Skip main navigation
Off market
  • Price Unknown

    501 Madison Ave APT 206, Indianapolis, IN 46225

    0beds
    500sqft
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,308 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,308/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,308/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,308/mo

    Rent Zestimate®

    Refinance and save

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Large windowsModern efficiencyNatural lightOpen floor plan

    **Half Off First Full Month's Rent if Moved in by 7/31!! 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 PMI Midwest 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 connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Ceiling Fan
    Appliances
    • Included: Dishwasher, Freezer, Microwave, Range Oven, Refrigerator
    • Laundry: Shared
    Features
    • Ceiling Fan(s), Large Closets
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 500 sqft

    Property

    Parking
    • Parking features: None
    • Details: Contact manager
    Features
    • Exterior features: Concierge, Electricity not included in rent

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $2,398
    Location
    • Region: Indianapolis

    Financial & listing details

    • Date on market: 6/18/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/4/2025Listing removed$1,199$2/sqft
    Source: Zillow Rentals Report a problem
    6/18/2025Listed for rent$1,199+14.2%$2/sqft
    Source: Zillow Rentals Report a problem
    5/7/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/11/2024Price change$1,050-23.6%$2/sqft
    Source: Zillow Rentals Report a problem
    6/5/2023Listed for rent$1,375$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating