501 Madison Ave, Indianapolis, IN 46225
What This Condo Offers
Coming Soon! **Half Off First Full Month's Rent if Moved in by 6/15!! Synonymous with comfort and style,501 Madison Avenue,Apt 311,offers a perfect blend of modern living and urban convenience. Nestled in the heart of Indianapolis,this... one-bedroom,one-bathroom apartment spans an inviting 700 square feet,providing ample space for relaxation and creativity. Step inside to discover beautifully finished hardwood floors that flow seamlessly throughout,adding warmth and elegance to your new home. The open-concept design ensures a natural transition between the living,dining,and kitchen areas,making it ideal for entertaining or simply enjoying a cozy night in. Large windows invite abundant natural light,creating a bright and airy ambiance that lifts your spirits. The well-appointed kitchen boasts modern appliances and plenty of counter space,perfect for culinary adventures. The spacious bedroom offers a tranquil retreat,while the full bathroom features contemporary fixtures and finishes for your convenience. Located in a vibrant neighborhood,you'll have easy access to local cafes,shopping,and cultural attractions,all just a short stroll away. Whether you're a young professional or someone looking to enjoy the bustling city life,this apartment provides a serene escape within the lively cityscape. Don't miss the opportunity to make 501 Madison Avenue,Apt 311,your new urban sanctuary. 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). Residents are responsible for turning on electric in their own name. Water,sewer and trash cost $40.00. All of our 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
Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
- $1,299 / month
- 1 Bed
- 1 Bath
- 700 sq. ft.
- Available Now
Condo Features
- Dishwasher
- Hardwood Floors
- Heating
- Microwave
- Oven
- Range
- Refrigerator
Community Features
- Garages
- Laundry Facilities
501 Madison Ave Condo Unit 311 is located in Indianapolis, Indiana in the 46225 zip code.
Rental Fees and Pet Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Cats Allowed
- Fee Not Specified
Dogs Allowed
- Fee Not Specified
Parking
- Garage--
Condo Details
Home Design
- Built in 1860
- Traditional Architecture
- Brick Exterior Construction
- Condominium
- Slab Foundation
Interior Spaces
- 1-Story Property
- Family or Dining Combination
- Paddle Fans
- Window Screens
- 700 Sq Ft Home
- Main Level Square Feet
- Upper Level Square Feet
Kitchen
- Electric Cooktop
- Electric Oven
- Kitchen Island
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Full Bathroom
- 1 Bedroom | 1 Bathroom
- 1 Bedroom
- Full Bathrooms in Basement
- Half Bathrooms in Basement
Parking
- 1 Car Attached Garage
Accessible Home Design
- Entry on the 3rd floor
Lot Details
- 0.52 Acre Lot
- 1 Common Wall
Utilities
- Forced Air Heating System
- Public Water Source
Listing and Financial Details
- Property Available on 2025-06-15
- 12-Month Minimum Lease Term
- $65 Application Fee
- $47490 Total Annual Tax in 2024
- Tax Lot 491112225004000101
- Assessor Parcel Number 491112225004000101
- Tenant pays for all utilities
- The owner pays for no utilities
Community Details
Overview
- Property managed by PMI Midwest
Amenities
- Laundry Facilities
Pet Policy
- Pets allowed on a case-by-case basis
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Indianapolis, IN 46225

The information is being provided by MIBOR Association of REALTORS®. Information deemed reliable but not guaranteed.
Neighborhood Scores
Walk Score ®
Very Walkable77 / 100
Transit Score ®
Good Transit62 / 100
Bike Score ®
Very Bikeable81 / 100
Soundscore ™
Active70 / 100
Travel and Transit


Local Education
Colleges and Universities
School
Commute Time (Distance)
Purdue Indianapolis
Drive: 5 min (2.1 mi)
Ivy Tech Community College
Drive: 7 min (3.3 mi)
University of Indianapolis
Drive: 8 min (4.4 mi)
Marian Univ., Indianapolis
Drive: 12 min (6.1 mi)
Discover Old Southside, Indianapolis, IN
Shopping Centers
Shoppers will appreciate 501 Madison Ave Condo Unit 311 proximity to CityWay, Circle Centre, and Lockefield Commons. CityWay is 0.4 miles away, and Circle Centre is within a 9 minute walk.
Commuting
With a TransitScore of 62, 501 Madison Ave Condo Unit 311 has good transit, including 1 transit stop within 0.3 miles. Transit options include Indianapolis.
Parks and Recreation
Recreational activities near 501 Madison Ave Condo Unit 311 are plentiful. Discover 5 parks within 2.2 miles, including University Park, Indiana State Museum, and White River State Park.
Airports
Living in Old Southside provides easy access to Indianapolis International, located just 24 minutes from 501 Madison Ave Condo Unit 311.
Nearby Properties You Might Like
Within 50 Miles of 501 Madison Ave Unit 311
Find More Rentals in Indianapolis
Indianapolis Apartments by Amenity
- Pet-Friendly Apartments in Indianapolis
- Furnished Apartments in Indianapolis
- Waterfront Apartments in Indianapolis
- Apartments with a Pool in Indianapolis
- Apartments with Wheelchair Access in Indianapolis
- Apartments with Washer & Dryer in Indianapolis
- Apartments with Utilities Included in Indianapolis
- Apartments with a Garage in Indianapolis
- Apartments with EV Charging in Indianapolis
Apartments in your Budget
- Rooms for Rent in Indianapolis
- Indianapolis Move-in Specials
- Cheap Apartments in Indianapolis
- Luxury Apartments in Indianapolis
- Apartments under $700 in Indianapolis
- Apartments under $900 in Indianapolis
- Apartments under $1000 in Indianapolis
- Apartments under $1500 in Indianapolis
- Apartments under $2000 in Indianapolis
- Apartments under $2500 in Indianapolis