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  • Lofts on Madison - Lofts on Madison

Lofts on Madison

501 Madison Ave, Indianapolis, IN 46225

Leasing Office: 7275 Shadeland Ave, Indianapolis, IN 46250

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$1,149 - $1,199 Studio 1 Bath
View Fees and Policies

Pricing and Floor Plans

Studio

$1,099 - $1,249
Studio, 1 Bath
550 - 675 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Price
Sq. Ft.
Available
202
$1,199
675
Now
301
$1,149
550
Now
* Price shown is total price based on community-supplied monthly required fees. 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. View Fees and Policies for details. 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 units / 3 stories

Fees and 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

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

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Area Scores

Walkability

Moderately walkable70 / 100

Transit

Some public transit40 / 100

Driveability

Very drivable80 / 100

Bikeability

Moderately bikeable70 / 100

Scores provided by

Soundscore ™

Active70 / 100

Scores provided by
HowLoud

Transit

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

Moving to Old Southside, Indianapolis, IN

Shopping Centers

Shoppers will appreciate Lofts on Madison proximity to CityWay, Circle Centre, and Lockefield Commons. CityWay is 0.4 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

1 rating

Arsenal Technical High School

Grades 9-12

Public

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

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Colleges and Universities

School

Commute Time (Distance)

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)

University of Indianapolis

Drive: 8 min (4.4 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
  • SundayCLOSED
  • Monday9:00 AM - 5:00 PM
  • TuesdayBy Appointment Only
  • WednesdayBy Appointment Only
  • ThursdayBy Appointment Only
  • Friday9:00 AM - 5:00 PM
  • SaturdayCLOSED
Leasing Office:
7275 Shadeland Ave Indianapolis, IN 46250

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