Madison Lofts
1430 Madison Ave,
Indianapolis, IN 46225
$830 - $1,349
1-2 Beds
Area Guide
Bates-Hendricks Indianapolis, IN
An urban neighborhood with a landmark like no other
Historic
•
Trendy
•
Walkable
The oldest house in Marion County is the Bates-Hendricks House. The Federal-style, brick home was built around 1820 by Richard Keene. In 1851, the home's new owner, Hervey Bates, decided to add on. His addition was built in the Italianate style, complete with a 60-foot tower, giving the home a unique and distinctive look. The home, listed on the National Register of Historic Places, is such a major landmark that the neighborhood surrounding it is named for the home.
The Bates-Hendricks neighborhood is award-winning and bicycle-friendly. It is located within biking distance to downtown, with I-70 to the north and I-65 to the east. The neighborhood is home to several parks, including Hendricks Park and Send Triangle Greenspace. Because it is directly south of downtown, residents enjoy fast access to Lucas Oil Stadium, the Indiana Convention Center, Bankers Life Fieldhouse, and the Indianapolis City Market.
Rent Trends
As of June 2026, the average apartment rent in Bates-Hendricks is $997 for one bedroom, and $1,313 for two bedrooms. Apartment rent in Bates-Hendricks has decreased by -0.1% in the past year.
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1 BR
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587 sq ft
Average Sq Ft
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$997/month
Average Rent
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2 BR
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1,029 sq ft
Average Sq Ft
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$1,313/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Bates-Hendricks - Indianapolis, IN is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Very Drivable
Drivability
80
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Daily Essentials
Bates-Hendricks - Indianapolis, IN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
50
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
50
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
Bates-Hendricks - Indianapolis, IN provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
60
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
30
/ 100
Local Vibe
Get a sense of what it’s like to live in Bates-Hendricks - Indianapolis, IN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
50
/ 100
Not Noisy
Quiet Score
90
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Garfield Park
- Garfield Park Conservatory and Sunken Gardens
- Bethel Park
- University Park
- Indiana State Museum
Commuter Rail
Airports
- Indianapolis International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.