at the Indianapolis Museum of Art, and hiking the trails at Eagle Creek Park.
Learn more about living in IndianapolisCompare neighborhood and city base rent averages by bedroom.
| Circle City | Indianapolis, IN | |
|---|---|---|
| Studio | $1,218 | $964 |
| 1 Bedroom | $1,467 | $1,114 |
| 2 Bedrooms | $1,910 | $1,317 |
| 3 Bedrooms | $2,753 | $1,525 |
- Controlled Access
- Video Patrol
- 24 Hour Access
- Renters Insurance Program
- Key Fob Entry
- Walk-Up
- Picnic Area
- Fitness Center
- Bicycle Storage
- Coded Entry
- Gym
- Bike Parking
- Fenced Area
- Urban Chic Apartments
- Full Gym
- Modern Baths
- Dog Stations
- Historic Character
- Laundry Onsite
- Laundry On-site
- Close To Mass Ave
- Community Laundry
- Security Cameras
- Security Camera's
- Back Patio
- Bike Storage
- Community Courtyard
- Court Yard
- Courtyard
- Stainless Steel Appliances
- High Speed Internet Access
- Wi-Fi
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Security System
- Storage Space
- Tub/Shower
- Handrails
- Intercom
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Warming Drawer
- Quartz Countertops
- Tile Floors
- Vinyl Flooring
- Dining Room
- High Ceilings
- Basement
- Recreation Room
- Crown Molding
- Vaulted Ceiling
- Bay Window
- Views
- Skylights
- Linen Closet
- Large Bedrooms
- Patio
- Yard
- Lawn
| Monday | 9am - 6pm |
|---|---|
| Tuesday | 9am - 6pm |
| Wednesday | 9am - 6pm |
| Thursday | 9am - 6pm |
| Friday | 9am - 6pm |
| Saturday | 9am - 3pm |
| Sunday | 9am - 6pm |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 4 min | 1.6 mi | |
| Drive: | 5 min | 1.6 mi | |
| Drive: | 6 min | 2.7 mi | |
| Drive: | 11 min | 5.0 mi |
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.
Indy Downtown Colonial Apartments Photos
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Indy Downtown Colonial Apartments
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2BR, 1BA - 1100 SF
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1BR, 1BA - 620 SF
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1BR, 1BA - 620 SF
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1BR, 1BA - 620 SF
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1BR, 1BA - 620 SF
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Nearby Apartments
Within 50 Miles of Indy Downtown Colonial Apartments
This property does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
This property includes trash removal in rent. Residents are responsible for any other utilities not listed.
Parking is available at this property. Fees may apply depending on the type of parking offered. Contact this property for details.
This property has one-bedroom available with rent ranges from $980/mo. to $1,330/mo.
Yes, this property welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $980 for a one-bedroom, you would need to earn about $39,200 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
This property is not currently offering any rent specials. Check back soon, as promotions change frequently.
While this property does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources