Lofts on Madison
501 Madison Ave,
Indianapolis,
IN
46225
Leasing Office:
7275 Shadeland Ave, Indianapolis, IN 46250
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Monthly Rent
$999 - $1,299
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Bedrooms
Studio - 1 bd
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Bathrooms
1 ba
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Square Feet
500 - 700 sq ft
Pricing & Floor Plans
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Unit 303price $999square feet 500availibility Now
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Unit 305price $1,149square feet 550availibility Now
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Unit 206price $1,199square feet 500availibility Now
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Unit 311price $1,299square feet 700availibility Now
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Unit 303price $999square feet 500availibility Now
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Unit 305price $1,149square feet 550availibility Now
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Unit 206price $1,199square feet 500availibility Now
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Unit 311price $1,299square feet 700availibility Now
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
- One-Time Move-In Fees
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Application Fee$65
- Dogs Allowed
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Monthly pet rent$65
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One time Fee$300
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Pet deposit$0
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Weight limit25 lb
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Pet Limit3
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Restrictions:This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Pet rent is based on a pet screening and will be between $25-$65 per month
- Cats Allowed
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Monthly pet rent$65
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One time Fee$300
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Pet deposit$0
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Weight limit25 lb
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Pet Limit3
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Restrictions:This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Pet rent is based on a pet screening and will be between $25-$65 per month
- Parking
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Garage - Attached$100/moAssigned Parking
- Additional Services
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Resident benefit package$37/mo
Details
Lease Options
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12 Month
Property Information
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Built in 1900
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23 units/3 stories
About Lofts on Madison
501 Madison Ave was originally built in the early 1900's for warehouse use and the early 20th century industrial architecture can still be found throughout the building to this day as it now houses 23 fully updated units. Located within walking distance of Bankers Life Fieldhouse, Lucas Oil Stadium, the Indianapolis Convention Center, Georgia Street, and much more, this is the perfect place to call home for anyone looking to call downtown Indy home! Lofts on Madison has spacious studios and one bedroom lofts available with garage parking optional within building. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for rent($100 monthly). This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Gas, water, sewer and trash cost $40.00 per month. All PMI Midwest 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, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.
Lofts on Madison is an apartment community located in Marion County and the 46225 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.
Contact
Community Amenities
Laundry Facilities
Elevator
Concierge
Controlled Access
- Laundry Facilities
- Controlled Access
- Concierge
- 24 Hour Access
- Online Services
- Elevator
- Vintage Building
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
Hardwood Floors
Island Kitchen
Granite Countertops
Microwave
Highlights
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Tub/Shower
- Sprinkler System
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Granite Countertops
- Stainless Steel Appliances
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
Model Details
- Hardwood Floors
- Vinyl Flooring
- High Ceilings
- Patio
- Laundry Facilities
- Controlled Access
- Concierge
- 24 Hour Access
- Online Services
- Elevator
- Vintage Building
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Tub/Shower
- Sprinkler System
- Dishwasher
- Disposal
- Granite Countertops
- Stainless Steel Appliances
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Hardwood Floors
- Vinyl Flooring
- High Ceilings
- Patio
| Monday | 10am - 2pm |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | 10am - 2pm |
| Saturday | Closed |
| Sunday | Closed |
Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC.
Downtown features a thriving nightlife scene, mainly along Meridian Street and Massachusetts Avenue and incorporating an immense selection of bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere and the popular Food Truck Fridays delivering more eclectic fare during the summer months.
Learn more about living in Downtown Indianapolis| 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 |
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 © 2025. All rights reserved.
Lofts on Madison Photos
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Lofts on Madison
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Nearby Apartments
Within 50 Miles of Lofts on Madison
Lofts on Madison has studios to one bedroom with rent ranges from $999/mo. to $1,299/mo.
Yes, to view the floor plan in person, please schedule a personal tour.
Lofts on Madison is in the city of Indianapolis. Here you’ll find three shopping centers within 1.9 miles of the property.Five parks are within 2.2 miles, including University Park, Indiana State Museum, and White River State Park.
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
501 Madison Ave
Indianapolis, IN 46225