Lofts on Madison

501 Madison Ave, Indianapolis, IN 46225

Leasing Office: 7275 Shadeland Ave, Indianapolis, IN 46250

Last Updated: 1 Wk Ago
Monthly Rent
$1,050 - $1,424
View Fees and Policies
Bedrooms
Studio - 1
Bathrooms
1 Bath
Sq. Ft.
550 - 700 sq ft

Pricing and Floor Plans

Lofts on Madison

$1,050
Studio, 1 Bath
560 Sq. Ft.
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Available Now

Lofts on Madison

$1,375
1 Bed, 1 Bath
700 Sq. Ft.
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Available Now

Lofts on Madison

$1,424
1 Bed, 1 Bath
700 Sq. Ft.
Show Floor Plan Details
Available Now
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 12 - 24 Month Leases

Property Information

  • Built in 1900
  • 23 units3 stories

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
    $65

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

Drive Time
Walk Time
Bike Ride Time
Public Transit

Property Highlights

  • Restaurant In Basement

Apartment Features

  • Air Conditioning
  • Basement
  • Cable Ready
  • Ceiling Fans
  • Dishwasher
  • Disposal
  • Freezer
  • Granite Countertops
  • Hardwood Floors
  • Heating

Community Features

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Elevator
  • Laundry Facilities
  • Lounge
  • Online Services
  • Renters Insurance Program
  • Vintage Building

Map of Lofts on Madison

Area Scores

Walkability

Moderately walkable

Transit

Some public transit

Driveability

Very drivable

Bikeability

Moderately bikeable

Scores provided by

Soundscore

Busy

Scores provided by

Transit

Commuter Rail

2 min Walk

Amtrak

Airport

Indianapolis International

24 min Drive

IND

Moving to Old Southside, Indianapolis, IN

Shopping Centers

Shoppers will appreciate Lofts on Madison proximity to CityWay, Circle Centre, and Lockefield Commons. CityWay is 0.5 miles away, and Circle Centre is within an 8 minute walk.

Commuting

With a TransitScore of 40, Lofts on Madison has some public transit, including 1 transit stop within 0.3 miles. Transit options include Indianapolis.

Parks and Recreation

Recreational activities near Lofts on Madison 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 Lofts on Madison.

Local Education

Primary and Secondary Schools

GreatSchools rating: 7 out of 10

Center for Inquiry School 2

Grades K-5

Public

GreatSchools rating: 5 out of 10

James A. Garfield School 31

Grades PK-5

Public

GreatSchools rating: 2 out of 10

Arlington Community Middle School

Grades 6-8

Public

GreatSchools rating: 5 out of 10

HW Longfellow Med/STEM Magnet Midl

Grades 6-8

Public

GreatSchools rating: 4 out of 10

Edison School of the Arts 47

Grades K-8

Public

GreatSchools rating: 2 out of 10

Arsenal Technical High School

Grades 9-12

Public

GreatSchools rating: 4 out of 10

Crispus Attucks Medical Magnet High School (9-12)

Grades 9-12

Public

Data provided by GreatSchools.org © 2026. All rights reserved.

GreatSchools

Colleges and Universities

School Commute Time (Distance)
Purdue University Drive: 4 min (1.9 mi)
IU - Indianapolis Drive: 5 min (2.1 mi)
IU - School of Medicine Drive: 5 min (2.3 mi)
Ivy Tech Community College Drive: 7 min (3.3 mi)

About Lofts on Madison

Apply within 24 hours of your tour and get half off your first full month’s rent!

Live your downtown dream at 501 Madison Ave, where modern design meets Indy energy. This stylish studio apartment (500 sq ft) is made for easy living — bright, open,… and totally efficient. Natural light floods the space through large windows, giving it that warm, city-chic vibe perfect for work, study, or chill.

Step outside and you’re in the heart of downtown Indianapolis — walk to Bottleworks District, grab tacos at Nada, coffee at Coat Check, or catch a show at Gainbridge Fieldhouse just blocks away. With easy access to IndyGo transit, you’re connected to everything the city has to offer.

Lofts on Madison keeps it simple and convenient with on-site laundry, secured garage parking ($125/mo), and pet-friendly living (cats & small dogs welcome). Utilities are easy too — just pay your own electric, plus $42.44/month for water, sewer & trash.

All residents are automatically enrolled in our Resident Benefits Package ($36.95/mo) — get perks like credit building, air filter delivery, and more.

Move fast — stylish downtown living like this doesn’t last long.
501 Madison #305 is your perfect city base to live, work, and play.

Lofts on Madison is an apartment community in Indianapolis, IN

Contact

Property Address:
501 Madison Ave,
Indianapolis, IN 46225
Phone Number: (317) 779-2676
Office Hours
  • Sunday Closed
  • Monday 9:00 AM – 5:00 PM
  • Tuesday By Appointment Only
  • Wednesday By Appointment Only
  • Thursday By Appointment Only
  • Friday 9:00 AM – 5:00 PM
  • Saturday Closed
Leasing Office:
7275 Shadeland Ave, Indianapolis, IN 46250

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Contact This Property

(317) 779-2676
Tour Options: In-Person

Languages: English

Open 9:00 AM – 5:00 PM Today

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