
5039 N College Ave, Indianapolis, IN 46205
What This Townhouse Offers
Updated 3-Bedroom Single-Family Home in SoBro Discover a beautifully renovated half of a duplex in desirable SoBro, Indianapolis. Built in 1924 and... thoughtfully updated for modern living, this spacious rental blends historic character with contemporary finishes—ideal for renters seeking a comfortable, stylish home close to the Monon Trail, local restaurants, and neighborhood shops.Notable Upgrades and Finishes The interior has been freshly painted and features original hardwood floors that run throughout the living spaces. The kitchen showcases stainless steel appliances, new cabinets and counter tops and a dishwasher. Thoughtful Layout and Comfortable Living This three-bedroom, one-bath layout offers generous room sizes within a single-family unit format, providing privacy and a true home feel compared to typical apartment living. The floorplan flows naturally from an inviting living area into the updated kitchen, making the space well-suited for entertaining or relaxed daily routines.Modern Comforts and Practical Features Central air ensures year-round comfort, while in-unit laundry adds convenience and time savings. Renovated systems and fresh finishes mean fewer immediate maintenance concerns, allowing you to enjoy the home from day one. Driveway parking provides on-site convenience, and lawn care is included with rent, simplifying outdoor upkeep.Outdoor and Parking Details The property includes a dedicated driveway for parking and low-maintenance yard care as part of the rental, so you can spend more time enjoying nearby trails and city amenities rather than routine outdoor chores.Prime SoBro Location Located in the vibrant SoBro neighborhood, this home places you within walking or biking distance to the Monon Trail, popular eateries, boutique shops, and neighborhood services. The area’s mix of green space and urban convenience offers an active, walkable lifestyle while remaining well-connected to broader Indianapolis destinations.Lease Information and Move-In Considerations Rent for this renovated single-family unit is $1,550 per month with a security deposit of $1,300. This unit is not offered on a month-to-month basis. For renters seeking a balance of historic charm, modern upgrades, and a prime SoBro location, this property presents an attractive option.Schedule a Tour Experience the combination of original character and contemporary updates in person—this home’s thoughtful finishes, practical amenities, and convenient location make it a standout rental in Indianapolis.First month's rent is due prior to moving in.No EvictionsNo Bankruptcies in the past 7 years.May deny due to violent Felonies or Felonies involving narcoticsThe security deposit and cleaning fee is due when signing the lease.
Unit
- $1,550 / month
- 3 Beds
- 1 Bath
- 1300 sq. ft.
- Available May 1
Townhome Features
- Hardwood Floors
- Washer/Dryer
5039 N College Ave is a townhome for rent in Indianapolis, IN
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Dogs
- Dogs Allowed
Cats
- Cats Allowed
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.
Explore Commute Options
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Get In Touch
Indianapolis, IN 46205
Area Scores
Walkability
Fairly walkable50 / 100
Transit
Some public transit40 / 100
Driveability
Moderately drivable60 / 100
Bikeability
Moderately bikeable60 / 100
Travel and Transit


Local Education
Primary and Secondary Schools
Broad Ripple Magnet High School for the Arts & Humanities (9-12)
Grades 9-12
Public
Data provided by GreatSchools.org 2024 © 2024. All rights reserved.
Colleges and Universities
School
Commute Time (Distance)
Butler University
Drive: 4 min (1.8 mi)
Ivy Tech Community College
Drive: 8 min (3.8 mi)
IU - School of Medicine
Drive: 11 min (5.1 mi)
Marian Univ., Indianapolis
Drive: 10 min (5.2 mi)
Discover Fairgrounds, Indianapolis, IN
Shopping Centers
Shoppers will appreciate 5039 N College Ave proximity to 54th & College, 4901-4915 E Pennsylvania St., and 54th and The Monon Shops. 54th & College is 0.6 miles away, and 4901-4915 E Pennsylvania St. is within a 12 minute walk.
Commuting
With a TransitScore of 40, 5039 N College Ave has some public transit, including 1 transit stop within 6.7 miles. Transit options include Indianapolis.
Parks and Recreation
Recreational activities near 5039 N College Ave are plentiful. Discover 5 parks within 3.8 miles, including Holcomb Observatory & Planetarium, Broad Ripple Park, and Holliday Park and Nature Center.
Airports
Living in Fairgrounds provides easy access to Indianapolis International, located just 38 minutes from 5039 N College Ave.
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