• Photo - 501 Madison Ave Condo Unit 206
$1,199/month

501 Madison Ave, Indianapolis, IN 46225

Last Updated:

What This Condo Offers

Coming Soon! **Half Off First Full Month's Rent if Moved in by 6/15!! Celebrate the charm of city living at 501 Madison Avenue,Unit 206,where urban elegance meets comfort in the heart of Indianapolis. This inviting studio apartment offers a... perfectly designed 500 sq ft space,ideal for those seeking a cozy and efficient living experience. Picture yourself in a vibrant neighborhood,with easy access to the cultural and culinary delights that downtown Indy has to offer. The thoughtfully designed open floor plan maximizes every inch,creating a seamless flow between living,dining,and sleeping areas. Enjoy the modern efficiency of a beautifully arranged full bathroom,providing all the essentials for your daily routine. Large windows invite natural light to dance across your living space,creating a bright and welcoming atmosphere to start and end your day. Whether you're a young professional or a student,this apartment offers the perfect balance of convenience and style. Imagine the ease of city commuting with nearby public transport options,bringing the best of the city right to your doorstep. Unit 206 is your gateway to an exciting urban lifestyle,perfectly blending comfort and accessibility. Discover the possibilities that await in this exceptional Indianapolis residence,and make 501 Madison Avenue your new home sweet home. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for purchase ($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 electric on in their 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 properties),move-in concierge service making utility connect

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.

Unit 206

  • $1,199 / month
  • Studio
  • 1 Bath
  • 500 sq. ft.
  • Available Jul 1

Condo Features

  • Dishwasher
  • Hardwood Floors
  • Heating
  • Microwave
  • Oven
  • Refrigerator

Community Features

  • Garages
  • Laundry Facilities

501 Madison Ave Condo Unit 206 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

Condo Details

Home Design

  • Built in 1860
  • Traditional Architecture
  • Brick Exterior Construction
  • Condominium
  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • 1-Story Property
  • Combination Dining and Living Room
  • Paddle Fans
  • Window Screens
  • 500 Sq Ft Home
  • Main Level Square Feet
  • Upper Level Square Feet

Kitchen

  • Electric Oven
  • Kitchen Island
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Full Bathrooms in Basement
  • Half Bathrooms in Basement

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Assigned Parking
  • Garage Door Opener

Accessible Home Design

  • Entry on the 2nd 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 2025-07-01
  • 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

Destination Address
  • Drive Time
    --
  • Walk Time
    --
  • Bike Ride Time
    --
  • Public Transit
    --

What's nearby 501 Madison Ave Unit 206

Loading...

Get In Touch

Property Address:
501 Madison Ave,
Indianapolis, IN 46225
Listed by
Mark Jones
Phone Number: (317) 546-3482
MIBORRA#IN

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

Commuter Rail
Indianapolis
0 min Drive
Amtrak
Airport
Indianapolis International
24 min Drive
Indianapolis International

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 206 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 206 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 206 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 206.

Protect yourself from fraud. Do not send money to anyone you don't know.
Avoid Scams

Nearby Properties You Might Like

Within 50 Miles of 501 Madison Ave Unit 206

Find More Rentals in Indianapolis

Call