501 Madison Ave Unit 202 Indianapolis, IN 46225
Wholesale District NeighborhoodHighlights
- 0.52 Acre Lot
- Wood Flooring
- 1-Story Property
- Traditional Architecture
- 1 Car Attached Garage
- Central Air
About This Home
**24-Hour Look and Lease Special! Apply within 24 hours of your tour and receive half off your first full month's rent! Glimpse the vibrant lifestyle awaiting you at 501 Madison Avenue, Apt 202, nestled in the heart of Indianapolis. This meticulously designed studio apartment offers 675 square feet of stylish living space, perfectly complementing your dynamic lifestyle. Revel in the timeless elegance of hardwood floors that add a touch of sophistication and warmth to your new home. The spacious full bathroom offers modern fixtures and ample space, ensuring convenience and comfort. Situated in a prime location, this apartment positions you just moments away from the bustling energy and cultural delights of downtown Indianapolis. Enjoy the convenience of city living with easy access to an array of dining, shopping, and entertainment venues. With a layout that maximizes every inch, this apartment provides a blank canvas to express your unique style and personality. Imagine hosting intimate gatherings or simply unwinding in the cozy ambiance of your chic urban retreat. The welcoming atmosphere and strategic location make it an ideal choice for those seeking a harmonious balance between work and play. Embrace the opportunity to make this remarkable space your own and experience the vibrant lifestyle that awaits at 501 Madison Avenue. Lofts on Madison offers an on-site laundry facility. There is a secured parking garage with spots available for purchase ($125 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 $42.44. 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, etc.
Condo Details
Home Type
- Condominium
Year Built
- Built in 1860
Lot Details
- 1 Common Wall
Parking
- 1 Car Attached Garage
- Common or Shared Parking
- Garage Door Opener
- Assigned Parking
Home Design
- Traditional Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1 Full Bathroom
- 675 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Property Available on 9/22/25
- Tenant pays for all utilities
- The owner pays for no utilities
- 12-Month Minimum Lease Term
- $65 Application Fee
- Tax Lot 491112225004000101
- Assessor Parcel Number 491112225004000101
Community Details
Pet Policy
- Pets allowed on a case-by-case basis
Additional Features
- Property managed by PMI Midwest
- Laundry Facilities
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Price Changed | $1,199 | -4.0% | $2 / Sq Ft |
| 10/22/2025 10/22/25 | For Rent | $1,249 | 0.0% | -- |
| 10/08/2025 10/08/25 | Off Market | $1,249 | -- | -- |
| 08/19/2025 08/19/25 | For Rent | $1,249 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22057666
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