4040 N College Ave, Indianapolis, IN 46205
What This Townhouse Offers
Welcome to 4040 N. College Ave.,a charming two-story townhome offering approximately 1,280 square feet of comfortable living space in a highly desirable Indianapolis location. This well-maintained home features 3 bedrooms,1.5 bathrooms,and versatile living areas perfect for families,roommates,students,or professionals. Enjoy the convenience of being located directly on the IndyGo Red Line and the Monon Trail,providing easy access throughout the city. The property is just minutes from Butler University,Marian University,and IU Indianapolis (IU Indy),making it an excellent option for students,faculty,and staff. You'll also love being close to some of Indianapolis' most popular destinations,including Broad Ripple,Mass Ave,and Downtown Indianapolis,where you'll find outstanding dining,entertainment,shopping,and cultural attractions. Situated on a generous lot,this home offers ample outdoor space for relaxing and entertaining. Built in 1910,it combines historic character with modern convenience. Move-in Special: 1/2 off your first month's rent. Flexible deposit options available. Schedule your showing today!
Unit
Townhome Features
- Air Conditioning
- Dishwasher
- Microwave
- Oven
- Range
4040 N College Ave is a townhome for rent in Indianapolis, IN
Fees & Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
One-Time Basics
Due at Application
-
Application Fee Per Applicant$50
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.
Townhome Details
Home Design
- Built in 1910 | Remodeled
- Traditional Architecture
- Townhome
- Vinyl Siding
- Block Foundation
Interior Spaces
- 1280 Sq Ft Home
- Main Level Square Feet
- Upper Level Square Feet
- 2-Story Property
Kitchen
- Updated Kitchen
- Electric Cooktop
- Electric Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1.5 Bathrooms
- 3 Bedrooms | 2 Bathrooms
- 3 Bedrooms
- Full Bathrooms in Basement
- Half Bathrooms in Basement
Laundry
- Dryer
Basement
- Basement
Parking
- On-Street Parking
- Alley Access
Lot Details
- 5271 Sq Ft Lot
Utilities
- Central Air
- Gas Water Heater
- Public Water Source
- Heating System Uses Natural Gas
Listing and Financial Details
- Security Deposit $2,250
- Property Available on 2025-12-20
- 12-Month Minimum Lease Term
- $50 Application Fee
- $6048 Total Annual Tax in 2024
- Legal Lot and Block L407 / 2nd Sec
- Assessor Parcel Number 490613101095000801
- Tenant pays for all utilities
Community Details
Overview
- Washington Heights Subdivision
Pet Policy
- No Pets Allowed
- Pet Deposit $200
Explore Commute Options
What's nearby 4040 N College Ave
Get In Touch
Indianapolis, IN 46205
The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.
Area Scores
Walkability
Fairly walkable
Transit
Limited public transit
Driveability
Moderately drivable
Bikeability
Fairly bikeable
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Driveability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
Soundscore™
Busy
A Sound Score rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Travel and Transit
Commuter Rail
11 min Drive
Airport
34 min Drive
Local Education
Primary and Secondary Schools
Center for Inquiry School 70
Grades K-5
Public
Louis B. Russell Jr. School 48
Grades PK-5
Public
Broad Ripple Middle School - An IB World School
Grades 6-8
Public
KIPP Indianapolis College Preparatory
Grades 6-8
Public
St. Joan of Arc Catholic School
Grades PK-8
Private
KIPP Indy Legacy High
Grades 9-12
Public
Shortridge High School
Grades 9-12
Public
The Independence Academy
Grades K-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
| School | Commute Time (Distance) |
|---|---|
| Butler University | Drive: 6 min (2.4 mi) |
| Ivy Tech Community College | Drive: 5 min (2.4 mi) |
| IU - School of Medicine | Drive: 8 min (3.7 mi) |
| Marian Univ., Indianapolis | Drive: 8 min (3.9 mi) |
Discover Meridian Kessler, Indianapolis, IN
Shopping Centers
Shoppers will appreciate 4040 N College Ave proximity to Meridian Plaza and 4901-4915 E Pennsylvania St.. Meridian Plaza is 1.4 miles away, and 4901-4915 E Pennsylvania St. is within a 26 minute walk.
Commuting
With a TransitScore of 30, 4040 N College Ave has limited public transit, including 1 transit stop within 5.3 miles. Transit options include Indianapolis.
Parks and Recreation
Recreational activities near 4040 N College Ave are plentiful. Discover 5 parks within 3.2 miles, including The Children's Museum of Indianapolis, Holcomb Observatory & Planetarium, and Douglass Park.
Airports
Living in Meridian Kessler provides easy access to Indianapolis International, located just 35 minutes from 4040 N College Ave.
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